Goldman Sachs beats Wall Street forecasts as investment-banking fees surge 20%
Goldman Sachs reported strong Q3 earnings with $12.7 billion in revenue, beating analysts' expectations amidst a complex economic landscape.
Reddit surges to new high after strong holiday-quarter forecast
Reddit's shares surged by 22% after beating sales and profit expectations, marking a significant growth in its stock value.
Trump Media stock soars nearly 200% as momentum traders ride its coattails chasing major returns
Trump Media stock has surged 198% recently, despite the company reporting significant financial losses.
High trading volumes indicate a trend driven by short-term momentum investors.
Will Warranties Badly Damage Ford Earnings Again?
Ford faces ongoing warranty costs impacting profits and stock performance.
The company is under scrutiny for delayed vehicle recalls and associated penalties.
Tesla's 22% Share Surge Does Nothing for EV Maker Lucid
Tesla's strong performance highlights its dominance in the EV market, contrasting with Lucid's challenges and minor share price movements.
Trump Media posts heavy losses in surprise election-night earnings report
Trump Media & Technology Group is experiencing significant financial losses despite a high valuation and volatile stock performance associated with election events.
Goldman Sachs beats Wall Street forecasts as investment-banking fees surge 20%
Goldman Sachs reported strong Q3 earnings with $12.7 billion in revenue, beating analysts' expectations amidst a complex economic landscape.
Reddit surges to new high after strong holiday-quarter forecast
Reddit's shares surged by 22% after beating sales and profit expectations, marking a significant growth in its stock value.
Trump Media stock soars nearly 200% as momentum traders ride its coattails chasing major returns
Trump Media stock has surged 198% recently, despite the company reporting significant financial losses.
High trading volumes indicate a trend driven by short-term momentum investors.
Will Warranties Badly Damage Ford Earnings Again?
Ford faces ongoing warranty costs impacting profits and stock performance.
The company is under scrutiny for delayed vehicle recalls and associated penalties.
Tesla's 22% Share Surge Does Nothing for EV Maker Lucid
Tesla's strong performance highlights its dominance in the EV market, contrasting with Lucid's challenges and minor share price movements.
Trump Media posts heavy losses in surprise election-night earnings report
Trump Media & Technology Group is experiencing significant financial losses despite a high valuation and volatile stock performance associated with election events.
Roblox ecosystem appears unmoved following report on inflated numbers and child safety issues
Hindenburg Research's allegations against Roblox failed to impact investor confidence significantly, as the company showed strong financial performance.
Costco Membership Fees Are What Makes It Profitable
Costco's membership fee increase significantly impacts its revenue and margin, essential for its bottom line.
Membership not only generates revenue but also enhances customer loyalty and store access.
Evri doubles profits after record year for parcel deliveries
Evri's pre-tax profits surged to £119 million, reflecting significant growth in parcel volumes and strategic investments in customer service.
HSBC managers are competing to keep their jobs in CEO's revamp
HSBC is restructuring its corporate and institutional banking division, leading to potential job cuts and requiring managers to reapply for their positions.
Santander to axe more than 1,400 jobs - London Business News | Londonlovesbusiness.com
Santander to cut over 1,400 jobs in the UK to reduce costs and automate operations.
Nissan Cuts 9,000 Jobs and Slashes C.E.O.'s Pay in Half
Nissan is cutting 9,000 jobs and slashing production capacity by 20% amid significant sales declines and a 90% drop in operating profit.
Boeing's European rival Airbus is axing up to 2,500 jobs at its space and defense unit
Airbus is cutting up to 2,500 jobs in its space and defense unit to address financial struggles.
HSBC managers are competing to keep their jobs in CEO's revamp
HSBC is restructuring its corporate and institutional banking division, leading to potential job cuts and requiring managers to reapply for their positions.
Santander to axe more than 1,400 jobs - London Business News | Londonlovesbusiness.com
Santander to cut over 1,400 jobs in the UK to reduce costs and automate operations.
Nissan Cuts 9,000 Jobs and Slashes C.E.O.'s Pay in Half
Nissan is cutting 9,000 jobs and slashing production capacity by 20% amid significant sales declines and a 90% drop in operating profit.
Boeing's European rival Airbus is axing up to 2,500 jobs at its space and defense unit
Airbus is cutting up to 2,500 jobs in its space and defense unit to address financial struggles.
Move Over Nvidia and Palantir, This AI Juggernaut Is Up 628% Year to Date. Can the Stock's Momentum Continue?
AppLovin became the top AI stock in 2024 with a 628% year-to-date price surge, primarily driven by its Axon 2 technology.
Lenovo's enterprise hardware biz still struggles for profits
Lenovo's enterprise growth is impressive but still results in losses, highlighting challenges amid increasing competition and evolving technological demands.
