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EBay stock sinks after lackluster Q4 guidance, election distraction
EBay reported better-than-expected earnings for the third quarter, but the results were overshadowed by a disappointing forecast for the current period.Business - CNBC - Yesterday -
Robinhood earnings disappoint Wall Street despite company’s upward trajectory
The online brokerage’s third-quarter earnings missed analyst forecasts for both revenue and earnings per share.Business - MarketWatch - Yesterday -
Chinese smartphone company Honor gets new investors as it gears up for IPO
Chinese smartphone company Honor on Thursday announced backing from new investors as the Huawei spinoff prepares for an initial public offering.Business - CNBC - Yesterday -
Jack Dorsey's payments company Block expands corporate card service to the UK
Block, the payments company owned by tech billionaire Jack Dorsey, has launched its corporate card service in the U.K.Business - CNBC - Yesterday -
Merck’s stock slides as Q3 earnings beat estimates, but company lowers guidance
Merck’s stock fell Thursday morning, despite the company beating profit and sales estimates for the third quarter.Business - MarketWatch - Yesterday -
Bristol Myers’s stock pops as earnings top estimates and company raises guidance
The company says it “made important strides in the third quarter.”Business - MarketWatch - Yesterday -
Autonomous Trucking Company Aurora Delays Driverless Freight Launch
The Pittsburgh company will not start carrying cargo without drivers until April, when it plans the debut of its Dallas-to-Houston run.Business - Inc. - 22 hours ago -
More Companies Boost Climate and Social Reporting Despite ESG Backlash
Despite sustained pressure from conservative politicians and activists, businesses are responding to investors and regulators who want to know about environmental, social and governance issues.Business - Inc. - 21 hours ago -
Elon Musk’s xAI in Funding Talks That Could Value Company at $40 Billion
The financing efforts follow that of rival OpenAI, which recently closed a funding round that valued it at $157 billion.Tech - The New York Times - 18 hours ago -
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China's September Auto Sales Reverse Five-Month Declines
China’s passenger-vehicle sales rose in September, reversing five months of declines thanks to supportive government policies and improving consumer sentiment.Business - The Wall Street Journal - October 12
