S&P 500 Profits and Losses Today: Results and Guidance Arista Networks Beat Estimates

S&P 500 Profits and Losses Today: Results and Guidance Arista Networks Beat Estimates

Key foods The S&P 500 rose 0.65 percent on Tuesday, Oct. 31, 2023, ahead of Wednesday’s Federal Reserve decision, key earnings news and Friday’s jobs report. Arista Networks topped the S&P 500 as the cloud computing network equipment maker beat earnings, sales and guidance estimates. Shares of VF Corporation fell after the parent of The …

Read more

Meta says XR losses will increase due to product development

Meta says XR losses will increase due to product development

Meta expects its continued “loss” in the reality labs segment to increase in 2024. Reality Labs is the meta division behind Quest headsets, smart glasses, meta avatars, Horizon, and research and development for AR glasses and their neural wristband input device. In its third quarter earnings call today, Meta reported Reality Labs’ revenue of $210 …

Read more