Move Over Nvidia and Palantir, This AI Juggernaut Is Up 628% Year to Date. Can the Stock's Momentum Continue?
AppLovin became the top AI stock in 2024 with a 628% year-to-date price surge, primarily driven by its Axon 2 technology.
Lenovo's enterprise hardware biz still struggles for profits
Lenovo's enterprise growth is impressive but still results in losses, highlighting challenges amid increasing competition and evolving technological demands.
Mark Zuckerberg explains why he's happy to keep spending boatloads on AI
Meta is heavily investing in AI and plans to continue this trend, seeing it as crucial for business growth.
Palantir Stock vs. Alphabet Stock: Billionaire Ken Griffin Sells One and Buys the Other | The Motley Fool
Palantir is gaining traction in AI platforms with strong growth but has recently seen a significant sell-off by Citadel's Ken Griffin.
Microsoft first quarter earnings beat Wall Street estimates thanks to cloud
Microsoft's cloud services significantly boosted revenue, beating Wall Street estimates, with a notable emphasis on AI's transformative role in businesses.
Google's moneymaking machine still pumping out massive profits despite multiple threats
Google continues to flourish financially despite significant AI investments and regulatory challenges.
Alphabet's stock jumps as ads, AI and cloud fuel strong revenue growth - SiliconANGLE
Alphabet Inc. reported strong earnings driven by cloud revenue growth, surpassing earnings expectations significantly.
Meta tops revenue targets but warns of 'significant' cap ex spending next year
Meta shows strong Q3 growth but faces investor concerns over AI spending.
Revenue grew 19% year-over-year, with significant future investment plans in AI.
Reality Labs continues to incur losses, raising questions about sustainability.
Mark Zuckerberg explains why he's happy to keep spending boatloads on AI
Meta is heavily investing in AI and plans to continue this trend, seeing it as crucial for business growth.
Palantir Stock vs. Alphabet Stock: Billionaire Ken Griffin Sells One and Buys the Other | The Motley Fool
Palantir is gaining traction in AI platforms with strong growth but has recently seen a significant sell-off by Citadel's Ken Griffin.
Microsoft first quarter earnings beat Wall Street estimates thanks to cloud
Microsoft's cloud services significantly boosted revenue, beating Wall Street estimates, with a notable emphasis on AI's transformative role in businesses.
Google's moneymaking machine still pumping out massive profits despite multiple threats
Google continues to flourish financially despite significant AI investments and regulatory challenges.
Alphabet's stock jumps as ads, AI and cloud fuel strong revenue growth - SiliconANGLE
Alphabet Inc. reported strong earnings driven by cloud revenue growth, surpassing earnings expectations significantly.
Meta tops revenue targets but warns of 'significant' cap ex spending next year
Meta shows strong Q3 growth but faces investor concerns over AI spending.
Revenue grew 19% year-over-year, with significant future investment plans in AI.
Reality Labs continues to incur losses, raising questions about sustainability.
Uber issues muted holiday forecast as it hits record profit
Uber reported record operating profit but missed ride booking expectations, signaling operational challenges amidst growth strategies.
The company is diversifying services and expanding to new demographics as it faces weaker global ride bookings.
Spotify projects first full year of profitability ever
Spotify expects to be profitable for the first time in 2024, marking a significant shift in its financial health.
Burberry shares soar as new CEO Josh Schulman admits 'lack of focus on outerwear,' vowing to turn losses around
Burberry's new CEO aims to rejuvenate the brand and address significant challenges amid a luxury market downturn. The 'Burberry Forward' plan is a key strategy.
Advance Auto Parts is closing 500 stores and shedding 200 independent locations to try to turn its business around
Advance Auto Parts is closing more than 500 stores to improve business performance amidst declining sales and financial losses.
Snap-on to Report Q3 Earnings: How is the Stock Placed Ahead?
Snap-on expected to show earnings growth for Q3 2024 amid strategic improvements.
Earnings estimate stable, indicating positive outlook despite slight revenue decline.
RCI process crucial for enhancing effectiveness and cost reductions at Snap-on.
Uber issues muted holiday forecast as it hits record profit
Uber reported record operating profit but missed ride booking expectations, signaling operational challenges amidst growth strategies.
The company is diversifying services and expanding to new demographics as it faces weaker global ride bookings.
Spotify projects first full year of profitability ever
Spotify expects to be profitable for the first time in 2024, marking a significant shift in its financial health.
Burberry shares soar as new CEO Josh Schulman admits 'lack of focus on outerwear,' vowing to turn losses around
Burberry's new CEO aims to rejuvenate the brand and address significant challenges amid a luxury market downturn. The 'Burberry Forward' plan is a key strategy.
Advance Auto Parts is closing 500 stores and shedding 200 independent locations to try to turn its business around
Advance Auto Parts is closing more than 500 stores to improve business performance amidst declining sales and financial losses.
