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Banking

“Citi reports a rise in earnings with every business posting record third-quarter revenue”

October 14, 2025

“Citigroup posted stronger-than-expected third-quarter earnings on Tuesday before the bell, with every division generating record revenue. Here’s what the bank reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG: Shares of the bank dipped… Continue Reading…

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Business

“Stellantis U.S. auto sales extend free fall in third quarter”

October 8, 2024

“Stellantis reported U.S. sales Wednesday of 305,294 from July through September, a 19.8% decline from the third quarter of 2023. The company was expected to be the worst sales performer of major automakers during the third quarter. Stellantis’ disappointing sales… Continue Reading…

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Business, Stocks

“Amazon shares slide on revenue miss, disappointing guidance for third quarter” [Aug 1 2024]

August 5, 2024

“Amazon reported weaker-than-expected revenue for the second quarter on Thursday and issued a disappointing forecast for the current period. The shares slid as much as 6% in extended trading. Here’s how the company did: Wall Street is also looking at these key numbers:… Continue Reading…

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Business

“Boeing expects to burn cash again in third quarter after wider-than-expected loss” [Jul 31 2024]

August 2, 2024

“Boeing reported a bigger loss and weaker revenue than analysts expected for the second quarter. Both the company’s commercial and defense units have been challenged by programs running behind schedule and higher-than-expected costs. The company is under increased federal scrutiny… Continue Reading…

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Economy

“US household wealth falls in third quarter”

December 8, 2023

“U.S. household wealth fell to roughly $151 trillion in the third quarter, pulled down by a drop in the value of stocks which more than offset a half-trillion rise in the value of property prices, the Federal Reserve said on… Continue Reading…

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Business

“China’s largest chipmaker SMIC posts a 80% drop in third-quarter profit”

November 10, 2023

“China’s largest chipmaker SMIC on Thursday posted a 80% drop in third-quarter profit as global demand weakness hit foundries hard. Net income for the quarter ended September plunged 80% compared to a year ago — larger than the 64% drop posted in second quarter… Continue Reading…

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Business, Stocks

“Palantir [Defense & AI company ]shares pop 20% after its third-quarter results beat estimates”

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…

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Business

“Eli Lilly Smashes Third-Quarter Forecasts As Diabetes [Drug] Blockbuster Grows 652%”

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

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Economy

“U.S. GDP grew at a 4.9% annual pace in the third quarter, better than expected”

October 26, 2023

“…Gross domestic product, a measure of all goods and services produced in the U.S., rose at a 4.9% annualized pace in the July-through-September period, up from an unrevised 2.1% pace in the second quarter, the Commerce Department reported Thursday.. Economists surveyed by… Continue Reading…

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Business

“TSMC third-quarter profit to slide 30%, focus on how much growth to come”

October 18, 2023

“…The likely decline in profit also reflects a strong performance last year, when the company was still riding high on pent-up post-pandemic demand. The world’s largest contract chipmaker is set to report net profit of T$195.9 billion ($6 billion) for… Continue Reading…

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