Netflix (NFLX) earnings Q3 2023
Thomas Trutschel | Photothek | Getty Images LOS ANGELES — Netflix shares surged after the closing bell Wednesday as the company reported a boost in subscriber growth driven by a password-sharing crackdown efforts and interest in its new ad-supported tier. The streaming giant added 8.76 million global subscribers during the quarter, higher than 5.49 million […]
30-year fixed mortgage rate just hit 8% for the first time since 2000
JB Reed | Bloomberg | Getty Images The average rate on the popular 30-year fixed mortgage rate hit 8% Wednesday morning, according to Mortgage News Daily. That is the highest level since mid-2000. The milestone came as bond yields soar to levels not seen since 2007. Mortgage rates follow loosely the yield on the 10-year […]
Forget stocks! Gold enjoys a moment over the past year as it hurtles to $2,000
Gold futures rallied on Wednesday, with prices looking to settle at their highest levels since late August after an explosion at a Gaza City hospital prompted investors to shun risky assets and seek safety in the precious metal. Wednesday’s rise in prices has helped gold outperform the S&P 500 index SPX on a 12-month return […]
Morgan Stanley (MS) earnings 3Q 2023
Morgan Stanley Chairman and Chief Executive James Gorman speaks during the Institute of International Finance Annual Meeting in Washington, October 10, 2014. Joshua Roberts | Reuters Morgan Stanley posted third-quarter results Wednesday that topped profit estimates on better-than-expected trading revenue. Here’s what the company reported: Earnings per share: $1.38, vs. $1.28 estimate from LSEG, formerly […]
Morgan Stanley earnings fall 10% but beat Wall Street expectations
Morgan Stanley on Wednesday said its third-quarter profit fell 10% amid weakness in its investment banking business, but its trading and asset-management revenue rose. Morgan Stanley MS, +2.03% said profit for the three months ended Sept. 30 fell to $2.26 billion, or $1.38 a share, from $2.49 billion, or $1.47 a share, in the year-ago […]
Morgan Stanley earnings fall 10% but beat Wall Street expectations
Morgan Stanley on Wednesday said its third-quarter profit fell 10% amid weakness in its investment banking business, but its trading and asset-management revenue rose. Morgan Stanley MS, +2.03% said profit for the three months ended Sept. 30 fell to $2.26 billion, or $1.38 a share, from $2.49 billion, or $1.47 a share, in the year-ago […]
Procter & Gamble (PG) Q1 2024 earnings
Tide laundry detergent is shown on display in Compton, California. Mike Blake | Reuters Procter & Gamble is expected to report its fiscal first-quarter earnings before the bell Wednesday. Here’s what Wall Street analysts surveyed by LSEG, formerly known as Refinitiv, are expecting: Earnings per share: $1.72 Revenue: $21.58 billion For roughly two years, P&G […]
ASML expects flat 2024 revenue due to demand uncertainty
ASML Holding said it expects revenue next year to be similar to 2023 given uncertainty around demand recovery in the semiconductor industry, but posted better-than-expected net income for the third quarter. “The semiconductor industry is currently working through the bottom of the cycle and our customers expect the inflection point to be visible by the […]
United Airlines (UAL) 3Q 2023 earnings
A Boeing 787-10 Dreamliner, from United Airlines, taking off from Barcelona airport in Barcelona on March 28, 2023. JanValls | Nurphoto | Getty Images United Airlines said more expensive jet fuel and a halt to the carrier’s Tel Aviv flights during the Israel-Hamas war will eat into its profits in the last three months of […]
United Airlines (UAL) 3Q 2023 earnings
A Boeing 787-10 Dreamliner, from United Airlines, taking off from Barcelona airport in Barcelona on March 28, 2023. JanValls | Nurphoto | Getty Images United Airlines said more expensive jet fuel and a halt to the carrier’s Tel Aviv flights during the Israel-Hamas war will eat into its profits in the last three months of […]
