Avram Glazer reveals if Manchester United is up for sale as debt crisis deepensThe Glazer family remains majority owners of Manchester United despite Jim Ratcliffe's significant stake.
Man Utd reveal true cost of Erik ten Hag sacking and Ruben Amorim hiringManchester United's managerial changes in 2024 cost £21 million, emphasizing financial repercussions due to instability.
Manchester United paid Dan Ashworth 4.1m to leave after five monthsManchester United paid £4.1 million to Dan Ashworth after his brief tenure as sporting director, amid disappointing recruitment.
Man Utd at risk of PSR breach, club tell fansManchester United may breach financial rules, prompting potential ticket price increases as a response to significant financial losses.
Avram Glazer reveals if Manchester United is up for sale as debt crisis deepensThe Glazer family remains majority owners of Manchester United despite Jim Ratcliffe's significant stake.
Man Utd reveal true cost of Erik ten Hag sacking and Ruben Amorim hiringManchester United's managerial changes in 2024 cost £21 million, emphasizing financial repercussions due to instability.
Manchester United paid Dan Ashworth 4.1m to leave after five monthsManchester United paid £4.1 million to Dan Ashworth after his brief tenure as sporting director, amid disappointing recruitment.
Man Utd at risk of PSR breach, club tell fansManchester United may breach financial rules, prompting potential ticket price increases as a response to significant financial losses.
JPMorgan Chase, Wells Fargo and Goldman Sachs Report Big ProfitsMajor banks reported stronger than expected earnings, indicating optimism for economic growth post-inauguration.Financial institutions see a boost in wealth management and corporate financing opportunities.
Lloyds profits shrink by a fifth as car finance saga drives up provisionsLloyds Banking Group saw a 20% drop in pre-tax profits for 2024 due to rising costs and charges linked to a motor finance scandal.
Shimano's sales are down again: Another post-pandemic slump or signs of a bigger issue?Shimano's bicycle component sales fell 12%, but they remain optimistic about the global economic recovery.Despite decreased sales, long-term trends show stabilization and modest growth post-pandemic.
JPMorgan Chase, Wells Fargo and Goldman Sachs Report Big ProfitsMajor banks reported stronger than expected earnings, indicating optimism for economic growth post-inauguration.Financial institutions see a boost in wealth management and corporate financing opportunities.
Lloyds profits shrink by a fifth as car finance saga drives up provisionsLloyds Banking Group saw a 20% drop in pre-tax profits for 2024 due to rising costs and charges linked to a motor finance scandal.
Shimano's sales are down again: Another post-pandemic slump or signs of a bigger issue?Shimano's bicycle component sales fell 12%, but they remain optimistic about the global economic recovery.Despite decreased sales, long-term trends show stabilization and modest growth post-pandemic.
HSBC unveils cost cuts in drive to create a 'simple, more agile, focused bank'HSBC aims to save $300 million this year, part of a broader plan to reduce costs by $1.5 billion by 2026.
French nuclear giant Orano triples profitsOrano's net profits significantly increased to €633 million in 2024 despite challenges in Niger.
Google's moneymaking machine still pumping out massive profits despite multiple threatsGoogle continues to thrive amidst AI advancements and regulatory challenges, showing strong profits that outpace analyst expectations.
Alphabet results strong but sullied by growth slowdownAlphabet's net income exceeded $100 billion for the first time, driven by strong revenue growth in AI and Google Services.
Google's rising holiday's season ad sales aren't enough to ease worries about AI letdownGoogle's digital ad sales increased during the holiday season, but concerns remain about the profitability of its AI investments.
Google's moneymaking machine still pumping out massive profits despite multiple threatsGoogle's prosperity continues amid investment in AI and legal challenges, demonstrating resilience and innovation despite regulatory scrutiny.
Reddit Blames Google Algorithm Changes For Not Hitting User GrowthReddit's shares fell due to lower-than-expected user growth linked to Google search algorithm changes.
Google's moneymaking machine still pumping out massive profits despite multiple threatsGoogle continues to thrive amidst AI advancements and regulatory challenges, showing strong profits that outpace analyst expectations.
