Estée Lauder’s stock heads for record selloff after profit warning, dividend cut

Musk gives $75mn boost to Trump’s presidential run

World’s richest man aims to sway outcome of November election with donation

Business - Financial Times - October 16

Pound falls as UK inflation declines more than expected to 1.7%

First reading below Bank of England’s target in 3 years opens door to more rate cuts this year

Business - Financial Times - October 16

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 - October 24

Musk’s $1mn-a-day voter giveaway could violate US law, DoJ warns

Billionaire Trump backer has targeted swing states with contest ahead of presidential election

Business - Financial Times - October 24

Amazon's cloud unit records highest profit margin in at least a decade

Amazon Web Services delivered an operating margin of over 38%, the highest since at least 2014.

Business - CNBC - 54 minutes ago

UnitedHealth’s stock rocked as a big jump in medication costs hurt profitability

UnitedHealth’s stock was having its worst day in more than four years on Tuesday, after the healthcare giant beat third-quarter profit and revenue expectations but missed on medical-care ...

Business - MarketWatch - October 15

Elevance Health’s stock slumps 13% as profit dented by ‘unprecedented’ Medicaid challenges

Elevance Health Inc.’s stock tumbled 13% Thursday and weighed on rivals after the health insurer’s third-quarter profit fell short of estimates amid ”unprecedented” challenges in the Medicaid ...

Business - MarketWatch - October 17

Netflix's subscriber growth is slowing, but its profit and stock price are still surging

Netflix says its subscriber growth slowed dramatically during the summer, a sign that the huge gains from the video-streaming service’s crackdown on freeloading viewers is tapering off

Tech - ABC News - October 17

Winnebago’s stock rocked by a big profit miss, due to ‘sluggish’ retail demand

Winnebago’s stock sinks after a big profit miss for its fiscal fourth quarter, which offset a revenue beat.

Business - MarketWatch - October 23

Honeywell’s stock falls as sales miss and lowered guidance offsets profit beat

Honeywell International Inc.’s stock fell 2.5% early Thursday, after the aerospace and technology company missed third-quarter sales estimates and lowered its guidance, offsetting a profit beat.

Business - MarketWatch - October 24

Snap shares jump 10% on profit beat, stock buyback

Snap reported third-quarter results on Tuesday that beat on the top and bottom lines, but the company issued light fourth-quarter guidance.

Business - CNBC - 2 days ago

Caterpillar’s stock falls as weak equipment sales lead to a rare profit miss

Caterpillar’s stock fell after a rare profit miss, while revenue was below expectations for a fourth straight quarter.

Business - MarketWatch - Yesterday

ConocoPhillips stock rises on Q3 earnings profit beat, robust outlook

ConocoPhillips shares rose 2.8% in premarket trades Thursday after the oil giant reported better-than-expected third-quarter earnings and gave robust production guidance.

Business - MarketWatch - 9 hours ago

Amex sees strong discretionary spending, but stock retreats after solid 2024 run

The company says new member benefits are resonating with younger generations.

Business - MarketWatch - October 18

Nvidia’s stock hits new high as it reaches this milestone level

Nvidia powered to a $3.5 trillion market cap, which only Apple had ever previously hit.

Business - MarketWatch - October 21

Are U.S. stocks really headed for a ‘lost decade’? Why one strategist disagrees.

Are U.S. stocks really headed for a “lost decade,” as several prominent Wall Street firms have warned? The founder of one eponymous research shop doesn’t think so.