SoftBank returns to profit as Indian IPOs boost Vision Fund gains

Investors await founder Masayoshi Son’s next big move on artificial intelligence

Business - 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 investments

Tech - ABC News - 2 days ago

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

Whitbread Aims to Boost Profit, Shareholder Returns

The U.K. hotel-and-restaurant company said it forecasts an increase of at least £300 million in profit by fiscal 2030, and to generate more than £2 billion for dividends, share buybacks and ...

Business - The Wall Street Journal - October 16

Indian investors give short shrift to Asia’s biggest IPO of 2024

Retail share buyers largely shun $3.3bn listing of Korean carmaker Hyundai’s Indian unit as auto industry sales cool

World - Financial Times - October 21

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

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

Habeck: Investment fund to give German economy a boost

World - Yahoo News - October 23

Tokyo Metro shares surge 45% on debut after Japan's largest IPO in six years

The IPO offered 2.32 billion shares for a price of 1,200 yen apiece, valuing the offering at 348.6 billion yen ($2.3 billion)

Business - CNBC - October 23

Klarna IPO emerges as fintechs gain traction and bankers signal more interest in stock debuts

The buy-now-pay-later company aims to tap into a revival of interest in stocks like Affirm and SoFi.

Business - MarketWatch - 18 hours ago

U.S. tells Israel, boost humanitarian aid to Gaza or risk losing weapons funding

The Biden administration says Israel has 30 days to respond.

U.S. warns Israel to boost Gaza aid or risk losing weapons funding

The Biden administration has warned Israel that it could lose access to U.S. weapons funding if it doesn't increase the amount of humanitarian aid entering Gaza in the next 30 days. CBS News ...

China boosts funds for housing projects to support embattled sector

World - Yahoo News - October 17

UK to boost Ukraine funding using £2bn from Russian assets

The funds are the UK's contribution to a $50bn (£38bn) loan package announced back in June.

Labour hedge fund donor’s profits drop 76% after restructure

Quadrature made largest single donation to party after UK election called in May

Business - Financial Times - November 5

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.”

Business - MarketWatch - October 29

Amazon reports boost in quarterly profits, exceeds revenue estimates as it invests in AI

Amazon reported a boost in its quarterly profits Thursday and exceeded revenue estimates

Tech - ABC News - October 31

Sony stock rises as gaming and imaging units boost profits

Sony shares rose in premarket trade Friday after the company reported booming profit growth in the fiscal second quarter.

Business - MarketWatch - 6 days ago

Barclays profits rise 23% as dealmaking returns

UK bank lifts guidance for net interest income

Business - Financial Times - October 24

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

New calls for Congress to return from recess for hurricane relief funding

There is a new wave of calls for Congress to come back from recess and approve a new round of hurricane relief funding with the Small Business Administration out of money for new disaster relief ...

Live updates: House Republicans take a victory lap as Congress returns to DC

Republicans return to Congress for the lame duck session to decide on government funding, leadership elections in both chambers, and whether to cut a deal with Democrats or push the issue into next ...

Politics - The Hill - Yesterday

Trump Media closes in the red on Election Day, giving up earlier rally

Shares of retail trader favorite Trump Media & Technology Group (DJT) were active as Election Day is finally here.

Business - CNBC - November 5

Biogen tops estimates, raises profit guidance as Alzheimer's drug Leqembi gains traction

Leqembi, along with rare disease and depression treatments, helped offset a year-over-year decline in revenue for the company's multiple sclerosis products.

Business - CNBC - October 30

State Department addresses U.S. warning to Israel over Gaza aid

Secretary of State Antony Blinken and Secretary of Defense Lloyd Austin wrote a letter to Israeli officials warning that humanitarian aid allowed into Gaza must increase or the U.S. ally could risk ...

Newsom calls for big boost in funding for California's film and TV tax credit, throwing Hollywood a lifeline

Gov. Gavin Newsom has unveiled plans to increase the cap on California's film and TV tax credit program to $750 million as Hollywood struggles to compete with rivals.

Entertainment - Los Angeles Times - October 27

Lynch confident injured 49ers stars returning offers trade-like boost

John Lynch explained why the return of the 49ers' injured stars can provide San Francisco with a boost similar to an in-season trade.

Sports - Yahoo Sports - October 25

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

Fintech Klarna files for IPO in US

Swedish buy now, pay later pioneer submits documents for widely anticipated flotation

Business - Financial Times - Yesterday

Disney hails ‘momentum’ as Deadpool and Inside Out 2 boost box office returns

Company tells shareholders it expects ‘double-digit percentage growth’ in 2026 and 2027. Walt Disney is trying to roll the credits on its years-long battle to reassure Wall Street and Hollywood ...

World - The Guardian - 1 hour ago

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

Sweden's Klarna Files for U.S. IPO

The payments specialist filed registration documents with the SEC, but said the number of shares and the price range for the proposed offering haven’t yet been decided.

Business - The Wall Street Journal - Yesterday

Klarna Confidentially Files for U.S. IPO

The Swedish ‘buy now pay later’ company began the process for a stock market listing with the Securities and Exchange Commission.

Business - Inc. - 19 hours ago

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

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