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US central bank lowers interest rates by quarter point as new Trump term looms
Rates are now at 4.5% to 4.75%, after two reductions by the Federal Reserve starting in September. The US Federal Reserve lowered interest rates by a quarter point on Thursday, knocking them ...World - The Guardian - November 7 -
Warner Bros. Discovery adds 7.2 million Max subscribers, the streamer's largest single-quarter jump
Warner Bros. Discovery said Thursday its streaming platform Max added 7.2 million global subscribers in the third quarter.Top stories - NBC News - November 7 -
Lucid slightly tops Wall Street's third-quarter expectations amid widening losses
The company's net loss for the third quarter widened to $992.5 million compared to a loss of $630.9 million a year earlier.Business - CNBC - November 7 -
Rivian lowers earnings guidance after missing Wall Street's third-quarter expectations
Rivian Automotive missed Wall Street's third-quarter expectations, including a massive difference in revenue of $116 million.Business - CNBC - November 7 -
Sony’s big games for September quarter are Astro Bot, Ghost of Tsushima and Helldivers 2
Sony reported its quarterly results tonight and it said that third-party games helped it grow operating profits by 2.8 times in the quarter compared to a year ago. The games that took off included ...Tech - VentureBeat - November 8 -
AI startup funding hit a record in the L.A. area last quarter. Here's who got the most money
L.A.-area startups received $1.8 billion in the third quarter, the highest quarterly amount for the region, according to CB Insights. Most of it went to a single company.Entertainment - Los Angeles Times - November 8