Alphabet results strong but sullied by growth slowdownAlphabet's net income exceeded $100 billion for the first time, driven by strong revenue growth in AI and Google Services.
Google's rising holiday's season ad sales aren't enough to ease worries about AI letdownGoogle's digital ad sales increased during the holiday season, but concerns remain about the profitability of its AI investments.
Google's moneymaking machine still pumping out massive profits despite multiple threatsGoogle's prosperity continues amid investment in AI and legal challenges, demonstrating resilience and innovation despite regulatory scrutiny.
Reddit Blames Google Algorithm Changes For Not Hitting User GrowthReddit's shares fell due to lower-than-expected user growth linked to Google search algorithm changes.
Microsoft's Quarterly Revenue Is Up 16% to $65.6 BillionMicrosoft's Q1 financial results surpassed expectations, driven by strong sales and profit growth, despite increased spending on artificial intelligence.
Microsoft Continues A.I. Spending Growth as Profit Grows 10%Microsoft's spending on AI and cloud infrastructure remains high, with a focus on meeting increasing customer demand.
Meta Earnings: Raising Fair Value on Generative AI, Growth RunwayMeta's Q4 sales surged 21% to $46.8 billion, driven by AI investments improving ad monetization and record operating margins.
Meta warns of 'significant acceleration' in costs tied to AI after strong Q3Meta's strong Q3 results are overshadowed by concerns over rising AI infrastructure expenses and its impact on ad revenue.
Meta posts sharply higher Q4 profit, revenue, topping Wall Street's expectationsMeta Platforms Inc. reported a significant increase in profit and revenue, driven by ad revenue growth, despite forecasting higher expenses on AI initiatives.
The Two Reasons Alphabet Stock Is Sinking After EarningsAlphabet's Q4 results showed mixed performance with significant revenue growth but unexpected capital expenditure plans.
Microsoft's Quarterly Revenue Is Up 16% to $65.6 BillionMicrosoft's Q1 financial results surpassed expectations, driven by strong sales and profit growth, despite increased spending on artificial intelligence.
Microsoft Continues A.I. Spending Growth as Profit Grows 10%Microsoft's spending on AI and cloud infrastructure remains high, with a focus on meeting increasing customer demand.
Meta Earnings: Raising Fair Value on Generative AI, Growth RunwayMeta's Q4 sales surged 21% to $46.8 billion, driven by AI investments improving ad monetization and record operating margins.
Meta warns of 'significant acceleration' in costs tied to AI after strong Q3Meta's strong Q3 results are overshadowed by concerns over rising AI infrastructure expenses and its impact on ad revenue.
Meta posts sharply higher Q4 profit, revenue, topping Wall Street's expectationsMeta Platforms Inc. reported a significant increase in profit and revenue, driven by ad revenue growth, despite forecasting higher expenses on AI initiatives.
The Two Reasons Alphabet Stock Is Sinking After EarningsAlphabet's Q4 results showed mixed performance with significant revenue growth but unexpected capital expenditure plans.
Iveco Group results 2024 released. Revenues at 15bn (-4%) with Adjusted EBIT increasingIveco Group's revenues declined in 2024, but EBIT margins improved, reflecting positive pricing amidst lower volumes and a focus on defense business separation.
Digital Turbine Reports Fiscal 2025 Third Quarter Financial ResultsDigital Turbine reported a GAAP net loss of $23.1 million while achieving non-GAAP adjusted EBITDA of $22.0 million for the fiscal third quarter of 2025.
Snap shares soar on better-than-expected profit and revenueSnap reported better-than-expected fourth-quarter results, with shares rising post-announcement, despite cautious revenue projections for the first quarter.
Digital Turbine Reports Fiscal 2025 Third Quarter Financial ResultsDigital Turbine reported a GAAP net loss of $23.1 million while achieving non-GAAP adjusted EBITDA of $22.0 million for the fiscal third quarter of 2025.
Snap shares soar on better-than-expected profit and revenueSnap reported better-than-expected fourth-quarter results, with shares rising post-announcement, despite cautious revenue projections for the first quarter.
