Latest in Soars Company Swings
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Toast’s stock soars after company swings to profit and revenue beats estimates
Toast Inc.’s stock soared in after-hours trade Thursday, after the digital-payment platform for restaurants posted better-than-expected revenue for the third quarter, offsetting a profit miss.Business - MarketWatch - 2 hours ago -
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 - October 30 -
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 - October 25 -
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 - October 30 -
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 - October 31 -
Tesla shares soar more than 14% as Trump win is seen boosting Elon Musk's electric vehicle company
Shares of Tesla soared Wednesday as investors bet that the electric vehicle maker and its CEO Elon Musk will benefit from Donald Trump’s return to the White HouseTech - ABC News - Yesterday -
Franz Rogowski is ready to soar
With his latest film, Bird, the German actor is in full flightBusiness - Financial Times - 6 days ago -
Stocks soar on Trump win
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump victory sends stocks, crypto soaring Stocks skyrocketed Wednesday after ...Politics - The Hill - Yesterday -
Spanish growth soars as Eurozone stumbles
Boosted by investment, immigration and tourism, Spain’s economy is set to record better growth than even the USWorld - Financial Times - October 29 -
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 pushWorld - Financial Times - October 22 -
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 investmentBusiness - 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 - October 30 -
US shares and Bitcoin hit record highs on Trump win
The result could have a far-reaching implications for tax and trade policy, as well as economies around the world.Top stories - BBC News - Yesterday -
Phunware’s stock soars on Donald Trump’s election victory
Shares of mobile-advertising company Phunware have soared in recent weeks.Business - MarketWatch - Yesterday -
Stocks soar after decisive Trump victory
Major stock indexes soared Wednesday morning in the wake of Donald Trump's decisive victory in Tuesday's presidential election.Top stories - NBC News - Yesterday -
Trump, Senate GOP victories send markets soaring
Stocks roared out of the gate Wednesday morning following news that former President Trump has secured a second term in the White House and Republicans won a majority in the Senate. The Dow Jones ...Politics - The Hill - Yesterday -
Donald Trump’s Trusted Overcoat Makes an Appearance
Temperatures fell this weekend, and Donald Trump reached for a familiar sartorial security blanket on the last leg of his campaign trail.Lifestyle - The New York Times - 3 days ago -
Will the election swing the economy?
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story The economy could be the election’s make-or-break issue The results of the ...Politics - The Hill - 2 days ago