Fitch’s Profit - QuikReader

Google's moneymaking machine still pumping out massive profits despite multiple threats

Google is still thriving while the company navigates through a pivotal shift to artificial intelligence and battles regulators trying to topple its internet empire

Tech - ABC News - October 29

Reddit’s stock soars after social-media platform turns a profit, beats Q3 sales and earnings estimates

Reddit said Tuesday that it turned a profit in its third quarter — a first for the social-media platform since becoming a public company earlier this year.

Business - MarketWatch - October 30

Standard Chartered lifts income guidance again after beating third-quarter profit forecasts

The lender, which derives most of its revenue from Asia, saw pre-tax profit jump of 37% from the $1.32 billion posted a year ago.

Business - CNBC - October 30

Volkswagen CFO says 64% drop in profits shows ‘urgent need’ for cost cuts

The German car maker reported a sharp 12% drop in its sales in China as it said it profits were hit by higher fixed costs and €2.2 billion worth of restructuring expenses

Business - MarketWatch - October 30

Eli Lilly stock tumbles after drug giant misses estimates and slashes profit guidance

Skyrocketing demand for weight loss and diabetes drugs has forced Eli Lilly and Novo Nordisk, to invest billions to increase manufacturing capacity.

Business - CNBC - October 30

Biogen tops estimates, raises profit guidance as Alzheimer's drug Leqembi gains traction

Leqembi, along with rare disease and depression treatments, helped offset a year-over-year decline in revenue for the company's multiple sclerosis products.

Business - CNBC - October 30

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

Reddit’s Sees First-Ever Profit as Explosive User Growth and AI Tools Help it Soar

The social discussion platform beat Wall Street analyst forecasts, with quarterly sales results better than 10 percent above estimates.

Business - Inc. - October 30

Reddit stock price soars after social media player reports rare profit

Reddit's stock leaps nearly 40% after the social media company reported a quarterly profit amid strong user growth.

Ceramic mugs, condiment bars and comfier seats are coming to more Starbucks stores, as new CEO looks to re-caffeinate sales

Starbucks Corp. on Wednesday said its latest quarterly results “do not reflect the strength of our brand,” and said it needed to make fundamental changes to bring back customers.

Business - MarketWatch - October 31

Latest in Fitch’s Profit

Google's moneymaking machine still pumping out massive profits despite multiple threats

Reddit’s stock soars after social-media platform turns a profit, beats Q3 sales and earnings estimates

Standard Chartered lifts income guidance again after beating third-quarter profit forecasts

Volkswagen CFO says 64% drop in profits shows ‘urgent need’ for cost cuts

Eli Lilly stock tumbles after drug giant misses estimates and slashes profit guidance

Biogen tops estimates, raises profit guidance as Alzheimer's drug Leqembi gains traction

Reddit's explosive user growth and AI tools help it soar to its first profit as a public company

Reddit’s Sees First-Ever Profit as Explosive User Growth and AI Tools Help it Soar

Reddit stock price soars after social media player reports rare profit

Ceramic mugs, condiment bars and comfier seats are coming to more Starbucks stores, as new CEO looks to re-caffeinate sales

Meta's third-quarter profit surges 35% reflecting strong ad revenue and its AI push

Oil giant Shell posts $6 billion profit beat, launches new share buyback program

Peloton raises its full-year profit guidance, but expects the holiday quarter to be softer than expected

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