Nvidia again topped Apple to become Wall Street's most valuable company. How it got there-by the numbersNvidia's demand for AI semiconductors has led to dramatic revenue growth and a top market valuation, reinforcing its dominance in the tech sector.
Forget the metaverse, AI is the money-spinner at Meta: Reality Labs lost $4.4 billion this quarter, but Mark Zuckerberg's razor sharp AI focus is delivering results - and there's more to come with Llama 4 on the horizonMeta's Q3 financial results showed strong revenue growth, driven significantly by advancements in AI technology.
Baidu's 3rd-quarter revenue falls 3% as economic woes hit ad spendingBaidu's revenue decline highlights the impact of a weak economy on online advertising despite advancements in AI technology.
Alphabet to report Q4 earnings after the bell TuesdayAlphabet's Q4 results are closely watched amid AI advancements and cost-cutting measures.
Microsoft promises more AI spending despite cloud cost stumbleMicrosoft's revenue and earnings grew, but cloud segment costs raised investor concerns despite strong AI performance.
Alphabet Q3 Earnings Highlights: Revenue Beat, EPS Beat, Google Cloud Up 35%, 'Momentum Across The Company Is Extraordinary' - Alphabet (NASDAQ:GOOG), Alphabet (NASDAQ:GOOGL)Alphabet's third-quarter revenue reached $88.27 billion, up 15% YoY, exceeding Wall Street estimates and demonstrating strong growth in AI and advertising.
Nvidia again topped Apple to become Wall Street's most valuable company. How it got there-by the numbersNvidia's demand for AI semiconductors has led to dramatic revenue growth and a top market valuation, reinforcing its dominance in the tech sector.
Forget the metaverse, AI is the money-spinner at Meta: Reality Labs lost $4.4 billion this quarter, but Mark Zuckerberg's razor sharp AI focus is delivering results - and there's more to come with Llama 4 on the horizonMeta's Q3 financial results showed strong revenue growth, driven significantly by advancements in AI technology.
Baidu's 3rd-quarter revenue falls 3% as economic woes hit ad spendingBaidu's revenue decline highlights the impact of a weak economy on online advertising despite advancements in AI technology.
Alphabet to report Q4 earnings after the bell TuesdayAlphabet's Q4 results are closely watched amid AI advancements and cost-cutting measures.
Microsoft promises more AI spending despite cloud cost stumbleMicrosoft's revenue and earnings grew, but cloud segment costs raised investor concerns despite strong AI performance.
Alphabet Q3 Earnings Highlights: Revenue Beat, EPS Beat, Google Cloud Up 35%, 'Momentum Across The Company Is Extraordinary' - Alphabet (NASDAQ:GOOG), Alphabet (NASDAQ:GOOGL)Alphabet's third-quarter revenue reached $88.27 billion, up 15% YoY, exceeding Wall Street estimates and demonstrating strong growth in AI and advertising.
Spotify finally turned a profit for a full yearSpotify achieved its first full year of profitability in 2024 with net profits of €1.14 billion, driven by subscriber growth.
General Motors' EVs Are Finally Earning More Than It Takes To Build ThemGeneral Motors is now profitable on its electric vehicle lineup, marking a significant milestone in the transition to EV production.
BrewDog reveals losses doubled to 59m in final year under co-founderBrewDog's new CEO aims to return the company to profitability following significant losses and delayed financial results under the previous leadership.
Spotify finally turned a profit for a full yearSpotify achieved its first full year of profitability in 2024 with net profits of €1.14 billion, driven by subscriber growth.
General Motors' EVs Are Finally Earning More Than It Takes To Build ThemGeneral Motors is now profitable on its electric vehicle lineup, marking a significant milestone in the transition to EV production.
BrewDog reveals losses doubled to 59m in final year under co-founderBrewDog's new CEO aims to return the company to profitability following significant losses and delayed financial results under the previous leadership.
Switch sales stall ahead of Switch 2, but a major milestone is within reachNintendo's Switch sales are declining as the console nears the end of its lifecycle, prompting the announcement of Switch 2.
Comcast shares plunge as 'Wicked' success offset by big subscriber lossesComcast's fourth quarter saw significant broadband subscriber losses, particularly due to competition from telecom firms and disruptive weather events.
