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Latest in Posts Third Quarter

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  • Meta’s Reality Labs posts $4.4 billion loss in third quarter

    Meta's Reality Labs unit, which develops augmented and virtual reality technologies, logged an operating loss of $4.4 billion in the third quarter.
    Business - CNBC - 5 days ago

  • World’s largest sovereign wealth fund posts $76 billion in quarterly profit as interest rates fall

    Norway's gigantic sovereign wealth fund on Tuesday reported third-quarter profit of 835 billion Norwegian kroner ($76.3 billion).
    Business - CNBC - October 22

  • American Airlines lifts 2024 profit forecast after sales strategy shift, posts third-quarter loss

    American Airlines raised its profit forecast for the year as CEO Robert Isom said the company's sales strategy shift earlier this year is paying off.
    Business - CNBC - October 24

  • BP shares fall to lowest since 2022 after sharp drop in the oil major's third-quarter profit

    British oil major BP on Tuesday reported its weakest quarterly earnings in nearly four years, weighed down by a slump in crude prices.
    Business - CNBC - 6 days ago

  • Oil giant Shell posts $6 billion profit beat, launches new share buyback program

    British oil giant Shell on Thursday posted a small year-on-year drop in third-quarter profit as a sharp drop in crude prices was offset by higher gas sales.
    Business - CNBC - 4 days ago
  • Saudi oil giant Aramco posts third-quarter profits of $27.5 billion, down 15% from a year earlier

    Saudi oil giant Aramco posts third-quarter profits of $27.5 billion, down 15% from a year earlier

    Saudi Arabian oil giant Aramco has reported third-quarter profits of $27.5 billion, down about 15% from last year as low oil prices ate into its revenues
    World - ABC News - 4 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 - 5 hours ago

  • Oil giant Saudi Aramco posts 15% drop in third-quarter profit but maintains dividend

    Lower global oil prices, weaker demand and prolonged OPEC+ production cuts led by Saudi Arabia continue to impact crude prices.
    Business - CNBC - 4 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
  • China’s economy grows 4.6% in third quarter

    China’s economy grows 4.6% in third quarter

    Lowest figure in year and a half comes as Beijing steps up stimulus efforts
    Business - Financial Times - October 18

  • Tesla Surprises Wall Street With Strong Third-Quarter Results

    The robust performance comes after a tumultuous start to the year in which Tesla’s profit fell for two straight quarters.
    Business - The Wall Street Journal - October 24

  • Hermes outperforms rivals as sales climb in the third quarter

    Luxury goods group Hermes International outperformed rivals as it grew sales despite headwinds in China.
    Business - MarketWatch - October 24

  • Clariant Third-Quarter Profits Miss Expectations

    The chemicals company reported weaker results for the three months through September and cautioned that it didn’t expect a significant economic recovery in 2024 due to persistent economic challenges.
    Business - The Wall Street Journal - October 29
  • Eurozone economy grows 0.4% in third quarter

    Eurozone economy grows 0.4% in third quarter

    Figure beats expectations of 0.2% expansion
    Business - Financial Times - 6 days ago
  • GDP Report Shows US Economy Grew at 2.8% Rate

    GDP Report Shows US Economy Grew at 2.8% Rate

    In a key economic report released just days before the presidential election, gross economic product rose at a 2.8 percent rate in the third quarter.
    Business - The New York Times - 5 days ago
  • US GDP rose at a 2.8% rate in third quarter on strong consumer spending

    US GDP rose at a 2.8% rate in third quarter on strong consumer spending

    Final reading before presidential election was shy of expectations, but shows biggest economy is in robust health
    Business - Financial Times - 5 days ago
  • US economy grew at robust pace in third quarter

    US economy grew at robust pace in third quarter

    U.S. GDP grew at a 2.8% annualized rate over three months ending in September.
    Top stories - ABC News - 5 days ago

  • Amazon's advertising business grew 19% in the third quarter

    Amazon's online advertising business jumped 19% year over year to $14.3 billion in the third quarter.
    Business - CNBC - 4 days ago
  • Johnson announces $27.5M third-quarter fundraising in record for Speaker

    Johnson announces $27.5M third-quarter fundraising in record for Speaker

    Speaker Mike Johnson (R-La.) announced a $27.5 million fundraising haul for the third quarter of the year, a sum that is welcome news for Republicans hoping to keep control of the House as they ...
    Politics - The Hill - October 14

  • TotalEnergies forecasts 66% drop in its third-quarter oil-refining margins

    The French oil company’s warnings comes on the back of a slump in the global market for products including jet fuel, diesel and gasoline that saw BP and Shell post similar warnings last week.
    Business - MarketWatch - October 15
  • LVMH shares down 7% after warning of ‘uncertain’ outlook

    LVMH shares down 7% after warning of ‘uncertain’ outlook

    World’s largest luxury group hit by pullback in Chinese consumer spending
    Business - Financial Times - October 16

  • Chrysler and Jeep maker sees North American deliveries dive 36%

    Europe’s largest car manufacturer Stellantis reported a 20% drop in shipments and a 15% drop in sales in the third quarter of 2024
    Business - MarketWatch - October 16
  • Wall Street banks enjoy bumper fees as debt issuance and deals activity rebound

    Wall Street banks enjoy bumper fees as debt issuance and deals activity rebound

    Morgan Stanley rounds off strong earnings season
    Business - Financial Times - October 16
  • Netflix’s third-quarter revenue and subscriber numbers beat expectations

    Netflix’s third-quarter revenue and subscriber numbers beat expectations

    US streaming service is investing heavily in live sporting events to differentiate from rivals
    Business - Financial Times - October 17

  • China reports third-quarter GDP growth of 4.6%, slightly beating expectations

    Beijing has faced public scrutiny over its ability to meet its own annual growth target of "around 5%."
    Business - CNBC - October 18

  • Chinese Growth Comes in Cooler as Investors Pin Hopes on Stimulus

    Wobbly data for the third quarter underscores challenges for Beijing policymakers seeking to boost economic activity.
    World - The Wall Street Journal - October 18

  • Netflix rose 11% after third-quarter earnings beat

    Netflix saw momentum in its ad-supported membership tier, which surged 35% quarter over quarter.
    Business - CNBC - October 18

  • Munich Re Lifts Outlook Despite Third-Quarter Miss

    Munich Re’s third-quarter net profit missed consensus forecasts due to hurricane losses but the company said it expected to beat its full-year target.
    Business - The Wall Street Journal - October 22

  • 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
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