Latest in Rivian lowers earnings guidance after missing Wall Street's third quarter expectations
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Biogen’s stock hit by soft sales of Alzheimer’s treatment
“We continue to see momentum with ongoing product launches and we are increasingly excited about the potential of our pipeline,” the company’s CEO said.Business - MarketWatch - October 30 -
Freshpet’s stock jumps premarket after earnings beat and company raises guidance
Sales rose more than 25% for a 25th straight quarterBusiness - MarketWatch - 3 days ago -
Munich Re Lifts Outlook Despite Third-Quarter Miss
Munich Re’s third-quarter net profit missed consensus forecasts due to hurricane losses but the company said it expected to beat its full-year target.Business - The Wall Street Journal - October 22 -
Hyundai Motor Net Profit Fell in Third Quarter, Missing Estimates
The South Korean carmaker said wholesale car sales fell 3.2% globally as vehicle demand remained sluggish in most major markets, while North America remained a bright spot.Business - The Wall Street Journal - October 24 -
Coinbase shares fall as muted crypto trading leads to a third-quarter miss
Coinbase Wednesday reported weaker-than-expected third-quarter results, weighed down by muted trading in the cryptocurrency market.Business - CNBC - October 31 -
Netflix’s third-quarter revenue and subscriber numbers beat expectations
US streaming service is investing heavily in live sporting events to differentiate from rivalsBusiness - Financial Times - October 17 -
China reports third-quarter GDP growth of 4.6%, slightly beating expectations
Beijing has faced public scrutiny over its ability to meet its own annual growth target of "around 5%."Business - CNBC - October 18 -
Chinese Growth Comes in Cooler as Investors Pin Hopes on Stimulus
Wobbly data for the third quarter underscores challenges for Beijing policymakers seeking to boost economic activity.World - The Wall Street Journal - 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 -
Hasbro’s third-quarter profit beats expectations, but its stock slips
Hasbro Inc.’s third-quarter profit beat expectations Thursday, fueled by its gaming and licensing businesses shares, but the toy maker’s stock is down 4%.Business - MarketWatch - October 24 -
Swiss bank UBS smashes third-quarter expectations with $1.4 billion in profit
Swiss banking titan UBS on Wednesday posted a large profit beat, after completing its first wave of client migrations following its integration of collapsed domestic rival Credit Suisse.Business - CNBC - October 30 -
Euro zone growth hits two-year high of 0.4%, beating expectations
Economists polled by Reuters expected 0.2% growth following the bloc's 0.3% expansion in the second quarter.Business - CNBC - October 30 -
U.S. economy grew at a 2.8% pace in the third quarter, less than expected
Gross domestic product was expected to increase at a 3.1% annualized pace in the third quarter.Business - CNBC - October 30 -
The U.S. economy grew at a 2.8% pace in the third quarter, less than expected
The U.S. economy posted another solid though slightly disappointing period of growth in the third quarter, propelled higher by strong consumer spending that has defied expectations for a slowdown.Top stories - NBC News - October 30 -
Burger King parent Restaurant Brands falls short of third-quarter expectations
Net sales climbed 24.7%, largely thanks to the company's acquisitions of its largest U.S. Burger King franchisee and its Popeyes business in China.Business - CNBC - 2 days ago -
Peloton raises its full-year profit guidance, but expects the holiday quarter to be softer than expected
Peloton's cash flows are improving, but it's expecting to sell fewer bikes and treadmills during its holiday quarter than Wall Street expected.Business - CNBC - October 31 -
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 - 15 hours ago -
Entain Raises Full-Year Guidance After Results Exceed Expectations
Ladbrokes owner Entain raised its full-year guidance and reported third-quarter results that exceeded its own expectations, helped by growth in the U.S.Business - The Wall Street Journal - October 17 -
Credit Agricole's Shares Fall After Mixed Results
Credit Agricole reported a smaller-than-expected fall in net profit for the third quarter of 2024 but softer revenue missed views, sending its shares lower.Business - The Wall Street Journal - Yesterday -
Netflix third-quarter subscribers barely beat estimates as ad-tier members jump 35%
Netflix's ad-tier memberships jumped 35%. The company is on track to launch the service in Canada in the coming quarter and more broadly in 2025.Business - CNBC - October 17 -
EBay stock sinks after lackluster Q4 guidance, election distraction
EBay reported better-than-expected earnings for the third quarter, but the results were overshadowed by a disappointing forecast for the current period.Business - CNBC - October 30
