Latest in Here’s a sign that profit growth for America’s biggest companies might be about to take off
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Here’s a sign that profit growth for America’s biggest companies might be about to take off
Corporate executives are dropping hints that the pace of profit growth could be poised to take off in 2025, according to a team of analysts at Bank of America Global Research.Business - MarketWatch - October 29 -
OpenAI Speaks to California Attorney General About Becoming For-Profit Company
A new report says CEO Sam Altman’s efforts to shed its nonprofit AI research lab status are moving forward.Business - Inc. - November 5 -
Reddit's explosive user growth and AI tools help it soar to its first profit as a public company
Reddit has turned a profit for the first time as a public companyTech - ABC News - October 30 -
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Who is Roki Sasaki? Here's everything you need to know about the MLB offseason's biggest variable
Roki Sasaki is perhaps the most exciting Japanese pitching prospect ever. We also don't know when he's coming to MLB.Sports - Yahoo Sports - November 6 -
Kuaishou Posts Profit, Revenue Growth, Meeting Estimates
The Chinese short-video app operator reported in-line results on advertising strength, even as it continued to face challenges in its e-commerce business.Business - The Wall Street Journal - Yesterday -
STMicroelectronics Sees Slowing Sales and Profit Growth
STMicroelectronics delayed a key sales target it hoped to hit much earlier, and cut its gross margin forecast, as the chip inventory glut that has plagued the industry in recent years continues to ...Business - The Wall Street Journal - Yesterday -
Tennis Channel takes Jon Wertheim off the air for comment about Wimbledon champ Barbora Krejcikova
Tennis Channel has taken analyst Jon Wertheim off the air “indefinitely” after Wimbledon champion Barbora Krejcikova called him out on social media for what she called “coverage that focused on my ...Entertainment - ABC News - November 10 -
Tennis Channel takes Jon Wertheim off the air for comment about Wimbledon champ Barbora Krejcikova
Tennis Channel has taken analyst Jon Wertheim off the air “indefinitely” after Wimbledon champion Barbora Krejcikova called him out on social media for what she called “coverage that focused on my ...Sports - ABC News - November 10 -
Here's the biggest news you missed this weekend
Trump team eyes courts-martial for Afghanistan withdrawal. Biden approves long-range missiles use on Russia. Senate Republicans don't see path for Gaetz.Top stories - NBC News - 3 days ago -
How markets might be wrong about Trump
Plus the long and winding road of disinflationWorld - Financial Times - November 14 -
Nvidia earnings: AI chip leader shows no signs of stopping mammoth growth
World’s most valuable company delights investors as it reports $35bn of revenue in quarterly results. The AI chipmaker Nvidia, the world’s most valuable company and the engine of the ...World - The Guardian - 16 hours ago -
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 -
Robinhood earnings disappoint Wall Street despite company’s upward trajectory
The online brokerage’s third-quarter earnings missed analyst forecasts for both revenue and earnings per share.Business - MarketWatch - October 31 -
BBVA Profit Beats Market Views on Mexico, Spain Growth
Banco Bilbao Vizcaya Argentaria’s third-quarter performance in Spain and Mexico, its key markets, drove its profit above market expectations.Business - The Wall Street Journal - October 31 -
Warner Bros. Discovery Swings to Quarterly Profit on Strong Streaming Growth
The entertainment company swung to its first quarterly profit in more than two years after it posted better-than-expected growth in streaming subscribers.Business - The Wall Street Journal - November 7 -
Tencent posts better-than-expected 47% profit surge as games, AI tools shine
Chinese gaming and social media giant Tencent on Wednesday reported profit above analysts' expectations, while revenue missed slightly.Business - CNBC - November 13 -
Alibaba’s stock turns lower as investments to meet AI demand hurt profitability
Alibaba’s stock knee-jerked up after earnings then reversed lower, as revenue missed expectations and ’aggressive’ investments on AI capabilities weighed on profitability.Business - MarketWatch - 5 days ago -
Delta expects higher profits thanks to high-end travel and 'resilient economy'
Delta, the most profitable U.S. airline, expects to expand capacity by no more than 4% year-over-year in 2025.Business - CNBC - 19 hours ago -
America Voted for Economic Change in Trump. They Just Might Get It
Despite appearance of a healthy economy, Americans are looking for a shake up.Business - Inc. - November 10 -
Government fraud is America’s biggest scam. Stopping it is key to our future.
