Latest in Shares of Peloton surge 12% as it edges toward profitability, posts better than expected sales
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Novo Nordisk shares rise on fourth-quarter profit beat, Wegovy sales jump
Danish pharmaceutical behemoth Novo Nordisk reported better-than-expected net profit in the fourth quarter, amid soaring demand for its Wegovy obesity drugs.CNBC - 1d -
Snap shares soar on better-than-expected profit and revenue
Snap reported better-than-expected fourth-quarter results Tuesday but issued earnings guidance that trailed estimates.CNBC - 2d -
Apple shares fall on concern Trump tariffs on China will hit profit
Among the tech megacaps, Apple may be the most vulnerable to President Donald Trump's announced tariffs on China.CNBC - 3d -
Atlassian closes at highest since 2022 after reporting better-than-expected earnings, revenue outlook
Atlassian benefited from robust cloud and data center growth during the period as more customers turned to artificial intelligence solutions.CNBC - 6d -
Swiss pharma giant Novartis posts better-than-expected fourth-quarter sales
Swiss pharmaceutical giant Novartis on Friday reported fourth-quarter results after repeatedly raising its full-year guidance.CNBC - 6d -
Commerzbank posts 20% hike in annual profit and launches new share buyback as it wards off UniCredit
Commerzbank on Friday unexpectedly released quarterly results, touting "record" annual profit and announcing a new share buyback scheme.CNBC - 6d -
Weekly Jobless Claims Drop More Than Expected
While job opportunities are becoming harder to find, the low layoff rate meant better results than the Labor Department’s forecast.Inc. - Jan. 30 -
Meta posts sharply higher Q4 profit, revenue, topping Wall Street's expectations
Meta Platforms Inc. posted sharply higher profit and revenue for its fourth quarter on Wednesday, thanks to higher ad revenue on its social media propertiesABC News - Jan. 29 -
Dodgers add one of MLB's top closers, payroll surging toward $400M
Kirby Yates, who had a 1.17 ERA last season, reportedly agreed to a one-year, $13 million deal with Los Angeles as it flexed its financial muscle again.Yahoo Sports - Jan. 29 -
World's largest luxury group LVMH posts better than feared full-year sales
The world's largest luxury company LVMH on Tuesday reported better-than-expected full-year sales, in the strongest sign yet of a potential turnaround in the high-end sector.CNBC - Jan. 28 -
Why are Australia so much better than England?
BBC cricket reporter Henry Moeran explores the possible reasons why the gap in quality between Australia and England is so significant in women's cricket.BBC News - Jan. 28 -
Why AMD could surprise Wall Street with better-than-expected earnings
AMD is under heavy pressure to defend its stock-market valuation.MarketWatch - Jan. 25 -
Adidas to cut up to 500 jobs after posting better-than-expected holiday profits
Adidas plans to cut as many as 500 jobs in a bid to simplify its business, a person familiar with the matter confirmed to CNBC on Thursday.NBC News - Jan. 24 -
Burberry shares jump 13% after better-than-expected quarterly sales
Burberry on Friday reported a shallower-than-expected dip in sales in the fiscal third quarter, in the first glimpse of fresh efforts to revamp the beleaguered British fashion house.CNBC - Jan. 24 -
Givaudan Reports Profit Rise, Expects to Exceed Five-Year Sales Target
The flavor-and-fragrance company said full-year net profit for 2024 rose 22% to $1.2 billion, beating analyst expectations.The Wall Street Journal - Jan. 24 -
Twilio stock surges after company issues optimistic 2027 profit forecast
Twilio wants to grow in conversational artificial intelligence while also becoming more profitable.CNBC - Jan. 23 -
Adidas to cut up to 500 jobs after posting better-than-expected holiday profits
Adidas plans to cut as many as 500 jobs at its corporate headquarters in Germany in a bid to simplify its business—not to cut costs.CNBC - Jan. 23 -
One reason renting is better than buying — for now
Tenants’ wages have gone up faster than rents, which has boosted affordability.MarketWatch - Jan. 23 -
Nvidia Supplier SK Hynix Posts Record Profit on AI Boom
The South Korean memory-chip maker reported record quarterly and annual results after stronger-than-expected earnings for the final quarter of 2024 on robust chip demand.The Wall Street Journal - Jan. 22 -
