Latest in Profits Exceeds Revenue
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Reddit shares close up 42% on profitability, rosy guidance
Reddit shares popped Wednesday, one day after the company reported rosy third-quarter results.Business - CNBC - Yesterday -
Samsung Sees Progress in Memory Chips for AI After Delays
The South Korean tech giant reported better-than-expected net profit but earnings in its core semiconductor business shrank sharply.Tech - The Wall Street Journal - Yesterday -
Aker Solutions Upbeat Despite Profit Miss
Aker Solutions reported below-forecast third-quarter results but said its outlook remained positive with high tender activity.Business - The Wall Street Journal - Yesterday -
BNP profits rise driven by global markets business
Eurozone’s biggest bank posts gains for third quarter across equities and fixed-income tradingBusiness - Financial Times - Yesterday -
TotalEnergies Profit Falls as Downstream Margins Bite
TotalEnergies reported a sharpy-lower net profit in the third quarter on weaker refining margins, production and prices, but said output should pick up going forward.Business - The Wall Street Journal - 23 hours ago -
Maersk Profit Rises as Red Sea Disruptions Continue
Maersk’s third-quarter net profit jumped after continued disruptions in the Red Sea shipping lanes pushed freight rates higher.Business - The Wall Street Journal - Yesterday -
ING Lifts Outlook After Profit Beat
ING raised its total income outlook for the year and said it would distribute up to $2.7 billion to shareholders after net profits topped expectations.Business - The Wall Street Journal - Yesterday -
Amazon Stock Jumps After Earnings Report Record $15.3 Billion Profit
The tech giant’s cloud computing business picked up steam and its retail business showed resiliency.Business - The New York Times - 9 hours ago -
General Motors’ stock jumps after big profit beat, progress on EV profits
GM’s stock rallies toward a multiyear high after profit beat by a wide margin and the full-year outlook was raised.Business - MarketWatch - October 22 -
Big Ten, SEC in discussions over landmark scheduling agreement with focus on revenue, solidifying CFP spots
College football's two richest and most powerful conferences could face off in a series of "challenge" gamesSports - CBS Sports - October 15 -
Trump family gets 75% of crypto coin revenue, has no liability, new document reveals
Donald Trump's crypto project, World Liberty Financial, published a 13-page paper on Thursday laying out its mission and how tokens get allocated.Business - CNBC - October 17 -
Trump family gets 75% of crypto coin revenue, has no liability, new document reveals
Donald Trump’s crypto project, World Liberty Financial, published a 13-page document Thursday that described its mission and how tokens can be allocated, and that indicated that the Republican ...Top stories - NBC News - October 18 -
Xsolla announces certified parental controls, a boom in Web Shop revenue and expansion in SE Asia
GamesBeat lead writer Dean Takahashi, sat down with Xsolla CMO, Berkley Egenes, to dig into the latest Xsolla news.Tech - VentureBeat - October 21 -
WNBA players only get 9.3% of league revenue — here’s how much NBA, NFL and NHL players get
The WNBA players union officially opted out of its CBA on Monday. Is a $1 million player salary on the horizon?Business - MarketWatch - October 22 -
As AMD starts shifting focus to next year, just how high can AI revenue go?
Bullish expectations for AMD’s AI revenue came down sharply over the course of this year. Some analysts say early estimates for 2025 are already too high.Business - MarketWatch - 3 days ago -
Apple Intelligence is key to new iPhone sales, but don’t expect a big revenue jolt right away
With Monday’s rollout of Apple Intelligence on Apple Inc.’s newest iPhones, investors need to remember that the addition of generative artificial intelligence is unlikely to immediately lead to a ...Business - MarketWatch - 3 days ago -
Jean Paul Gaultier Owner Puig Brands Posts Higher Revenue Boosted by Fragrances
The owner of brands including Jean Paul Gaultier, Carolina Herrera and Nina Ricci increased sales by 11% in the third quarter, beating analysts’ forecasts.Business - The Wall Street Journal - 2 days ago