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Latest in Airbnb Posts Higher Third Quarter Revenue as Travel Demand Accelerates

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  • Airbnb Posts Higher Third-Quarter Revenue as Travel Demand Accelerates

    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 - 16 hours ago

  • Tesla Surprises Wall Street With Strong Third-Quarter Results

    The robust performance comes after a tumultuous start to the year in which Tesla’s profit fell for two straight quarters.
    Business - The Wall Street Journal - October 24

  • Southwest Airlines profit tops estimates, company expects higher revenue in fourth quarter

    Southwest said travel demand remains healthy and it expects unit revenue for the fourth quarter to grow 3.5% to 5.5%.
    Business - CNBC - October 24

  • Airbnb misses on earnings but squeaks in a revenue beat

    Airbnb reported third-quarter earnings Thursday that showed revenue up 10% year over year.
    Business - CNBC - 16 hours ago
  • Netflix’s third-quarter revenue and subscriber numbers beat expectations

    Netflix’s third-quarter revenue and subscriber numbers beat expectations

    US streaming service is investing heavily in live sporting events to differentiate from rivals
    Business - Financial Times - October 17
  • Tesla shares jump in third-quarter earnings even as expected revenue is lower

    Tesla shares jump in third-quarter earnings even as expected revenue is lower

    After two slow quarters, Elon Musk’s electric-vehicle maker reports higher-than-expected earnings per share. Tesla shares saw a 12% jump after the company reported its third-quarter earnings on ...
    World - The Guardian - October 23

  • Uber reports third-quarter results that beat Wall Street's revenue expectations

    Uber reported third-quarter results Thursday that beat analysts' expectations for revenue.
    Business - CNBC - October 31

  • 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 - 12 hours ago
  • Pinterest Stock Falls Despite Rise in Third-Quarter Profit, Revenue

    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 - 14 hours ago

  • Jean Paul Gaultier Owner Puig Brands Posts Higher Revenue Boosted by Fragrances

    The owner of brands including Jean Paul Gaultier, Carolina Herrera and Nina Ricci increased sales by 11% in the third quarter, beating analysts’ forecasts.
    Business - The Wall Street Journal - October 29

  • Meta’s Reality Labs posts $4.4 billion loss in third quarter

    Meta's Reality Labs unit, which develops augmented and virtual reality technologies, logged an operating loss of $4.4 billion in the third quarter.
    Business - CNBC - October 30
  • Trump Media & Technology Posts Third-Quarter Loss Ahead of Election Outcome

    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 - 2 days ago

  • Airbnb is seeing ‘strong demand trends’ — with these caveats

    Airbnb Inc. on Thursday reported third-quarter sales and other demand metrics that were above Wall Street’s estimates, and the lodging platform said it was “seeing strong demand trends” for the ...
    Business - MarketWatch - 12 hours ago

  • Google's Cloud Business Powers Accelerating Revenue Growth

    Google reported a 15% jump in year-over-year revenue driven by strong results in its cloud-computing division, boosting the company’s fortunes during a costly push into artificial intelligence.
    Business - The Wall Street Journal - October 29

  • 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
  • Meta's third-quarter profit surges 35% reflecting strong ad revenue and its AI push

    Meta's third-quarter profit surges 35% reflecting strong ad revenue and its AI push

    Meta Platforms Inc. has posted stronger-than-expected third-quarter results fueled by its advertising revenue growth and its push to incorporate artificial intelligence
    Tech - ABC News - October 30

  • 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 - 2 days ago

  • Global gold demand tops $100 billion for first time ever in third quarter

    Global gold demand climbed to a third-quarter record high, with the value of demand for the precious metal topping $100 billion for the first time ever, according to a report from the World Gold ...
    Business - MarketWatch - October 30

  • Lonza Sees Accelerating Sales Growth in Final Quarter

    The Swiss life-sciences company said it expected accelerated sales growth in the fourth quarter on the back of the timing of product releases and the ramp-up of its new acquired manufacturing ...
    Business - The Wall Street Journal - October 24

  • 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

  • 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

  • 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 - October 29

  • Oil giant Shell posts $6 billion profit beat, launches new share buyback program

    British oil giant Shell on Thursday posted a small year-on-year drop in third-quarter profit as a sharp drop in crude prices was offset by higher gas sales.
    Business - CNBC - October 31
  • Saudi oil giant Aramco posts third-quarter profits of $27.5 billion, down 15% from a year earlier

    Saudi oil giant Aramco posts third-quarter profits of $27.5 billion, down 15% from a year earlier

    Saudi Arabian oil giant Aramco has reported third-quarter profits of $27.5 billion, down about 15% from last year as low oil prices ate into its revenues
    World - ABC News - 3 days ago

  • Nintendo profit plunges 69% as it cuts forecast for sales of ageing Switch console

    Investors are waiting for news surrounding a successor to the Switch which they hope will re-energize Nintendo's gaming business.
    Business - CNBC - 2 days ago

  • Oil giant Saudi Aramco posts 15% drop in third-quarter profit but maintains dividend

    Lower global oil prices, weaker demand and prolonged OPEC+ production cuts led by Saudi Arabia continue to impact crude prices.
    Business - CNBC - 3 days ago

  • Moncler Revenue Falls on Lower Demand in Asia, Europe

    The Italian fashion group said the results were hit by lower consumer confidence in several markets, as the luxury industry continues to grapple with a period of volatility.
    Business - The Wall Street Journal - October 29

  • ABB Posts Higher Profit, Raises Margin Guidance

    The Swiss industrial-technology company’s profit and revenue rose as the electrification business offset weakness in robotics, discrete automation and e-mobility.
    Business - The Wall Street Journal - October 17

  • Tele2 Posts Higher Profits; Backs Targets

    Tele2 reported a slightly higher third-quarter net profit, helped by growth in revenue from its core telecommunications services, though revenue and underlying earnings were a touch below ...
    Business - The Wall Street Journal - October 22
  • Apple cautious on holiday outlook as it starts AI rollout

    Apple cautious on holiday outlook as it starts AI rollout

    Shares fall despite solid earnings as analysts weigh impact of new ‘Apple Intelligence’ features
    Business - Financial Times - 6 days ago
  • AI demand drives growth and higher spending at Amazon’s cloud business

    AI demand drives growth and higher spending at Amazon’s cloud business

    Ecommerce company’s shares rise as it also gives an upbeat forecast for the holiday quarter
    Business - Financial Times - October 31

  • Coca-Cola tops earnings estimates, as higher prices offset sluggish demand

    Shares of Coke have climbed 18% this year, raising the company's market value to nearly $300 billion.
    Business - CNBC - October 23
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  • Posts Higher Third
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