Travelers Upbeat on Momentum Despite Fires as Fourth-Quarter Profit Surges
The property-and-casualty insurer said the strong results and outlook would allow it to support customers affected by the wildfires that devastated L.A.The Wall Street Journal - Jan. 22 -
easyJet Shares Fall on Expectations of Weaker Second Quarter
The airline’s stock was down after it flagged weakening revenue trends in its fiscal second quarter, despite an improved first-quarter performance.The Wall Street Journal - Jan. 22 -
UK borrows far more than expected in December
Government borrowing hits £17.8bn as chancellor Rachel Reeves faces pressure to turn around the economyFinancial Times - Jan. 22 -
Cruz expects to see TikTok sale under Trump
Sen. Ted Cruz (R-Texas) said Monday that he expects to see TikTok sold under President-elect Trump, as the incoming president has vowed to protect the app. “Well, the statute allowed for a 90-day ...The Hill - Jan. 20 -
Solana surges 12% on launch of Trump-themed meme coin, ether falls
Solana's SOL token rocketed after a meme coin linked to President-elect Donald Trump launched on the popular blockchain network.CNBC - Jan. 18 -
Saab Expects Sales Growth to Top Guidance
The company said it experienced a stronger-than-expected final quarter of the year, with global defence spending surging as nations support Ukraine while restocking their own arsenals.The Wall Street Journal - Jan. 17 -
Ash Gardner hits ton as Australia edge towards Women’s Ashes series victory over England
Third ODI: Australia, 308-8, beat England, 222, by 86 runs Third 50-over win gives hosts 6-0 lead heading into T20s There was a sense of inevitability about the result of the third Ashes ODI, ...The Guardian - Jan. 17 -
Is a HELOC better than a credit card in 2025?
A HELOC could be better than a credit card this year, thanks to these three big reasons.CBS News - Jan. 16 -
Target says its holiday sales were better than expected — but its profits weren't
The big-box retailer's report indicates that deals and promotional events motivated shoppers.CNBC - Jan. 16 -
Bank of America tops estimates on better-than-expected investment banking, interest income
The company said fourth-quarter profit more than doubled to $6.67 billion, or 82 cents per share, from a year earlier.CNBC - Jan. 16 -
Taiwanese chipmaker TSMC posts 57% surge in profit thanks to the AI boom
Taiwan computer chip maker TSMC has reported its profit in the last quarter rose 57%, buoyed by the artificial intelligence boomABC News - Jan. 16 -
JPMorgan Chase posts record profit as the bank's massive scale pays off
JPMorgan Chase on Wednesday posted record quarterly and annual earnings and revenue, reinforcing the company’s status as the biggest and most profitable bank in U.S. history.NBC News - Jan. 15 -
JPMorgan Chase posts record profit as the bank’s massive scale pays off
The bank said profit rose 50% to $14 billion in the fourth quarter as noninterest expenses fell 7% from a year earlier.CNBC - Jan. 15 -
Is the recent uptick in inflation cresting? Wholesale prices posts smaller-than expected increase.
Wholesale prices in the U.S. rose modestly in December in a reprieve from a string of elevated inflation in the final months of 2024 that have likely put off any further reductions soon in interest ...MarketWatch - Jan. 14 -
Macy’s stock slides as retailer warns Q4 sales could be weaker than expected
Macy’s gave its fourth-quarter update just days after announcing a slate of store closures.MarketWatch - Jan. 13 -
Stock market plunges after better-than-expected December jobs report
The Labor Department reported Friday that 265,000 jobs were added to the U.S. economy in December, which was roughly 100,000 more than expected. The unemployment rate also fell to 4.1%. CBS News ...CBS News - Jan. 10 -
Nordstrom raises sales outlook after holiday season was better than feared
CEO Erik Nordstrom credited the company's "efforts to remain competitive in the promotional environment and the strength of our offering."CNBC - Jan. 11 -
Sainsbury's Christmas Sales Grew; Expects Profit in Line With Market Views
The grocer reported sales volume growth for the key Christmas period and expects to deliver retail operating profit for its fiscal year in line with market consensus.The Wall Street Journal - Jan. 10 -
Greggs shares drop on sales slowdown
UK bakery chain blames ‘subdued high street footfall’ for weaker earningsFinancial Times - Jan. 9
