Shares Soar Company - QuikReader

Reddit shares soar after company turns first-ever profit

Monthly users rose by nearly half thanks to AI translation feature, and deals for AI training with Google and OpenAI boosted revenue. Reddit on Tuesday reported a quarterly profit for the first ...

World - The Guardian - 8 hours ago

FirstFT: HSBC overhaul to divide businesses along east-west lines

Also in today’s newsletter, EY fires staff for ‘cheating’ and Mubadala Capital’s private equity push

World - Financial Times - October 22

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 - 3 hours ago

Nvidia and Apple supplier TSMC shares pop after quarterly profit soars on AI demand

TSMC, the world’s largest producer of advanced chips, posted a 54% hike in third-quarter profit.

Business - CNBC - October 18

Trump Media’s Soaring Share Price Masks Truth Social’s Internal Strife

Employees have complained to the board about hiring and management practices at the parent company of Truth Social, which serves as the main online megaphone for former President Donald Trump.

Business - The New York Times - October 23

Tokyo Metro Shares Soar in First Day of Trading for Century-Old Subway

Tokyo Metro had raised over $2 billion in one of Japan’s largest initial public offerings in years.

Business - The New York Times - October 23

Reddit shares soar 25% as it turns its first profit

Social media platform says it has attracted nearly 100mn daily active users with its ad tech investments starting to pay off

Business - Financial Times - 23 hours ago

Reddit shares soar 22% on earnings beat and better-than-expected forecast

Reddit reported third-quarter results that exceeded analysts' estimates and gave a forecast for the current period that was well ahead of estimates.

Business - CNBC - Yesterday

This Company Created an ‘Easy Button’ for Sharing Information Securely

Two brothers with roots in national security built Virtru based on the insight that private companies have the same needs as government.

Business - Inc. - October 21

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.

Business - MarketWatch - October 14

Centene’s stock soars 11% after earnings sweep past estimates and company backs guidance

Chief Executive Sarah M. London said the company had navigated a “dynamic landscape” in the quarter amid turmoil in the Medicaid business.

Business - MarketWatch - 5 days ago

Nvidia Share Price Moves Could Unseat Apple as Most Valuable Company

Investors are driving up market capitalizations for the chipmaker, Apple, and Microsoft so fast it’s hard to know which company holds the top spot.

Business - Inc. - October 15

Ulta Beauty shares tick higher, even as company sees 'headwinds' in beauty industry

Retailer Ulta Beauty did not provide guidance for next fiscal year and said it expects near-term challenges to continue.

Business - CNBC - October 16

Philips shares slide as company blames China for lowered sales outlook

Shares of Philips slumped on Monday as the Dutch healthcare devices company lowered its sales outlook for the year.

Business - MarketWatch - 2 days ago

ASML share plunge wipes over $50 billion off Dutch chip giant's value

ASML published its third-quarter earnings Tuesday, a day earlier than expected.

Business - CNBC - October 16

Tesla shares jump on profit beat, Musk's prediction of at least 20% 'vehicle growth' next year

Tesla reported better-than-expected profit in its third-quarter earnings report on Wednesday.

Business - CNBC - 6 days ago

Air taxi firm Lilium's shares plunge 61% after company says main subsidiaries will file for insolvency

Shares of Lilium tanked Thursday after the air taxi firm said in a filing that its two main subsidiaries plan on filing for insolvency in the coming days.

Business - CNBC - 6 days ago

Jim Cramer wants to buy more shares of 2 portfolio companies with favorable catalysts

The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.

Business - CNBC - 2 days ago

Spanish growth soars as Eurozone stumbles

Boosted by investment, immigration and tourism, Spain’s economy is set to record better growth than even the US

World - Financial Times - Yesterday

Water regulator signals further increase to bills in England

Companies pushing for prices to increase by up to 84% on top of inflation over next 5 years to boost investment

Business - Financial Times - October 22

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.

Business - The New York Times - October 15

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 firms

Business - MarketWatch - October 17

Travelers’ stock soars as earnings triple despite record catastrophe losses

ravelers’ stock surges toward another record after earnings beat expectations by a wide margin, amid a sharp improvement in underlying profitability.