By tackling waste and protecting taxpayer resources, this administration could rebuild public trust while saving hundreds of billions of dollars.Politics - The Hill - 4 days ago -
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 -
Toast’s stock soars after company swings to profit and revenue beats estimates
Toast Inc.’s stock soared in after-hours trade Thursday, after the digital-payment platform for restaurants posted better-than-expected revenue for the third quarter, offsetting a profit miss.Business - MarketWatch - November 8 -
Elon Musk takes on America’s shrink-to-greatness challenge
Is it possible to slash and grow at the same time? Thanks to President Trump’s ‘first buddy’, America will soon find outWorld - Financial Times - 4 days ago -
Duke Is Leaning on a 17-Year-Old Star, and Eventually, It Might Pay Off
Cooper Flagg is projected to be the No. 1 pick in the 2025 N.B.A. Draft. For now, he has more learning to do in college, a columnist for The Athletic writes.Sports - The New York Times - November 13 -
America isn’t too worried about fascism
Harris is correct that the republic is in danger but that message may not suffice to prevent a Trump victoryBusiness - Financial Times - October 29 -
Nvidia earnings will drive stocks tied to AI’s growth. Here’s what to look for.
AI chip suppliers are enjoying a spending boom from ‘hyperscalers,’ which in turn use the technology to boost sales and profits.Business - MarketWatch - 21 hours ago -
The Bucks are at a tipping point with Giannis
Giannis Antetokounmpo has tiptoed around the idea of leaving Milwaukee before. Here's a "Hot Take We Might Actually Believe": he puts his foot down this season.Sports - Yahoo Sports - October 23 -
George Conway isn't taking Trump win ‘as badly as people might think’
Pundit George Conway, an outspoken Republican critic of President-elect Trump, said he’s not taking the election results “as badly as people might think.” “The disturbing thing about this election ...Politics - The Hill - November 11 -
Here’s the biggest threat to the bull market, according to one strategist
Dhaval Joshi, chief strategist of BCA Research’s Counterpoint, says the biggest threat to the U.S. bull market comes from Japan.Business - MarketWatch - October 24 -
Here’s Why You Need to Be Your Product’s Biggest User
Eliot Horowitz, founder and CEO of Viam, talks about the evolution of his company on the latest episode of ‘For Starters.’Business - Inc. - November 6 -
Here are new guidelines for preventing stroke, the nation's 4th biggest killer
The majority of strokes could be prevented, according to new guidelines aimed at helping people and their doctors do just thatHealth - ABC News - November 9 -
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How Kennesaw State pulled off one of the biggest upsets of the season
After a rocky start to the year, Kennesaw State delivered a stirring victory over Liberty.Sports - ESPN - October 31 -
There’s more evidence that Americans might finally be feeling better about the economy
Consumers are more optimistic about inflation, the job market and their own finances, New York Fed survey shows.Business - MarketWatch - November 12 -
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 -
Amazon’s cloud growth takes a backseat as this retail reality shines through
Often cloud growth drives Amazon’s stock movements after earnings, but this time analysts are keying in on overall profit as well as retail momentum for nondiscretionary purchases.Business - MarketWatch - November 1 -
Gautam Adani takes on plan to redevelop Mumbai’s biggest slum
Locals and opposition parties denounce tycoon’s bid to rehouse 1mn people in crowded part of India’s financial capitalWorld - Financial Times - Yesterday -
Mark Cavendish signs off with emotional win in final race as pro cyclist
British rider delivers victory in Singapore Criterium ‘I couldn’t have wished for a better send-off than here’ Mark Cavendish claimed victory in his final race as a professional cyclist. The ...World - The Guardian - November 10