Latest in Third Quarter Consumer
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US economy grows at 2.8% pace in third quarter on consumer spending
The American economy expanded at a healthy 2.8% annual pace from July through September on strong consumer spending and a surge in exports, the government said Wednesday, leaving unchanged its ...Top stories - ABC News - 3 days ago -
UK economy stalls in third quarter
GDP shrinks in September, highlighting challenges for Labour’s growth promisesBusiness - Financial Times - November 15 -
Druckenmiller poured into regional banks in the third quarter
Stanley Druckenmiller made a big bet on regional banks in the third quarter, that’s likely paid off after a Republican sweep in the elections.Business - MarketWatch - November 15 -
Eurozone wages rise by 5.4% in third quarter
ECB forecasts growth in negotiated salary deals to slow after biggest increase since 1990sWorld - Financial Times - November 20 -
Nvidia nearly doubles revenue on strong AI demand
Nvidia reported earnings after the bell. Here are the results.Business - CNBC - November 20 -
Japan's economy grows for a second straight quarter on the back of consumer spending
Japan’s economy eked out an annual rate of 0.9% growth in the July-September quarter as consumer spending held upWorld - ABC News - November 14 -
Avis’s stock slides after third-quarter earnings fall short of estimates
Avis Budget Group’s stock was falling in after-hours trade Thursday, after the car-rental company’s third-quarter earnings fell short of estimates.Business - MarketWatch - October 31 -
Google's cloud outpaces rivals in third quarter as AI battle heats up
One takeaway from tech earnings reports this week is that Google's cloud business is gaining momentum.Business - CNBC - November 2 -
AMC’s third-quarter results on deck amid signs of a cinema-industry rebound
AMC Entertainment Holdings Inc. will report third-quarter results after market close Wednesday amid signs that the cinema industry is bouncing back from the devastation wrought by the COVID-19 ...Business - MarketWatch - November 5 -
Burger King parent Restaurant Brands falls short of third-quarter expectations
Net sales climbed 24.7%, largely thanks to the company's acquisitions of its largest U.S. Burger King franchisee and its Popeyes business in China.Business - CNBC - November 5 -
Trump Media & Technology Posts Third-Quarter Loss Ahead of Election Outcome
Chief Executive Devin Nunes said the company continues to explore additional possibilities for growth such as potential mergers and acquisitions, including in the realm of fintech.Business - The Wall Street Journal - November 5 -
Gilead’s third-quarter earnings beat by a wide margin, and biotech raises guidance
Gilead Sciences Inc.’s stock rose 2.7% in after-hours trading Wednesday, after the biotech blew past third-quarter earnings estimates and raised its guidance, boosted by demand for its HIV and ...Business - MarketWatch - November 7 -
Phunware narrows quarterly loss amid revenue decline, and stock sinks further
Phunware Inc. reported a narrowed loss in the mobile-advertising company’s third-quarter results after market close Thursday, although net revenue declined sharply from the same period last year.Business - MarketWatch - November 8 -
Pinterest Stock Falls Despite Rise in Third-Quarter Profit, Revenue
The social-media platform’s revenue jumped 18% year over year, slightly above Wall Street’s forecast.Business - The Wall Street Journal - November 7 -
Airbnb Posts Higher Third-Quarter Revenue as Travel Demand Accelerates
The short-term rental company posted higher revenue in the third quarter as North American travel trends improved.Business - The Wall Street Journal - November 7 -
Yeti Shares Climb on Jump in Third-Quarter Cooler, Drinkware Sales
The maker of coolers and insulated drinkware expects to hit the high end of its earnings guidance for the year after posting a bigger profit and higher-than-estimated sales in the third quarter.Business - The Wall Street Journal - November 7 -
UK economy surprises with September contraction, grows just 0.1% in the third quarter
The U.K. economy showed a surprise contraction in September and only marginal growth in the third quarter, initial figures showed Friday.Business - CNBC - November 15 -
