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THIRD QUARTER EARNINGS
Final October Social Security payment of up to $5,181 lands Wednesday: why only some retirees are paid this week and how much you can actually expectSome US retirees could receive up to $5,181 in Social Security benefits on Wednesday, October 28. But the amount is not for everyone, and p...
Asia-focused banks face bond market risks ahead of Q3 earningsAsia-focused banks face mounting pressure from rising bond yields, inflation and currency volatility ahead of third-quarter earnings. HSBC,...
US stocks face crucial test as AI earnings, Fed meeting loomUS stocks face a crucial week as earnings from Alphabet, Microsoft and Amazon coincide with the Federal Reserve’s policy decision. Investor...
Sinking profits turn China’s $3.5 trillion rout into trapChinese stocks are experiencing a significant selloff resulting in a loss of $3.5 trillion since May. Increased competition and declining d...
US Markets Today: Dow ends 600 pts lower as AI doubts persist ahead of Fed meetUS stocks ended lower after a turbulent week as fresh doubts over the AI trade weighed on sentiment. The Dow fell 1.25%, while the S&P 500 ...
Shree Cement profit falls 15% YoY to Rs 263 crore on higher fuel costsShree Cement’s September-quarter net profit fell over 15% year-on-year to Rs 263 crore for the third consecutive quarterly decline. Revenue...
JK Tyre to hike prices by 4-5% in Q3 as raw material costs stay elevatedJK Tyre & Industries Ltd intends to raise tyre prices by 4-5% in the current quarter. The company aims to offset higher raw material and co...
European corporate earnings outlook improves as energy profits surgeEuropean corporate earnings growth is forecast to reach 21.9% in the third quarter, driven by soaring energy profits amid US-Iran war volat...
Nasdaq CEO flags IPO slowdown amid market volatilityThe IPO market is grappling with hurdles stemming from macroeconomic instability and fluctuating market conditions that are influencing cor...
New IPO listing at Nasdaq is down at alarming rate, US Stock Market blue-chip index CEO explains whyIPO at US Stock Market: With the 30-year Treasury yield sitting at near two-decade highs, the surging cost of capital has dramatically alte...
Barclays Q3 profit rises 12% YoY, lender announces £500 million share buybackBarclays reports a 12% rise in third-quarter pretax profit to £2.3 billion, broadly meeting expectations, and announces a £500 million shar...
The Netflix story: Job cuts, exits, sinking stock, and the battle for viewership. A plot twist that isn't on screenNetflix faces a turbulent chapter as it grapples with stagnant subscriber growth and a notable drop in viewing hours. Recent high-stakes re...
Global Market: China, Hong Kong stocks fall as CATL slump, consumer worries weighChinese and Hong Kong stocks fell as slower profit growth at CATL and concerns over weak domestic consumption weighed on sentiment. Consume...
Netflix issues weak fourth-quarter forecast, shares dropThird-quarter revenue rose 11.8% to $12.87 billion, in line with Wall Street forecasts, but the lowest rate of increase in nearly three yea...
US Stocks: GM's core profit rises 22% on strength of pickup-truck businessGeneral Motors exceeded analyst expectations in third-quarter earnings, driven by robust demand for their pickups and SUVs. The company rep...
Meta's AI spending, Muse assistant adoption in focus for quarterly resultsMeta is gearing up to unveil its third-quarter earnings, driven mainly by notable investments in AI and the innovative Muse assistant. Rece...
US stocks: US market ends down sharply; worries about AI trade and high oil prices weighWall Street faced a sharp decline on Friday as AI-related technology stocks came under renewed pressure. Concerns regarding debt-laden AI i...
S&P 500’s road to 8,000 grows tougher as yields rise, AI doubts mount; all eyes on quarterly earningsAnalysts are doubtful about the S&P 500 crossing the 8,000 points mark despite strong earnings expectations. The rise in oil prices and bon...
US stocks: US market posts weekly gains with earnings, inflation data on tapWall Street finished strong on Friday, fueled by optimism ahead of the third-quarter earnings reports from major players like Wells Fargo a...
Global Market: European companies set for 21% Q3 earnings growth, led by energy firmsEuropean companies are expected to post 21% third-quarter earnings growth, led by energy firms benefiting from supply disruptions. However,...