Latest in Carvana’s Stock Soars
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After a Landmark W.N.B.A. Season, How Much Higher Can Women’s Basketball Soar?
“The finals mark the culmination of what I think is the most transformational year in the W.N.B.A.’s history,” commissioner Cathy Engelbert said.Sports - The New York Times - October 23 -
NHL Power Rankings: Jets soar amid six-game winning streak; Oilers continue to be a mystery
The Jets have been the NHL's hottest team out of the gateSports - CBS Sports - October 23 -
‘It knocks your head off!’ How limoncello became a sudden, surprising, soaring success
The liqueur has gone from being an occasional digestif, served in shot form, to a ubiquitous spritz popular in bars and restaurants from Adelaide to Athens. What’s behind the overnight rise of a ...World - The Guardian - 21 hours ago -
Reddit's explosive user growth and AI tools help it soar to its first profit as a public company
Reddit has turned a profit for the first time as a public companyTech - ABC News - 7 hours ago -
Reddit’s Sees First-Ever Profit as Explosive User Growth and AI Tools Help it Soar
The social discussion platform beat Wall Street analyst forecasts, with quarterly sales results better than 10 percent above estimates.Business - Inc. - 13 hours ago -
FirstFT: Businesses bear brunt of UK Budget tax rises as borrowing costs soar
Also in today’s newsletter, Microsoft and Meta results and Volkswagen’s crisisWorld - Financial Times - 1 hour ago -
China’s Stock Markets Rebound on Promises to Help Businesses
Assurances from government officials on plans to strengthen the private sector offset a lack of specifics about economic stimulus.Business - The New York Times - October 14 -
Gambling stocks hit by fears of UK Budget tax grab
Ladbrokes owner Entain falls 8% while Flutter loses 6%World - Financial Times - October 14 -
These stock-market watchers love this sector — and it’s not technology
My report on stocks and funds popular among top-performing investment newslettersBusiness - MarketWatch - October 14 -
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.Business - MarketWatch - October 15 -
Albertsons’ stock climbs on Q2 earnings and revenue beat
Albertsons Cos. Inc. shares are up 1% in premarket trades Tuesday after the grocery chain reported better-than expected second-quarter revenue and earnings.Business - MarketWatch - October 15 -
Has America lost its shame?
The brazenness of US politicians in the face of scandals is a defining feature of the eraBusiness - Financial Times - October 16 -
Musk gives $75mn boost to Trump’s presidential run
World’s richest man aims to sway outcome of November election with donationBusiness - Financial Times - October 16 -
Pound falls as UK inflation declines more than expected to 1.7%
First reading below Bank of England’s target in 3 years opens door to more rate cuts this yearBusiness - Financial Times - October 16 -
LVMH stock falls on slumping luxury sales in China
LVMH Moët Hennessy Louis Vuitton said a slowdown in Chinese spending had hit its third quarter salesBusiness - MarketWatch - October 16 -
Biotech stock tumbles after unexplained 1,446% gain
Bright Minds Biosciences, which until this week had a lightly traded stock that traded at just over $1, tumbled in premarket trade on Wednesday following a meteoric rise.Business - MarketWatch - October 16 -
LVMH Results Cast Cloud on Luxury Stocks
European luxury stocks fell after third-quarter results from industry bellwether LVMH dashed hopes that a sector recovery is under way and renewed concerns over the Chinese market.Business - The Wall Street Journal - October 16 -
UK to consult on ‘opt-out’ AI content scraping in blow to publishers
Decision follows months of lobbying from tech sector and creative industriesBusiness - Financial Times - October 16 -
Lebanon feels it is being punished for a decision Hizbollah made
Civil society has sprung into action but the overwhelming sense of solidarity may be hard to sustainBusiness - Financial Times - October 16 -
Expedia stock jumps on report of acquisition interest by Uber
Shares of Expedia Group Inc. jumped more than 7% in after-hours trading Wednesday after the Financial Times reported Uber Technologies Inc. was considering a bid to buy the online travel company.Business - MarketWatch - October 17 -
Does the Stock Market Want Trump to Be President?
Election odds favor Trump over Harris, but investors actually care about the Fed and economic data more than the White House.Business - Inc. - October 17 -
The index fund cushion is an equal opportunity booster for stocks
S&P 500 index and ETF money is oblivious to stock valuations of any kind and ignorant to upgrades and downgrades.Business - CNBC - October 20 -
Why Chinese Are Rushing Into a ‘Casino’ Stock Market
Steps to bolster the economy have set off a stock buying frenzy. Our columnist spoke to Chinese investors about why they are jumping in knowing the risks.Business - The New York Times - October 21 -
IBM stock slips on disappointing consulting and infrastructure revenue
IBM's critical software category performed well due to Red Hat's gains, but the consulting and infrastructure segments pulled down overall results.Business - CNBC - October 24 -
Japan’s stock market is producing too many ‘punycorns’
The country urgently needs a vibrant business pipeline to replace the unicorn’s unambitious cousinWorld - Financial Times - October 23 -
Seadrill stock jumps on report of talks with Transocean
Shares of Seadrill rallied early Thursday after a report the offshore drilling company is in talks to merge with Transocean.Business - MarketWatch - 6 days ago