For the first time this year, low-income consumers during the quarter outperformed the high-income cohort at its restaurants, CEO Scott Boatwright said.
Chipotle shares rise 7% after CEO says same-store sales growth will continue
Source: CNBC
Original reporting
CNBC: read the full reportRelated stories
The Guardian
Microsoft posts $92.3bn quarterly revenue after offering buyouts to 60,000 employees
Software giant reports $36.6bn in profit, beating Wall Street expectations, as Azure cloud computing division grows 48% Microsoft gained billions of dollars in stock market value Wednesday afternoon after it reported better than expected revenue and profit, just days after it offered voluntary buyouts to some 60,000 employees. The office software giant’s growth was fueled by its Azure cloud computing division, which grew by 48% in the September quarter. Continue reading...
CNBC
Hands-on with Apple's first touchscreen laptop: Touch is totally optional
Any button that can be clicked can also be touched.
CNBC
Microsoft stock jumps 4% as cloud growth drives earnings and revenue beat
Microsoft reported better-than-expected results driven by 48% growth in Azure revenue.
CNBC
FedEx beats expectations, raises outlook in first report since calendar adjustment
FedEx on Wednesday beat Wall Street expectations on the top and bottom lines for the third quarter of its newly aligned fiscal year.
CNBC
Alphabet sinks 10% as it holds 2026 capex unchanged, expects significant increase in 2027
Alphabet missed Q3 expectations on earnings and revenue, its first top-and-bottom-line miss in nearly four years.
CNBC
Apple brings touch to the Mac, reversing years-old stance on touchscreen laptop
Apple announces a new touchscreen laptop, the company's third major launch under new CEO John Ternus.