Latest in 0.1 Third Quarter
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Google's cloud outpaces rivals in third quarter as AI battle heats up
One takeaway from tech earnings reports this week is that Google's cloud business is gaining momentum.Business - CNBC - November 2 -
AMC’s third-quarter results on deck amid signs of a cinema-industry rebound
AMC Entertainment Holdings Inc. will report third-quarter results after market close Wednesday amid signs that the cinema industry is bouncing back from the devastation wrought by the COVID-19 ...Business - MarketWatch - November 5 -
Burger King parent Restaurant Brands falls short of third-quarter expectations
Net sales climbed 24.7%, largely thanks to the company's acquisitions of its largest U.S. Burger King franchisee and its Popeyes business in China.Business - CNBC - November 5 -
Trump Media & Technology Posts Third-Quarter Loss Ahead of Election Outcome
Chief Executive Devin Nunes said the company continues to explore additional possibilities for growth such as potential mergers and acquisitions, including in the realm of fintech.Business - The Wall Street Journal - November 5 -
Gilead’s third-quarter earnings beat by a wide margin, and biotech raises guidance
Gilead Sciences Inc.’s stock rose 2.7% in after-hours trading Wednesday, after the biotech blew past third-quarter earnings estimates and raised its guidance, boosted by demand for its HIV and ...Business - MarketWatch - November 7 -
Phunware narrows quarterly loss amid revenue decline, and stock sinks further
Phunware Inc. reported a narrowed loss in the mobile-advertising company’s third-quarter results after market close Thursday, although net revenue declined sharply from the same period last year.Business - MarketWatch - November 8 -
Pinterest Stock Falls Despite Rise in Third-Quarter Profit, Revenue
The social-media platform’s revenue jumped 18% year over year, slightly above Wall Street’s forecast.Business - The Wall Street Journal - November 7 -
Airbnb Posts Higher Third-Quarter Revenue as Travel Demand Accelerates
The short-term rental company posted higher revenue in the third quarter as North American travel trends improved.Business - The Wall Street Journal - November 7 -
Yeti Shares Climb on Jump in Third-Quarter Cooler, Drinkware Sales
The maker of coolers and insulated drinkware expects to hit the high end of its earnings guidance for the year after posting a bigger profit and higher-than-estimated sales in the third quarter.Business - The Wall Street Journal - November 7 -
Japan GDP expands by 0.3% in third quarter, snapping two quarters of year-on-year declines
GDP rose 0.2% on a quarter-on-quarter basis, while also expanding 0.9% on an annualized basis.Business - CNBC - 14 hours ago -
Morgan Stanley shares pop 7% after beating estimates for third-quarter profit and revenue
Morgan Stanley has several tail winds in its favor, from high stock values to a rebound in investment banking and strong trading activity.Business - CNBC - October 16 -
Nvidia and Apple supplier TSMC shares pop after quarterly profit soars on AI demand
TSMC, the world’s largest producer of advanced chips, posted a 54% hike in third-quarter profit.Business - CNBC - October 18 -
Netflix third-quarter subscribers barely beat estimates as ad-tier members jump 35%
Netflix's ad-tier memberships jumped 35%. The company is on track to launch the service in Canada in the coming quarter and more broadly in 2025.Business - CNBC - October 17 -
Intuitive Surgical’s stock rises after third-quarter results beat on jump in robotic surgeries
Shares of Intuitive Surgical Inc. jumped after hours on Thursday after the company reported third-quarter results that beat Wall Street’s expectations, helped by wider adoption of its ...Business - MarketWatch - October 17 -
China reports 4.6% growth in third quarter as government tries to boost struggling economy
China’s National Bureau of Statistics on Friday reported third-quarter GDP growth of 4.6% year on year, slightly beating expectations.Top stories - NBC News - October 18 -
No. 19 Missouri QB Brady Cook injures ankle, returns to lead Tigers on 95-yard game-winning drive vs. Auburn
Missouri went on a 17-play, 95-yard drive to score the go-ahead TD with 46 seconds to go.Sports - Yahoo Sports - October 19 -
World’s largest sovereign wealth fund posts $76 billion in quarterly profit as interest rates fall
Norway's gigantic sovereign wealth fund on Tuesday reported third-quarter profit of 835 billion Norwegian kroner ($76.3 billion).Business - CNBC - October 22 -
GM stock has best day since 2020 after automaker tops Wall Street's third-quarter expectations, raises guidance
GM's quarterly report comes just two weeks after an investor day in which the company indicated its earnings strength is expected to continue into next year.Business - CNBC - October 22 -
Deutsche Bank shares fall on doubling of third-quarter loan losses but profits rise
Deutsche Bank’s pre-tax profits were lifted by a reduction in the provisions it has set aside to settle litigation related to its Postbank acquisitionBusiness - MarketWatch - October 23 -
American Airlines lifts 2024 profit forecast after sales strategy shift, posts third-quarter loss
American Airlines raised its profit forecast for the year as CEO Robert Isom said the company's sales strategy shift earlier this year is paying off.Business - CNBC - October 24