Today, on November 1, Uber will release its report for the third quarter of the current financial year. Wedbush’s analysts expect that this report will demonstrate the company’s solid results.
Today, on November 1, Uber will release its report for the third quarter of the current financial year. Wedbush’s analysts expect that this report will demonstrate the company’s solid results.
On Thursday, stocks of mining and construction equipment maker Caterpillar made their biggest gain of the day.
Last Friday, the stock of Amazon.com Inc declined by 8% in the face of unmet forecasts for the holiday quarter, which were lower than Wall Street analysts’ estimates. At the same time, Big Tech peers of the commerce giant have already recovered from a series of falls and sell-offs.
On Friday, Exxon Mobil Corp showed a record quarterly profit, driven by rising oil and gas prices. The company's profit margin has almost reached the level of Apple.
Markets will face another significant U.S. Federal Reserve interest rate hike. Officials expect a fourth consecutive 75 basis point rate hike on Wednesday, Nov. 2 at 2 p.m. ET.
Dogecoin surged on Saturday, October 29, Reuters reported. The hike follows a $44 billion acquisition of Twitter by Elon Musk.
Chevron Corp posted its second-highest quarterly profit ever, beating analysts' estimates.
Mastercard Inc. on Thursday dismissed fears of slower consumer spending growth after a lower-than-expected revenue growth forecast for the last three months of the year overshadowed an upbeat quarter for the U.S. payment system.
Merck & Co. reported better-than-expected Q3 sales and earnings Thursday. Those results came on the back of a jump in demand for Keytruda cancer immunotherapy and the human papillomavirus vaccine Gardasil.
On Thursday, Apple Inc announced revenue and profit that exceeded expectations of Wall Street, thereby becoming one of the few positive news in the IT sector, which has been hit by inflation-driven spending cuts, according to Reuters.