Latest in Thales Orders Beat Forecasts Amid Defense Spending Surge
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Babcock Results Beat Forecasts on Strong Defense Demand
The defense company—a major contractor for the U.K. government—posted higher revenue and operating profits for the first half of its financial year fueled by geopolitical tensions.Business - The Wall Street Journal - November 13 -
Uber shares slide on slowing bookings growth
Forecast for customer spending on ride-hailing app fell slightly short of Wall Street’s estimatesBusiness - Financial Times - October 31 -
Universal Music Revenue Beats Forecasts Amid Subscriptions Boost
Universal Music Group posted higher revenue after growth from subscriptions and streaming services exceeded analysts’ expectations.Business - The Wall Street Journal - October 31 -
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Airbus Revenue, Earnings Beat Forecasts
Airbus posted earnings and revenue above analysts’ expectations, highlighting diverging fortunes with Boeing a week after the beleaguered company reported a multibillion-dollar loss.Business - The Wall Street Journal - October 30 -
Meta sees AI spending accelerating as earnings top forecasts
Mark Zuckerberg cites the potential for ‘strong’ returns in coming years on heavy investments in new technologyBusiness - Financial Times - October 31 -
Qualcomm’s rosy forecast sends stock surging, and more buybacks may be on deck
Qualcomm is upping its buyback program by $15 billion after repurchasing more than $4 billion in stock last fiscal year.Business - MarketWatch - November 7 -
Amazon Shares Rise on Robust Demand, Surge in AI Infrastructure Spending
The tech company’s capital expenditures reached a quarterly record amid a big build-out of artificial-intelligence infrastructure.Business - The Wall Street Journal - October 31 -
European countries are spending more on defense, a think tank says
European nations have boosted their defenses in response to the annexation of the Crimea Peninsula in 2014 and Russia’s full-scale invasion of Ukraine in 2022 but much remains to be done for them ...World - ABC News - November 8 -
England beat South Africa despite defensive errors
Watch highlights as England bounce back after Germany loss with a 2-1 win against South Africa in Coventry.Top stories - BBC News - October 30 -
Reddit shares soar 22% on earnings beat and better-than-expected forecast
Reddit reported third-quarter results that exceeded analysts' estimates and gave a forecast for the current period that was well ahead of estimates.Business - CNBC - October 29 -
Leonardo Revenue Beats Forecasts, But Blames Boeing's Woes For Not Raising Guidance
Growth was fueled by the defense electronics division as well as data processing for intelligence and cyber security. The company’s helicopters unit continued receiving strong orders, Leonardo said.Business - The Wall Street Journal - November 7 -
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Super Micro’s stock having best day in 9 months on hopes delisting to be avoided
Super Micro’s stock is having its best day in nine months amid hopes a delisting will be avoided.Business - MarketWatch - 5 days ago -
Meta's Threads app launches custom feeds amid Bluesky surge
Meta's Instagram Threads began rolling out a new custom feed feature to give users the ability to build their feeds around the people and topics they are most interested in. The feature was made ...Politics - The Hill - 3 days ago -
Thales Faces Bribery, Corruption Probe
Thales shares fell after French and British authorities launched a joint investigation into suspected bribery and corruption at the aerospace and defense group.Business - The Wall Street Journal - 2 days ago -
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QinetiQ Eyes U.S. Expansion Amid Higher Defense Budgets
The London-listed company is planning to expand in the U.S. as the country ramps up defense spending, its chief executive said after the company posted revenue above expectations.Business - The Wall Street Journal - November 14 -
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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.Business - MarketWatch - October 29 -
Surging Cardinals beat the Bears 29-9 for 3rd straight victory
Emari Demercado ran 53 yards for a touchdown just before halftime, James Conner added 107 yards on the ground and the surging Arizona Cardinals put together a dominant 29-9 victory over the Chicago ...Sports - ABC News - November 3 -
How Tennessee built an elite defensive line to beat Georgia
The Vols have built one of the SEC's best D-lines by going deep on talent and culture.Sports - ESPN - November 16 -
Business spending on AI surged 500% this year to $13.8 billion, says Menlo Ventures
