Investment Cut Profit

Microsoft CFO says OpenAI investment will cut into profit this quarter

Microsoft has invested over $13 billion in OpenAI, a bet that's weighing on the company's profitability.

Business - CNBC - 7 hours ago

Deutsche Bank shares shed 3% as lender's swing back to profit fails to impress

The partial release of 440 million euros of litigation provisions in the third quarter helped boost profit, Deutsche Bank said.

Business - CNBC - October 23

Iberdrola Profit Lifted by Record Investments

Spain’s energy giant Iberdrola posted a 50% rise in net profit for the first nine months of the year helped by record-high investments in its U.S. and U.K. networks.

Business - The Wall Street Journal - October 23

StanChart to double investment in wealth management as profits rise

Wealth business had record quarter as revenues rose 32%

Business - Financial Times - 22 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

Charles Schwab is profiting from customers who want professional help with investing

The brokerage said it is seeing increased inflows into its wealth-management offerings.

Business - MarketWatch - October 15

Deutsche Bank's Investment Bank Performance, Provision Releases Lift Profit

Deutsche Bank reported a better-than-expected rise in its third-quarter profit on growth in its investment-banking division and the partial release of provisions linked to litigation over its ...

Business - The Wall Street Journal - October 23

Reeves cuts National Wealth Fund budget despite UK investment drive

Chancellor’s decision comes as government seeks to work with private sector to decarbonise economy

Business - Financial Times - October 14

Saudi Arabia’s wealth fund pivots from international investments

Public Investment Fund will focus more of its financial firepower on domestic projects

Business - Financial Times - Yesterday

Eni Cuts Profit Outlook on Weak Prices, Lifts Buybacks

Eni lowered its guidance for the year due to a decline in oil prices which also hit the Italian energy major’s third-quarter profits, but said it planned to increase its share buy backs.

Business - The Wall Street Journal - 6 days ago

Mercedes-Benz and Porsche look for cost cuts after China slump hits profits

German carmakers exposed to Asian nation’s economic malaise after benefiting from its booming auto market

Business - Financial Times - 5 days ago

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 - 23 hours ago

Investing in Argentina

The election of Javier Milei has excited investors and raised spirits in the business community. But can Milei deliver on his promises and overcome congressional resistance to deliver the big ...

World - Financial Times - October 23

Investment apps: are they up to scratch?

Beware the time-consuming lure of gut-reaction trading from your handset

World - Financial Times - 6 days ago

Can Labour Climb The Investment Summit?

And, the inquiry into the Salisbury poisonings begins.

Should beginners invest in gold this November?

There are lots of good reasons for new investors to consider buying gold this November. Here's what to know.

Public Investment Fund’s desert mirage

Plus, why Topgolf is parting with its owner and HSBC‘s boss says it isn’t splitting up

World - Financial Times - Yesterday

Titans cutting Jamal Adams

Jamal Adams' brief tenure in Tennessee is coming to an end.

Sports - Yahoo Sports - October 17

UK Treasury chief Rachel Reeves unveils budget with 40 billion pounds in tax hikes, says she'll “invest, invest, invest”

World - ABC News - 20 hours ago

Senegal Plans to Invest About $30.5 Billion In Development

World - Yahoo News - October 14

Citigroup earnings top estimates, but stock falls as bank boosts loan loss reserves

The bank's third-quarter report was stronger than Wall Street expected but still showed a year-over-year decline in earnings.

Business - CNBC - October 15

Why This Venture Capitalist Is Investing in the Founders of the Future

To Wocstar Capital founder Gayle Jennings O’Bryne, the climate tech industry is “boundless.” And she wants to help diverse entrepreneurs get in on the action.

Business - Inc. - October 15

GM raises investment in lithium mine to nearly $1bn

US carmaker seeks to secure supply of metal expected to suffer shortfalls because of rising demand in switch to EVs

Business - Financial Times - October 16

Amazon, Google and Microsoft Are Investing in Nuclear Power

Large technology companies are investing billions of dollars in nuclear energy as an emissions-free source of electricity for artificial intelligence and other businesses.

Business - The New York Times - October 16

Blackstone plans to list some of its largest investments

Sluggish asset sales hit third-quarter profits at world’s biggest private capital group

Business - Financial Times - October 17

Why you should invest in gold before November

Not sure if now is the right time to invest in gold? Here's why you should consider acting before November.

Nvidia to unveil Thailand investment plans in December

World - Yahoo News - October 22

U.S. to Curb AI Investment in China Soon

Some technologies and financial commitments will be blocked, based on President Biden’s 2023 executive order to keep American expertise from helping the Chinese military.

Business - Inc. - October 22

Are 1-ounce gold bars a safe investment this October?

Adding gold to your portfolio can be a wise move, but there are still risks that come with this type of investing.

Habeck: Investment fund to give German economy a boost

World - Yahoo News - October 23

UK competition regulator to probe investment barriers

CMA also warns that price ‘mark-ups’ have risen over past 25 years

Business - Financial Times - October 23

Investment funds circle visual effects group Technicolor

The Paris-based moviemaking tech company is holding talks over a potential sale

Business - Financial Times - October 24

4 big gold investing mistakes to avoid this November

Don't let the rising price of gold lead you to make one of these four costly mistakes.

3 easy ways to invest in gold this November

There are some easy (and safe) ways to invest in gold this November. Here are three of them.

Meet the Top 269 Investment Firms for Founders

Here are the private equity firms, venture capital firms, and lenders that help founder-led companies grow.

Business - Inc. - Yesterday

Biden announces $3 billion investment in U.S. ports

President Biden announced a $3 billion investment to reinvigorate ports across the U.S. Mr. Biden spoke from the Port of Baltimore, not far from the site of the Francis Scott Key Bridge collapse.

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