Cuts Forecast - QuikReader

Equinor's Key Profit Measure Lags Forecasts on Lower Oil Prices and Volumes

The Norwegian energy major reported a sharper-than-expected decline in underlying profit for the third quarter as a drop in oil prices and sales volumes offset resilient gas production.

Business - The Wall Street Journal - October 24

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

Germany’s five-year tax haul to fall nearly €60bn short of forecast

Gloomier economic predictions will increase budgetary strains and government coalition tensions

Business - Financial Times - October 24

Election forecaster moves Nebraska Senate race slightly toward independent challenger

An election forecaster moved Nebraska’s contentious Senate race slightly toward Sen. Deb Fischer’s (R) challenger, Independent candidate Dan Osborn. Sabato's Crystal Ball shifted the Senate contest ...

Politics - The Hill - October 24

Hurricane Kristy strengthens into a Category 5 storm in the Pacific Ocean, forecasters say

World - ABC News - October 24

English councils forecast £9.3bn deficit in three years, analysis shows

Bennett Institute research underlines scale of strains social care placing on local government financing

Business - Financial Times - October 25

How are investors preparing for the Budget?

Executives are seeking to minimise their exposure ahead of what could be the biggest tax-raising statement for a generation

Business - Financial Times - October 29

AMD shares fall as forecast fails to impress despite strong AI growth

AMD shares are up about 20% so far in 2024, although rivals such as Nvidia and Broadcom have had much greater gains during the same period, driven by AI chips.

Business - CNBC - 6 days ago

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 - 6 days ago

UBS smashes forecasts with bumper profit, warns of volatility around U.S. elections

The Swiss bank’s profits were boosted by the ongoing integration of wealth management accounts previously run by its main rival Credit Suisse

Business - MarketWatch - 6 days ago

What's the home equity loan interest rate forecast for November 2024?

Home equity loan interest rates could fall, but they might not be worth waiting for. Here's everything to know.

Budget boost to UK economy forecast to fade after two years

The government's official forecaster raises its prediction for UK growth in 2024 and 2025 but reduces it for later years.

October jobs forecast shaved to 110,000 after Boeing strike and hurricanes

The final U.S. jobs report before the presidential election is expected to be a crummy one, but it’s not Washington’s doing. Instead, a major strike at Boeing and a pair of deadly hurricanes would ...

Business - MarketWatch - 5 days ago

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 technology

Business - Financial Times - 5 days 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 days ago

Microsoft's stock has worst day in two years after disappointing forecast

Microsoft's stock fell more than 6% on Thursday after guidance fell short of analysts' estimates.

Business - CNBC - 4 days ago

Forecasters scare up record-high temperatures for Halloween in the Northeast

As record-breaking high temperatures were expected Wednesday, snow blanketed the mountaintops of Hawaii and residents of the Great Plains were bracing for tornadoes.

AI demand drives growth and higher spending at Amazon’s cloud business

Ecommerce company’s shares rise as it also gives an upbeat forecast for the holiday quarter

Business - Financial Times - 4 days ago

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 - 5 days ago

Apple cautious on holiday outlook as it starts AI rollout

Shares fall despite solid earnings as analysts weigh impact of new ‘Apple Intelligence’ features

Business - Financial Times - 4 days ago

Amazon crushed it in e-commerce and cloud, forecast an impressive holiday quarter

We're reiterating our 1 rating and raising our price target to $240 price target from $220.

Business - CNBC - 4 days ago

Spain floods disaster: death toll rises to 205 as extra troops mobilised

Weather agency says four regions remain on amber alert because of risk of rain and storms. The death toll from the floods in Spain this week has risen to 205, as residents in the Valencia region ...

World - The Guardian - 4 days ago

Marqeta shares plunge more than 30% on big forecast miss

Marqeta shares plummeted after the company's forecast for the fourth quarter fell shy of analysts' expectations.

Business - CNBC - 20 hours ago

Harris takes razor-thin lead in final Nate Silver forecast

Vice President Harris took a razor-thin lead against former President Trump in Nate Silver's final forecast of the 2024 election, with the veteran pollster saying the race is "literally closer than ...

Politics - The Hill - 5 hours ago

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.

BBC to cut 155 roles from news operation

Broadcaster hopes move will save £24mn from budget, according to internal memo sent to staff

Business - Financial Times - October 15

Reeves eyeing £40bn in tax rises and spending cuts

Filling the £22bn financial "black hole" would only be enough “to keep public services" still, she told a meeting.

McKinsey Cuts Hundreds From China Workforce

The consulting firm is cutting back on state-linked clients and is working to separate its China operations

Business - The Wall Street Journal - October 17

Ministers complain to Starmer over spending cuts

Some Cabinet members are alarmed at the scale of cuts being sought to plug a rumoured £40bn gap.

Latest in Cuts Forecast