Enterprise spending on generative AI surged 500% this year, hitting $13.8 billion — up from just $2.3 billion in 2023, according to a new Menlo Ventures report.Business - CNBC - 3 days ago -
UK fraud agency opens bribery investigation of Thales
Probe of defence group will be jointly conducted with France’s Parquet National FinancierBusiness - Financial Times - 2 days ago -
Supreme Court releases new case order list amid rumors about justices' futures
The Supreme Court has released its new order list of cases for the coming months as speculation swirls about justices possibly stepping down. CBS News chief legal correspondent Jan Crawford has more.Top stories - CBS News - November 12 -
Hundreds flee north Gaza as IDF orders more evacuations amid intense airstrikes
Fresh wave of civilian displacements triggered overnight on Saturday, while Israeli strike on hospital injures director. The Israeli military has ordered the evacuation of new areas of northern ...World - The Guardian - 3 hours ago -
Target CEO says ‘consumers continue to spend cautiously’ amid triple-miss earnings report
Target’s stock is set to suffer worst day in more than two years after profit, revenue, comparable sales and outlook all came in below expectations.Business - MarketWatch - 3 days ago -
BP beats forecasts despite seeing 31% drop in profits, to lowest since COVID-19
BP’s profits were hit by lower oil prices and a slump in its refining margins, caused by a slowdown in demand for products including jet fuel, diesel and gasolineBusiness - MarketWatch - October 29 -
Standard Chartered lifts income guidance again after beating third-quarter profit forecasts
The lender, which derives most of its revenue from Asia, saw pre-tax profit jump of 37% from the $1.32 billion posted a year ago.Business - CNBC - October 30 -
China retail sales beat forecasts in October while real estate slump worsens
Retail sales grew by 4.8% year-on-year, the National Bureau of Statistics said Friday. That was above the 3.8% forecasted in a Reuters poll, and a pickup from 3.2% growth in September.Business - CNBC - November 15 -
Week 11 preview: Josh Allen's best weapon to beat KC? Can Bears show a pulse? | Yahoo Fantasy Forecast
Welcome to our weekend preview show where we get you ready with everything you need to know heading into Sunday and Monday's action. Andy Behrens joins Matt Harmon to share 3 burning fantasy ...Sports - Yahoo Sports - November 15 -
Haiti's main airport shuts down amid gang violence surge: US Embassy
Editor's note: This story has been corrected to fix the location where the flight that took gunfire originated. It departed from Florida. The main airport in Haiti is shut down after gang violence ...Politics - The Hill - November 11 -
UCF fires defensive coordinator Ted Roof: Knights part with key assistant amid five-game losing streak
Roof was in his first season with the Knights, who are 1-4 in Big 12 playSports - CBS Sports - October 28 -
Florida State coach Mike Norvell fires offensive, defensive coordinators amid disappointing 1-9 start to 2024
FSU offensive coordinator Alex Atkins, defensive coordinator Adam Fuller and wide receivers coach Ron Dugans have all been relieved of their dutiesSports - CBS Sports - November 10 -
Trump nominates Elon Musk and Vivek Ramaswamy to lead new efficiency department to ‘restructure federal agencies’ – live
Tesla CEO and onetime Republican presidential hopeful put forward to lead department to ‘dismantle government bureaucracy’ . Trump’s cabinet picks and likely contenders so far Joe Biden is ...World - The Guardian - November 13 -
Pete Hegseth’s ‘Fox & Friends Weekend’ co-hosts come to his defense amid allegations
Pete Hegseth’s co-hosts on “Fox & Friends Weekend” defended his character after Sherillyn Ifill, a former NAACP Legal Defense Fund president, declared the Secretary of Defense nominee was a “white ...Politics - The Hill - November 17 -
Alibaba posts profit beat as China looks to prop up tepid consumer spend
The results come at a tricky time for Chinese commerce businesses, given the broad sluggishness in the world's second-largest economy.Business - CNBC - November 15 -
Daniels continues scoring surge with 25 points as Hawks beat Wizards and move to 2-0 in NBA Cup
Dyson Daniels continued his scoring surge with 25 points and the Atlanta Hawks beat the Washington Wizards 129-117 to improve to 2-0 in the NBA CupSports - ABC News - November 15 -
Antetokounmpo gets triple-double as surging Bucks beat slumping Pacers 129-117 in NBA Cup play
Giannis Antetokounmpo had 37 points, 11 assists and 10 rebounds for his second triple-double in his last four games, and the Milwaukee Bucks beat the Indiana Pacers 129-117 on FridaySports - ABC News - Yesterday