Author: Adam Eckert

Virgin Galactic Holdings released its third-quarter financial figures after the market closed on Thursday. The space tourism company reported revenue of $427,000, which came in higher than analysts had anticipated. Following the earnings announcement, the company’s stock experienced downward pressure and shares declined.

Applied Materials has released its financial results for the fourth fiscal quarter. The company also raised its guidance following strong demand for chips driven by artificial intelligence.

Cisco Systems released its financial results for the first quarter of fiscal 2027, surpassing Wall Street revenue expectations. Driven by a strong networking supercycle, the company also decided to increase its full-year financial outlook.