Latest in Saudi oil giant Aramco posts third quarter profits of $27.5 billion, down 15% from a year earlier
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Google's cloud outpaces rivals in third quarter as AI battle heats up
One takeaway from tech earnings reports this week is that Google's cloud business is gaining momentum.Business - CNBC - 3 days ago -
AMC’s third-quarter results on deck amid signs of a cinema-industry rebound
AMC Entertainment Holdings Inc. will report third-quarter results after market close Wednesday amid signs that the cinema industry is bouncing back from the devastation wrought by the COVID-19 ...Business - MarketWatch - 10 minutes ago -
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 - 4 hours ago -
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 - October 24 -
Microsoft CFO says OpenAI investment will cut into profit this quarter
Microsoft has invested over $13 billion in OpenAI, a bet that's weighing on the company's profitability.Business - CNBC - 5 days ago -
U.S. crude oil edges lower after worst day in two years
Goldman expects Brent prices to recover to $77 per barrel in the fourth quarter.Business - CNBC - 6 days ago -
AstraZeneca sheds £15 billion of market cap as weight-loss-pill data underwhelms investors
AstraZeneca PLC shed £15 billion in market capitalization on Tuesday, after investors were underwhelmed by early data from a trial of a weight-loss pill.Business - MarketWatch - 2 hours ago -
Coterra Energy posted a mixed quarter, but delivered beats where it matters most
Once again, management's strict adherence to cost discipline meant strong earnings and free cash flow generation.Business - CNBC - 4 days ago -
Oil prices rise as U.S. supply posts a surprise decline, but trend ‘favors the bears’
Crude futures finished higher on Thursday for the first time in five sessions, supported in part by an unexpected decline in last week’s U.S. crude inventories, which followed sizeable back-to-back ...Business - MarketWatch - October 17 -
Washington Post reels from Bezos decision to not endorse
The Washington Post is reeling from a decision to abstain from endorsing a presidential candidate in the 2024 election, a move that was reportedly made by billionaire owner Jeff Bezos after its ...Politics - The Hill - October 25