Turn Reeves Soaring - QuikReader

The Papers: 'Markets turn on Reeves' and 'soaring cost of sickness claims'

Investors' reactions to the Budget and forecasts for the cost of sickness benefits lead the papers.

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 - 2 days 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 - Yesterday

Reddit’s stock soars after social-media platform turns a profit, beats Q3 sales and earnings estimates

Reddit said Tuesday that it turned a profit in its third quarter — a first for the social-media platform since becoming a public company earlier this year.

Business - MarketWatch - 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 - 3 days ago

Reeves’s invidious choices in the Budget

As the FT’s chancellor game shows, the new ‘golden rule’ is her binding constraint. Meeting it could bolster fiscal credibility

World - Financial Times - October 16

Rachel Reeves’ new rules

She learned this one simple trick… hopefully bond markets don’t HATE her

World - Financial Times - October 24

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

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

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 - Yesterday

Rachel Reeves’s Budget balancing act

The chancellor’s tax plans must avoid overburdening business and investors

Business - Financial Times - October 21

Reeves should embrace the freedom of disapproval

The UK chancellor and PM Keir Starmer need to dispense with the excessive caution of opposition

Business - Financial Times - October 25

Reeves pledges £1.4bn for 'crumbling' classrooms ahead of Budget

The chancellor says the government will ensure that 50 schools in England are rebuilt every year.

Where is the growth in Reeves' 'Budget for growth'?

Labour's first Budget in 14 years had a lot to say about growth, but forecasts paint a mixed picture.

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

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

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.

Business - MarketWatch - October 17

This Expert Says AI Efficiency Soars When it Uses Video to Crunch Numbers

The key to optimal chatbot use hinges on making the right prompt to get the AI to respond precisely. A researcher found out we may be doing it wrong.

Business - Inc. - October 18

World Series ticket prices soaring ahead of Yankees-Dodgers matchup

The matchup between the New York Yankees and Los Angeles Dodgers has fans clamoring for World Series tickets, and that means prices are soaring.

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

Senators take aim at big private equity landlords as rents soar

With home and apartment rental costs soaring, four Democratic senators are calling for more scrutiny on Wall Street financiers snatching up rental homes.

Why U.S.-Russia tensions have sent palladium prices soaring

Palladium futures rallied Thursday to their highest price of the year, buoyed by the suggestion of sanctions on exports of the metal from Russia, which is the world’s largest exporter.

Business - MarketWatch - October 24

This chart shows how Nvidia soared back toward the top of the tech heap

Nvidia has tacked on more than $1 trillion in market cap in less than three months, as it looks to reclaim the title of most valuable U.S. company.

Business - MarketWatch - 5 days ago

Trump, Harris tax-break costs soar to more than $12 trillion

Vice President Kamala Harris and former President Donald Trump have been proposing a slew of new tax cuts and credits over the course of their campaigns, and are even adding to the list in the ...

Business - MarketWatch - 2 days ago

DJT stock soars amid Donald Trump's rise in the betting markets

Trump Media's shares have soared with the former President Donald Trump's rise in the betting markets.

Iran’s defence budget set to soar as regional tensions rise

Recommendation to parliament for substantial increase in military spending comes after recent exchange of fire with Israel

World - Financial Times - 2 days 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 - 2 days ago

Alphabet quiets the doubters with ‘all-around’ strength that sends stock soaring

“We believe that this ship is sailing smoothly and doing everything right,” an analyst says.

Business - MarketWatch - Yesterday

Roblox’s stock soars on third-quarter bookings beat and raised guidance

Roblox shares rose after the online gaming company reported better-than-expected third-quarter bookings and raised its full-year guidance.

Business - MarketWatch - 16 hours ago

NHL Power Rankings: Jets Still Soar, But It's Very Close Up Top

The NHL power rankings' top squad retains its spot, but for how long? The past week has seen some big climbers and surprising fallers as Jason Chen ranks all 32 NHL teams.

Sports - Yahoo Sports - Yesterday

China is turning Japanese

At least that’s what the bond market is whispering

World - Financial Times - October 17

"Rhapsody in Blue" turns 100

This year, musicians all over the world, from Carnegie Hall to the Hollywood Bowl, are celebrating the 100th birthday of George Gershwin's "Rhapsody in Blue." Correspondent David Pogue looks into ...

Modern Love Turns 20!

To celebrate the Modern Love column’s 20th anniversary this month, we put together a special package of articles exploring the column’s history and impact.

Lifestyle - The New York Times - October 22

Is this economy turning against cities?

The economic effects of the pandemic on the urban real estate market are well known: spiking rents and mortgage rates, a large dip in sales, and an overall mismatch between housing supply and ...

Politics - The Hill - October 23

Reeves signals business taxes will rise in Budget

Chancellor says companies understand government must make ‘difficult decisions’ to balance books

Business - Financial Times - October 14

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