Williams-Sonoma Beats Views With Third-Quarter Results, Boosts Outlook
Shares surged following the earnings announcement. The company’s market value has nearly doubled over the past 52 weeks.Business - The Wall Street Journal - November 20 -
Baidu posts 3% drop in third-quarter revenues, beating market expectations
Beijing-based Baidu operates one of the major web browser search engines in China, along with a frequently used maps app.Business - CNBC - November 21 -
Nvidia shares fluctuate as investors digest third-quarter earnings
Despite nearly doubling sales year on year, Nvidia's third-quarter results show a slowdown from previous quarters.Business - CNBC - November 21 -
Japan GDP expands by 0.3% in third quarter, snapping two quarters of year-on-year declines
GDP rose 0.2% on a quarter-on-quarter basis, while also expanding 0.9% on an annualized basis.Business - CNBC - November 15 -
Roblox ‘rising like a phoenix’ after ‘outstanding’ third-quarter results, Wedbush says
Roblox shares surged following the online-gaming company’s third-quarter results Thursday.Business - MarketWatch - November 1 -
Warren Buffett continued to sell down his Apple stake, cutting about a quarter in the third period
The Oracle of Omaha downsized Apple — his biggest equity holding — for a fourth quarter in a row.Business - CNBC - November 4 -
Dollar Tree’s CEO steps down. An analyst says the move comes at a ‘difficult time.’
Dollar Tree Inc. on Monday said that Rick Dreiling has stepped down as chief executive of the discount retailer due to health reasons.Business - MarketWatch - November 5 -
Saudi oil giant Aramco posts third-quarter profits of $27.5 billion, down 15% from a year earlier
Saudi Arabian oil giant Aramco has reported third-quarter profits of $27.5 billion, down about 15% from last year as low oil prices ate into its revenuesWorld - ABC News - November 5 -
Nintendo profit plunges 69% as it cuts forecast for sales of ageing Switch console
Investors are waiting for news surrounding a successor to the Switch which they hope will re-energize Nintendo's gaming business.Business - CNBC - November 5 -
Oil giant Saudi Aramco posts 15% drop in third-quarter profit but maintains dividend
Lower global oil prices, weaker demand and prolonged OPEC+ production cuts led by Saudi Arabia continue to impact crude prices.Business - CNBC - November 5 -
Trump Media loses $19.2 million in third quarter, surprise Election Day filing reveals
Trump Media on Tuesday reported a loss for the third quarter along with a slight drop in already-meager revenue.Business - CNBC - November 6 -
AMC reports better-than-expected Q3 results amid improving box office
AMC Entertainment Holdings reported better-than-expected third-quarter revenue and a narrower loss after market close Wednesday, with the movie-theater chain and original meme stock pointing toward ...Business - MarketWatch - November 7 -
Lucid slightly tops Wall Street's third-quarter expectations amid widening losses
The company's net loss for the third quarter widened to $992.5 million compared to a loss of $630.9 million a year earlier.Business - CNBC - November 7 -
Rivian lowers earnings guidance after missing Wall Street's third-quarter expectations
Rivian Automotive missed Wall Street's third-quarter expectations, including a massive difference in revenue of $116 million.Business - CNBC - November 7 -
Novavax’s stock slides 7% as guidance cut offsets narrower-than-expected third-quarter loss
Novavax Inc.’s stock fell 4% Tuesday after the company cut its full-year guidance, offsetting a narrower-than-expected third-quarter loss and better-than-expected revenue.Business - MarketWatch - November 12 -
Intuitive Machines’ stock skyrockets as third-quarter revenue more than triples and NASA fuels record backlog
The Houston-based company made history earlier this year when its Odysseus lander became the first commercial lander to successfully land on the moon’s surface.Business - MarketWatch - November 14 -
UK Treasury chief says she's not satisfied by paltry third-quarter economic growth
The British economy’s rebound from recession slowed down sharply in the third quarter of the year with most sectors stagnatingWorld - ABC News - November 15
