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Samsung shares rise on ‘desperate’ buyback plan
First repurchases in seven years are aimed at boosting stock and may help avoid margin call for founding familyWorld - Financial Times - 6 days ago -
Target shares tumble as retailer’s holiday forecast disappoints
US retailer blames muted sales of non-essential items and rising costsWorld - Financial Times - 3 days ago -
Snowflake rockets 32%, its best day ever, after earnings beat
Snowflake reported better-than-expected results on the top and bottom lines.Business - CNBC - 2 days ago -
Centene’s stock soars 11% after earnings sweep past estimates and company backs guidance
Chief Executive Sarah M. London said the company had navigated a “dynamic landscape” in the quarter amid turmoil in the Medicaid business.Business - MarketWatch - October 25 -
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 -
‘It knocks your head off!’ How limoncello became a sudden, surprising, soaring success
The liqueur has gone from being an occasional digestif, served in shot form, to a ubiquitous spritz popular in bars and restaurants from Adelaide to Athens. What’s behind the overnight rise of a ...World - The Guardian - 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 companyTech - 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.Top stories - CBS News - October 30 -
Carvana’s stock soars 20% as used-car retailer calls for better times ahead
Online used-car platform blows past Wall Street expectations for its third quarter.Business - MarketWatch - October 30 -
FirstFT: US consumers continue to spend, spend, spend
Also in today’s newsletter, North Korea fires its longest-ever test missile, and the activists ready to challenge the election resultWorld - Financial Times - October 31 -
United Airlines and Nvidia bookend list of 15 soaring S&P 500 stocks in October
Two airlines and two cruise lines make the list of the month’s best performers in the U.S. benchmark index.Business - MarketWatch - October 31 -
Peloton’s stock soars 30% after company names Apple Fitness+ co-founder as new CEO
Peloton announced the appointment of Peter Stern as new CEO effective Jan. 1. Stern is the co-founder of Apple Fitness+ and has done stints at Ford Motor Co. and Time Warner Cable.Business - MarketWatch - October 31 -
UK borrowing costs soar day after Labour government unveiled tax-raising budget
U.K. bond yields spiked sharply Thursday after the ruling Labour Party unveiled a sweeping package of tax hikes and increased borrowing.Business - CNBC - October 31 -