Latest in Reports Record Revenue
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AMD reports record revenue but Q4 forecast disappoints
Advanced Micro Devices reported record Q3 revenue of $6.8 billio, up 18%. But the shares fell due to a disappointing forecast for Q4.Tech - VentureBeat - Yesterday -
Meta Reports Record Revenue, Slower Ad Growth
The social media giant is spending billions on artificial intelligence and products for virtual and augmented reality.Tech - The Wall Street Journal - 3 hours ago -
FirstFT: Harris calls on America to ‘turn the page’ on Trump
Also in today’s newsletter, Ukraine and Russia hold secret talks, while Alphabet and Reddit shares rise after resultsWorld - Financial Times - 15 hours ago -
MLS attendance and sponsorship revenue hit regular season records
Major League Soccer saw growth in regular season attendance and sponsorship revenue after implementing a new performance team. Lionel Messi helped, too.Business - CNBC - October 22 -
MLS attendance and sponsorship revenue break records — and it's not just because of Messi
Major League Soccer scored several regular season records, including for attendance and sponsorship, thanks in part to international superstar Lionel Messi — and corporate strategy.Top stories - NBC News - October 22 -
McDonald’s CEO apologizes for E. coli outbreak, as fast-food giant’s earnings beat estimates
McDonald’s is encouraged by signs of progress in the third quarter.Business - MarketWatch - Yesterday -
Georgia Officials Report Record Turnout on First Day of Early Voting
Democrats and Republicans alike have crusaded for residents to get to the polls early as Donald Trump and Kamala Harris aggressively seek the state’s 16 electoral votes.Top stories - The New York Times - October 15 -
North Carolina Officials Report Record Turnout for First Day of Early Voting
The more than 353,000 ballots cast signaled enthusiasm in the battleground state, but the significance of the high turnout was unclear.Top stories - The New York Times - October 19 -
Cocaine-related fatalities surge as England and Wales report record drug deaths
Campaigners say falling prices and social acceptability have driven higher useBusiness - Financial Times - October 23 -
Global coral reef bleaching event is largest on record, report says
New data from the National Oceanic and Atmospheric Administration has scientists ringing alarm bells about the health of the world's oceans. Seventy-seven percent of the world's coral reefs have ...Top stories - CBS News - October 23 -
Musk’s $1mn-a-day voter giveaway could violate US law, DoJ warns
Billionaire Trump backer has targeted swing states with contest ahead of presidential electionBusiness - Financial Times - October 24 -
Reeves confirms change to UK fiscal rules to help fund £20bn of annual investment
Chancellor promises in FT to avoid ‘falls in public sector investment’ planned by ToriesBusiness - Financial Times - 6 days ago -
Growth hit by freeze on tax thresholds, says BoE official
‘Tax-bracket creep’ has hit middle earners hardest, warns Catherine Mann ahead of a likely Budget extensionBusiness - Financial Times - 6 days ago -
What we know about Trump, Harris medical records after VP releases doctor's report
Kamala Harris recently released her medical records but Donald Trump has yet to do so.Top stories - ABC News - October 16 -
Record levels of heat-related deaths in 2023 due to climate crisis, report finds
Almost half of global land area saw extreme drought for at least one month, according to Lancet Countdown. Heat-related deaths, food insecurity and the spread of infectious diseases caused by the ...World - The Guardian - Yesterday -
White Sox to hire Will Venable as new manager after MLB-record 121-loss season: Report
Congrats Will Venable, you are taking over the worst team in MLB.Sports - Yahoo Sports - 21 hours ago -
Renault Backs Guidance as Revenue Rises
The French carmaker backed its outlook for the year after third-quarter revenue rose despite a decrease in group car sales.Business - The Wall Street Journal - 6 days ago -
Safran Upgrades Guidance as Revenue Rises
