Latest in Mobil’s Profit
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Reddit shares soar 25% as it turns its first profit
Social media platform says it has attracted nearly 100mn daily active users with its ad tech investments starting to pay offBusiness - Financial Times - 3 days ago -
Snap shares jump 10% on profit beat, stock buyback
Snap reported third-quarter results on Tuesday that beat on the top and bottom lines, but the company issued light fourth-quarter guidance.Business - CNBC - 3 days ago -
Swiss bank UBS smashes third-quarter expectations with $1.4 billion in profit
Swiss banking titan UBS on Wednesday posted a large profit beat, after completing its first wave of client migrations following its integration of collapsed domestic rival Credit Suisse.Business - CNBC - 2 days ago -
Volkswagen profit plunges 42% in third quarter amid sweeping overhaul plans
German automaker Volkswagen on Wednesday reported a 42% drop in operating profit in the third quarter.Business - CNBC - 2 days ago -
UBS smashes forecasts with bumper profit, warns of volatility around U.S. elections
The Swiss bank’s profits were boosted by the ongoing integration of wealth management accounts previously run by its main rival Credit SuisseBusiness - MarketWatch - 2 days ago -
Caterpillar’s stock falls as weak equipment sales lead to a rare profit miss
Caterpillar’s stock fell after a rare profit miss, while revenue was below expectations for a fourth straight quarter.Business - MarketWatch - 2 days ago -
Crypto’s ‘Death Star’ election spending has wowed D.C. Will profits follow?
Digital asset companies are the biggest corporate donors in 2024Business - MarketWatch - 2 days ago -
Reddit shares soar after company turns first-ever profit
Monthly users rose by nearly half thanks to AI translation feature, and deals for AI training with Google and OpenAI boosted revenue. Reddit on Tuesday reported a quarterly profit for the first ...World - The Guardian - 2 days ago -
Meta Earnings Show Revenue Increase, Even as Spending Spree Continues
The Silicon Valley company, which owns Facebook, Instagram and WhatsApp, said it does not plan to slow down its investments anytime soon.Business - The New York Times - Yesterday -
Robinhood earnings disappoint Wall Street despite company’s upward trajectory
The online brokerage’s third-quarter earnings missed analyst forecasts for both revenue and earnings per share.Business - MarketWatch - 2 days ago -
Samsung Electronics' chip profit shrinks 40% from the previous quarter
The semiconductor unit reported third-quarter operating profit of 3.86 trillion won (about $2.8 billion), down 40% from the previous quarter.Business - CNBC - 2 days ago -
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 - 2 days ago -
DoorDash Posts First Quarterly Profit Since IPO, Launches Partnership With Lyft
DoorDash reported its first quarterly profit since going public in 2020, and launched a partnership with Lyft, as the two companies combine forces against common rival Uber.Business - The Wall Street Journal - 2 days ago -
Shell to buy back $3.5bn of shares as profits beat expectations
Gas division is biggest contributor to earnings as liquefied natural gas production risesBusiness - Financial Times - Yesterday -
Dentists are pulling treatable teeth to profit from implants, experts warn
Americans are getting dental implants more than ever — and at costs reaching tens of thousands of dollars. Experts worry some dentists have lost sight of the soul of dentistry: preserving and ...Top stories - CBS News - Yesterday -
BBVA Profit Beats Market Views on Mexico, Spain Growth
Banco Bilbao Vizcaya Argentaria’s third-quarter performance in Spain and Mexico, its key markets, drove its profit above market expectations.Business - The Wall Street Journal - Yesterday -
Danske Bank Lifts Guidance After Net Profit Tops Hopes
The Copenhagen-based bank raised its full-year net profit forecast after reporting a market-beating figure for the third quarter.Business - The Wall Street Journal - Yesterday -
ConocoPhillips stock rises on Q3 earnings profit beat, robust outlook
ConocoPhillips shares rose 2.8% in premarket trades Thursday after the oil giant reported better-than-expected third-quarter earnings and gave robust production guidance.Business - MarketWatch - Yesterday -
Amazon reports boost in quarterly profits, exceeds revenue estimates as it invests in AI
Amazon reported a boost in its quarterly profits Thursday and exceeded revenue estimatesTech - ABC News - Yesterday -
Amazon's cloud unit records highest profit margin in at least a decade
Amazon Web Services delivered an operating margin of over 38%, the highest since at least 2014.Business - CNBC - Yesterday