STMicroelectronics Sees Slowing Sales and Profit Growth

STMicroelectronics delayed a key sales target it hoped to hit much earlier, and cut its gross margin forecast, as the chip inventory glut that has plagued the industry in recent years continues to ...

Business - The Wall Street Journal - 7 hours ago

Lonza Sees Accelerating Sales Growth in Final Quarter

The Swiss life-sciences company said it expected accelerated sales growth in the fourth quarter on the back of the timing of product releases and the ramp-up of its new acquired manufacturing ...

Business - The Wall Street Journal - October 24

L’Oréal sales disappoint due to weak Chinese demand

Revenue at world’s biggest beauty company grew 3.4 per cent in third quarter, when analysts expected 6 per cent

Business - Financial Times - October 22

Nvidia’s Blackwell AI Chips in Focus as Sales Growth Slows

The advanced chip maker announces quarterly results this week, as reports suggest its newest chips may overheat in powerful AI servers.

Business - Inc. - Yesterday

Reddit’s Sees First-Ever Profit as Explosive User Growth and AI Tools Help it Soar

The social discussion platform beat Wall Street analyst forecasts, with quarterly sales results better than 10 percent above estimates.

Business - Inc. - October 30

Dexcom shares fall on slow revenue growth

Dexcom shares fell Thursday after the company released third-quarter results that showed slow revenue growth.

Business - CNBC - October 25

Uber shares slide on slowing bookings growth

Forecast for customer spending on ride-hailing app fell slightly short of Wall Street’s estimates

Business - Financial Times - October 31

UK house price growth slowed ahead of Budget

Rise in prices of just 0.1% between September and October fails to hit forecasts

World - Financial Times - November 1

Unemployment rises as pay growth slows again

The rate of unemployment stood at 4.3% in the three months to September, up from 4% the previous quarter.

UK economy barely grows with Budget fears blamed

The chancellor says she is "not satisfied" by the latest growth figures, which were weaker than expected.

Don’t Overlook This Sales-Growth Superpower

Inc.’s editor-in-chief reveals the channel that powers many of the fastest-growing companies in America.

Business - Inc. - October 25

Budget boost to UK economy forecast to fade after two years

The government's official forecaster raises its prediction for UK growth in 2024 and 2025 but reduces it for later years.

Adyen shares slide as payments giant's transaction volume growth slows

Adyen shares sank Thursday after the company reported a slowdown in the growth of its transaction volumes in the third quarter.

Business - CNBC - November 7

Mexico ups deficit forecast as economists warn of slowing growth

Budget sets out sharp cuts to public spending as new government seeks to restore fiscal credibility

World - Financial Times - 4 days ago

Kuaishou Posts Profit, Revenue Growth, Meeting Estimates

The Chinese short-video app operator reported in-line results on advertising strength, even as it continued to face challenges in its e-commerce business.

Business - The Wall Street Journal - 7 hours ago

Unilever Backs Outlook After Sales Growth

The consumer goods giant reiterated its full-year guidance after underlying sales grew more than expected in the third quarter as shoppers welcomed easing price hikes and began buying more of the ...

Business - The Wall Street Journal - October 24

Danone Sales Growth Beats Market Expectations

The French food company confirmed its full-year guidance after a strong performance in North America and robust growth in sales volumes helped it deliver higher-than-expected organic revenue growth ...

Business - The Wall Street Journal - October 24

Porsche AG Sales Fall Amid Slow EV Market, China Woes

Porsche AG posted lower sales and operating profit as it faced challenges in China and a slower-than-expected shift to electric vehicles.

Business - The Wall Street Journal - October 25

Home Depot Says Hurricane Demand Slows Sales Slump

Strom damage across the Southeast accounted for higher sales to contractors, and the chain also forecast stronger results as mortgage rates drop.

Business - Inc. - November 12

Ford to Cut 4,000 Jobs in Europe as Electric Vehicle Sales Slow

The American automaker said the cost-cutting measure would help it compete with Chinese rivals in the face of slowing demand for electric vehicles.

Business - The New York Times - 18 minutes ago

Kering warns on profit as Gucci sales plunge

French luxury group grapples with turnaround at its biggest brand as demand dips in Asia

Business - Financial Times - October 24

Volkswagen profit plunges 64% as China sales slide

Europe’s largest carmaker highlights ‘urgent need’ for cost reductions and efficiency gains

Business - Financial Times - October 30

Honda Motor Cuts Forecasts for Car Sales, Profit

The Japanese automaker cut its annual forecasts for car sales and net profit after posting a drop in first-half earnings due partly to weakness in its auto business in China.

Business - The Wall Street Journal - November 6

One of our stocks is holding back the Dow as the S&P 500 and Nasdaq bounce back

The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.

Business - CNBC - October 24

Google’s strong earnings boosted by cloud computing gains

Parent company Alphabet’s shares rise 6% as results show lift from AI demand

Business - Financial Times - October 30

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

BBVA Profit Beats Market Views on Mexico, Spain Growth

Banco Bilbao Vizcaya Argentaria’s third-quarter performance in Spain and Mexico, its key markets, drove its profit above market expectations.

Business - The Wall Street Journal - October 31

Warner Bros. Discovery Swings to Quarterly Profit on Strong Streaming Growth

The entertainment company swung to its first quarterly profit in more than two years after it posted better-than-expected growth in streaming subscribers.

Business - The Wall Street Journal - November 7

Tencent posts better-than-expected 47% profit surge as games, AI tools shine

Chinese gaming and social media giant Tencent on Wednesday reported profit above analysts' expectations, while revenue missed slightly.

Business - CNBC - November 13

Alibaba’s stock turns lower as investments to meet AI demand hurt profitability

Alibaba’s stock knee-jerked up after earnings then reversed lower, as revenue missed expectations and ’aggressive’ investments on AI capabilities weighed on profitability.

Business - MarketWatch - 4 days ago

Delta forecasts profit growth thanks to high-end travel and 'resilient economy'

Delta, the most profitable U.S. airline, expects to expand capacity by no more than 4% year-over-year in 2025.

Business - CNBC - 33 minutes ago

BP Profit Falls, but It Still Sees ‘Potential to Grow’ in Oil and Gas

The energy giant’s chief executive, Murray Auchincloss, has taken a profit-oriented approach and said in an interview that the company’s “principal aim” was increasing earnings.

Business - The New York Times - October 29

Why Constellation Energy’s stock is seeing a record selloff despite profit beat

Shares of Constellation Energy Corp. were in danger of a record selloff on Monday and were headed for their lowest prices since before the nuclear-power company signed a 20-year power-purchasing ...

Business - MarketWatch - November 4

Home prices hit a new record high, but the pace of growth is slowing significantly and ‘showing signs of strain’

Case-Shiller 20-city home price index rose 5.2% year-on-year in August.

Business - MarketWatch - October 29

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