Snap-on to Report Q3 Earnings: How is the Stock Placed Ahead?
Snap-on expected to show earnings growth for Q3 2024 amid strategic improvements.
Earnings estimate stable, indicating positive outlook despite slight revenue decline.
RCI process crucial for enhancing effectiveness and cost reductions at Snap-on.
Apple Just Paid Investors: Here's How Much They Received
Apple continues to reward shareholders with a consistent dividend amidst recent challenges, reaffirming its commitment to delivering value despite external pressures.
Ford reports another quarter of EV losses in the billions
Ford's Model e division continues to suffer losses while the overall business shows revenue growth, highlighting challenges in the EV market.
Despite a challenging EV landscape, Ford is focused on strategic advancements and cost reductions to improve profitability in the future.
Rivian takes revenue hit as supplier problem persists | TechCrunch
Rivian's third quarter revenue falls short due to component shortages, impacting production and resulting in increased adjusted earnings loss guidance.
Rivian faces ongoing production issues as it reduces annual guidance
Rivian has lowered its 2024 production target due to supply chain issues but maintains its delivery expectations for the year.
Geely earnings surge as annual sales near 2 million target
Geely Automobile Holdings Ltd. has reported significant revenue and profit increases due to robust electric vehicle sales, marking a strong growth trajectory for the company.
Ford reports another quarter of EV losses in the billions
Ford's Model e division continues to suffer losses while the overall business shows revenue growth, highlighting challenges in the EV market.
Despite a challenging EV landscape, Ford is focused on strategic advancements and cost reductions to improve profitability in the future.
Rivian takes revenue hit as supplier problem persists | TechCrunch
Rivian's third quarter revenue falls short due to component shortages, impacting production and resulting in increased adjusted earnings loss guidance.
Rivian faces ongoing production issues as it reduces annual guidance
Rivian has lowered its 2024 production target due to supply chain issues but maintains its delivery expectations for the year.
Geely earnings surge as annual sales near 2 million target
Geely Automobile Holdings Ltd. has reported significant revenue and profit increases due to robust electric vehicle sales, marking a strong growth trajectory for the company.
Google parent Alphabet beats quarterly revenue estimates
Alphabet exceeded Q3 revenue expectations due to growth in digital advertising and cloud services, with significant profit increase.
The Trade Desk (TTD) Q3 2024 Earnings Call Transcript | The Motley Fool
Trade Desk focuses on innovation and non-GAAP measures to demonstrate operational performance and navigate risks effectively.
Criteo trumpets Microsoft tie-up and further retail media opportunities as Q3 revenues slide
Criteo faces mixed financial results amid digital advertising challenges, with increased retail media revenue and careful expense management.
3 Must-Know Facts About Alphabet Before Buying the Stock | The Motley Fool
Alphabet has grown into one of the world's most valuable companies with a $2.2 trillion market cap, largely due to its dominance in digital advertising.
Google parent Alphabet beats quarterly revenue estimates
Alphabet exceeded Q3 revenue expectations due to growth in digital advertising and cloud services, with significant profit increase.
The Trade Desk (TTD) Q3 2024 Earnings Call Transcript | The Motley Fool
Trade Desk focuses on innovation and non-GAAP measures to demonstrate operational performance and navigate risks effectively.
Criteo trumpets Microsoft tie-up and further retail media opportunities as Q3 revenues slide
Criteo faces mixed financial results amid digital advertising challenges, with increased retail media revenue and careful expense management.
3 Must-Know Facts About Alphabet Before Buying the Stock | The Motley Fool
Alphabet has grown into one of the world's most valuable companies with a $2.2 trillion market cap, largely due to its dominance in digital advertising.
Amazon beats third-quarter earnings expectations on strong cloud growth
Amazon's third-quarter results exceeded estimates, driven by growth in cloud and advertising, reflecting resilient business operations amid sector challenges.
Snap Q3 Beats Street As Sales Rise, Losses Shrink & Snapchat Sees 443 Million Daily Active Users
Snapchat's Q3 revenue rose 15% to $1.37 billion, marking a significant recovery and beating Wall Street estimates.
Nike's new CEO is good news-but the CFO will need to help steer a turnaround
International Airlines Group reports a surge in earnings - London Business News | Londonlovesbusiness.com
IAG's Q3 2024 saw a 15.4% rise in operating profit, driven by strategic performance and cost efficiencies.
Liberty Reverse parent Onity touts higher profitability, solid servicing performance
Onity experienced strong Q3 earnings, achieving record pretax income and net income, primarily driven by their reverse mortgage servicing profitability.
Criteo S.A. Reports Record Q3 2024 Results - TipRanks.com
Criteo S.A. highlighted strong Q3 earnings with record gross profit and significant cash flow returning $180 million to shareholders despite a slight revenue dip.