Comcast Issues Q4 Earnings Report; Lost 139,000 Broadband CustomersComcast reports record financial performance with significant increases in revenue, EBITDA, EPS, and free cash flow.
Comcast shares plunge as 'Wicked' success offset by big subscriber lossesComcast's fourth quarter saw significant broadband subscriber losses, particularly due to competition from telecom firms and disruptive weather events.
Comcast Issues Q4 Earnings Report; Lost 139,000 Broadband CustomersComcast reports record financial performance with significant increases in revenue, EBITDA, EPS, and free cash flow.
Tesla misses earnings marks, Musk deflects with wild claimsTesla faced significant financial setbacks in Q4 2024, but Elon Musk's claims of future success buoyed stock prices.
Prediction: This Magnificent 7 Stock Will Outperform the Rest of 2024Nvidia's strong earnings illustrate its market dominance, but external factors have tempered stock performance.The AI chip market's growth potential makes Nvidia a compelling long-term investment.
Uber drops after its bookings results and forecast fail to impressUber's mixed Q3 results led to a significant stock drop, with gross bookings slightly below expectations and a cautious outlook for Q4.
AbbVie (ABBV) Earnings Live: Why The Stock Is Up Big TodayAbbVie's fourth-quarter earnings exceeded expectations, driven by strong sales of Skyrizi and Rinvoq.
ASML in the crosshairs of American investors after share price dropASML faces legal claims from U.S. investors for allegedly misleading information prior to disappointing quarterly results, leading to a 16% drop in share price.
Twilio Is Up 21% But Could Still Climb Another 16% According to Wall Street ExpertTwilio shares surged 21% after reporting strong preliminary Q4 results, leading analysts to upgrade their ratings and price targets.
Tesla misses earnings marks, Musk deflects with wild claimsTesla faced significant financial setbacks in Q4 2024, but Elon Musk's claims of future success buoyed stock prices.
Prediction: This Magnificent 7 Stock Will Outperform the Rest of 2024Nvidia's strong earnings illustrate its market dominance, but external factors have tempered stock performance.The AI chip market's growth potential makes Nvidia a compelling long-term investment.
Uber drops after its bookings results and forecast fail to impressUber's mixed Q3 results led to a significant stock drop, with gross bookings slightly below expectations and a cautious outlook for Q4.
AbbVie (ABBV) Earnings Live: Why The Stock Is Up Big TodayAbbVie's fourth-quarter earnings exceeded expectations, driven by strong sales of Skyrizi and Rinvoq.
ASML in the crosshairs of American investors after share price dropASML faces legal claims from U.S. investors for allegedly misleading information prior to disappointing quarterly results, leading to a 16% drop in share price.
Twilio Is Up 21% But Could Still Climb Another 16% According to Wall Street ExpertTwilio shares surged 21% after reporting strong preliminary Q4 results, leading analysts to upgrade their ratings and price targets.
BT fiber rollout passes 17M homes, altnet challenge growsBT Group achieved a record build rate of over a million premises with fiber connectivity in Q3 2025 despite a revenue decline.
Tesla's 2024 financial results are out-and they're terribleTesla's financial results for 2024 highlight a challenging year, marked by significant drops in automotive revenues and net profits despite some growth in energy sectors.
Here's Why Snap Stock Soared Today | The Motley FoolSnap's revenue increased and losses decreased in Q3, signaling financial improvement despite still facing challenges in advertising demand.
Tesla's 2024 financial results are out-and they're terribleTesla's financial results for 2024 highlight a challenging year, marked by significant drops in automotive revenues and net profits despite some growth in energy sectors.
Here's Why Snap Stock Soared Today | The Motley FoolSnap's revenue increased and losses decreased in Q3, signaling financial improvement despite still facing challenges in advertising demand.
Starbucks Reports Weak Earnings as It Tries to Woo Back CustomersStarbucks aims to reduce coffee wait times to four minutes as a key strategy to address declining sales and customer satisfaction.
Boeing warns of more financial charges due to StarlinerBoeing's CST-100 Starliner is causing significant financial setbacks for the company, contributing to a $1.7 billion pre-tax earnings charge.
