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284 items
  • Meta Earnings Show Revenue Increase, Even as Spending Spree Continues

    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 - October 31

  • 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 - October 31
  • Shell to buy back $3.5bn of shares as profits beat expectations

    Shell to buy back $3.5bn of shares as profits beat expectations

    Gas division is biggest contributor to earnings as liquefied natural gas production rises
    Business - Financial Times - October 31

  • 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 - October 31

  • 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 - October 31

  • 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 - October 31

  • 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 - October 30

  • 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 - October 30

  • 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 - October 30

  • 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 - October 30
  • Reddit shares soar after company turns first-ever profit

    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 - October 30

  • Crypto’s ‘Death Star’ election spending has wowed D.C. Will profits follow?

    Digital asset companies are the biggest corporate donors in 2024
    Business - MarketWatch - October 30
  • Google’s strong earnings boosted by cloud computing gains

    Google’s strong earnings boosted by cloud computing gains

    Parent company Alphabet’s shares rise 6% as results show lift from AI demand
    Business - Financial Times - October 30

  • 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 Suisse
    Business - MarketWatch - October 30
  • Reddit shares soar 25% as it turns its first profit

    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 off
    Business - Financial Times - October 29
  • Fiona Hill: Musk, Trump 'all about their own profits and power'

    Fiona Hill: Musk, Trump 'all about their own profits and power'

    Former National Security Council (NSC) adviser Fiona Hill said in a new interview that former President Trump and tech billionaire Elon Musk are “all about their own profits and power.” As two ...
    Politics - The Hill - October 29

  • 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 - October 29

  • Adani Enterprises profit rockets on growing airports and green business

    Quarterly results boost Gautam Adani’s conglomerate as it seeks to bounce back from damaging allegations
    World - Financial Times - October 29

  • McDonald's reverses U.S. same-store sales declines in the third quarter, but E. coli fallout looms

    Shares of McDonald's have fallen 6% since its Quarter Pounder burgers were linked to a deadly E. coli outbreak.
    Business - CNBC - October 29
  • BP Profit Falls, but It Still Sees ‘Potential to Grow’ in Oil and Gas

    BP Profit Falls, but It Still Sees ‘Potential to Grow’ in Oil and Gas

    The energy giant’s chief executive, Murray Auchincloss, has taken a profit-oriented approach and said in an interview that the company’s “principal aim” was increasing earnings.
    Business - The New York Times - October 29

  • PayPal beat big on a profit metric, but here’s why its stock is falling

    PayPal’s fourth-quarter revenue view came in below expectations. The company said it’s focusing on “profitable growth.”
    Business - MarketWatch - October 29

  • BP's Profit Hits Four-Year Low on Commodity Market Weakness

    BP’s profit tumbled in the third quarter, although less than expected, as weak oil prices and refining margins continue to weigh on the energy sector.
    Business - The Wall Street Journal - October 29
  • BP reports lowest quarterly profit since pandemic on weak oil prices

    BP reports lowest quarterly profit since pandemic on weak oil prices

    Energy group pledges to review share buyback plan in February after latest $1.75bn repurchase
    Business - Financial Times - October 29
  • HSBC chief says east-west division will not lead to ‘any split’

    HSBC chief says east-west division will not lead to ‘any split’

    Georges Elhedery embarks on sweeping overhaul of lender as part of cost-cutting drive
    Business - Financial Times - October 29
  • PwC profits fall in Asia after scandals in China and Australia

    PwC profits fall in Asia after scandals in China and Australia

    Big Four firm reports slower global growth as regional woes compound consulting industry slowdown
    Business - Financial Times - October 29
  • NHS in England to receive £1.5bn next year to boost appointments

    NHS in England to receive £1.5bn next year to boost appointments

    Fresh funding comes as part of wider package which will be set out by Reeves in Budget on Wednesday
    Business - Financial Times - October 28

  • How Taxpayers Are Helping Health Insurers Make Even Bigger Profits

    Local governments often face extra fees when employees get out-of-network medical care, but some don’t track the insurance charges or even know about them.
    Business - The New York Times - October 28

  • China's industrial profits plunge at fastest pace since the pandemic

    The country's industrial profits declined 27.1% year-on-year in September.
    Business - CNBC - October 28
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