Earnings Revenue Jumps

Musk’s X to undershoot revenue goals from political advertising

Social media platform has raised a fraction of $100mn target and mainly from Trump and Republicans

World - Financial Times - October 26

How This Lender Helped a Founder-Led Company Grow Revenue by 10X

Dwight Funding provided crucial debt financing to Dagne Dover in times of crisis.

Business - Inc. - October 28

McDonald's reverses U.S. same-store sales declines in the third quarter, but E. coli fallout looms

Shares of McDonald's have fallen 6% since its Quarter Pounder burgers were linked to a deadly E. coli outbreak.

Business - CNBC - October 29

JetBlue’s stock tumbles as downbeat revenue outlook raises risk of more losses

JetBlue’s stock sinks after Q3 results beat expectations but the Q4 revenue outlook disappointed.

Business - MarketWatch - October 29

Chipotle misses revenue estimates as same-store sales growth disappoints

Chipotle's same-store sales rose 6% in the third quarter, just missing Wall Street's expectations.

Business - CNBC - October 30

FirstFT: Harris calls on America to ‘turn the page’ on Trump

Also in today’s newsletter, Ukraine and Russia hold secret talks, while Alphabet and Reddit shares rise after results

World - Financial Times - October 30

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 - October 31

Uber reports third-quarter results that beat Wall Street's revenue expectations

Uber reported third-quarter results Thursday that beat analysts' expectations for revenue.

Business - CNBC - October 31

Uber shares slide on slowing bookings growth

Forecast for customer spending on ride-hailing app fell slightly short of Wall Street’s estimates

Business - Financial Times - October 31

Amazon reports boost in quarterly profits, exceeds revenue estimates as it invests in AI

Amazon reported a boost in its quarterly profits Thursday and exceeded revenue estimates

Tech - ABC News - October 31

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 - 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 quarter

Business - Financial Times - October 31

Universal Music Revenue Beats Forecasts Amid Subscriptions Boost

Universal Music Group posted higher revenue after growth from subscriptions and streaming services exceeded analysts’ expectations.