Amazon Stock Drops on Wall Street Miss, Despite Biggest Cloud Growth in Years
The online behemoth's net income topped $20 billion for the third quarter, but free cash flow plunged.
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Intel Shares Plunge More Than 20% on Weak PC-Market Outlook
The chip maker warned that challenges in the segment, driven by high memory-chip prices, will continue into 2028.
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Binance Founder Says Exchange May Be Victim of Biggest-Ever Crypto Heist
Changpeng Zhao said Binance users' funds were safe. But hackers appeared to have made off with at least $1.7 billion-and possibly more, analysts said.
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Starbucks Same-Store Sales Climb on U.S. Growth
The coffee-shop chain's same-store sales increased 7.2% in the fiscal fourth quarter, driven by higher average ticket values and an uptick in transactions.
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DoorDash to Buy Instacart for $17 Billion
DoorDash said the deal values Instacart at $65 a share.
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TPG Expects to Haul In Record $55 Billion This Year
The firm holds around $86 billion in capital ready to invest as executives point to robust deal pipelines despite broader private-markets headwinds.
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Ares Management Sees Year-End Momentum Despite Market Slowdown
The firm expects its capital deployment and fundraising activity to pick up in the fourth quarter.
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Hackers Swipe Millions From Polymarket Users in Latest Security Breach
Traders who lost money on the incident will be "made whole," the prediction-markets platform said.
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Air Canada Expects High Fuel Costs to Eat Further Into Profit
The airline cut its full-year adjusted EBITDA outlook to C$2.4 billion to C$2.7 billion, down from its earlier range of C$2.9 billion to C$3.2 billion.
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Roblox Narrows Loss as User, Engagement Metrics Fall
The video-game company said average daily users were down 9% to 138 million, and engagement hours fell 15% to 34 billion.
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Rivian Earnings Show There Is Still Life in the EV Market
The automaker's quarterly report was solid. Gross profit topped Wall Street estimates and vehicle sales were up.
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Mondelez Profit, Sales Rise on Emerging Market Growth
The company, which owns Oreo and Ritz, posted a profit of $1.31 billion in the third quarter, fueled by growth outside of its core North America and Europe business.
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Cleveland-Cliffs to Retain Stelco Amid Jobs Dispute With Canadian Government
Cleveland-Cliffs is ruling out selling Stelco until the business improves production and 175 laid-off workers return to their jobs, an effort Chief Executive Lourenco Goncalves said hinges on Canadians buying the company's steel products.
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Josh Kushner's Thrive to Buy ADT for $7.6 Billion
Thrive will pay $10 a share in cash for the home-security company, a 35% premium to Wednesday's closing price of $7.41.
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Chevron Is Back to Searching for Oil and Gas in Far-Flung Places
The company is riding financial and political tailwinds to further oil exploration and investment, while global conflicts crimp energy supplies.
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Universal Music Logs Higher Revenue as Subscriptions, Streaming Pick Up
The company's revenue increased to $3.78 billion in the third quarter as growth from subscriptions and streaming services showed signs of a rebound.
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Caterpillar Sales Jump on Growing AI Demand, But Wall Street Wanted More
Caterpillar said sales climbed in the latest quarter, though the increase failed to clear Wall Street's high expectations.
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Eli Lilly Revenue Climbs on Demand for Obesity Drugs
The pharmaceutical company's third-quarter profit came in at $6.45 billion, or $7.22 a share, compared with $5.58 billion, or $6.21 a share, a year earlier.
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