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UPS beat on revenue for the first time in 2 years, even as online sales slowed
UPS’s stock jumps toward a three-month high after earnings beat expectations, with revenue topping forecasts for the first time in nine quarters.Business - MarketWatch - October 24 -
Southwest Airlines profit tops estimates, company expects higher revenue in fourth quarter
Southwest said travel demand remains healthy and it expects unit revenue for the fourth quarter to grow 3.5% to 5.5%.Business - CNBC - October 24 -
Southwest Airlines beats on revenue by a wide margin, names new board members
Southwest reported a relatively big revenue beat and reached an agreement with activist investor Elliott to add new board members.Business - MarketWatch - October 24 -
Musk’s X to undershoot revenue goals from political advertising
Social media platform has raised a fraction of $100mn target and mainly from Trump and RepublicansWorld - Financial Times - 5 days ago -
How This Lender Helped a Founder-Led Company Grow Revenue by 10X
Dwight Funding provided crucial debt financing to Dagne Dover in times of crisis.Business - Inc. - 2 days ago -
McDonald's reverses U.S. same-store sales declines in the third quarter, but E. coli fallout looms
Shares of McDonald's have fallen 6% since its Quarter Pounder burgers were linked to a deadly E. coli outbreak.Business - CNBC - 2 days ago -
McDonald’s CEO apologizes for E. coli outbreak, as fast-food giant’s earnings beat estimates
McDonald’s is encouraged by signs of progress in the third quarter.Business - MarketWatch - Yesterday -
JetBlue’s stock tumbles as downbeat revenue outlook raises risk of more losses
JetBlue’s stock sinks after Q3 results beat expectations but the Q4 revenue outlook disappointed.Business - MarketWatch - Yesterday -
Alphabet shares rise on earnings beats boosted by cloud revenue
Google parent Alphabet reported third-quarter earnings that beat on top and bottom lines.Business - CNBC - Yesterday -
Chipotle misses revenue estimates as same-store sales growth disappoints
Chipotle's same-store sales rose 6% in the third quarter, just missing Wall Street's expectations.Business - CNBC - Yesterday -
FirstFT: Harris calls on America to ‘turn the page’ on Trump
Also in today’s newsletter, Ukraine and Russia hold secret talks, while Alphabet and Reddit shares rise after resultsWorld - Financial Times - Yesterday -
Meta Earnings Show Revenue Increase, Even as Spending Spree Continues
The Silicon Valley company, which owns Facebook, Instagram and WhatsApp, said it does not plan to slow down its investments anytime soon.Business - The New York Times - 18 hours ago -
Microsoft Cloud revenue rises on AI boom but softer outlook weighs on shares
Warnings of slowing Azure growth and rising data centre costs damp initial optimism on tech giant’s quarterly earningsBusiness - Financial Times - 15 hours ago -
Microsoft Shares Slip as Forecast Sparks Concern About AI and Cloud Revenue
The company’s projection points to less growth than anticipated, causing concern about the payoff for its massive AI investment.Business - The Wall Street Journal - 5 hours ago -
Uber reports third-quarter results that beat Wall Street's revenue expectations
Uber reported third-quarter results Thursday that beat analysts' expectations for revenue.Business - CNBC - 1 hour ago -
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 - 4 hours ago -
Perplexity CEO Proposes Revenue Deals for Publishers After Lawsuit
Wall Street Journal parent Dow Jones sued the AI startup this week, alleging copyright infringement.Tech - The Wall Street Journal - October 23 -
Big Ten, SEC in discussions over landmark scheduling agreement with focus on revenue, solidifying CFP spots
College football's two richest and most powerful conferences could face off in a series of "challenge" gamesSports - CBS Sports - October 15 -
Morgan Stanley shares pop 7% after beating estimates for third-quarter profit and revenue
Morgan Stanley has several tail winds in its favor, from high stock values to a rebound in investment banking and strong trading activity.Business - CNBC - October 16 -
Trump family gets 75% of crypto coin revenue, has no liability, new document reveals
Donald Trump's crypto project, World Liberty Financial, published a 13-page paper on Thursday laying out its mission and how tokens get allocated.Business - CNBC - October 17 -
Trump family gets 75% of crypto coin revenue, has no liability, new document reveals
Donald Trump’s crypto project, World Liberty Financial, published a 13-page document Thursday that described its mission and how tokens can be allocated, and that indicated that the Republican ...Top stories - NBC News - October 18 -
Xsolla announces certified parental controls, a boom in Web Shop revenue and expansion in SE Asia
GamesBeat lead writer Dean Takahashi, sat down with Xsolla CMO, Berkley Egenes, to dig into the latest Xsolla news.Tech - VentureBeat - October 21 -
WNBA players only get 9.3% of league revenue — here’s how much NBA, NFL and NHL players get
The WNBA players union officially opted out of its CBA on Monday. Is a $1 million player salary on the horizon?Business - MarketWatch - October 22