November 8, 2023
“…Robinhood also reported fewer monthly active users, which fell 16% to 10.3 million in the third quarter from the same period last year. Although third-quarter revenue rose 29% to $467 million, it fell short of the $480 million analysts were… Continue Reading…
November 8, 2023
“Warner Bros. Discovery shares fell Wednesday after the company reported a decline in advertising revenue, a bigger-than-expected loss and lackluster streaming subscriber numbers. Here’s what the company reported for the quarter ended Sept. 30, versus analysts’ estimates, according to LSEG, formerly… Continue Reading…
November 7, 2023
“Intel stock closed up 9.3% on Friday after the company beat Wall Street expectations for profit and sales. On Thursday, the chipmaker reported earnings per share of 41 cents, adjusted, versus the LSEG estimate of 22 cents. It posted $14.16 billion in revenue… Continue Reading…
November 6, 2023
“Citigroup’s managers and consultants working on CEO Jane Fraser’s reorganization have discussed job cuts of at least 10% in several major businesses, CNBC reported on Monday, citing people with knowledge of the process… Last month, Citi said it would cut… Continue Reading…
November 3, 2023
“…Shares of Palantir closed up 20% Thursday after the company released third-quarter earnings that beat analysts’ expectations and raised full-year revenue guidance. Here’s how the company did: Palantir’s revenue for the third quarter increased 17% to $558 million, from $478 million a year earlier.… Continue Reading…
November 3, 2023
“Shipping giant Maersk, a bellwether for global trade, on Friday announced plans to reduce its workforce by more than 10,000 people and said it expected profit to be at the low end of prior guidance. The firm’s Denmark-listed shares had fallen… Continue Reading…
November 2, 2023
“…Mounjaro, Lilly’s new diabetes drug, brought in $1.41 billion in sales, growing 652% and coming in above estimates for $1.28 billion. Lilly is hoping the Food and Drug Administration will soon approve Mounjaro as a weight-loss drug…” https://www.investors.com/news/technology/eli-lilly-stock-eli-lilly-earnings-q3-2023/?src=A00220
November 2, 2023
“…For the September quarter, Novo’s sales climbed 29% to 58.73 billion Danish krone, or roughly $8.39 billion, based on today’s exchange rates. That topped the FactSet-polled analyst view for 57.88 billion Danish krone. Adjusted profit came out 5.02 Danish krone… Continue Reading…
November 2, 2023
“Shopify stock jumped more than 15% on Thursday morning after the Canadian e-commerce company reported third-quarter results that beat expectations, and gave a strong forecast for the remainder of the year. Here’s how the company did for the quarter compared to LSEG (formerly… Continue Reading…
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