Latest in Dell’s stock gets a boost as earnings show huge growth in AI servers
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Apple, Meta and Amazon must show the stock market that AI spending is paying off
Big-tech bellwethers facing scrutiny on whether they are meeting competitive challenges.Business - MarketWatch - October 30 -
Kuehne + Nagel Earnings Boosted by Volume Growth and Efficiencies
Kuehne + Nagel reported a forecast-beating rise in third-quarter profitability as efficiency measures and higher volumes helped boost the performance of its sea and air logistics businesses.Business - The Wall Street Journal - October 23 -
Google’s strong earnings boosted by cloud computing gains
Parent company Alphabet’s shares rise 6% as results show lift from AI demandBusiness - Financial Times - October 30 -
PayPal beat big on a profit metric, but here’s why its stock is falling
PayPal’s fourth-quarter revenue view came in below expectations. The company said it’s focusing on “profitable growth.”Business - MarketWatch - October 29 -
Palantir’s stock surges as AI drives a further acceleration in growth
Palantir’s CEO says the latest earnings are ”a slap in the face of people who continue to believe that the value of AI is solely in building AI large language models.”Business - MarketWatch - 4 days ago -
Upstart’s return to ‘growth mode’ helps send the AI lending stock higher
Loan volumes picked up 43% on a sequential basis.Business - MarketWatch - Yesterday -
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 -
Boeing’s stock turns lower, as short-term technical boost fades after the open
Boeing’s stock reversed into the red on Tuesday, to erase a positive short-term technical signal, even after the aerospace giant’s unionized machinists voted to end the nearly two-month-long strike.Business - MarketWatch - 3 days ago -
Pinterest’s stock tumbles as earnings show slim revenue beat
Pinterest Inc.’s stock tumbled in after-hours trading Thursday after the company, which operates a platform for photo and video sharing, posted third-quarter earnings showing a slim revenue beat.Business - MarketWatch - Yesterday -
US economic growth slows, as Germany avoids recession and France gets Olympics boost – business live
Eurozone GDP grew by 0.4% in the last quarter, faster than expected, as Germany’s economy avoids second contraction in a row. Autumn budget live: major tax rises expected as Rachel Reeves ...World - The Guardian - October 30 -
Affirm sees booming buy-now-pay-later growth, but stock dips after earnings
The company is seeing more of its business shift toward interest-bearing products.Business - MarketWatch - Yesterday -
Citigroup earnings top estimates, but stock falls as bank boosts loan loss reserves
The bank's third-quarter report was stronger than Wall Street expected but still showed a year-over-year decline in earnings.Business - CNBC - October 15 -
Meta's stock drop tells the wrong story on earnings — so, we're boosting our price target
Don't let the after-hours stock action fool you, Meta delivered one heck of a strong quarter and rosy revenue guidance.Business - CNBC - October 31 -
Bangladesh’s leader says ‘no place’ for Sheikh Hasina’s ‘fascist’ party
Muhammad Yunus says will not seek exiled leader’s extradition from India before domestic tribunal’s verdictWorld - Financial Times - October 30 -
Hospitals in firing line of forgotten war
Sudan’s brutal civil war is taking a devastating toll on the country’s health facilitiesWorld - Financial Times - October 30 -
Why EU defence and security policy will stay in the hands of capitals
Also in this newsletter: wading into France’s budget messWorld - Financial Times - October 30 -
Arm says it’s fueling many AI needs, but its stock shrugs off an earnings beat
The chip designer beat expectations for both its revenue segments.Business - MarketWatch - 2 days ago -
Apple looks strong on AI; Amazon rules the cloud. Earnings will show how much.
Expect positive surprises from these two “Magnificent Seven” standouts.Business - MarketWatch - October 31 -
SoFi’s stock rally takes a breather despite improving credit trends
Analysts called out improvement in credit performance as a major positive coming out of SoFi’s third-quarter report, but the stock was falling hard.Business - MarketWatch - October 29 -
Fantasy Football Rankings Risers and Fallers: Tank Dell's stock on the rise with Nico Collins out, more
Early risers and fallers heading into Week 7 rankings and projectionsSports - CBS Sports - October 14 -
Big Tech loses some shine ahead of a big earnings week. But ‘where else are you going to get that type of growth potential?’
As most Magnificent Seven companies gear up for quarterly earnings reports this week, some analysts expect growth that’s either still pretty good for their size, or still hard to come by anywhere ...Business - MarketWatch - October 27 -
UPS’s stock gets a rare ‘sell’ warning just days before its earnings report
UPS shares took a hit on Monday after a Wall Street analyst made a rare call to sell, citing near-term concerns over what weak parcel demand will mean for its earnings.Business - MarketWatch - October 21 -
Cramer's favorite stock of earnings season so far gets new props from analysts
Amazon is getting the recognition it deserves on Wall Street after a great quarter.Business - CNBC - 4 days ago -
IMF upgrades UK growth forecast in boost to Reeves
Fund’s chief economist sees chance of more ‘aggressive’ Bank of England rate cuts as chancellor prepares for BudgetBusiness - Financial Times - October 22 -
Dropbox to cut 20% of workforce as it moves to boost growth
Dropbox Inc.’s stock rose 3.9% Wednesday after the online-storage platform said it expects third-quarter earnings to meet or beat guidance for revenue and other metrics but also said it’s cutting ...Business - MarketWatch - October 30 -
Meta misses on user growth, warns of 2025 jump in AI spending
Meta reported weaker-than-expected user numbers and warned of a significant acceleration in its infrastructure expenses in 2025 in its third-quarter earnings.Business - CNBC - October 30 -
Amazon shares pop on earnings beat, cloud growth
The company's cloud and advertising units showed strong growth.Business - CNBC - October 31 -
Sanofi Earnings Boosted by Early Vaccine Sales
The pharmaceutical company reported third-quarter earnings and sales that beat analysts’ expectations, boosted by earlier-than-anticipated deliveries of flu and respiratory syncytial virus vaccines ...Business - The Wall Street Journal - October 25 -
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With This 1 Move, Google May Have Solved a Huge AI Content Problem
As AI tech gets smarter it’s getting harder to spot the difference between content made by a human and what’s been dreamed up by an algorithm. Google, pushing the AI envelope itself, is aware of ...Business - Inc. - October 24 -
Netflix Executive Promotes AI Game Development Shortly After Huge Layoffs
Generative AI has been the epicenter of conversation about the future of entertainment across movies , TV , music , and video games . With more studios and developers embracing the technology, ...Tech - GameSpot - 4 days ago -
Merck KGaA Shares Jump on Expectations of AI Boost
The German company said booming artificial-intelligence demand would help its electronics sales grow faster than previously expected over the medium term.Business - The Wall Street Journal - October 17 -
Amid Climate Crisis, Svalbard Global Seed Vault Gets a Huge Deposit
A storage facility in Norway built to safeguard crop diversity recently received more than 30,000 samples as concerns grow about climate change and food insecurity.World - The New York Times - October 29 -
Reeves’s £40bn tax rises will boost growth ‘sustainably’, says IMF
Rare intervention comes as Resolution Foundation says UK will remain ‘stagnation nation’ despite push to invest. ‘It has a political vision’: five viewpoints on budget Budget 2024: what it ...World - The Guardian - October 31 -