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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 - October 31
Microsoft Earnings Show Quarterly Revenue Is Up 16% to $65.6 Billion

The company’s profit increased 11 percent to $24.7 billion, beating Wall Street’s expectations and its own predictions.
Tech - The New York Times - October 30
Meta Earnings Show Revenue Increase, Even as Spending Spree Continues

The Silicon Valley company, which owns Facebook, Instagram and WhatsApp, said it does not plan to slow down its investments anytime soon.
Business - The New York Times - October 31
Robinhood earnings disappoint Wall Street despite company’s upward trajectory

The online brokerage’s third-quarter earnings missed analyst forecasts for both revenue and earnings per share.
Business - MarketWatch - October 31
Coinbase’s stock falls nearly 5% as earnings fall short of estimates

Coinbase Global Inc.’s stock fell in after-hours trading Wednesday, after the cryptocurrency exchange’s third-quarter profit and revenue fell short of estimates.
Business - MarketWatch - October 31
Freeman earns World Series MVP after historic run

Freddie Freeman set the course in the Dodgers' run to the championship with a historic grand slam -- and kept right on swatting his way to World Series MVP.
Sports - ESPN - October 31
Merck’s stock slides as Q3 earnings beat estimates, but company lowers guidance

Merck’s stock fell Thursday morning, despite the company beating profit and sales estimates for the third quarter.
Business - MarketWatch - October 31
Shell Earnings Beat Views as Gas Trading Offsets Low Oil Prices

Shell’s earnings topped market views thanks to its gas and upstream divisions, partly offsetting low oil prices and weak refining margins that have hit energy majors’ results over the third quarter.
Business - The Wall Street Journal - October 31
Uber logs an earnings beat — but misses on a closely watched industry metric

Uber’s stock is falling after a miss on gross bookings, which measures the dollar value of things like rides and delivery orders.
Business - MarketWatch - October 31
Bristol Myers’s stock pops as earnings top estimates and company raises guidance

The company says it “made important strides in the third quarter.”
Business - MarketWatch - October 31

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