Company Swings Profit

Toast’s stock soars after company swings to profit and revenue beats estimates

Toast Inc.’s stock soared in after-hours trade Thursday, after the digital-payment platform for restaurants posted better-than-expected revenue for the third quarter, offsetting a profit miss.

Business - MarketWatch - 2 hours ago

Reddit shares soar after company turns first-ever profit

Monthly users rose by nearly half thanks to AI translation feature, and deals for AI training with Google and OpenAI boosted revenue. Reddit on Tuesday reported a quarterly profit for the first ...

World - The Guardian - October 30

OpenAI Speaks to California Attorney General About Becoming For-Profit Company

A new report says CEO Sam Altman’s efforts to shed its nonprofit AI research lab status are moving forward.

Business - Inc. - 2 days ago

Deutsche Bank shares shed 3% as lender's swing back to profit fails to impress

The partial release of 440 million euros of litigation provisions in the third quarter helped boost profit, Deutsche Bank said.

Business - CNBC - October 23

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 - 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

Here’s a sign that profit growth for America’s biggest companies might be about to take off

Corporate executives are dropping hints that the pace of profit growth could be poised to take off in 2025, according to a team of analysts at Bank of America Global Research.

Business - MarketWatch - October 29

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 company

Tech - ABC News - October 30

Exxon Mobil’s profit beat offsets revenue shortfall in first quarter after Pioneer Natural deal

Exxon Mobil Corp.’s third-quarter earnings on Friday showed a profit beat that offset a revenue miss, while the company boosted its quarterly dividend by 4%.

Business - MarketWatch - 6 days ago

Archer Daniels’ stock slides 8% on profit warning as company says it will restate past financials

Archer Daniels Midland Co.’s stock tumbled 6% early Tuesday, after the food-processing and ethanol giant published guidance for the third quarter that lags estimates and said it would restate prior ...

Business - MarketWatch - 2 days ago

Donald Trump’s Trusted Overcoat Makes an Appearance

Temperatures fell this weekend, and Donald Trump reached for a familiar sartorial security blanket on the last leg of his campaign trail.

Lifestyle - The New York Times - 3 days ago

Will the election swing the economy?

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story The economy could be the election’s make-or-break issue The results of the ...

Politics - The Hill - 2 days ago

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