Carvana (CVNA) Q3 2024 earnings
A Carvana sign and signature vending machine in Tempe, Arizona. Michael Wayland | CNBC Carvana on Wednesday raised its 2024 earnings guidance after the online used-car retailer significantly topped Wall Street’s third-quarter expectations. Here’s how the company performed in the third quarter, compared with average estimates compiled by LSEG: Earnings per share: 64 cents vs. 25 […]
Starbucks (SBUX) Q4 2024 earnings
Brian Niccol speaking on CNBC’s “Squawk Box” on Oct. 30, 2018. Anjali Sundaram | CNBC Starbucks on Wednesday reported quarterly earnings and revenue that missed analysts’ expectations as sales in the U.S. and China, its two biggest markets, disappointed. The company previously released a preliminary report of its quarterly results on Oct. 22 and announced […]
With Reality Labs, Meta risks heading down slippery slope of overspending again
Zuckerberg said that he is going to keep building out Meta’s infrastructure and data centers, because the opportunity is so huge, even if investors don’t like it.
Starbucks will stop charging extra for dairy alternatives
Starbucks offers oat milk as a dairy-free option. Source: Starbucks Starbucks said Wednesday that it will remove the surcharge for dairy substitutes, saving some U.S. customers more than 10% on their drinks. The change goes into effect Nov. 7 and follows years of pleading from customers to eliminate the extra fee, especially as milk alternatives […]
‘DJT’ shares see sharpest decline in nearly 7 months with election days away
Shares of Trump Media & Technology Group fell more than 22% Wednesday.
Why sales of Eli Lilly’s Zepbound and Mounjaro fell short
Eli Lilly’s blockbuster weight loss drug Zepbound and diabetes treatment Mounjaro posted weaker-than-expected sales for the third quarter, even as supply of both medicines have largely recovered from widespread shortages in the U.S. The reason, according to the company, is not an issue of demand or supply. Eli Lilly instead blamed disappointing sales on drug […]
‘Am I a monster for keeping this to myself?’ I bought a house with my boyfriend, but didn’t reveal I have $50,000 in investments. Do I come clean?
“I could have cashed out my investments to get us closer to a 20% down payment.”
Starbucks Oleato olive oil drinks leaving U.S. cafes in early November
Starbucks’ new Oleato coffee beverages. Starbucks Starbucks’ controversial line of olive oil-infused drinks will leave U.S. stores in early November. The decision to remove the Oleato drinks from domestic menus predates newly installed CEO Brian Niccol, who arrived at Starbucks in early September, a company spokesperson said. However, it aligns with Niccol’s strategy to simplify […]
Eli Lilly (LLY) earnings Q3 2024
Lilly Biotechnology Center is shown in San Diego, California, U.S. March 1, 2023. Mike Blake | Reuters Eli Lilly on Wednesday fell short of profit and revenue expectations for the third quarter, weighed down by disappointing sales of its blockbuster weight loss drug Zepbound and diabetes treatment Mounjaro, and slashed its full-year adjusted profit guidance. […]
Humana’s earnings boosted as Medicare Advantage membership exceeds expectations
The health insurer still sees full-year adjusted per-share earnings of at least $16.
