Latest in Altria’s earnings top estimates and tobacco company reaffirms full year guidance
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CVS posts mixed results, holds off on guidance in Joyner's first earnings report as CEO
CVS expects elevated medical costs to continue to pressure its performance this year, "and as a result we are not providing a formal outlook at this time."Business - CNBC - 4 days ago -
Rivian lowers earnings guidance after missing Wall Street's third-quarter expectations
Rivian Automotive missed Wall Street's third-quarter expectations, including a massive difference in revenue of $116 million.Business - CNBC - 2 days ago -
DraftKings cuts full-year outlook, citing unfavorable sports-betting outcomes
DraftKings stock falls as “customer-friendly” sports outcomes early in the current quarter led to a lowered full-year revenue outlook.Business - MarketWatch - 2 days 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 -
Papa John’s stock falls as same-store sales hurt by still-cash-strapped consumer
Pizza chain says it’s still operating in a challenging consumer environment.Business - MarketWatch - 3 days ago -
This Mystery Shopping Company Just Became America’s Top Small Business
The U.S. Chamber of Commerce named mystery shopping and customer experience research platform Confero as the top small business of 2024.Business - Inc. - 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 -
10-, 30-year Treasury yields drop again after GDP data opens door to Q4 slowdown
Yields on long-dated Treasurys closed lower on Wednesday after a weaker-than-expected reading on third-quarter U.S. economic growth gave way to the possibility of another slowdown in the final ...Business - MarketWatch - October 30 -
Meta sees AI spending accelerating as earnings top forecasts
Mark Zuckerberg cites the potential for ‘strong’ returns in coming years on heavy investments in new technologyBusiness - Financial Times - October 31 -
Unity's new CEO pitches 'fundamentally different company' after rough year
Unity CEO Matt Bromberg, who joined in May, is overseeing his first big product launch since taking over the gaming software company.Business - CNBC - October 17 -
This massive flooring company says the housing market will get better — next year
Mohawk Industries’ product mix has been hit by consumers trading down and by new construction outpacing higher-value remodeling.Business - MarketWatch - October 25 -
Here's an earnings homework checklist so you can be ready when your companies report
You never want to be playing catch-up in real time while trying to make important buy, sell, or hold decisions.Business - CNBC - October 15 -
Google's new CFO makes earnings call debut, says company can 'push a little further' on cost cuts
In her first earnings call as Alphabet CFO, Anat Ashkenazi said more streamlining will be needed so the company can invest in AI.Business - CNBC - October 30 -
Charter’s broadband saga may have bottomed. Has its stock done the same?
Charter shed 110,000 internet customers in the quarter, but a MoffettNathanson analyst thinks the rate of decline has bottomed out.Business - MarketWatch - November 1 -
The year's top tech stock is up 300% thanks to AI — but it's not Nvidia
With its stock having quadrupled this year, AppLovin has outperformed all other U.S. tech companies valued at $5 billion or more.Business - CNBC - 6 days ago -
Carmel, Indiana is the best small city in America for affordability, education and quality of life—see the full top 10
WalletHub compared 1,318 cities across five key categories in order to rank the best small cities in America.Business - CNBC - October 16 -
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Top US official warns of 'large uptick' in foreign spies targeting tech companies
The nation's chief counterintelligence officer, Mike Casey, is warning of a "large uptick" in foreign spies trying to secretly infiltrate U.S. tech companies.Top stories - ABC News - October 29 -
HMRC to hand back £700mn to top UK companies after EU tax ruling
London Stock Exchange Group, Pearson and ITV stand to gain from European court decisionBusiness - Financial Times - 29 minutes ago -
College basketball rankings: Kansas earns No. 1 spot in preseason AP Top 25 poll ahead of Alabama, UConn
The Big 12 has three of the top five and five of the top 10 teams in the preseason pollSports - CBS Sports - October 14 -
Ford guides to low end of 2024 earnings forecast as it slightly tops Wall Street's third-quarter expectations
Ford guides to low end of 2024 earnings forecast as it slightly tops Wall Street's Q3 expectationsBusiness - CNBC - October 29 -
Bitcoin rises 3% after topping $73,000 for the first time since March
Bitcoin has struggled to reclaim the $70,000 level this year after reaching a record of $73,797.68 in March.Business - CNBC - October 29