Amazon beats third-quarter earnings expectations on strong cloud growth
Amazon's third-quarter results exceeded estimates, driven by growth in cloud and advertising, reflecting resilient business operations amid sector challenges.
Snap Q3 Beats Street As Sales Rise, Losses Shrink & Snapchat Sees 443 Million Daily Active Users
Snapchat's Q3 revenue rose 15% to $1.37 billion, marking a significant recovery and beating Wall Street estimates.
Nike's new CEO is good news-but the CFO will need to help steer a turnaround
International Airlines Group reports a surge in earnings - London Business News | Londonlovesbusiness.com
IAG's Q3 2024 saw a 15.4% rise in operating profit, driven by strategic performance and cost efficiencies.
Liberty Reverse parent Onity touts higher profitability, solid servicing performance
Onity experienced strong Q3 earnings, achieving record pretax income and net income, primarily driven by their reverse mortgage servicing profitability.
Criteo S.A. Reports Record Q3 2024 Results - TipRanks.com
Criteo S.A. highlighted strong Q3 earnings with record gross profit and significant cash flow returning $180 million to shareholders despite a slight revenue dip.
Guild posts $67M loss in Q3 even with moderate gain in origination volume
Despite a major quarterly loss, Guild Holdings remains optimistic due to growth in origination volumes and strategic investments.
How Pennymac is navigating the double-edged sword of lower rates
Declining interest rates benefited Pennymac's loan production but negatively impacted their servicing portfolio, resulting in a profit decline from the previous quarter.
UWM delivers highest volume in three years amid mini refi boom
UWM Holdings Corp. experienced its biggest production quarter in three years, driven by increasing refi volumes and strategic margin improvements.
Guild posts $67M loss in Q3 even with moderate gain in origination volume
Despite a major quarterly loss, Guild Holdings remains optimistic due to growth in origination volumes and strategic investments.
How Pennymac is navigating the double-edged sword of lower rates
Declining interest rates benefited Pennymac's loan production but negatively impacted their servicing portfolio, resulting in a profit decline from the previous quarter.
UWM delivers highest volume in three years amid mini refi boom
UWM Holdings Corp. experienced its biggest production quarter in three years, driven by increasing refi volumes and strategic margin improvements.
Boeing will delay its 777X plane and cut 10% of workforce as it deals with a strike and 737 Max issues
Boeing will reduce its workforce by 10% due to ongoing strikes and financial pressures.
4 ways Europe's Airbus is faring better than Boeing
Airbus reported strong quarterly profits while Boeing experienced significant losses, indicating better market performance and supply chain management.
Boeing will delay its 777X plane and cut 10% of workforce as it deals with a strike and 737 Max issues
Boeing will reduce its workforce by 10% due to ongoing strikes and financial pressures.
4 ways Europe's Airbus is faring better than Boeing
Airbus reported strong quarterly profits while Boeing experienced significant losses, indicating better market performance and supply chain management.
Dropbox Is Laying Off More Than 500 Employees | Entrepreneur
Dropbox is laying off 528 employees, representing 20% of its workforce, to become flatter and more efficient amid financial struggles.
2 Ultra-High Yielding Stocks Over 10% To Buy in November
Investors should focus on ultra-high-yield dividend stocks for consistent returns, despite the risks of chasing yield.
UBS outshines expectations with $1.4 billion in profit
UBS reported a stronger than expected net profit of $1.4 billion in Q3, a significant recovery from losses in 2022.
IQE CEO Americo Lemos departs, finance chief takes over
IQE's CEO Americo Lemos has left the company amidst market struggles and declining stock prices, highlighting industry challenges.
Ford Is America's Worst-Run Company
Ford Motor Co. consistently demonstrates poor management and strategic failures, leading to significant financial losses and a lack of clear direction.
Bank of America mortgage origination volume declines 7% in Q3
Bank of America experienced a decline in mortgage production despite falling interest rates, which benefited competitors like Wells Fargo and JPMorgan Chase.
Joker: Folie a Deux flops further in second week at US box office after lacklustre opening
'Joker: Folie a Deux' is suffering severe box office losses, notably an 81% drop in its second week, marking it as a historic failure.
Delta Air Lines spent $170 million on customer and crew-related costs in wake of CrowdStrike outage
Delta Air Lines faced a $380 million loss due to a CrowdStrike outage but still achieved profitability in the third quarter.
U.K. arm of M&M's and Snickers' parent grew profits by almost 100%
Mars Wrigley U.K. profits doubled in 2023, reflecting strategic investments and adaptations to evolving consumer preferences.
Shareholders to receive £600 million in dividends, marking a significant increase from last year.
This $9 billion hedge fund just joined the raid on big bank commodity index traders with a senior JPMorgan hire
Hedge funds are aggressively hiring commodity index managers despite current market downturns, reflecting the strategy's long-term success over the past five years.