The aerospace-industry supplier raised its recurring operating income guidance after revenue rose in the third quarter, driven by after-market services and demand for aircraft equipment and interiors.Business - The Wall Street Journal - 5 days ago -
PayPal shares fall on revenue miss, soft guidance
PayPal reported better-than-expected third-quarter earnings on Tuesday, but revenue came in slightly below expectations.Business - CNBC - Yesterday -
Albertsons’ stock climbs on Q2 earnings and revenue beat
Albertsons Cos. Inc. shares are up 1% in premarket trades Tuesday after the grocery chain reported better-than expected second-quarter revenue and earnings.Business - MarketWatch - October 15 -
Louis Vuitton Owner LVMH Misses Revenue Expectations
The French luxury empire said the decline in revenue during the quarter was mainly due to lower growth in Japan.Business - The Wall Street Journal - October 15 -
InterContinental Hotels' Revenue Per Available Room Rises
The group said it expected to close out the year in line with market expectations after third-quarter revenue per available room rose on year.Business - The Wall Street Journal - October 22 -
Starbucks scraps 2025 guidance after fall in sales and earnings
New chief Brian Niccol vows ‘to fundamentally change our strategy’ to return to growthBusiness - Financial Times - October 22 -
Air Liquide Revenue Hit by Lower Energy Prices
Air Liquide reported a drop in revenue for the third quarter and missed analysts’ expectations due to lower energy prices and negative currency effects.Business - The Wall Street Journal - October 23 -
IBM stock slips on disappointing consulting and infrastructure revenue
IBM's critical software category performed well due to Red Hat's gains, but the consulting and infrastructure segments pulled down overall results.Business - CNBC - 6 days ago -
Dexcom shares fall on slow revenue growth
Dexcom shares fell Thursday after the company released third-quarter results that showed slow revenue growth.Business - CNBC - 6 days ago -
Moncler Revenue Falls on Lower Demand in Asia, Europe
The Italian fashion group said the results were hit by lower consumer confidence in several markets, as the luxury industry continues to grapple with a period of volatility.Business - The Wall Street Journal - Yesterday -
Alphabet Revenue Jumps 15% to $88.3 Billion
The tech giant’s 34 percent increase in quarterly profit topped Wall Street expectations, driven by its advertising and cloud businesses.Tech - The New York Times - Yesterday -
Google's Cloud Business Powers Accelerating Revenue Growth
Google reported a 15% jump in year-over-year revenue driven by strong results in its cloud-computing division, boosting the company’s fortunes during a costly push into artificial intelligence.Business - The Wall Street Journal - Yesterday -
Meta misses on user growth, warns of 2025 jump in AI spending
Meta reported weaker-than-expected user numbers and warned of a significant acceleration in its infrastructure expenses in 2025 in its third-quarter earnings.Business - CNBC - 3 hours ago -
Microsoft Earnings Show Quarterly Revenue Is Up 16% to $65.6 Billion
The company’s profit increased 11 percent to $24.7 billion, beating Wall Street’s expectations and its own predictions.Tech - The New York Times - 2 hours ago -
Bank of America tops estimates on better-than-expected trading revenue
Bank of America benefited from its Wall Street trading and banking divisions in the third quarter, just as rival JPMorgan Chase did.Business - CNBC - October 15 -
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.Business - CNBC - October 15 -
Chip industry faces talent shortage as revenues head to $1 trillion | Deloitte
Deloitte says the chip industry will hit $1T in 2030, but a huge talent shortage looms across the entire world.Tech - VentureBeat - October 15 -
Ray-Ban Maker EssilorLuxottica Posts Revenue Increase But Misses Expectations
The Franco-Italian eyewear group’s revenue rose 4% in the third quarter, helped by sales of smart glasses.Business - The Wall Street Journal - October 17 -
Netflix’s third-quarter revenue and subscriber numbers beat expectations
US streaming service is investing heavily in live sporting events to differentiate from rivalsBusiness - Financial Times - October 17