Alibaba’s stock turns lower as investments to meet AI demand hurt profitability

Spectrum Brands’ stock slides as profit lags estimates

“Challenging economic and geopolitical conditions” are impacting consumer demand, according to its CEO.

Business - MarketWatch - 11 hours ago

Miners are razing forests to meet surging demand for metals and minerals, report says

A report by the World Resources Institute shows that rapidly expanding mining operations are causing widespread destruction of tropical primary rainforests and protected areas, raising carbon ...

World - ABC News - October 23

Patriots demand more work, better professionalism from players in team meeting

Can the Patriots' offense get on the same page? Phil Perry details a team meeting in New England with a focus on a better day-to-day approach.

Sports - Yahoo Sports - October 24

Meet the salad hawkers that are valued like tech stocks

But rally for Sweetgreen and Cava may not stay fresh and valuations may prove too rich

Business - Financial Times - October 27

Sage Therapeutics’ stock falls 4.7% as biotech unveils plan to cut 33% of workforce

More than 165 jobs to go as company seeks to extend cash runway and focus on postpartum drug launch.

Business - MarketWatch - October 17

Genuine Parts stock slides on Q3 earnings miss, lowered outlook

Shares of Genuine Parts Co. fell 10.1% in premarket trading after the auto-parts company reported lower-than-expected third-quarter earnings and lowered its outlook, citing weakness in market ...

Business - MarketWatch - October 22

Harley-Davidson’s stock falls as motorbike maker lowers guidance to reflect still-pressured consumer

Harley-Davidson’s stock was down Thursday, after the iconic motorbike maker topped estimates for the third quarter despite steep declines in profit and revenue, but lowered its full-year guidance ...

Business - MarketWatch - October 24

Boeing’s stock reverses lower after announcing a $19 billion capital raise

.Boeing’s stock knee-jerked higher after a larger-than-expected capital raise was announced, but then quickly resumed its decline.

Business - MarketWatch - October 28

Merck’s stock slides as Q3 earnings beat estimates, but company lowers guidance

Merck’s stock fell Thursday morning, despite the company beating profit and sales estimates for the third quarter.

Business - MarketWatch - October 31

Instacart’s weak outlook for the end of the year drags the stock lower

Instacart says sales are up 12%, but investors worry about weaker outlook and the prospect of cooling demand.

Business - MarketWatch - 2 days ago

Oisin Murphy turns to counselling amid demands as champion jockey

Rider to be crowned at Ascot on Saturday for fourth time Murphy unsure if demands will permit run at fifth title Oisin Murphy has turned the race for the 2024 Flat riders’ title into a ...

World - The Guardian - October 17

China's Top Oil Companies Turn in Mixed Results Amid Weak Demand

State-controlled producer PetroChina posted lower profit and revenue, rounding out mixed results for the country’s big three oil companies.

Business - The Wall Street Journal - October 29

Oil prices post first gain in 3 sessions, but demand concerns prevail

Oil futures finished higher on Tuesday, recouping a small portion of back-to-back losses driven by worries about the prospects for demand, which contributed to a retreat in the U.S. benchmark below ...

Business - MarketWatch - 3 days ago

U.S. proposals to curb AI, semiconductor investment into China under final review

The proposals are part of the Joe Biden administration's efforts to restrict the flow of U.S. capital, technology and expertise into China.

Business - CNBC - October 22

How Arm could be the unexpected winner of the AI investment boom

Shares in the British chip designer, which is controlled by SoftBank, have trebled in price over the past year. But its ambitions go much further

Business - Financial Times - October 30

The show’s not over: 2024 sees big boost to AI investment

AI investment continues to show resiliency, driving deal volumes to 1,245 in Q3, 24, a level not seen since Q1, 22.

Tech - VentureBeat - November 1

AI is changing our money and investing habits — and it’s just the beginning

Financial markets will need much stronger firewalls if regulators hope to control AI’s impact.

Business - MarketWatch - 2 days ago

Amazon Shares Rise on Robust Demand, Surge in AI Infrastructure Spending

The tech company’s capital expenditures reached a quarterly record amid a big build-out of artificial-intelligence infrastructure.

Business - The Wall Street Journal - October 31

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

Palantir’s shares jump as ‘unwavering demand’ for AI lifts earnings

Peter Thiel’s data analytics company raises its revenue forecast as growth accelerates

Business - Financial Times - November 4

Reddit shares soar 25% as it turns its first profit

Social media platform says it has attracted nearly 100mn daily active users with its ad tech investments starting to pay off

Business - Financial Times - October 29

Reddit shares soar after company turns first-ever profit

Monthly users rose by nearly half thanks to AI translation feature, and deals for AI training with Google and OpenAI boosted revenue. Reddit on Tuesday reported a quarterly profit for the first ...

World - The Guardian - October 30

Disney is turning record parks profits — even before its big expansions

Disney is breaking ground on new additions and updates to its theme parks, but it will be several years before they become available to the public.

Business - CNBC - 3 hours ago

Tech is the star Friday, and why we'd be buyers of the dip on CrowdStrike

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

Business - CNBC - October 25

We're following one of our core investing rules by selling this industrial stock

As we've talked about the past few days, we want to capitalize on the recent market strength to lighten up on stocks we deem lesser quality.

Business - CNBC - November 8

Cannabis stock valuations and investments hobbled by regulatory uncertainties, experts say

A reality check around regulatory challenges facing the cannabis sector has taken hold among some of the leading financiers in the industry, as optimism around the promise of a legal market has faded.