Adidas sales surge 24% in preliminary Q4 resultsAdidas experienced a 24% sales growth in Q4 2024, signaling a recovery after previous lows.
Netflix raises prices yet again after Squid Game 2 successNetflix achieved 301 million paid memberships, its largest growth ever, but will raise prices across several plans.
Shares in fashion giant behind Zara and Massimo Dutti plunge as it reports disappointing sales growthInditex's sales growth was 9% in five weeks to December 9, missing analyst expectations, resulting in a 7% drop in shares.
Mr Kipling owner saw a 'strong Christmas' driven be mince pie sales - London Business News | Londonlovesbusiness.comPremier Foods reported strong Christmas sales driven by mince pie sales, indicating robust performance amidst inflation.
Shares in fashion giant behind Zara and Massimo Dutti plunge as it reports disappointing sales growthInditex's sales growth was 9% in five weeks to December 9, missing analyst expectations, resulting in a 7% drop in shares.
Mr Kipling owner saw a 'strong Christmas' driven be mince pie sales - London Business News | Londonlovesbusiness.comPremier Foods reported strong Christmas sales driven by mince pie sales, indicating robust performance amidst inflation.
UnitedHealth's Revenues Rise, in First Earnings Report Since CEO's KillingUnitedHealth Group experienced lower-than-expected earnings, facing challenges amidst rising medical costs and public scrutiny following the murder of its chief executive.
BP to cut 4,700 jobs and 3,000 contractor roles to help save 1.6bnBP is cutting 5% of its workforce to save at least $2 billion by 2026 and address shareholder concerns.
British oil giant BP profits slump amid decline in oil refining marginsBP reported a significant drop in net profit due to weak oil trading and refining margins, indicating challenges amid falling oil prices.
BP to cut 4,700 jobs and 3,000 contractor roles to help save 1.6bnBP is cutting 5% of its workforce to save at least $2 billion by 2026 and address shareholder concerns.
British oil giant BP profits slump amid decline in oil refining marginsBP reported a significant drop in net profit due to weak oil trading and refining margins, indicating challenges amid falling oil prices.
Macy's says employee hid up to $154 million in expenses, delays Q3 earningsMacy's reported weaker-than-expected sales due to hidden expenses and delays in full quarterly results.
Macy's increases its list of doomed locations to 65 stores by the end of January 2025Macy's is closing 65 underperforming locations as part of a strategy to enhance profitability.The retailer reported a slight overall decline in net sales despite some growth in specific categories.
Macy's says employee hid up to $154 million in expenses, delays Q3 earningsMacy's reported weaker-than-expected sales due to hidden expenses and delays in full quarterly results.
Macy's increases its list of doomed locations to 65 stores by the end of January 2025Macy's is closing 65 underperforming locations as part of a strategy to enhance profitability.The retailer reported a slight overall decline in net sales despite some growth in specific categories.
Dr Martens reports 28.7 million loss - London Business News | Londonlovesbusiness.comDr Martens experienced an 18% revenue drop yet showed confidence in future recovery through product innovation and marketing.
Disney stock price takes off today with a big boost from R-rated 'Deadpool & Wolverine' and animated 'Inside Out 2'Disney's Q4 2024 earnings surpassed expectations driven by strong revenue from its entertainment segment.Blockbuster films like Deadpool & Wolverine and Inside Out 2 significantly contributed to Disney's Q4 financial success.
Spirit Airlines says it won't release its quarterly earnings because the company is knee-deep in debt restructuring talksSpirit Airlines is prioritizing debt restructuring talks with bondholders over financial disclosures, indicating significant operational challenges amid ongoing financial losses.
Tencent reports profit beat on games growth, touts AI benefitsTencent exceeded profit expectations in Q3 2023, driven by strong performance in gaming, advertising, and cloud services.
Move Over Nvidia and Palantir, This AI Juggernaut Is Up 628% Year to Date. Can the Stock's Momentum Continue? | The Motley FoolAppLovin emerged as the leading AI stock performer in 2024, driven by the successful launch of Axon 2 and remarkable revenue growth.
