Latest in Earnings Come Higher
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Apple cautious on holiday outlook as it starts AI rollout
Shares fall despite solid earnings as analysts weigh impact of new ‘Apple Intelligence’ featuresBusiness - Financial Times - November 1 -
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 quarterBusiness - Financial Times - October 31 -
Expect Higher Costs for Your Health Care Benefits Next Year
Employers are predicting an increase of as much as 9 percent, on average, but are generally avoiding passing along much of that to their employees, industry groups say.Business - The New York Times - November 1 -
Jobless rate ticks higher in October for white Americans, bucking the broader trend
The unemployment rate for white workers crept higher in October, running counter to the overall trend.Business - CNBC - November 1 -
10-year Treasury yield ends lower after strong auction as investors await election results
Long-dated Treasury yields erased their rise to end lower Tuesday following an auction of 10-year notes that met solid demand as investors awaited the outcome of the U.S. presidential election.Business - MarketWatch - 3 days ago -
Oil ends higher for a fifth straight session as traders await U.S. election results
Oil futures settled Tuesday with a fifth straight session gain as investors awaited the outcome of a contentious and close U.S. presidential election and weighed developments in the Middle East.Business - MarketWatch - 3 days ago -
How Trump has succeeded in drawing higher voter turnout
NBC News' Chuck Todd takes a look at how former President Trump has worked to help draw higher voter turnout from his supporters and how trend lines seem similar to his 2016 victory.Top stories - NBC News - 3 days ago -
Weekly mortgage demand tanks 11% as interest rates surge higher
Total mortgage application volume dropped 10.8% compared to the previous week, according to the Mortgage Bankers Association's seasonally adjusted index.Business - CNBC - 3 days ago -
Ozempic maker Novo Nordisk nudges higher profit forecast
Novo Nordisk on Wednesday nudged higher its outlook for the year as the drugmaker registered another quarter of strong sales of its weight-loss drugs.Business - MarketWatch - 3 days ago -
Mortgage rates surge higher on Trump victory, causing housing stocks to fall
Lennar, D.R. Horton and PulteGroup were all down Wednesday. Retailers Home Depot and Lowe's were also lower.Business - CNBC - 2 days ago -
Mortgage rates jump after Trump defeats Harris
Mortgage rates rose Wednesday morning as the financial markets reacted to Republican nominee Donald Trump winning the presidential election.Business - MarketWatch - 3 days ago -
Lumen reveals latest numbers around AI deals, and stock leaps higher
Lumen’s CFO says an additional $3.5 billion in AI business “really allows us to go after the capital structure and actually reduce debt.”Business - MarketWatch - 2 days ago -
Could Trump’s Tariffs Lead to Higher Prices? Here’s What to Know.
The president-elect says that tariff is “the most beautiful word in the dictionary.” You may be hearing it a lot.Business - The New York Times - 2 days ago -
Oil prices end higher as traders weigh potential Trump policies
Oil futures finished higher on Thursday, recouping their losses from a day earlier and then some, as traders continued to tackle uncertainty surrounding incoming U.S. President Donald Trump’s ...Business - MarketWatch - Yesterday -
DoubleLine's Gundlach says expect higher rates if Republicans also win the House
DoubleLine's Jeffrey Gundlach said interest rates could shoot higher if Republicans end up controlling the House and securing a governing trifecta.Business - CNBC - Yesterday -
Upstart’s return to ‘growth mode’ helps send the AI lending stock higher
Loan volumes picked up 43% on a sequential basis.Business - MarketWatch - Yesterday -
Airbnb Posts Higher Third-Quarter Revenue as Travel Demand Accelerates
The short-term rental company posted higher revenue in the third quarter as North American travel trends improved.Business - The Wall Street Journal - Yesterday -
Upstart’s stock roars higher. Here’s why analysts say the tide is turning.
Analysts say the AI lender is on a better track is it benefits from an improved interest-rate climate, funding partnerships and “solid” credit trends.Business - MarketWatch - Yesterday -
This $4 Billion Mall Deal Could Hit Retailers With Higher Rents
The giant private equity firm Blackstone bought a shopping center landlord, and rents at strip- and mini-malls will likely climb, hitting grocers, pharmacies, and retailers in urban areas.Business - Inc. - 23 hours ago -
Verizon-Frontier deal goes to the wire as investors demand higher price
Telecoms group offered rich premium in $20bn deal but some shareholders may hold out for moreBusiness - Financial Times - 23 hours ago -
Russia Explores Plan to Merge Oil Giants Into Mega Producer
The resulting company would be the world’s second-largest crude producer, behind Saudi Arabia’s Aramco, and would pump almost three times the output of Exxon Mobil.World - The Wall Street Journal - 12 hours ago -
Qatar Tells Hamas Leaders To Leave
The Gulf state’s move comes after more than a year of trying to leverage the group’s presence to broker a cease fire with Israel.World - The Wall Street Journal - 3 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 othersWorld - Financial Times - October 18 -
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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 -
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 - October 29 -
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 - October 30 -
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 - October 30 -
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 - October 31 -
Airbus Revenue, Earnings Beat Forecasts
Airbus posted earnings and revenue above analysts’ expectations, highlighting diverging fortunes with Boeing a week after the beleaguered company reported a multibillion-dollar loss.Business - The Wall Street Journal - October 30 -
Amazon shares pop on earnings beat, cloud growth
The company's cloud and advertising units showed strong growth.Business - CNBC - October 31 -
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Danny Amendola’s ‘DWTS’ Lift Inspires TikTok Dance Trend
Danny Amendola’s smooth lift on “Dancing With the Stars” spawned numerous imitators (with varying results). TikTok cautions users that it can be dangerous.Lifestyle - The New York Times - October 24