Tag: business news

Sony's PlayStation 5.Thiago Prudencio | Lightrocket | Getty ImagesSony raised sales guidance for the full year Thursday and posted operating ...

Rivian lowers earnings guidance after missing Wall Street’s third-quarter expectations

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Rivian Automotive lowered its earnings forecast for the year after missing Wall Street's third-quarter expectations, including a significant miss in ...

China expected to announce highly anticipated fiscal stimulus package

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Pictured here is a construction site of property developer Hongkong Land, in Shanghai on Nov. 4, 2024.Feature China | Future ...

Block reports revenue miss but a slight beat on earnings

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Block reported third-quarter revenue on Thursday that trailed Wall Street expectations. The stock initially sold off after hours but erased ...

Affirm beats on top and bottom lines

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Affirm, the provider of buy now, pay later loans reported better-than-expected fiscal first-quarter results.Here's how the company did, compared to ...

Federal Reserve cuts interest rates by a quarter point

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The Federal Reserve approved its second consecutive interest rate cut Thursday, moving at a less aggressive pace than before but ...

Trump likely to uphold CHIPS Act despite his campaign rhetoric, policy experts say

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Illustration of the China and U.S. flag on a central processing unit.Blackdovfx | Istock | Getty ImagesPresident-elect Donald Trump is ...

Warner Bros. Discovery adds 7.2 million Max subscribers, the streamer’s largest single-quarter jump

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Jakub Porzycki | Nurphoto | Getty ImagesWarner Bros. Discovery said Thursday its streaming platform Max added 7.2 million global subscribers ...

Trump win and threat of more tariffs raises expectations for more China stimulus

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Chinese and U.S. flags flutter near The Bund, before U.S. trade delegation meet their Chinese counterparts for talks in Shanghai, ...

Payments giant Adyen reports 21% jump in third-quarter sales

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