Perion Network (PERI) Q3 2024 Earnings Call Transcript | The Motley FoolPerion experienced significant revenue growth in Q3 2024, driven by technology investments and an expanding customer base.
Unity exceeds profit expectations despite revenue slideUnity reported a 2% revenue decline yet exceeded profit expectations in Q3 2024, emphasizing optimistic changes and strong market presence.
Wendy's is closing 140 'outdated' restaurants in 2024, but there's a silver lining for fans of the fast food chainWendy's will close around 140 stores by year-end 2024 due to underperformance and outdated conditions.
Perion Network (PERI) Q3 2024 Earnings Call Transcript | The Motley FoolPerion experienced significant revenue growth in Q3 2024, driven by technology investments and an expanding customer base.
Unity exceeds profit expectations despite revenue slideUnity reported a 2% revenue decline yet exceeded profit expectations in Q3 2024, emphasizing optimistic changes and strong market presence.
Wendy's is closing 140 'outdated' restaurants in 2024, but there's a silver lining for fans of the fast food chainWendy's will close around 140 stores by year-end 2024 due to underperformance and outdated conditions.
Ford's Shares Dragged Down by Stellantis WarningGlobal automakers Stellantis and Ford are facing severe financial challenges due to competition and costs, particularly with the rise of Chinese EV manufacturers.
Rivian Is Still Paying For A Big MistakeRivian faced significant challenges in Q3 due to component shortages affecting production and revenue, but shows signs of recovery with increased Gen2 production.
Ford's Shares Dragged Down by Stellantis WarningGlobal automakers Stellantis and Ford are facing severe financial challenges due to competition and costs, particularly with the rise of Chinese EV manufacturers.
Rivian Is Still Paying For A Big MistakeRivian faced significant challenges in Q3 due to component shortages affecting production and revenue, but shows signs of recovery with increased Gen2 production.
Sony has sold 65 million PS5sSony sold 65.5 million PlayStation 5s by Q2 2024, with a 73% rise in profits driven by high game sales.The console market shows resilience through significant game title success despite declining hardware sales.
5G and fibre shine, but revs and profits fall in BT half-year results | Computer WeeklyBT reported disappointing half-year results despite strong FTTP growth, highlighting challenges in other divisions that impact overall profitability.
Qualcomm announces fiscal Q4 and 2024 report with rising revenue and profitsQualcomm's Q4 2024 results show strong revenue growth, with net income nearly doubling and significant dividends and share buybacks.
CRH sees 'favourable dynamics' in key markets as it reaffirms guidanceCRH expects to deliver a net income between $3.78bn and $3.85bn this year, driven by effective strategies and strong performance in revenues.
DoubleVerify (DV) Q3 2024 Earnings Call Transcript | The Motley FoolDoubleVerify achieved record global market share wins in Q3 2024, signaling strong growth and momentum in its core business.
Foot Locker's insurance costs soared in year of Dublin riotsFoot Locker reduced pre-tax losses while facing increased insurance costs, demonstrating financial resilience amidst challenges.
Meta Earnings: Strong Q3 and Promising AI DevelopmentsMeta's Q3 financial results show strong revenue growth driven by advertising and generative AI investments.
Meta rides AI boom to stellar quarterly earnings, but slightly less than expectedMeta reported strong financial results with a 19% sales increase, driven by AI advancements, but user growth fell slightly short of expectations.
Meta Earnings: Strong Q3 and Promising AI DevelopmentsMeta's Q3 financial results show strong revenue growth driven by advertising and generative AI investments.
Meta rides AI boom to stellar quarterly earnings, but slightly less than expectedMeta reported strong financial results with a 19% sales increase, driven by AI advancements, but user growth fell slightly short of expectations.
Microsoft reports stronger-than-expected earnings as it ramps up capital spendingMicrosoft's Q1 profits surpassed expectations, driven by cloud computing growth and significant investments in AI and data centers.
Amazon's $110 billion cloud business is sporting record profits even amid the expensive the Gen AI arms raceAmazon's cloud computing segment, AWS, significantly drove quarterly revenue growth beyond analyst projections, bolstering its stock performance.
