Reddit shares soar after company turns first ever profit

Chinese EV and self-driving tech companies turn to IPOs for cash

Funding has been drying up for car start-ups in fiercely competitive domestic market

World - Financial Times - 6 days ago

China's Top Oil Companies Turn in Mixed Results Amid Weak Demand

State-controlled producer PetroChina posted lower profit and revenue, rounding out mixed results for the country’s big three oil companies.

Business - The Wall Street Journal - Yesterday

Trump Media closes up 8% after rollercoaster trading session with heavy volume, several halts

DJT trading was halted multiple times as the stock price of the company majority owned by Donald Trump whipsawed.

Business - CNBC - Yesterday

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 - 6 days ago

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 - Yesterday

It Was Love After First Flight

Lindsay Bennie heeded Victoria Williams’s call for a Valentine’s date, but they were hundreds of miles apart. Once they finally met, “our connection was instantaneous,” Ms. Bennie said.

Lifestyle - The New York Times - October 18

Jets became first NFL team ever to lose when posting this stat line

The Jets made history in Sunday's game against the Patriots, but it was the kind you don't want to be associated with.

Sports - Yahoo Sports - 2 days ago

Global gold demand tops $100 billion for first time ever in third quarter

Global gold demand climbed to a third-quarter record high, with the value of demand for the precious metal topping $100 billion for the first time ever, according to a report from the World Gold ...

Business - MarketWatch - 17 hours ago

CVS replaces CEO Karen Lynch with exec David Joyner as profits, share price suffer

David Joyner has replace Karen Lynch as CVS CEO, as the company's stock price and performance suffers.

Business - CNBC - October 18

Deutsche Bank shares shed 3% as lender's swing back to profit fails to impress

The partial release of 440 million euros of litigation provisions in the third quarter helped boost profit, Deutsche Bank said.

Business - CNBC - October 23

Deutsche Bank shares fall on doubling of third-quarter loan losses but profits rise

Deutsche Bank’s pre-tax profits were lifted by a reduction in the provisions it has set aside to settle litigation related to its Postbank acquisition

Business - MarketWatch - October 23

Barbie boom fades at Mattel, but Hot Wheels — and adult collectors — are on an upswing

Mattel Inc. reported mixed third-quarter results, as a drop in demand for Barbie toys weighed on sales overall — but management said it expects a solid holiday season ahead and a toy-centric film ...

Business - MarketWatch - 6 days ago

Tesla shares jump, Elon Musk predicts at least 20% vehicle growth next year

Tesla reported third-quarter earnings Wednesday that topped analysts’ estimates even as revenue came in just shy of expectations.

Tokyo Metro shares surge 45% on first day of trading

Tokyo Metro ‘s float on the Tokyo Stock Exchange marked Japan’s largest initial public offering since SoftBank’s ¥2.65 trillion listing in 2018