Carvana Raises Earnings

Carvana raises 2024 earnings guidance after topping Wall Street's Q3 expectations

Carvana said its adjusted EBITDA would be "significantly above the high end" of its previous target of $1 billion to $1.2 billion.

Business - CNBC - 6 hours ago

Pfizer’s earnings crush estimates as company raises guidance

Drug company Pfizer saw strong growth for its heart-disease drugs and migraine treatment.

Business - MarketWatch - Yesterday

Biogen’s stock hit by soft sales of Alzheimer’s treatment

“We continue to see momentum with ongoing product launches and we are increasingly excited about the potential of our pipeline,” the company’s CEO said.

Business - MarketWatch - 11 hours ago

United Airlines raises spending requirements to earn frequent flyer status

United Airlines customers will have to spend and fly more to earn elite benefits next year.

Business - CNBC - 8 hours ago

United Airlines raises spending requirements to earn frequent flyer status

United Airlines customers will have to spend more to reach frequent flyer status next year, the latest move by the carrier to increase profits and give an exclusive feel to the increasingly crowded ...

UBS has just lowered earnings estimates — and raised its S&P 500 target

UBS on Tuesday issued an unusual pairing, reducing its estimates for earnings growth while at the same time lifting its S&P 500 target for this year and next.

Business - MarketWatch - October 15

Abbott Labs beats Q3 sales and earnings expectations, raises full-year outlook

Abbott Laboratories on Wednesday reported better-than-expected third-quarter earnings and sales, boosted by strength in the company’s medical-devices business.

Business - MarketWatch - October 16

We're raising our Morgan Stanley price target after a post-earnings stock surge to record highs

Morgan Stanley's third-quarter beat on the top and bottom lines, with strength seen across the board.

Business - CNBC - October 16

GM stock has best day since 2020 after automaker tops Wall Street's third-quarter expectations, raises guidance

GM's quarterly report comes just two weeks after an investor day in which the company indicated its earnings strength is expected to continue into next year.

Business - CNBC - October 22

Carvana’s stock soars 20% as used-car retailer calls for better times ahead

Online used-car platform blows past Wall Street expectations for its third quarter.

Business - MarketWatch - 7 hours ago

IMF raises 2025 growth forecast

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story IMF sounds death knell over inflation, raises 2025 outlook International Monetary ...

Politics - The Hill - October 22

Business and wealthy bear brunt of £40bn tax increases in UK Budget

Markets unsettled by extent of government borrowing as Rachel Reeves boosts spending

Business - Financial Times - 8 hours ago

Netflix third-quarter subscribers barely beat estimates as ad-tier members jump 35%

Netflix's ad-tier memberships jumped 35%. The company is on track to launch the service in Canada in the coming quarter and more broadly in 2025.

Business - CNBC - October 17

A beginner’s guide to US earnings season

Corporate profits matter, but some results matter more than others

World - Financial Times - October 18

Q3 2024 KeyCorp Earnings Call

Sports - Yahoo Sports - October 18

Tesla shares jump on profit beat, Musk's prediction of at least 20% 'vehicle growth' next year

Tesla reported better-than-expected profit in its third-quarter earnings report on Wednesday.

Business - CNBC - 6 days ago

PayPal shares fall on revenue miss, soft guidance

PayPal reported better-than-expected third-quarter earnings on Tuesday, but revenue came in slightly below expectations.

Business - CNBC - 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 - 12 hours ago

Meta misses on user growth, warns of 2025 jump in AI spending

Meta reported weaker-than-expected user numbers and warned of a significant acceleration in its infrastructure expenses in 2025 in its third-quarter earnings.

Business - CNBC - 5 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 dampen initial optimism on tech giant’s quarterly earnings

Business - Financial Times - 3 hours ago

Democratic voter registration raises red flags for Harris

Democrats’ voter registration advantage has dropped in three key battleground states — Pennsylvania, North Carolina and Nevada — raising a red flag for Vice President Harris as experts cite a lack ...

Politics - The Hill - October 13

Interest rate cut hopes raised as wage growth slows

Expectations of a rate cut next month increase as pay growth slows to its lowest rate for more than two years.

UK to raise bank ringfencing threshold to ‘improve competitiveness’

Wider package of reforms expected ‘as soon as parliamentary time allows’, says minister

Business - Financial Times - October 15

North Korea again raises the specter of nuclear conflict

North Korean leader Kim Jong Un has issued a stark warning that his regime would not hesitate to use nuclear weapons if any adversary attempts to use force against Pyongyang. Developments in the ...

Politics - The Hill - October 15

Adidas Raises Guidance on Better-Than-Expected Results

The German sportswear company cited better-than-expected results for the third quarter and brand momentum.

Business - The Wall Street Journal - October 15

Jackets raise Gaudreau banner on 'emotional night'

Emotions ran high in Columbus on Tuesday night, when the Blue Jackets paid tribute to Johnny Gaudreau and his late brother, Matthew, at their home opener against the Panthers.

Sports - ESPN - October 15

Gladia raises $16M for AI transcription and analytics

Gladia, an AI transcription and audio intelligence provider, has raised $16 million in funding.

Tech - VentureBeat - October 15

GM raises investment in lithium mine to nearly $1bn

US carmaker seeks to secure supply of metal expected to suffer shortfalls because of rising demand in switch to EVs

Business - Financial Times - October 16

Election Day restrictions in Georgia raise red flags

Voters in the battleground state of Georgia are now facing more barriers to casting their ballot, but there are ways around them, experts warned.

ABB Posts Higher Profit, Raises Margin Guidance

The Swiss industrial-technology company’s profit and revenue rose as the electrification business offset weakness in robotics, discrete automation and e-mobility.

Business - The Wall Street Journal - October 17

Debt rule to change to fund major projects

Government claims the move contrasts with former PM Liz Truss's controversial mini-Budget.

Netflix raises prices as boost from password crackdown fades

The streaming giant will charge subscribers more in some countries to fuel growth.

Elon Musk's PAC giveaway raises legal concerns

Elon Musk is giving away big bucks to random voters who sign a petition from his political action committee. But there's a catch — and it's raising concerns about possible campaign finance ...

Celtics raise banner 18 as franchise greats look on

It took 16 years, but the Celtics officially raised banner 18 to the TD Garden rafters Tuesday night, as franchise legends and a sellout crowd looked on.

Sports - ESPN - October 22

A Trump victory would end ‘normal’ politics between UK and US

Keir Starmer defends Labour activists helping Kamala Harris but if former US president wins, such activity could become diplomatic liability

Business - Financial Times - October 23

Heathrow says resumed dividends ‘probable’ as it raises forecasts

Airport’s peak summer season boosted by passengers transiting to Paris for Olympics

Business - Financial Times - October 23

Harris's struggles with young men raise alarms for Democrats

Vice President Harris’s polling with young men is raising alarm bells for Democrats as the campaign works to keep cracks from forming in the party’s coalition less than two weeks out from Election ...

Politics - The Hill - 5 days ago

EU races to prepare for a Trump win

Bloc seeks to bolster aid to Ukraine, sanctions against Russia and trade policy in case Republican is re-elected

Business - Financial Times - 5 days ago

Bus fares to rise to £3 in England under new cap

The new limit replaces the existing £2 cap but some have criticised the decision.

Beleaguered Boeing Sells More Shares to Raise Cash

As a six-week strike drags on, the financially strained planemaker offers more shares to investors as it struggles with its turnaround.

Business - Inc. - 2 days ago

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