Latest in SoftBank posts blowout quarterly gains at Vision Fund tech arm
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SoftBank posts blowout quarterly gains at Vision Fund tech arm
The company lodged a steep quarterly increase on Vision Fund gains after swinging back to black in the three months to June.Business - CNBC - 2 days ago -
SoftBank returns to profit as Indian IPOs boost Vision Fund gains
Investors await founder Masayoshi Son’s next big move on artificial intelligenceBusiness - Financial Times - 2 days ago -
Japan's SoftBank returns to profit after gains at Vision Fund and other investments
Japanese technology conglomerate SoftBank Group swung back to profitability in the July-September quarter, boosted by its Vision Fund investmentsTech - ABC News - 2 days ago -
Trump Media gains post-election, even as Truth Social parent reports $19 million quarterly loss
The parent company of Donald Trump’s social networking site Truth Social lost $19.2 million in the last quarter, according to an earnings report released on the same day he won back the presidencyTech - ABC News - November 6 -
World’s largest sovereign wealth fund posts $76 billion in quarterly profit as interest rates fall
Norway's gigantic sovereign wealth fund on Tuesday reported third-quarter profit of 835 billion Norwegian kroner ($76.3 billion).Business - CNBC - October 22 -
Retail sales post solid gain in September, showing a continued strong economy
Retail sales increased 0.4% in September, with strength in a broad range of categories that overcame weak gas and auto spending, the U.S. Commerce Department said Wednesday.Business - MarketWatch - October 17 -
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Nvidia supplier SK Hynix posts record quarterly profit as AI boom drives demand
Revenue for the third quarter grew about 94% year-on-year.Business - CNBC - October 24 -
Roku’s stock sinks after streaming company posts another quarterly loss
Roku Inc.’s stock fell in after-hours trade Wednesday, after the streaming platform posted another quarterly loss and flat average revenue per user.Business - MarketWatch - October 31 -
DoorDash Posts First Quarterly Profit Since IPO, Launches Partnership With Lyft
DoorDash reported its first quarterly profit since going public in 2020, and launched a partnership with Lyft, as the two companies combine forces against common rival Uber.Business - The Wall Street Journal - October 30 -
Intel Posts $16.6 Billion Quarterly Loss, Its Biggest Ever
The Silicon Valley chip maker has struggled to turn around its fortunes after missing opportunities and poor execution.Tech - The New York Times - October 31 -
Monte dei Paschi di Siena Posts Quarterly Beat on Fees Growth
The Italian lender reported third-quarter net profit and revenue growth ahead of expectations, led by higher income from fees and commissions.Business - The Wall Street Journal - 6 days ago -
Nvidia’s stock is up nearly 200% this year, and a critical time for tech awaits
With Alphabet, Meta, Microsoft and Amazon all set to report results this week, chip-sector investors should pay attention to cloud growth and spending forecasts.Business - MarketWatch - October 28 -
Tech stock sell-off wipes out Wall Street’s October gains
Disappointing earnings from Microsoft help put US equities on track for biggest one-day drop since early SeptemberWorld - Financial Times - October 31 -
Revealed: International ‘race science’ network secretly funded by US tech boss
Group promoting ‘dangerous’ scientific racism ideology teamed up with rightwing extremist, recordings reveal. ‘Race science’ group say they accessed sensitive UK health data . An international ...World - The Guardian - October 16 -
Oil prices post first gain in 3 sessions, but demand concerns prevail
Oil futures finished higher on Tuesday, recouping a small portion of back-to-back losses driven by worries about the prospects for demand, which contributed to a retreat in the U.S. benchmark below ...Business - MarketWatch - Yesterday -
Head of UK armed forces gains new powers in push to improve readiness for war
Government launches biggest structural shake-up of Ministry of Defence in 50 yearsWorld - Financial Times - October 25 -
Middle East crisis live: US warns Israel it will withhold arms funding if Gaza aid doesn’t improve
US state department confirms reports that secretary of state and defense secretary warned Israel . See all our Middle East coverage here Israeli military strikes killed at least 40 ...World - The Guardian - October 15 -