Microsoft reports stronger-than-expected earnings as it ramps up capital spendingMicrosoft's Q1 profits surpassed expectations, driven by cloud computing growth and significant investments in AI and data centers.
Amazon's $110 billion cloud business is sporting record profits even amid the expensive the Gen AI arms raceAmazon's cloud computing segment, AWS, significantly drove quarterly revenue growth beyond analyst projections, bolstering its stock performance.
Microsoft reports better-than-expected results; AI products show record growthMicrosoft's Q2 revenue reached $65.6 billion, outperforming expectations, largely driven by investments in AI and significant growth in its Azure cloud services.
Samsung revenues improved in Q3, phone sales up 2%Samsung's DS division significantly boosted overall financial results, marking a strong recovery in memory and foundry sectors.
Samsung revenues improved in Q3 despite underwhelming phone salesSamsung's financial results showed yearly growth in sales and profits, primarily driven by the DS division's strong performance despite challenges in the mobile sector.
Samsung revenues improved in Q3, phone sales up 2%Samsung's DS division significantly boosted overall financial results, marking a strong recovery in memory and foundry sectors.
Samsung revenues improved in Q3 despite underwhelming phone salesSamsung's financial results showed yearly growth in sales and profits, primarily driven by the DS division's strong performance despite challenges in the mobile sector.
Shell blames lower oil prices, weaker margins and 'accounting mismatch' for slump in third-quarter profitsShell's Q3 net profit fell to $4.3 billion due to lower oil prices and weaker refining margins, despite increased gas sales.
Brewers AB InBev and Carlsberg reveal drop in sales volumesAB InBev saw a decline in beer sales but an increase in revenue due to premiumization and price inflation.
Meta's third-quarter profit surges 35% reflecting strong ad revenue and its AI pushMeta reported stronger-than-expected Q3 results driven by advertising revenue and AI initiatives, but anticipates higher infrastructure costs in 2024.
YouTube Reports Impressive $8.92 Billion in Q3 Advertising RevenueYouTube generated $8.92 billion in ad revenue in Q3 2024, reflecting significant growth and surpassing analyst expectations.
Meta's third-quarter profit surges 35% reflecting strong ad revenue and its AI pushMeta reported stronger-than-expected Q3 results driven by advertising revenue and AI initiatives, but anticipates higher infrastructure costs in 2024.
YouTube Reports Impressive $8.92 Billion in Q3 Advertising RevenueYouTube generated $8.92 billion in ad revenue in Q3 2024, reflecting significant growth and surpassing analyst expectations.
Google parent Alphabet Q3 earnings deliver double-digit revenue growthAlphabet exceeded revenue expectations in Q3, fueled by core business growth, particularly in Search and Cloud.CEO emphasizes impact of AI investment on driving revenue and customer engagement.
Philip Morris Has 4% YieldPhilip Morris International's diversification strategy and strong financial performance have led to significant stock gains and an increase in dividend pay-out.
TSMC posts forecast-beating profit amid soaring demand for AI chipsTSMC's record $10.1bn Q3 profit underscores rising global demand for AI chips.
Dutch chip giant blames 'technical error' as accidental earnings release tanks tech sector: 'Very unfortunate'ASML's accidental early earnings release caused a significant market slump, impacting multiple semiconductor stocks with a bleak outlook for the industry.
Samsung apologizes for bad financial performanceSamsung Electronics apologized for missing market expectations, vowing to enhance competitiveness through long-term strategies and renewed innovation efforts.
Raspberry Pi shares surge after strong first update since flotationRaspberry Pi's first financial results post-IPO show significant growth and strong demand for its products despite ongoing supply chain challenges.
Poor weather causes Fever-tree sales to go flat - London Business News | Londonlovesbusiness.comFever-tree faces challenges but expects modest revenue growth of 4-5% due to market conditions and past difficulties.
John Lewis Partnership halves losses; OpenAI's valuation set to hit $150bn' business liveJohn Lewis Partnership expects significant profit growth this financial year after reporting reduced losses in the first half.
Zara parent Inditex sees retail profits surge to 2.8 billion as its new collection lures more shoppersInditex achieved a record net profit of €2.8 billion in the first half of the year despite slower sales growth of 7.2%.