Snap shares jump 10% on profit beat, stock buyback

Business - CNBC

Snap shares jump 10% on profit beat, stock buyback

Snap reported third-quarter results on Tuesday that beat on the top and bottom lines, but the company issued light fourth-quarter guidance.

8 hours ago

Business - CNBC

Tesla shares jump on profit beat, Musk's prediction of at least 20% 'vehicle growth' next year

Tesla reported better-than-expected profit in its third-quarter earnings report on Wednesday.

5 days ago

Business - Financial Times

HSBC chief says east-west division will not lead to ‘any split’

Georges Elhedery embarks on sweeping overhaul of lender as part of cost-cutting drive

20 hours ago

Business - CNBC

Netflix rose 11% after third-quarter earnings beat

Netflix saw momentum in its ad-supported membership tier, which surged 35% quarter over quarter.

October 18

Business - MarketWatch

General Motors’ stock jumps after big profit beat, progress on EV profits

GM’s stock rallies toward a multiyear high after profit beat by a wide margin and the full-year outlook was raised.

October 22

Business - CNBC

Barclays shares hit nine-year high after third quarter profit jumps 23%, beating expectations

British bank Barclays on Thursday reported £1.6 billion ($2 billion) net profit attributable to shareholders for the third quarter, beating expectations.

5 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.

5 days ago

Business - CNBC

Ericsson shares jump 10% on third-quarter beat, growth in North America sales

Shares of Swedish telecom firm Ericsson jumped amid third-quarter core earnings that surpassed analyst expectations and growth North American demand.

October 15

Business - Financial Times

UK borrowing costs hit post-election high on eve of Reeves’ first Budget

Chancellor will draw parallels with Tony Blair government’s efforts to repair country’s social fabric in late 1990s

6 hours ago

Business - MarketWatch

Snap shares jump after results come in better than expected

Shares of Snap Inc. rose after hours on Tuesday after the social-media platform reported third-quarter results that beat expectations and said its board authorized a stock buyback of up to $500 ...

5 hours ago

Business - MarketWatch

HSBC shares surge on another $3 billion buyback plan and earnings beat

HSBC shares increased 4% on Tuesday as the British bank beat analysts’ earnings expectations for the third quarter and launched another $3 billion share buyback plan.

19 hours ago

Business - MarketWatch

Ericsson stock jumps as AT&T fuels earnings beat

Ericsson shares rallied on Tuesday as the Swedish telecom equipment maker said the market is stabilizing as North America returns to growth.

October 15

Business - Financial Times

Tesla shares leap 22% after Musk predicts sales rebound

EV maker adds more than $150bn in market value after billionaire says sales may increase as much as 30% next year

5 days ago

Business - MarketWatch

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%.

5 days ago

Business - MarketWatch

UnitedHealth’s stock rocked as a big jump in medication costs hurt profitability

UnitedHealth’s stock was having its worst day in more than four years on Tuesday, after the healthcare giant beat third-quarter profit and revenue expectations but missed on medical-care ...

October 15

Business - CNBC

United shares hit pre-pandemic high after airline forecasts strong finish to 2024, plans buyback

United Airlines said it authorized a $1.5 billion share buyback, its first share repurchase since before the Covid-19 pandemic.

October 16

Business - CNBC

HSBC announces fresh $3 billion share buyback as third-quarter earnings beat expectations

Pre-tax profit came in at $8.5 billion, a 10% rise from the $7.7 billion posted a year ago.

19 hours ago

Business - CNBC

Nvidia and Apple supplier TSMC shares pop after quarterly profit soars on AI demand

TSMC, the world’s largest producer of advanced chips, posted a 54% hike in third-quarter profit.

October 18

Business - MarketWatch

Honeywell’s stock falls as sales miss and lowered guidance offsets profit beat

Honeywell International Inc.’s stock fell 2.5% early Thursday, after the aerospace and technology company missed third-quarter sales estimates and lowered its guidance, offsetting a profit beat.

5 days ago

Business - MarketWatch

PayPal beat big on a profit metric, but here’s why its stock is falling

PayPal’s fourth-quarter revenue view came in below expectations. The company said it’s focusing on “profitable growth.”

15 hours ago

World - Financial Times

FirstFT: HSBC overhaul to divide businesses along east-west lines

Also in today’s newsletter, EY fires staff for ‘cheating’ and Mubadala Capital’s private equity push

October 22

Business - MarketWatch

Intuitive Surgical’s stock rises after third-quarter results beat on jump in robotic surgeries

Shares of Intuitive Surgical Inc. jumped after hours on Thursday after the company reported third-quarter results that beat Wall Street’s expectations, helped by wider adoption of its ...

October 17

Latest in Snap shares jump 10% on profit beat, stock buyback