BP shares fall to lowest since 2022 after sharp drop in the oil major's third-quarter profit
British oil major BP on Tuesday reported its weakest quarterly earnings in nearly four years, weighed down by a slump in crude prices.Business - CNBC - October 29 -
23andMe’s stock falls after company says there’s substantial doubt it can stay in business
Shares of 23andMe fell 4% Tuesday after the DNA-testing company reported its latest quarterly loss and included “going concern” language in its financial statements, shedding gains made late Monday ...Business - MarketWatch - Yesterday -
Europe’s Big Tech Hawks Brace for a Post-Biden Future
European ambitions to rein in the US tech giants depend on the outcome of the election—and the fate of antitrust firebrand Lina Khan.Tech - Wired - October 30 -
This five-star fund’s formula rode Super Micro’s gain, while its disciplined strategy avoided the stock’s brutal decline
The Hennessy Cornerstone Growth Fund follows a highly rated strategy of selecting its entire portfolio from scratch once a year.Business - MarketWatch - October 19 -
How this money manager’s one-of-a-kind fund beats the market without Nvidia and other tech stocks
Cambria Investment’s Faber tells MarketWatch how he makes shareholders money by owning high-quality, dividend-paying stocks that most investors overlook.Business - MarketWatch - October 19 -
Tech boom forces US funds to dump shares to avoid breach of tax rules
Asset managers including Fidelity and T Rowe Price are bumping up against limits on size of large holdingsWorld - Financial Times - October 25 -
E.l.f. shares soar as cosmetics retailer raises guidance after posting 40% sales gain
E.l.f. Beauty raised its full year guidance after posting a 40% jump in sales.Business - CNBC - November 6 -
Tech firms remove social media accounts of a Russian drone factory after an AP investigation
Google, Meta and TikTok have removed social media accounts belonging to an industrial plant in Russia’s Tatarstan region aimed at recruiting young foreign women to make drones for Moscow’s war in ...World - ABC News - October 17 -
Behren Morton leads late TD drive as Texas Tech posts 23-22 upset for No. 11 Cyclones' first loss
Behren Morton drove Texas Tech 71 yards for the winning touchdown with 19 seconds left and the Red Raiders denied No. 11 Iowa State its best start in program history with a 23-22 upsetSports - ABC News - November 2 -
SoftBank’s Masayoshi Son: AI will become ‘super wisdom’ for the happiness of all humanity
In gunmetal grey jacket and a Jobs-esque black turtleneck, Masayoshi Son has a heartening message for the world.Business - MarketWatch - 2 days ago -
Balance Vision with Agility in Unpredictable Times
The art of strategy blends structure and flexibility.Business - Inc. - October 16 -
The Paradox at the Heart of Elon Musk’s Cybercab Vision
During an event for Tesla’s new self-driving Cybercab—due out 2027—Musk revealed an expansive vision for cities transformed by a robotaxi revolution. Experts say the plan has some hitches.Tech - Wired - October 18 -
Cohere adds vision to its RAG search capabilities
Cohere enhances its embeddings model Embed 3 to now be multimodal, letting enterprises search images on their databases.Tech - VentureBeat - October 22 -
A closing argument for Harris's vision over Trump's venom
Her view of what it means to enjoy the blessings of democracy is the antithesis of Trump’s vision, which insists that only some people get full humanity and autonomy.Politics - The Hill - November 4 -
American voters in London pitch competing visions of US
More than 4,000 miles from home, small groups of Democratic and Republican voters in the British capital gathered within 2 miles of each other to witness what both sides have framed as one of -- if ...Top stories - ABC News - November 6 -
Broncos handle business in blowout of short-handed Saints
The Broncos followed a familiar formula to beat the Saints in New Orleans.Sports - ESPN - October 18 -
Tesla’s blowout earnings still leaves investors with these questions
A closer look at Tesla’s automotive gross margins and other aspects of its business are still big question marks for investors.Business - MarketWatch - October 26 -
Hermès defies luxury gloom with strong sales
Paris house posts solid growth in contrast to rivals Kering and LVMHBusiness - Financial Times - October 24
