Goldman Sachs expects Nvidia ’beat and raise,’ lifts price target to $240
After-hours movers:
Meta Platforms (META) fell 8% after taking a $16 billion charge due to a tax bill. Meta expects full year 2025 total expenses to be in the range of $116-118 billion, updated from prior outlook of $114-118 billion and reflecting a growth rate of 22-24% year-over-year.
Microsoft (MSFT) fell 3% despite solid quarterly results. Revenue was $77.7 billion and increased 18%.
Alphabet (GOOGL) rose 6% after beating estimates. Google Cloud revenues increased 34% to $15.2 billion, led by growth in Google Cloud Platform (GCP) across core products, AI Infrastructure and Generative AI Solutions.
ServiceNow (NOW) rose 5% after topping estimates. ServiceNow reported Q3 EPS of $4.82, $0.56 better than the analyst estimate of $4.26.
Starbucks (SBUX) rose 2% after solid performance. Revenue for the quarter came in at $9.57 billion versus the consensus estimate of $9.35 billion.
Chipotle Mexican Grill (CMG) fell 3% on lackluster results. Revenue for the quarter came in at $3 billion versus the consensus estimate of $3.03 billion.
Align Technology (ALGN) rose 17% after beating estimates. Revenue for the quarter came in at $995.7 million versus the consensus estimate of $975.92 million.
Carvana (CVNA) fell 6% despite ok quarterly figures. In Q3 2025, Carvana sold 155,941 retail units (+44% YoY) for total Revenue of $5.647 billion (+55% YoY), both all-time quarterly records
eBay (EBAY) fell 7% despite beating estimates. Revenue for the quarter came in at $2.8 billion versus the consensus estimate of $2.73 billion.
