Forecasts Weak Results

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 - 5 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 - 21 hours ago

Nintendo profit plunges 69% as it cuts forecast for sales of ageing Switch console

Investors are waiting for news surrounding a successor to the Switch which they hope will re-energize Nintendo's gaming business.

Business - CNBC - 4 hours ago

Nintendo cuts profit guidance on reduced Switch sales forecast

Nintendo on Tuesday trimmed its sales and profit guidance for the March-ending fiscal year, citing reduced demand for the Nintendo Switch.

Business - MarketWatch - 11 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 - 6 hours ago

Trump takes swipe at 'weak and soft' Fox News over upcoming Harris interview

Former President Trump seemingly mocked Fox News Monday evening, after the network announced that Vice President Harris agreed to sit for an interview, calling the outlet "weak and soft." "Lyin’ ...

Politics - The Hill - October 15

'You can't show weakness' - why African leaders maintain secrecy around their health

There is a long history of African leaders hiding or lying about their health to keep rivals at bay.

‘We look strong but inside I feel weak’: Ukraine rugby league’s heavy burden

Despite being bombed, the national players are a source of pride as they travel to France for World Cup qualifiers. By Gavin Willacy for No Helmets Required . A little over two weeks ago, Vitalii ...

World - The Guardian - October 22

There are still banks prone to the runs that brought down SVB and Credit Suisse, regulators warn

The Financial Stability Board, an international body of global regulators, delved into the issues that brought about the collapse of Credit Suisse, the failure of SVB, Signature and First Republic, ...

Business - MarketWatch - October 23

Crocs’ stock tumbles 18% as earnings beat is offset by continued weakness at HeyDude brand

Crocs Inc.’s stock tumbled 16% Tuesday after the casual-footwear company’s better-than-expected third-quarter earnings were derailed by continued weakness at its HeyDude brand and a warning that it ...

Business - MarketWatch - October 29

Bond traders shake off weak jobs report, send 10-year Treasury yield to 4-month high

Long-dated Treasury yields ended at their highest levels since early July on Friday as traders looked past October’s nonfarm-payrolls report, which came in well below expectations.

Business - MarketWatch - 4 days ago

Weak jobs data can’t stop 10-year yield’s climb as stock-market rally lost steam

Bond-market traders shook off Friday’s weak nonfarm payrolls report for October by sending the benchmark 10-year yield to its highest level since early July, which may have sapped some momentum out ...

Business - MarketWatch - 3 days ago

Marqeta’s stock may shed a third of its value as these factors spur weak outlook

The fintech company’s forecast fell short of prior guidance as some customers are moving to in-house solutions and others are reacting to heightened banking regulations.

Business - MarketWatch - 19 hours ago

Goldman Sachs beats on profit and revenue as stock trading and investment banking boost results

Wall Street trading and investment banking has helped the big banks this quarter, and Goldman Sachs results showed why they are a leader in those areas.

Business - CNBC - October 15

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