Third Quarter Revenues

Microsoft Earnings Show Quarterly Revenue Is Up 16% to $65.6 Billion

The company’s profit increased 11 percent to $24.7 billion, beating Wall Street’s expectations and its own predictions.

Tech - The New York Times - October 30

Meta Reports Record Revenue, Slower Ad Growth

The social media giant is spending billions on artificial intelligence and products for virtual and augmented reality.

Tech - The Wall Street Journal - October 31

Palantir shares surge on rosy revenue outlook

Palantir is seeing a pickup in artificial intelligence among its U.S. government client base.

Business - CNBC - November 4

Pandora Narrows Sales View as Revenue Rises

The Danish jeweler now sees 2024 sales coming in toward the high end of its previous forecast despite a sluggish environment for luxury goods.

Business - The Wall Street Journal - November 6

Qualcomm pops on chipmaker's earnings and revenue beat

Qualcomm reported fourth-quarter earnings on Wednesday that beat Wall Street expectations for earnings and revenue, and guided to a strong December quarter.

Business - CNBC - November 6

Fewer Blockbusters Mean Revenue Loss for AMC Entertainment

AMC reported a dip in revenue and lower attendance as fewer big Hollywood movies arrive in theaters.

Business - Inc. - November 7

Block reports revenue miss but a slight beat on earnings

Shares of Square parent Block tumbled in extended trading on Thursday after the company reported disappointing revenue for the third quarter.

Business - CNBC - November 8

JD.com Profit, Revenue Rise as Consumer Sentiment Improves

The Chinese e-commerce giant reported higher profit and revenue in the third quarter despite fierce competition from Alibaba and PDD Holdings.

Business - The Wall Street Journal - November 14

NetEase's Profit Falls on Weaker Gaming Revenue

The Chinese videogame giant’s profit tumbled for a second straight quarter and revenue missed market expectations as the main business delivered a soft performance.

Business - The Wall Street Journal - November 14

Archer Daniels Midland Profit Plunges, Revenue Falls

Archer Daniels Midland said profit plunged in the third quarter, shortly after saying it would restate its 2023 filing with the Securities Exchange Commission, along with the first and second ...

Business - The Wall Street Journal - 5 days ago

Kuaishou Posts Profit, Revenue Growth, Meeting Estimates

The Chinese short-video app operator reported in-line results on advertising strength, even as it continued to face challenges in its e-commerce business.

Business - The Wall Street Journal - 4 days ago

Snowflake rockets 32%, its best day ever, after earnings beat

Snowflake reported better-than-expected results on the top and bottom lines.

Business - CNBC - 2 days ago

Manchin postelection: 'There is a need for a third party'

Sen. Joe Manchin (I-W.Va.) said the 2024 election shows there is a “need for a third party.” Manchin joined NewsNation’s Chris Stirewalt on Sunday for “The Hill Sunday,” where he argued that the ...

Politics - The Hill - 6 days ago

Treasury trims fourth-quarter borrowing estimate

The Treasury Department said Monday that it expects to borrow $546 billion in the fourth quarter, which is $19 billion lower than previously estimated.

Business - MarketWatch - October 28