Carvana soars on elevated used-car sales, bullish outlook – Yahoo Finance
(Bloomberg) — Carvana Co. reported higher-than-expected results for the most recent quarter, as growing sales and cost cutting brought about…
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Starbucks CEO: Plans underway to pause price increases, remove iced energy drink, make coffee in 4 minutes or less – Yahoo Finance
New Starbucks CEO Brian Niccol is trying to tackle baristas, customers, and investors’ biggest problems as the chain reports disappointing…
Microsoft Cloud revenue rises on AI boom but softer outlook weighs on shares – Financial Times $MSFT
Warnings of slowing Azure growth and rising data centre costs damp initial optimism on tech giant’s quarterly earnings #stockmarket #breaking
Cathie Wood Loads Up on Amazon Stock Ahead of Earnings – TipRanks $AMZN
It’s almost time for Amazon (NASDAQ:AMZN) to report 3Q24 earnings, with the ecommerce giant slated to release its latest financial…
Microsoft CFO says OpenAI investment will cut into profit this quarter – CNBC $MSFT
Microsoft has invested over $13 billion in OpenAI, a bet that’s weighing on the company’s profitability. #stockmarket #breaking
China’s factory activity expands for the first time since April, official survey shows – CNBC
China’s official purchasing managers’ index for October came in at 50.1, according to National Bureau of Statistics data released Thursday.…
China’s BYD overtakes Tesla revenue for first time – BBC.com $TSLA #Tesla
The electric vehicle giant saw its revenues jump 24% as government subsidies boost China’s car industry. #stockmarket #breaking
S&P 500 futures slip after Microsoft reports; traders brace for key inflation data: Live updates – CNBC $MSFT
Traders reviewed results from Microsoft and Meta Platforms, and they looked ahead to a key inflation reading due Thursday morning.…
Asian stocks dragged by tech, yen gains on BOJ’s hawkish hints – Reuters
Asian stocks slid on Thursday as chip-sector stocks tracked overnight declines by Wall Street peers, while Facebook owner Meta Platforms…
Institutional Investors Position for Bitcoin Volatility Into the U.S. Election – CoinDesk $BTC #Bitcoin
Some $350 million notional value of November call options traded on CME with a breakeven bitcoin price of nearly $80,000,…
Meta’s Reality Labs posts $4.4 billion loss in third quarter – CNBC
Meta’s Reality Labs unit, which develops augmented and virtual reality technologies, logged an operating loss of $4.4 billion in the…
Michael Saylor’s MicroStrategy Plans to Raise $42B to Buy More Bitcoin Over Next 3 Years – Yahoo Finance $BTC #Bitcoin
Self-described Bitcoin development company MicroStrategy (MSTR) didn’t add to its bitcoin {{BTC}} holdings since mid-September, but the firm announced an……
Carvana’s stock soars 20% as used-car retailer calls for better times ahead – MarketWatch
None #stockmarket #breaking
S&P 500 Gains and Losses Today: Supermicro Stock Dives as Accounting Firm Resigns – Investopedia
The S&P 500 slipped 0.3% on Wednesday, Oct. 30, as the latest GDP data showed an unexpected deceleration in economic…
McDonald’s E. coli cases rises to 90 as federal officials inspect a NW onion grower – OregonLive $MCD #mcdonalds
The onions were served on Quarter Pounder hamburgers at hundreds of McDonald’s locations and were distributed by Taylor Farms, a…
Iran’s Energy Infrastructure More Vulnerable To Future Attacks – OilPrice.com
Standard Chartered thinks that the market underestimated the risk of an attack on Iranian energy infrastructure after the U.S. Presidential…
Even Mark Zuckerberg seems surprised by Meta’s pace of spending on AI – CNBC
Meta CEO Mark Zuckerberg explained on the earnings call how the speed of Meta’s AI technology buildout led the company…
Asia markets slip ahead of BOJ decision; China factory activity expands for first time since April – CNBC
The Bank of Japan is expected to hold rates at 0.25%, according to a Reuters poll of economists. #stockmarket #breaking
Jack Dorsey hits Tidal with another mass layoff: “We need to build like a startup again” – Fortune
The streaming music service, founded by Jay-Z, has been owned by Dorsey’s Block for several years. #stockmarket #breaking
Space Force opens national security launch contracts to new players – SpaceNews
For this on-ramp opportunity, prospective launch providers must have a credible plan for a first launch by December 2025 #stockmarket…