Latest in 65.6 Billion Quarterly
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Microsoft Earnings Show Quarterly Revenue Is Up 16% to $65.6 Billion
The company’s profit increased 11 percent to $24.7 billion, beating Wall Street’s expectations and its own predictions.Tech - The New York Times - 4 hours ago -
Microsoft reports quarterly sales up 16% to $65.6 billion as investors ask if AI spending worth it
Microsoft on Wednesday reported its quarterly sales grew 16% to $65.6 billion as the company sought to assure investors its huge spending on artificial intelligence is paying offTech - ABC News - 1 hour ago -
Boeing workers to vote on ending strike as company reports billions in quarterly losses
Striking Boeing workers are set to vote on a new contract offer Wednesday after the company announced a $6 billion loss in its third-quarter earnings. CBS News senior transportation correspondent ...Top stories - CBS News - October 23 -
Boeing Awaits Strikers’ Vote, Reports $6 Billion Quarterly Loss
The 30,000 union workers who walked off the job six weeks ago vote on a new contract proposal as the plane maker keeps reeling from a brutal year.Business - Inc. - October 23 -
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 -
New Boeing CEO sets sights on 'leaner' future as quarterly loss tops $6 billion
Boeing had released preliminary results earlier this month showing a big loss and $5 billion in charges across its defense and commercial units.Business - CNBC - October 23 -
Boeing reveals $6 billion quarterly loss ahead of key vote by striking machinists
Boeing Co.’s third-quarter earnings showed better-than-expected revenue despite the impact of a strike by machinists, but the company’s loss was wider than expected.Business - MarketWatch - October 23 -
Hermès defies luxury gloom with strong sales
Paris house posts solid growth in contrast to rivals Kering and LVMHBusiness - Financial Times - 6 days ago -
McDonald’s suffers second straight decline in quarterly sales
US fast-food chain hit by weakness in international markets as it promotes more discount mealsBusiness - Financial Times - Yesterday -
BYD quarterly sales beat Tesla for first time
Warren Buffett-backed Chinese carmaker’s revenues surge 24 per cent but fierce competition slims marginsBusiness - Financial Times - 14 hours ago -
Microsoft dips on weak guidance after beating on earnings
Microsoft reported better-than-expected results for the fiscal first quarter as Azure topped estimates. But quarterly growth guidance was light.Business - CNBC - 4 hours ago -
LVMH shares down 7% after warning of ‘uncertain’ outlook
World’s largest luxury group hit by pullback in Chinese consumer spendingBusiness - Financial Times - October 16 -
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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 -
Boeing is about to show a big quarterly loss as investors wait for the strike to end
If union members agree to end the strike “the supply chain, investors, and Boeing will share a collective sigh of relief.”Business - MarketWatch - October 23 -
Tariff surge would damage global growth, IMF warns
In a forecast two weeks before US election the fund says greater protectionism would drag down world economyBusiness - Financial Times - October 22 -
Starbucks Shares Drop After Dismal Preliminary Quarterly Earnings
“We need to fundamentally change our strategy,” the coffee giant’s new chief executive said.Business - The New York Times - October 23 -
Nvidia supplier SK Hynix posts record quarterly profit as AI boom drives demand
Revenue for the third quarter grew about 94% year-on-year.Business - CNBC - 6 days ago -
Hoka shoes are so popular, their maker just crushed quarterly estimates
Deckers Outdoor also guided for a 12% sales increase for fiscal 2025.Business - MarketWatch - 6 days ago -
NatWest Lifts Guidance Again After Quarterly Profit Beat
The U.K. high-street bank raised its revenue and profit outlook for the second time this year after its third-quarter results topped market expectations, lifting shares to an over 13-year high.Business - The Wall Street Journal - 5 days ago -
BP reports lowest quarterly profit since pandemic on weak oil prices
Energy group pledges to review share buyback plan in February after latest $1.75bn repurchaseBusiness - Financial Times - Yesterday -
Roku’s stock sinks after streaming company posts another quarterly loss
Roku Inc.’s stock fell in after-hours trade Wednesday, after the streaming platform posted another quarterly loss and flat average revenue per user.Business - MarketWatch - 3 hours ago -
Deutsche Bank shares shed 3% as lender's swing back to profit fails to impress
The partial release of 440 million euros of litigation provisions in the third quarter helped boost profit, Deutsche Bank said.Business - CNBC - October 23 -
BP shares fall to lowest since 2022 after sharp drop in the oil major's third-quarter profit
British oil major BP on Tuesday reported its weakest quarterly earnings in nearly four years, weighed down by a slump in crude prices.Business - CNBC - Yesterday -
Debt rule to change to fund major projects
Government claims the move contrasts with former PM Liz Truss's controversial mini-Budget.Top stories - BBC News - October 18 -
Billions of levelling-up cash in limbo
Towns and cities call on the Labour government to deliver the funds promised for vital regeneration.Top stories - BBC News - 3 days ago -
Mass deportation could cost billions
Bankrolling mass deportation would be costly. It would also require a lot more manpower.Top stories - CBS News - 3 days ago