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Latest in Reddit shares soar 22% on earnings beat and better than expected forecast

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  • Reddit shares soar 22% on earnings beat and better-than-expected forecast

    Reddit reported third-quarter results that exceeded analysts' estimates and gave a forecast for the current period that was well ahead of estimates.
    Business - CNBC - 12 hours ago

  • Reddit’s stock soars after social-media platform turns a profit, beats Q3 sales and earnings estimates

    Reddit said Tuesday that it turned a profit in its third quarter — a first for the social-media platform since becoming a public company earlier this year.
    Business - MarketWatch - 9 hours ago

  • McDonald’s CEO apologizes for E. coli outbreak, as fast-food giant’s earnings beat estimates

    McDonald’s is encouraged by signs of progress in the third quarter.
    Business - MarketWatch - 17 hours ago

  • Snap shares jump after results come in better than expected

    Shares of Snap Inc. rose after hours on Tuesday after the social-media platform reported third-quarter results that beat expectations and said its board authorized a stock buyback of up to $500 ...
    Business - MarketWatch - 9 hours ago
  • Reddit shares soar 25% as it turns its first profit

    Reddit shares soar 25% as it turns its first profit

    Social media platform says it has attracted nearly 100mn daily active users with its ad tech investments starting to pay off
    Business - Financial Times - 9 hours ago

  • ASML share plunge wipes over $50 billion off Dutch chip giant's value

    ASML published its third-quarter earnings Tuesday, a day earlier than expected.
    Business - CNBC - October 16

  • HSBC announces fresh $3 billion share buyback as third-quarter earnings beat expectations

    Pre-tax profit came in at $8.5 billion, a 10% rise from the $7.7 billion posted a year ago.
    Business - CNBC - 23 hours ago
  • Lloyds beats earnings forecasts as lending rises

    Lloyds beats earnings forecasts as lending rises

    Mortgage book grows as customers take advantage of fall in interest rates
    Business - Financial Times - October 23

  • TSMC beats forecasts with 54% surge in profits on soaring AI demand

    Taiwan Semiconductor Manufacturing Co said its sales were boosted by strong demand from smartphone makers and artificial intelligence firms
    Business - MarketWatch - October 17

  • Adidas Raises Guidance on Better-Than-Expected Results

    The German sportswear company cited better-than-expected results for the third quarter and brand momentum.
    Business - The Wall Street Journal - October 15
  • UBS reports better than expected profits

    UBS reports better than expected profits

    Swiss bank’s markets business helped by increase in volatility
    Business - Financial Times - 26 minutes ago
  • Tesla shares leap 22% after Musk predicts sales rebound

    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 - 5 days ago

  • Bank of America tops estimates on better-than-expected trading revenue

    Bank of America benefited from its Wall Street trading and banking divisions in the third quarter, just as rival JPMorgan Chase did.
    Business - CNBC - October 15

  • United Airlines sheds unprofitable capacity in better-than-expected quarter

    Revenue from basic economy seats shot up 20% at United.
    Business - MarketWatch - October 16

  • China reports better-than-expected retail sales and industrial production data

    The data comes after a flurry of recent announcements from authorities as Beijing seeks to boost consumption and support its flagging real estate sector.
    Business - CNBC - October 18
  • Tesla shares jump in third-quarter earnings even as expected revenue is lower

    Tesla shares jump in third-quarter earnings even as expected revenue is lower

    After two slow quarters, Elon Musk’s electric-vehicle maker reports higher-than-expected earnings per share. Tesla shares saw a 12% jump after the company reported its third-quarter earnings on ...
    World - The Guardian - 6 days ago

  • Netflix rose 11% after third-quarter earnings beat

    Netflix saw momentum in its ad-supported membership tier, which surged 35% quarter over quarter.
    Business - CNBC - October 18

  • HSBC shares surge on another $3 billion buyback plan and earnings beat

    HSBC shares increased 4% on Tuesday as the British bank beat analysts’ earnings expectations for the third quarter and launched another $3 billion share buyback plan.
    Business - MarketWatch - 23 hours ago

  • Alphabet shares rise on earnings beats boosted by cloud revenue

    Google parent Alphabet reported third-quarter earnings that beat on top and bottom lines.
    Business - CNBC - 10 minutes ago
  • HSBC chief says east-west division will not lead to ‘any split’

    HSBC chief says east-west division will not lead to ‘any split’

    Georges Elhedery embarks on sweeping overhaul of lender as part of cost-cutting drive
    Business - Financial Times - Yesterday

  • United shares hit pre-pandemic high after airline forecasts strong finish to 2024, plans buyback

    United Airlines said it authorized a $1.5 billion share buyback, its first share repurchase since before the Covid-19 pandemic.
    Business - CNBC - October 16

  • 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 - 23 hours ago

  • Morgan Stanley shares pop 7% after beating estimates for third-quarter profit and revenue

    Morgan Stanley has several tail winds in its favor, from high stock values to a rebound in investment banking and strong trading activity.
    Business - CNBC - October 16

  • Retail sales rose 0.4% in September, better than expected; jobless claims dip

    Consumer spending held up in September, underscoring a resilient economy.
    Business - CNBC - October 17

  • Treasury yields jump after better-than-expected retail sales, drop in jobless claims

    U.S. Treasury yields were higher on Thursday as investors parsed the latest economic data.
    Business - CNBC - October 17

  • Reddit’s results are on deck. Analysts expect ad strength and growth in online spending.

    Reddit reports its third quarterly results as a public company after market close on Tuesday amid expectations of ad strength and healthy online spending growth.
    Business - MarketWatch - Yesterday

  • Abbott Labs beats Q3 sales and earnings expectations, raises full-year outlook

    Abbott Laboratories on Wednesday reported better-than-expected third-quarter earnings and sales, boosted by strength in the company’s medical-devices business.
    Business - MarketWatch - October 16

  • Barclays shares hit nine-year high after third quarter profit jumps 23%, beating expectations

    British bank Barclays on Thursday reported £1.6 billion ($2 billion) net profit attributable to shareholders for the third quarter, beating expectations.
    Business - CNBC - 5 days ago
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