Phunware narrows quarterly loss amid revenue decline, and stock sinks further

Phunware Inc. reported a narrowed loss in the mobile-advertising company’s third-quarter results after market close Thursday, although net revenue declined sharply from the same period last year.

Business - MarketWatch - 5 hours ago

Roku’s stock sinks after streaming company posts another quarterly loss

Roku Inc.’s stock fell in after-hours trade Wednesday, after the streaming platform posted another quarterly loss and flat average revenue per user.

Business - MarketWatch - October 31

Trump’s ‘DJT’ reports narrowing quarterly loss on Election Day. Stock jumps after hours following regular-session slump.

Investors in the parent of Trump’s Truth Social appeared to suddenly turn pessimistic toward the former president’s odds of winning at the polls as Election Day progressed.

Business - MarketWatch - 2 days ago

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

McDonald’s suffers second straight decline in quarterly sales

US fast-food chain hit by weakness in international markets as it promotes more discount meals

Business - Financial Times - October 29

Pandora Narrows Sales View as Revenue Rises

The Danish jeweler now sees 2024 sales coming in toward the high end of its previous forecast despite a sluggish environment for luxury goods.

Business - The Wall Street Journal - Yesterday

On Election Day, Trump-linked Phunware’s stock slides

Phunware shares are down 3% as America heads to the polls.

Business - MarketWatch - 2 days ago

Phunware’s stock soars on Donald Trump’s election victory

Shares of mobile-advertising company Phunware have soared in recent weeks.

Business - MarketWatch - Yesterday

Microsoft Earnings Show Quarterly Revenue Is Up 16% to $65.6 Billion

The company’s profit increased 11 percent to $24.7 billion, beating Wall Street’s expectations and its own predictions.

Tech - The New York Times - October 30

European Union’s car market slumps further in September

New car registrations dropped by 6.1% in September driven by lower sales in Europe’s top three markets, France, Italy and Germany

Business - MarketWatch - October 22

Vonovia After-Tax Loss Narrows, Confirms Guidance

The real-estate company posted a net loss of 592 million euros for the first nine months of 2024, and continues to expect its full-year result to reach the upper end of its guidance range.

Business - The Wall Street Journal - 2 days ago

Phunware’s stock tumbles more than 35% after CEO retires

Shares of Phunware Inc. were down more than 35% after the retirement of Chief Executive Mike Snavely from the mobile-advertising company.

Business - MarketWatch - October 24

Tariff surge would damage global growth, IMF warns

In a forecast two weeks before US election the fund says greater protectionism would drag down world economy

Business - Financial Times - October 22

Amazon reports boost in quarterly profits, exceeds revenue estimates as it invests in AI

Amazon reported a boost in its quarterly profits Thursday and exceeded revenue estimates

Tech - ABC News - October 31

Airbnb misses on earnings but squeaks in a revenue beat

Airbnb reported third-quarter earnings Thursday that showed revenue up 10% year over year.

Business - CNBC - 9 hours ago

Trains and buses cancelled amid further disruption

Translink also issued warnings to commuters on Thursday evening as a result of heavy traffic.

McDonald's reverses U.S. same-store sales declines in the third quarter, but E. coli fallout looms

Shares of McDonald's have fallen 6% since its Quarter Pounder burgers were linked to a deadly E. coli outbreak.

Business - CNBC - October 29

Novo Nordisk shares jump 8% after Wegovy sales beat expectations

Novo Nordisk on Wednesday reported third quarter earnings broadly in line with expectations and narrowed its 2024 full-year growth guidance.

Business - CNBC - Yesterday

NFL not considering narrowing goalposts amid record-setting field goal blitz

Kickers have already made 77 kicks of 50 or more yards through six weeks

Sports - CBS Sports - October 18

NHS in England to receive £1.5bn next year to boost appointments

Fresh funding comes as part of wider package which will be set out by Reeves in Budget on Wednesday

Business - Financial Times - October 28

Peloton Interactive Names Peter Stern as CEO; Narrows 1Q Losses

Peloton Interactive appointed Peter Stern as chief executive officer following a months-long search for a new leader to continue its turnaround efforts.

Business - The Wall Street Journal - October 31

Trump’s Narrow Loss in New Jersey Signals a Shift to the Right

In New Jersey, Democrats outnumber Republicans and control every branch of government. But Tuesday’s vote reflected a shift to the right.

Top stories - The New York Times - 13 hours ago

Fewer Blockbusters Mean Revenue Loss for AMC Entertainment

AMC reported a dip in revenue and lower attendance as fewer big Hollywood movies arrive in theaters.

Business - Inc. - 23 hours ago

Nissan cuts 9,000 jobs and halves CEO’s pay as it sinks to a loss

Carmaker to slash global production capacity by a fifth in emergency turnaround plan

World - Financial Times - 21 hours ago

Boeing is about to show a big quarterly loss as investors wait for the strike to end

If union members agree to end the strike “the supply chain, investors, and Boeing will share a collective sigh of relief.”

Business - MarketWatch - October 23

Boeing workers to vote on ending strike as company reports billions in quarterly losses

Striking Boeing workers are set to vote on a new contract offer Wednesday after the company announced a $6 billion loss in its third-quarter earnings. CBS News senior transportation correspondent ...

Boeing Awaits Strikers’ Vote, Reports $6 Billion Quarterly Loss

The 30,000 union workers who walked off the job six weeks ago vote on a new contract proposal as the plane maker keeps reeling from a brutal year.

Business - Inc. - October 23

Intel Posts $16.6 Billion Quarterly Loss, Its Biggest Ever

The Silicon Valley chip maker has struggled to turn around its fortunes after missing opportunities and poor execution.

Tech - The New York Times - October 31

Albertsons’ stock climbs on Q2 earnings and revenue beat

Albertsons Cos. Inc. shares are up 1% in premarket trades Tuesday after the grocery chain reported better-than expected second-quarter revenue and earnings.

Business - MarketWatch - October 15

IBM stock slips on disappointing consulting and infrastructure revenue

IBM's critical software category performed well due to Red Hat's gains, but the consulting and infrastructure segments pulled down overall results.

Business - CNBC - October 24

‘DJT’ and Trump-related stock Phunware had an eventful day. This is what people are saying about them.

Shares of Trump Media & Technology Group Corp. and mobile-advertising software company Phunware Inc. were both halted for volatility Tuesday on an eventful day for both stocks.

Business - MarketWatch - October 15

Phunware stock climbs 18% after mobile-advertising company touts generative AI

Shares of Phunware Inc. rose 17.6% on Wednesday after the mobile-advertising software company gave a business update and announced the development of a new generative-AI platform.

Business - MarketWatch - October 16

Trump-linked Phunware’s stock set for biggest gain since March on ‘insane volume’

Shares of the mobile-advertising software company were climbing on no apparent news Tuesday, sparking more chatter on social media.

Business - MarketWatch - October 22

Phunware’s stock slides after CFO steps down and poll puts Harris ahead in Iowa

Shares of Phunware Inc. are down 5.1% after the mobile-advertising company tied to former President Donald Trump’s 2020 campaign said Chief Financial Officer Troy Reisner is stepping down. The news ...

Business - MarketWatch - 3 days ago

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