Profits Soaring
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Business - MarketWatch
Elevance Health’s stock slumps 13% as profit dented by ‘unprecedented’ Medicaid challenges
Elevance Health Inc.’s stock tumbled 13% Thursday and weighed on rivals after the health insurer’s third-quarter profit fell short of estimates amid ”unprecedented” challenges in the Medicaid ...47 minutes ago -
Business - CNBC
Nvidia and Apple supplier TSMC shares pop 10% after quarterly profit soars on AI demand
TSMC, the world’s largest producer of advanced chips, posted a 54% hike in third-quarter profit.1 hour ago - Apple -
Business - MarketWatch
Gevo stock soars on $1.46 billion DOE loan for sustainable aviation fuel plant
Shares of Gevo Inc. are climbing 38.2% in premarket trades Thursday after the renewable chemicals and biofuels company received a commitment for a $1.46 billion loan from the U.S. Department of ...3 hours ago -
Business - MarketWatch
Travelers’ stock leaps toward a record as income triples, profitability improves
ravelers’ stock surges toward another record after earnings beat expectations by a wide margin, amid a sharp improvement in underlying profitability.4 hours ago -
Business - Financial Times
TSMC profits jump 54% on back of AI chip boom
World’s biggest chipmaker says demand has recovered across all segments despite fears of industry slump7 hours ago -
Business - MarketWatch
TSMC beats forecasts with 54% surge in profits on soaring AI demand
Taiwan Semiconductor Manufacturing Co said its sales were boosted by strong demand from smartphone makers and artificial intelligence firms8 hours ago -
Business - The Wall Street Journal
BlackBerry Sees Rising Profitability Through Focus on Growth Opportunities
The Canadian company told investors its immediate priority was streamlining investments in its Cylance cybersecurity unit and focusing on opportunities for growth, mainly QNX.21 hours ago -
Business - CNBC
Morgan Stanley shares pop 7% after beating estimates for third-quarter profit and revenue
Morgan Stanley has several tail winds in its favor, from high stock values to a rebound in investment banking and strong trading activity.22 hours ago -
Business - Financial Times
Wall Street banks enjoy bumper fees as debt issuance and deals activity rebound
Morgan Stanley rounds off strong earnings season23 hours ago -
Business - CNBC
Chevrolet aims to defend highly profitable SUV market position with updated Tahoe, Suburban
The Chevrolet Tahoe and Suburban have led the mainstream full-size SUV segment for over 45 years, according to GM.Yesterday -
Business - The Wall Street Journal
Whitbread Aims to Boost Profit, Shareholder Returns
The U.K. hotel-and-restaurant company said it forecasts an increase of at least £300 million in profit by fiscal 2030, and to generate more than £2 billion for dividends, share buybacks and ...Yesterday -
World - The Guardian
Weight-loss drug firm accused of prioritising profits after halting insulin pen production
Novo Nordisk’s decision will force people in developing countries to use outdated glass vials and syringes, warn campaigners. The pharmaceutical company behind injectable weight-loss drugs has been ...Yesterday -
Business - The New York Times
Profits Leap at Goldman Sachs as Banks See Steady Economy
The investment bank earned more than expected in the latest quarter, a theme for other big banks, too.Yesterday -
Business - The New York Times
Trump Media’s Stock Price Soars, Adding $2 Billion to Trump’s Stake
The sharp rise in the share price of the parent of Truth Social has added about $2 billion to the net worth of former President Donald J. Trump.Yesterday - Donald Trump -
Business - MarketWatch
Charles Schwab is profiting from customers who want professional help with investing
The brokerage said it is seeing increased inflows into its wealth-management offerings.Yesterday -
Business - MarketWatch
Uranium and utilities stocks set to soar even higher as Big Tech goes nuclear
Microsoft and other tech giants including Oracle, Amazon.com, Apple and Alphabet need more electricity to energize their AI future.Yesterday -
Top stories - The New York Times
Profits Leap at Goldman Sachs as Banks See Steady Economy
The investment bank earned more than expected in the latest quarter, a theme for other big banks, too.2 days ago -
Business - CNBC
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.2 days ago -
Business - MarketWatch
UnitedHealth’s stock rocked as a big jump in medication costs hurt profitability
UnitedHealth’s stock was having its worst day in more than four years on Tuesday, after the healthcare giant beat third-quarter profit and revenue expectations but missed on medical-care ...2 days ago -
World - ABC News
North Korea blows up parts of inter-Korean road and rail links in a symbolic display of anger
South Korea says North Korea blew up the northern parts of inter-Korean road and rail links no longer in use2 days ago - North Korea -
Sports - CBS Sports
NFL 2024 playoff picture, standings for Week 7: Chiefs, Vikings lone unbeaten teams; Falcons soaring in NFC
An early look at the playoff standings with one third of the season completed2 days ago - NFL -
Business - Financial Times
Goldman profits jump 45% to $3bn after trading boost
Net income outstrips expectations despite hit from retail banking retreat2 days ago -
World - ABC News
South Korea says North Korea has blown up the northern parts of inter-Korean roads no longer in use
South Korea says North Korea has blown up the northern parts of inter-Korean roads no longer in use2 days ago - North Korea -
Business - MarketWatch
Longboard Pharmaceuticals’ stock soars amid Lundbeck’s $2.6 billion deal to acquire the company
H. Lundbeck plans to acquire Longboard Pharmaceuticals in a $2.6 billion deal, the companies announced Monday.3 days ago -
Business - MarketWatch
B. Riley’s stock soars 30% after bank agrees to sell Great American to Oaktree for almost $400 million
Investment bank’s stock is down 73% in the year to date amid regulatory fallout over a loan3 days ago