More companies than usual are downbeat on the end of the year — but Wall Street’s profit estimates are still strong

As Wall Street’s attention turns to the final three months of the year, more companies are downbeat, even as analysts remain upbeat about profit growth.

Business - MarketWatch - 4 days ago

Wall Street is entering its best 6 months of the year. Why the stock-market rally has more room to run.

The U.S. stock market is about to enter historically its best six months of the year, after defying the popular Wall Street adage to “sell in May and go away” with strong gains.

Business - MarketWatch - October 30

Tesla Surprises Wall Street With Strong Third-Quarter Results

The robust performance comes after a tumultuous start to the year in which Tesla’s profit fell for two straight quarters.

Business - The Wall Street Journal - October 24

Amazon beats Wall Street expectations with strong cloud business growth

Shares rise as company reports quarterly revenue of $158.9bn – more than analysts had forecast. Amazon became the latest of the “magnificent seven” tech giants to report quarterly earnings on ...

World - The Guardian - October 31

Wall Street Rallies on Election Day Indicating Strong Economy

Despite election results remaining up in the air, the market has shown serious resilience.

Business - Inc. - November 5

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 - 6 days ago

Netflix adds 5 million subscribers and beats Wall Street's profit expectations

Netflix reports strong third-quarter earnings, in a sign that its content mix, including "Emily in Paris," and its password-sharing crackdown are still paying off.

Entertainment - Los Angeles Times - October 17

Tesla shares leap 22% after Musk predicts sales rebound

EV maker adds more than $150bn in market value after billionaire says sales may increase as much as 30% next year

Business - Financial Times - October 24

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

How This PE-Backed Company Grew EBITDA by More Than 10X in 5 Years

VSS Capital Partners helped GreenSlate become the go-to payroll software provider for film and TV productions.

Business - Inc. - October 28

International experts say Gaza is still at risk of famine after more than a year of war

World - ABC News - October 17

Disney Q4 bolstered by strong results from streaming, 'Inside Out 2' and 'Deadpool & Wolverine'

Disney’s fourth-quarter adjusted profit beat Wall Street’s expectations, bolstered by strong results from its streaming service and box office success with “Inside Out 2” and “Deadpool & Wolverine.”

Tech - ABC News - 2 hours ago

Disney Q4 results top estimates bolstered by strong results from company's entertainment business and streaming service

Tech - ABC News - 4 hours ago

America’s economy looks strong. So why is Wall Street worrying about renters and younger borrowers?

It isn’t only subprime — renters and younger borrowers are weaker spots in an otherwise solid backdrop for consumer debt.

Business - MarketWatch - October 21

Wall Street slumps as rates climb, and more negativity on the iPhone 16 emerges

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

Business - CNBC - October 23

Vivian Tu, the ‘Wall Street Girly,’ Wants to Make Wealth More Accessible

Vivian Tu is one of a new wave of female influencers who are using TikTok and Instagram to spread the message of personal finance to millennials and Generation Z.

Business - The New York Times - 5 days ago

Southwest Airlines profit tops estimates, company expects higher revenue in fourth quarter

Southwest said travel demand remains healthy and it expects unit revenue for the fourth quarter to grow 3.5% to 5.5%.

Business - CNBC - October 24

AMD could still be a sleeper against Nvidia, but Wall Street isn’t yet convinced

Advanced Micro Devices Inc. executives made some bold statements about the company’s underdog AI accelerator chip Tuesday, and said it is ready to take the spoils from rival Nvidia Corp.

Business - MarketWatch - October 30

The Fed is draining liquidity from markets for longer than expected. Here’s why it’s making Wall Street nervous.

Wall Street is getting anxious about the plumbing in the financial markets as the Fed’s balance sheet shrinks.

Business - MarketWatch - November 7

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 expectations

Business - CNBC - October 29

Truck maker Volvo's Q3 adjusted profit falls more than expected

Adjusted operating profit was 14.1 billion crowns ($1.34 billion against a year-earlier 19.3 billion and a mean forecast in an LSEG poll of analysts of 15.6 billion, on a sales drop of 12%. Volvo ...

Sports - Yahoo Sports - October 18

Rivian has Wall Street turning more cautious after mixed financial snapshot

A mixed quarter for the EV maker translated into more caution on Wall Street, which also mulled over the implications of the future Trump administration.

Business - MarketWatch - 5 days ago

Some Wall Street bankers to get fatter bonuses for the first time in three years: study

Investment bankers in debt underwriting may see bonuses jump by as much as 35%.

Business - MarketWatch - 2 days ago

Wendy's to close 140 more restaurants by end of year

Wendy's plans to close 140 U.S. restaurants before the end of this year on top of the 100 it said it would close in May.

JetBlue’s stock tumbles as downbeat revenue outlook raises risk of more losses

JetBlue’s stock sinks after Q3 results beat expectations but the Q4 revenue outlook disappointed.

Business - MarketWatch - October 29

30-year Treasury yield ends at highest since July after retail-sales, jobless data point to strong economy

U.S. government debt sold off on Thursday, sending Treasury yields up from their lowest levels in almost two weeks, after data on retail sales and jobless claims pointed to ongoing strength in the ...

Business - MarketWatch - October 17

10-year Treasury yield ends lower after strong auction as investors await election results

Long-dated Treasury yields erased their rise to end lower Tuesday following an auction of 10-year notes that met solid demand as investors awaited the outcome of the U.S. presidential election.

Business - MarketWatch - November 5

A couple's lost wedding film is returned after more than 50 years

Bill and Aileen Turnbull had only seen their 1967 wedding film once before it was lost. This year, a man in Scotland found the footage and sent them a link to watch it again—over half a century later.

Girl Scouts membership to more than double in cost over two years

Girl Scouts USA says charging steeper annual dues will avoid it having to slash programs and services.

The average person will spend more than $100 on Halloween this year

This year, the average person will spend more than $100 on Halloween, with some decorating as early as June. Halloween is no longer one day of candy and costumes for kids.

Red Dead Redemption Is Finally On PC, More Than 14 Years Later

PC gamers have waited more than 14 years for Red Dead Redemption to make its way to that platform , but at long last, they can saddle up for the classic open-world cowboy adventure. Now available, ...

Tech - GameSpot - October 29

Ozempic and Wegovy considered 'available' after more than 2 years in shortage

The diabetes and weight loss medications Ozempic and Wegovy are now considered to be available after more than two years of being considered in shortage by the Food and Drug Administration (FDA). ...

Politics - The Hill - October 30

UK borrowing costs hit post-election high on eve of Reeves’ first Budget

Chancellor will draw parallels with Tony Blair government’s efforts to repair country’s social fabric in late 1990s

Business - Financial Times - October 30

Pfizer’s earnings crush estimates as company raises guidance

Drug company Pfizer saw strong growth for its heart-disease drugs and migraine treatment.

Business - MarketWatch - October 29

Comcast tops earnings estimates as Olympics propel the company

Comcast beat third-quarter earnings estimates as the Summer Olympics in Paris boosted NBCUniversal’s revenue and Peacock’s subscriber count.

Business - CNBC - October 31

Latest in More companies than usual are downbeat on the end of the year — but Wall Street’s profit estimates are still strong