Reported 4 days ago
German software company SAP reported a 12% rise in third-quarter profit, driven by strong demand for its cloud services. However, the company fell short of revenue expectations, leading to a 3% drop in its U.S.-listed shares. Third-quarter revenue increased by 7% to 9.08 billion euros, while cloud revenue growth slowed to 22%. SAP forecasts its cloud revenue for the full year at the lower end of expectations.
Source: YAHOO
Reported 4 days ago
A surge in successful initial public offerings is sparking strong interest in private companies tied to artificial intelligence, as investors strive for early exposure before these firms go public. Platforms for accredited investors are seeing increased activity in pre-IPO share trading, particularly with AI-related firms like CoreWeave Inc. and Figma Inc. gaining substantial market traction. The rise in private investment is notable as the number of public companies declines, with AI-related businesses being among the most sought after in the private equity space.
Source: YAHOO
Reported 4 days ago
US stocks fell on Wednesday, led by declines in major indices including the Dow Jones, S&P 500, and Nasdaq, as Netflix's hefty earnings miss sparked concerns, with shares dropping around 10%. Investors are preparing for Tesla's earnings report, which is anticipated to impact market sentiment further. Additionally, gold prices, after a significant drop, partially recovered, while cryptocurrencies like bitcoin faced a steep decline. The backdrop of ongoing economic uncertainties, including trade tensions and federal shutdown implications, added to market volatility.
Source: YAHOO
Reported 4 days ago
Tesla reported mixed results for Q3, with adjusted earnings falling short of estimates at $0.50 per share, compared to the forecast of $0.54. However, the company's revenue surpassed expectations, coming in at $28.1 billion, exceeding the anticipated $26.36 billion. As investors await insights from CEO Elon Musk regarding future developments in robotaxis and autonomous robotics, the stock saw a slight decline of 1.3% following the earnings announcement.
Source: YAHOO
Reported 4 days ago
The ongoing trade war led by President Donald Trump has likely resulted in a permanent loss for U.S. soybean farmers in their key market – China. U.S. soybean exports to China, valued at $12.6 billion in 2024, have drastically declined as China shifts to sourcing from Brazil and Argentina. Analysts predict that even with potential future trade agreements, the U.S. may not regain its previous market share in the soybean market, significantly affecting farmers' income.
Source: YAHOO
Reported 4 days ago
Tesla's stock fell after reporting mixed third-quarter results that missed earnings expectations, although revenue showed growth. Despite a record in vehicle deliveries, CEO Elon Musk warned of a challenging future post-EV tax credit expiration. Musk provided updates on Robotaxi advancements, expecting significant rollout progress by year-end, while the company also faced substantial tariff impacts and ongoing scrutiny over its compensation structures.
Source: YAHOO
Reported 4 days ago
Netflix reported disappointing Q3 earnings, with revenue and profit falling short of analyst expectations, leading to a drop of over 10% in its stock price. Despite earning $11.51 billion in revenue and $5.87 per share, which were both below forecasts, the company remains optimistic for Q4, anticipating higher revenue and earnings. Operating margins took a hit due to unexpected expenses from a tax dispute in Brazil, yet Netflix's robust content slate continued to attract viewers, paving the way for future growth, particularly in advertising revenue.
Source: YAHOO
Reported 4 days ago
Tesla Inc. is witnessing a significant stock price rally, despite an anticipated 25% drop in profits and declining electric vehicle sales, due to investor optimism surrounding Elon Musk's AI-focused future vision. Current market valuations for Tesla are extremely high compared to its earnings and are rooted in hopes for future innovation rather than present performance. Analysts expect a further slowdown in deliveries, raising concerns about sustaining this lofty market valuation based on its current operations as a car manufacturer.
Source: YAHOO
Reported 4 days ago
Workday's CEO Carl Eschenbach announced the launch of new AI model tools aimed at enhancing productivity and competitive advantage against OpenAI. In an interview, he explained how these tools automate tasks like contract review and negotiation, enabling companies to reduce manual efforts and costs. Workday's innovative pricing model, which uses a credit system for accessing AI agents, is also expected to drive business growth, highlighting the integration of AI as a means to amplify human performance rather than replace jobs.
Source: YAHOO
Reported 4 days ago
Nobel laureate Richard Thaler expresses skepticism about the potential returns from AI investments, despite the current hype and soaring stock prices of tech giants. While acknowledging the transformative potential of AI, Thaler warns that the market may be overestimating future profits, drawing parallels to past tech booms and noting that breakthroughs like the iPhone took time to yield significant economic benefits. He emphasizes the uncertainty in predicting the economic impact of AI, urging caution among investors.
Source: YAHOO
Reported 4 days ago
Mattel reports growth in sales of Uno cards and American Girl dolls, with both items showing strong performance as Barbie and Polly Pocket sales decline. Despite a 6% drop in quarterly sales and a 25% decline in net income, the company remains optimistic about meeting its 2025 sales goals, attributing some of the downturn to retailers altering their order strategies due to tariffs. Retailers are increasingly relying on Mattel for shipping and warehousing, allowing for more flexibility in their inventory management.
