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Blockonomi
Cryptocurrency News & Your Guide to the Blockchain Economy
10/29/2026 09:37 PM Reddit, Inc. (RDDT) Stock: Drops Despite 74% Net Income Growth and $895 Million Revenue
TLDR Reddit stock plunges 16.67% after hours despite 53% revenue growth to $895 million. Reddit reports $283 million in net income as RDDT shares tumble to $108 after hours. Reddit revenue jumps 53% as advertising sales climb 54% to $847 million in Q3 2026. Reddit stock slides despite 74% net income growth and nearly doubled [...]
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10/29/2026 09:09 PM Intel (INTC) Stock: Plunges Despite 78% Data Center and AI Revenue Growth
TLDR Intel stock plunges 16.82% after hours despite 78% growth in data center and AI revenue. Intel posts $16.5 billion in Q3 revenue, but shares slide sharply after earnings. Intel data center revenue jumps 78% as PC weakness weighs on its stock outlook. Intel Foundry revenue surges 58%, while GAAP earnings fall 18% in the [...]
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10/29/2026 08:48 PM Sandisk Corporation (SNDK) Stock: Data Center Revenue Jumps 61% as Company Unveils 8-for-1 Split
TLDR Sandisk stock rebounds 2.87% after hours as data center revenue jumps 61%. Sandisk posts $11.03 billion in revenue as quarterly earnings surge 378% year over year. Sandisk announces an 8-for-1 stock split as shares recover after market close. Sandisk forecasts Q2 revenue of up to $12.6 billion after strong quarterly growth. Sandisk repurchases $5 [...]
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10/29/2026 08:30 PM ADT Inc. (ADT) Stock: Jumps 34% as Thrive Holdings Moves to Take Company Private
TLDR ADT stock jumps 33.20% to $9.87 as Thrive Holdings announces a $7.6B buyout deal. ADT shares hit a five-year high as Thrive Holdings offers $10 per share in cash. ADT stock rallies toward $10 after a $7.6 billion deal to take the company private. Thrive Holdings agrees to buy ADT at a 45.6% premium, [...]
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10/29/2026 08:23 PM Merck & Co., Inc. (MRK) Stock: Jumps 3.84% as Q3 2026 Revenue Rises 5% to $18.1 Billion
TLDR MRK Stock Jumps 3.84% as Merck Reports $18.1 Billion in Q3 2026 Revenue Growth Merck Stock Rises as KEYTRUDA Sales Hit $8.6 Billion and WINREVAIR Jumps 93% MRK Stock Climbs After Merck Raises 2026 Sales Forecast to 66.8B–67.3 Billion Merck Q3 Earnings Reveal 5% Revenue Growth Despite Declining Quarterly EPS in 2026 MRK Stock [...]
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10/29/2026 08:05 PM DoorDash (DASH) Stock: Climbs as Q3 Revenue Hits $4.6 Billion and Net Income Doubles
TLDR DoorDash stock jumps 6.50% as Q3 revenue hits $4.6 billion and net income nears double. DoorDash reports 34% revenue growth as net income surges 91% to $466 million in Q3. DoorDash’s $17 billion Instacart deal targets grocery growth and $500 million in synergies. DoorDash delivers 993 million orders as Marketplace GOV climbs 36% year [...]
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10/29/2026 07:46 PM Nuburu Inc. (BURU) Stock: Explodes 115% After Regaining Full NYSE American Listing Compliance
TLDR BURU stock explodes 115.40% to $0.3707 as Nuburu regains full NYSE compliance. Nuburu clears NYSE American listing hurdles as BURU shares surge more than 115%. BURU rallies 115.40% after NYSE American removes Nuburu’s compliance warning. Nuburu resolves listing deficiencies, sending BURU stock soaring to $0.3707. BURU stock jumps 115.40% as Nuburu exits NYSE American’s [...]
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10/29/2026 07:28 PM Amazon (AMZN) Stock: Falls 3.92% Ahead of Q3 Earnings Report
TLDR Amazon stock drops 3.92% to $244.62 as the company prepares to report Q3 earnings Amazon forecasts point to $202.25 billion in Q3 revenue, up from $180.16 billion AWS revenue could reach $45.68 billion as Amazon expands its artificial intelligence business Amazon’s Q3 report will highlight cloud growth, advertising sales, and AI spending plans Amazon [...]
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10/29/2026 07:20 PM Eli Lilly and Company (LLY) Stock: Surges 5.95% as Q3 Revenue Jumps 39% to $24.4 Billion
TLDR Eli Lilly stock jumps 5.95% as Q3 revenue surges 39% to $24.4 billion. LLY shares gain $76.68 as Mounjaro and Zepbound drive strong quarterly growth. Eli Lilly raises 2026 revenue guidance to 91billion–92 billion after strong Q3. Eli Lilly reports $7.22 in Q3 EPS as revenue climbs and acquisition charges weigh. LLY stock rallies [...]
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10/29/2026 06:51 PM Polygon and Solana Make Unexpected Payments Move
TLDR Polygon Labs has expanded its Open Money Stack payment services to Solana. The integration connects Solana businesses with banking services and global payment options. Businesses can manage stablecoin transfers, digital wallets, and payouts through one integration. Polygon and Solana will continue operating as separate blockchain networks. Solana has processed more than $5.7 trillion in [...]
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