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Robinhood’s stock rises 4% as company swings to profit, drums up more business
Robinhood says it snapped up business from brokerage rivals and made inroads among gold investors.MarketWatch - Business -
Toyota Motor Projects Annual Profit Drop
The Japanese carmaker projected a drop in fiscal-year profit on higher costs and announced a share buyback after posting stronger fourth-quarter net profit thanks partly to a weaker yen.The Wall Street Journal - Business -
Alstom to Cut Costs, Forecasts Higher Profits
Alstom said adjusted earnings rose 17% with an improved margin and guided for further profit growth in 2025, as it looks to cut overheads and procurement costs.The Wall Street Journal - Business -
CBA Reports Lower Profit as Margins Weaken
Commonwealth Bank of Australia posted a fall in third-quarter profit, reporting slightly lower margins as competition remains in the country’s retail banking sector.The Wall Street Journal - World -
Meta Launches New AI Tools for Advertisers
Meta Platforms is expanding a suite of generative artificial-intelligence tools for use by its advertisers, the company’s latest move to integrate AI into its consumer products.The Wall Street Journal - World - Meta -
Monster Beverage launches $3 billion stock buyback
Beverage company’s chief executive may sell up to about $33 million of stock to provide “flexibility.”MarketWatch - Business -
Meta Launches New AI Tools for Advertisers
Meta Platforms is expanding a suite of generative artificial-intelligence tools for use by its advertisers, the company’s latest move to integrate AI into its consumer products.The Wall Street Journal - Business - Meta -
Labour promises to consult business on UK workers’ rights
Three pledges in the ‘New Deal for Working People’ have been weakened since first proposedFinancial Times - World - United Kingdom -
Busy Korda: 'Not thought' about pursuit of record
Nelly Korda, who is seeking to set the LPGA record with wins in six consecutive starts, said she has kept her mind off the pursuit by staying busy off the course.ESPN - Sports -
New York Times stock gains as adjusted profit rises by 41%
Digital subscriptions rise by 210,000 in a ’strong start’ for the year.MarketWatch - Business - New York