Source: YAHOO
Reported 4 days ago
In the trucking industry, simply clearing fault codes does not equate to actual repairs. Owner-operators must be vigilant when visiting repair shops that may reset warning lights without identifying the root cause of problems. This practice can lead to severe consequences, including breakdowns and lost client relationships. It's crucial for truck owners to ask specific questions regarding the fault codes, ensure thorough diagnostics and documentation, and understand that quick fixes can ultimately jeopardize their operations.
Source: YAHOO
Reported 4 days ago
A new wave of meme stock trading has surged, driving shares of Beyond Meat and Krispy Kreme sharply higher. Beyond Meat's stock skyrocketed to its highest point in over a year, reflecting immense volatility associated with meme stocks, while Krispy Kreme also recovered significantly. Despite concerns from analysts regarding both companies' market positions and financial health, the buzz continues among investors eager for quick gains, highlighting the unpredictable nature of meme stock trading.
Source: YAHOO
Reported 4 days ago
Meta Platforms is eliminating approximately 600 AI positions, despite ongoing recruitment for its superintelligence lab, which focuses on developing advanced language models. The layoffs will impact units including Fundamental AI Research, but the new TBD Lab, which is actively hiring, remains unaffected. The company encourages affected employees to seek other roles within Meta.
Source: YAHOO
Reported 4 days ago
Europe's aerospace leaders, including Airbus, Thales, and Leonardo, are finalizing plans for a merger aimed at creating a new satellite manufacturing giant to compete with Elon Musk's Starlink. Although the announcement for the merger was delayed by a day due to final legal reviews, insiders indicate that the deal is likely to proceed without major obstacles. This merger is seen as essential for revitalizing Europe's fragmented satellite industry, moving towards a holding company structure that will take up to two years to establish following regulatory approvals.
Source: YAHOO
Reported 4 days ago
As the Q3 earnings season begins, three key themes have emerged: consumer resilience amidst tariff-related cost increases, companies' struggles with profitability due to tariffs, and the effective management strategies of CFOs to maintain earnings beats amid economic uncertainty. Notable earnings reports highlight strong consumer demand, particularly in sectors like luxury and automotive, while other areas continue to face challenges.
Source: YAHOO
Reported 4 days ago
In the current challenging freight environment, small carriers who manage to stay in the game are considered winners. As diesel prices fluctuate and demand remains soft, many fleet owners face tough realities, making survival more important than growth. The article emphasizes the need for discipline in operations, careful financial management, and the importance of protecting one’s capacity without overextending. Despite the temptation to chase growth, the focus should be on enduring this difficult season to emerge stronger.
Source: YAHOO
Reported 4 days ago
Bryan Alsobrooks, president of Phoenix Capital, discussed the challenges facing factoring companies at the FreightWaves Festival of Freight. As shippers extend payment terms from 30 to up to 120 days to manage cash flow, factoring companies are consequently forced to increase their fees, further squeezing carriers and brokers. Despite a weak market, there is ongoing industry consolidation, with smaller factoring firms seeking acquisition by larger entities like Phoenix, which benefits from lower costs of funds due to its bank affiliation.
Source: YAHOO
Reported 4 days ago
Netflix faced a significant drop in its stock value, falling about 10% and becoming the biggest loser in the S&P 500, following disappointing third-quarter earnings that missed Wall Street expectations. The company's financial report was impacted by a one-time tax expense exceeding $600 million in Brazil, which CEO Spencer Neumann described as a unique cost of doing business. Despite a strong content lineup, investor expectations were high, and the mixed results led to a sell-off in shares.
Source: YAHOO
Reported 4 days ago
消息称，Apollo Global Management、Oppenheimer、Jane Street和HSG（前身为红杉资本中国）参与了Kraken加密货币交易所的最新融资轮，该轮融资使公司估值达到150亿美元。Kraken在今年关闭了5亿美元的融资，并计划到年底向美国证券交易委员会提交首次公开募股注册声明，预计在明年第一季度上市。
Source: YAHOO
Reported 4 days ago
FreightWaves announced the winners of the 2026 FreightTech 25 awards during the F3: Future of Freight Festival, honoring innovative companies in the transportation and logistics sector. Highway was recognized as the top company for the second consecutive year, focusing on solving carrier identity. Significant movements included DAT Freight and Analytics at #10 after acquisitions, and C.H. Robinson making its first appearance on the list at #13 after deploying advanced AI technology.
Source: YAHOO
Reported 4 days ago
Source: YAHOO
Reported 4 days ago
On October 22, 2025, U.S. stock indices faced declines due to disappointing earnings reports, with Netflix's shares dropping significantly after the company missed profit expectations linked to a tax dispute in Brazil. Texas Instruments also reported weak earnings, while Intuitive Surgical saw its stock soar following stronger-than-anticipated earnings and a positive outlook. DraftKings and Avery Dennison experienced gains as they made strategic moves in their respective sectors.
Source: YAHOO
Reported 4 days ago
Gold prices have sharply decreased after reaching a record high, experiencing the largest one-day sell-off since September 2011. After closing at $4,374 per troy ounce, prices fell over $250 in a day, influenced by easing trade tensions between the U.S. and China and an overbought market condition. Despite losing some ground, gold prices are still up 50% since the beginning of 2025, while silver prices have risen even higher. Experts express caution regarding gold investments due to its volatility and potential health and environmental hazards linked to mining practices.
Source: YAHOO