Woes Weigh Profits - QuikReader

Meta Earnings Show Revenue Increase, Even as Spending Spree Continues

The Silicon Valley company, which owns Facebook, Instagram and WhatsApp, said it does not plan to slow down its investments anytime soon.

Business - The New York Times - 6 days ago

Robinhood earnings disappoint Wall Street despite company’s upward trajectory

The online brokerage’s third-quarter earnings missed analyst forecasts for both revenue and earnings per share.

Business - MarketWatch - 6 days ago

Samsung Electronics' chip profit shrinks 40% from the previous quarter

The semiconductor unit reported third-quarter operating profit of 3.86 trillion won (about $2.8 billion), down 40% from the previous quarter.

Business - CNBC - 6 days ago

Microsoft CFO says OpenAI investment will cut into profit this quarter

Microsoft has invested over $13 billion in OpenAI, a bet that's weighing on the company's profitability.

Business - CNBC - 6 days ago

DoorDash Posts First Quarterly Profit Since IPO, Launches Partnership With Lyft

DoorDash reported its first quarterly profit since going public in 2020, and launched a partnership with Lyft, as the two companies combine forces against common rival Uber.

Business - The Wall Street Journal - October 30

Shell to buy back $3.5bn of shares as profits beat expectations

Gas division is biggest contributor to earnings as liquefied natural gas production rises

Business - Financial Times - 6 days ago

Dentists are pulling treatable teeth to profit from implants, experts warn

Americans are getting dental implants more than ever — and at costs reaching tens of thousands of dollars. Experts worry some dentists have lost sight of the soul of dentistry: preserving and ...

BBVA Profit Beats Market Views on Mexico, Spain Growth

Banco Bilbao Vizcaya Argentaria’s third-quarter performance in Spain and Mexico, its key markets, drove its profit above market expectations.

Business - The Wall Street Journal - 6 days ago

Danske Bank Lifts Guidance After Net Profit Tops Hopes

The Copenhagen-based bank raised its full-year net profit forecast after reporting a market-beating figure for the third quarter.

Business - The Wall Street Journal - 6 days ago

ConocoPhillips stock rises on Q3 earnings profit beat, robust outlook

ConocoPhillips shares rose 2.8% in premarket trades Thursday after the oil giant reported better-than-expected third-quarter earnings and gave robust production guidance.

Business - MarketWatch - 6 days ago