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● A brokerage upgraded the stock to Buy with a $1,700 price target.
● Capex of $45.2 billion stayed below projections while freeCash Flowremained positive.
● Intel fell about 25%, Amazon about 7% and Alphabet 12.6% on spending and cash-flow worries.
● Alphabet's worst day since its 2004 IPO and Amazon's capex plan raised spending worries.
● AnnualRecurring Revenuegrew 9% to $195.5 million.
● Insiders sold 162,840 shares worth about $26.8 million over the last 90 days.
● Revenue rose 16% to $1.572 billion, and Roblox bought back about $200 million of stock.
● The Legal division reportedly grew 10%, which may signalDemandfor AI-powered offerings.
● The company cancelled its Nov. 5 third-quarterEarnings Callwhile it evaluates its strategic direction.
● No confirmed pre-market quote for Symbotic was available as of about 8:30 a.m. ET.
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