Latest in Profit Soars
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Kuaishou Posts Profit, Revenue Growth, Meeting Estimates
The Chinese short-video app operator reported in-line results on advertising strength, even as it continued to face challenges in its e-commerce business.Business - The Wall Street Journal - November 20 -
Britvic Profit Rises on Strong Demand, Brazil Performance
The U.K. soft-drinks company said the preliminary results were due to strong demand for Pepsi and Tango, as well as improved trading in Brazil.Business - The Wall Street Journal - November 20 -
STMicroelectronics Sees Slowing Sales and Profit Growth
STMicroelectronics delayed a key sales target it hoped to hit much earlier, and cut its gross margin forecast, as the chip inventory glut that has plagued the industry in recent years continues to ...Business - The Wall Street Journal - November 20 -
Target shares tumble as retailer’s holiday forecast disappoints
US retailer blames muted sales of non-essential items and rising costsWorld - Financial Times - November 20 -
JD Sports Expects Profit at Lower End of Guidance
The sneaker and fashion retailer trimmed its outlook after alerting of trading volatility due to higher promotional activity and mild weather in key markets.Business - The Wall Street Journal - November 21 -
Kingfisher Narrows Profit Forecast After Sales Miss
Kingfisher said recent political and macroeconomic events are adding further uncertainty to its outlook after it posted worse-than-expected quarterly sales and narrowed down its profit guidance.Business - The Wall Street Journal - 4 days ago -
Robot dog could sniff out profits for farmers
A gamma ray detector on the dog is being used to make fasters and better soil quality assessments.Top stories - BBC News - 4 days ago -
Meituan's Profit Triples as Revenue Grows Despite Competition
The Chinese food-delivery giant’s profit more than tripled in the third quarter as revenue jumped.Business - The Wall Street Journal - 19 hours ago -
Roblox’s stock soars on third-quarter bookings beat and raised guidance
Roblox shares rose after the online gaming company reported better-than-expected third-quarter bookings and raised its full-year guidance.Business - MarketWatch - October 31 -
The Papers: 'Markets turn on Reeves' and 'soaring cost of sickness claims'
Investors' reactions to the Budget and forecasts for the cost of sickness benefits lead the papers.Top stories - BBC News - November 1 -
Wayfair customers are more price conscious, have cut spending as election nears
Wayfair’s stock turned lower as some downbeat comments about the home-goods seller’s customers followed an earnings beat.Business - MarketWatch - November 1 -
Death toll in Spain soars to more than 150 following severe flooding
The death toll in Spain has risen to more than 150 people after torrential rain caused severe flooding. The city of Valencia has been declared a disaster zone and officials are warning the ...Top stories - NBC News - November 1 -
With ‘season on the line,' Garrett Wilson and Davante Adams sparked Jets, Aaron Rodgers. Now what?
Rodgers and his two star wideouts finally clicked in the second half of Thursday's win. But do the Jets have enough time to dig out of a hole this season?Sports - Yahoo Sports - November 1 -
Move over Black Friday: Consumer interest in 'Travel Tuesday' soars
Search interest for "Travel Tuesday" rose more than 500% over the last two years, according to a report published Thursday by McKinsey & Company.Business - CNBC - November 4 -
Taiwan’s soaring energy prices and growing outages hit chipmaker TSMC
Industry loses competitiveness as government struggles to afford cheap-power incentivesWorld - Financial Times - November 5 -
Wall Street and bitcoin soar to record highs as Trump wins US election
Dollar up and renewable energy stocks down, while shares in president-elect’s media business rise by more than a third. Analysis: Trump policies mean higher prices Business live – latest ...World - The Guardian - November 6 -
Bank stocks soar as Trump victory expected to lead to looser regulatory backdrop
Banks have been pushing all year to loosen capital requirements and are also expected to benefit from potential tax cuts.Business - MarketWatch - November 6 -
Oil prices end with a modest loss as Trump’s win lifts the dollar
Oil futures finished lower Wednesday, but pared much of the earlier losses that pulled U.S. prices briefly below $70 a barrel, as traders weighed the potential impact of former President Donald ...Business - MarketWatch - November 6 -
Trump Win Sends Trump Media and Tesla Shares Soaring
Companies linked to the president and his prominent supporter Elon Musk shot up after the election, as did U.S.-focused small cap shares.Business - Inc. - November 6 -
Dow soars as these areas are ‘likely market winners’ of potential Republican sweep
Stocks surged Wednesday after Donald Trump won the U.S. election.Business - MarketWatch - November 6 -
Lyft shares soar 20% on results and autonomous-vehicle partnership
Lyft reported third-quarter sales that beat expectations while offering an upbeat demand forecast, after the ride-hailing platform earlier in the day announced an autonomous-vehicle partnership ...Business - MarketWatch - November 7 -
Chinese exports soar as Beijing prepares for trade tensions with Trump
China could respond to aggressive new tariffs with bigger stimulus action or currency depreciation, say analystsWorld - Financial Times - November 7 -
Private jet emissions soar almost 50% in four years
High use of aviation ‘taxis’ for big events such as World Cup, Davos — and climate summits, study findsWorld - Financial Times - November 7 -
AppLovin, top tech stock of the year, soars another 46% on earnings beat
AppLovin was already the best-performing tech stock of 2024, and that was before the stock popped on a big earnings beat.Business - CNBC - November 7 -
WK Kellogg’s stock soars as strength in granola and premium cereals boosts sales
WK Kellogg Co.’s stock was enjoying a record rally on Thursday, after the cereal company beat third-quarter earnings expectations as strength in premium granola sales helped mitigate ...Business - MarketWatch - November 7 -
Haitian activists demand halt to deportations as gang violence and poverty soar
Haitian activists are demanding that other countries temporarily stop deportations to their country given a surge in gang violence and deepening povertyWorld - ABC News - November 7 -
FirstFT: Trump’s first appointment
Also in today’s newsletter, Fed cuts rates and Citi revamps wealth banker payWorld - Financial Times - November 8 -
IAG Earnings Soar Above Market Views on Strong Demand
The British Airways owner said earnings rose ahead of expectations with solid demand driving an increase in revenue.Business - The Wall Street Journal - November 8 -
Rheinmetall Posts Soaring Sales, Shrugs off Political Instability Concerns
The German arms maker posted a 39.5% increase in sales, as it consolidated its place as one of Europe’s main ammunition and weapon suppliers.Business - The Wall Street Journal - November 7 -
Trump calls for investigation of 'rumors' he plans to sell Trump Media stock
Donald Trump, majority owner of the Truth Social operator Trump Media, defeated Kamala Harris in the 2024 presidential election.Business - CNBC - November 8 -
Dogecoin soars as altcoins look to benefit from Trump presidency
Dogecoin has been among the leaders of the crypto rally over the past week, as Elon Musk, a longtime supporter of the altcoin, seems to be exerting more influence on Donald Trump’s presidential ...Business - MarketWatch - November 11
