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Reddit’s stock soars after social-media platform turns a profit, beats Q3 sales and earnings estimates
Reddit said Tuesday that it turned a profit in its third quarter — a first for the social-media platform since becoming a public company earlier this year.Business - MarketWatch - 2 days ago -
‘It knocks your head off!’ How limoncello became a sudden, surprising, soaring success
The liqueur has gone from being an occasional digestif, served in shot form, to a ubiquitous spritz popular in bars and restaurants from Adelaide to Athens. What’s behind the overnight rise of a ...World - The Guardian - 2 days ago -
Reddit's explosive user growth and AI tools help it soar to its first profit as a public company
Reddit has turned a profit for the first time as a public companyTech - ABC News - Yesterday -
Reddit’s Sees First-Ever Profit as Explosive User Growth and AI Tools Help it Soar
The social discussion platform beat Wall Street analyst forecasts, with quarterly sales results better than 10 percent above estimates.Business - Inc. - Yesterday -
Reddit stock price soars after social media player reports rare profit
Reddit's stock leaps nearly 40% after the social media company reported a quarterly profit amid strong user growth.Top stories - CBS News - Yesterday -
Carvana’s stock soars 20% as used-car retailer calls for better times ahead
Online used-car platform blows past Wall Street expectations for its third quarter.Business - MarketWatch - Yesterday -
FirstFT: US consumers continue to spend, spend, spend
Also in today’s newsletter, North Korea fires its longest-ever test missile, and the activists ready to challenge the election resultWorld - Financial Times - Yesterday -
United Airlines and Nvidia bookend list of 15 soaring S&P 500 stocks in October
Two airlines and two cruise lines make the list of the month’s best performers in the U.S. benchmark index.Business - MarketWatch - 22 hours ago -
Peloton’s stock soars 30% after company names Apple Fitness+ co-founder as new CEO
Peloton announced the appointment of Peter Stern as new CEO effective Jan. 1. Stern is the co-founder of Apple Fitness+ and has done stints at Ford Motor Co. and Time Warner Cable.Business - MarketWatch - 18 hours ago -
UK borrowing costs soar day after Labour government unveiled tax-raising budget
U.K. bond yields spiked sharply Thursday after the ruling Labour Party unveiled a sweeping package of tax hikes and increased borrowing.Business - CNBC - 18 hours ago -
Reeves cuts National Wealth Fund budget despite UK investment drive
Chancellor’s decision comes as government seeks to work with private sector to decarbonise economyBusiness - Financial Times - October 14 -
Rachel Reeves gives closing speech at UK investment summit – business live
Chancellor says £60bn of investment has been announced at summit, showing confidence in UK economy. Keir Starmer will promise to slash red tape as he hosts investment summit Who will attend ...World - The Guardian - October 14