Uber posts first small adjusted profit as ridership rises, delivery gets more profitable
Uber Technologies Inc on Thursday reported its first profitable quarter on an adjusted basis since it launched more than a decade ago with its two most important segments, ride-hailing and restaurant delivery, both turning the corner.
Airbnb reports $834M profit as revenue soars
Airbnb said Thursday that it earned $834 million on record revenue in the third quarter as more people got vaccinated and went back to traveling.
Peloton shares drop as pandemic-related uncertainty weighs on outlook
Shares of Peloton have plunged as much as 30% in after-hours trading Thursday after the fitness equipment giant cut its full-year 2022 guidance due to a slow start to the second quarter and "challenged visibility" in its near-term operating performance as a result of uncertainty related to the COVID-19 pandemic.
News Corp profit surges on gains in real estate, book publishing, news media
News Corp said quarterly profit rose nearly sixfold, driven by strong growth at its digital real-estate and book-publishing businesses as well as at Wall Street Journal parent Dow Jones & Co.
Profit miss and Portnoy allegations taint Penn National shares
Penn National Gaming’s stock plunged 21% in trading Thursday following a lukewarm earnings report and the publication of an article accusing Barstool Sports founder Dave Portnoy of sexual misconduct.
Fox's revenue rises amid increased advertising sales
Fox Corp., parent of Fox News and the Fox broadcast network, reported higher revenue in the latest quarter, as more original entertainment programming, live sports and growth at its streaming platforms boosted advertising sales.
Toyota lifts annual profit outlook on a weaker yen
Japan's Toyota Motor Corp raised its profit outlook on Thursday helped by favorable currency rates but warned that the global semiconductor shortage still posed risks to its full-year production plans.
Qualcomm posts record sales amid surging demand for 5G smartphones
Qualcomm Inc. posted record quarterly sales and forecast further growth amid surging demand for 5G smartphones in the face of supply-chain constraints.
Dow reclaims 36,000 as S&P, Nasdaq hit records
U.S. stocks hovered near record levels as investors digest more earnings and as the Federal Reserve kicks off its two-day meeting.
How will inflation impact November markets?
The Leuthold Group chief investment strategist Jim Paulsen, Main Street Asset Management CIO Erin Gibbs and Harris Financial Group managing partner Jamie Cox share their market analysis and investing advice.
Clorox plans more price hikes as transportation, commodity costs rise
Clorox has announced it will implement price hikes for approximately 50% of its portfolio in November and 70% of its portfolio by the end of fiscal 2022 as it looks to mitigate inflationary headwinds.
Growth or value stocks: Which is better?
Advisors Capital Management founder Joanne Feeney and Strategic Wealth Partners advisor Luke Lloyd discuss on 'Making Money with Charles Payne'
What to expect from November markets
Yardeni Research President Ed Yardeni, Kaltbaum Capital Management President Gary Kaltbaum and Money Map Press chief strategist Shah Gilani on earnings, the economy and what markets will look like this month.
Fed will 'lose all credibility' if they don't admit inflation is not transitory: Ghabour
Key Advisors Group co-owner Eddie Ghabour on what to expect from the Fed on inflation, interest rates and October's jobs report.
Fed decision, jobs report, CVS Health earnings top week ahead
The Federal Reserve releases its decision on interest rates and likely an update on inflation Wednesday.
How to play the 'ongoing' market recovery
Richard Bernstein Advisors CIO Dan Suzuki joins Macro Trends Advisors partner Mitch Roschelle on 'Making Money with Charles Payne'
Amazon to pay billions to prevent holiday shortages
Bankrate senior economic analyst Mark Hamrick and Simpler Trading director of options Danielle Shay on retailers like Amazon preparing for the holiday shopping season and how this can impact companies’ earnings and stocks.
Apple, Amazon earnings prove real dollars being influenced by 'lack of access': Expert
Third Bridge TMT global sector lead Scott Kessler says Apple and Amazon earnings fell below estimates due to supply chain issues.
Disappointing earnings a 'wake-up call' for Apple, Amazon: Cornerstone Wealth CIO
Cornerstone Wealth CIO Cliff Hodge argues that supply chain disruptions have impacted earnings for some of the best-run companies.
Apple posts rare sales miss amid chip shortage, supply issues
Apple posted a rare sales miss in its fourth fiscal quarter of 2021 on Thursday as the iPhone maker contended with a global chip shortage and manufacturing delays related to the COVID-19 pandemic.