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Pearson Underlying Sales Rise, Plans Further Growth Through AI

Pearson delivered higher underlying sales for the third quarter, supported by growth across all divisions, and said it planned to accelerate its artificial-intelligence capabilities to drive ...

Business - The Wall Street Journal - 19 hours ago

Chipotle misses revenue estimates as same-store sales growth disappoints

Chipotle's same-store sales rose 6% in the third quarter, just missing Wall Street's expectations.

Business - CNBC - 9 hours ago

AMD shares fall as forecast fails to impress despite strong AI growth

AMD shares are up about 20% so far in 2024, although rivals such as Nvidia and Broadcom have had much greater gains during the same period, driven by AI chips.

Business - CNBC - 9 hours ago

FirstFT: What to expect in Reeves’ first UK Budget today

Also in today’s newsletter, Alphabet and Reddit shares rise and Kamala Harris calls Donald Trump ‘unstable’

World - Financial Times - 1 hour ago

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 ...

Business - MarketWatch - October 15

Goldman profits jump 45% to $3bn after trading boost

Net income outstrips expectations despite hit from retail banking retreat

Business - Financial Times - 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

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.

Top stories - The New York Times - October 15

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.