Business
Comcast tops expectations as it squeezes out a small gain in broadband subscribers
Comcast on Thursday reported third-quarter earnings that beat analyst estimates, despite seeing revenue slightly decline and continued softness in broadband customer growth. Shares jumped 8% in premarket trading. Here’s how Comcast did in the third quarter of 2022 compared with what Wall Street was anticipating, based on a survey of analysts by Refinitiv: Earnings per […]
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5 things to know before the stock market opens Thursday
Traders work on the floor of the New York Stock Exchange. NYSE Here are the most important news items that investors need to start their trading day: 1. Weathering a busy week Markets don’t look much clearer now that we’re over the hump in a busy earnings week. The three major indices had a mixed […]
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IEA says clean strength expense may perhaps exceed $2 trillion a 12 months by 2030 — but it truly is not adequate
Wind turbines photographed off the coast of Wales. Thoroughly clean vitality investment decision could be on system to exceed $2 trillion for every 12 months by 2030, according to the Global Electricity Company. Ben Birchall | PA Photos | Getty Photos Cleanse vitality investment could be on program to exceed $2 trillion for each calendar […]
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‘Unite or die’: The UK’s new prime minister scrambles to save the Conservative Party
U.K. Prime Minister Rishi Sunak appointed his cabinet to include members from across warring factions of the Conservative Party. Wpa Pool | Getty Images News | Getty Images LONDON — Britain has a new prime minister, Rishi Sunak, who, in his inaugural speech outside Downing Street, vowed to “unite” the country as it faces myriad […]
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Unilever raises steerage as price hikes improve product sales
Unilever raised its total-12 months gross sales estimates and documented a superior-than-predicted boost in third-quarter profits on Thursday. Photo by Creative Contact Imaging Ltd./NurPhoto via Getty Illustrations or photos Unilever Plc on Thursday raised its entire-yr product sales estimates and documented a improved-than-envisioned raise in 3rd-quarter profits as it continued to hike selling prices to […]
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McDonald’s is about to report earnings. Here’s what to expect
McDonald’s restaurant sign is seen in Streator, Illinois, United States, on October 15, 2022. Beata Zawrzel | Nurphoto | Getty Images McDonald’s is due to report its third-quarter earnings before the bell on Thursday. Here’s what Wall Street analysts surveyed by Refinitiv are expecting: Earnings per share: $2.58 Revenue: $5.69 billion In the first half […]
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Jim Cramer says Big Tech firms need to ‘change the way they operate’ to stay market leaders
CNBC’s Jim Cramer on Wednesday said that some of the biggest tech companies in the world need to adjust to the changing market. “It’s time to recognize that FAANG names got too big. Can they turn things around? Sure, but they’ve really got to change the way they operate,” he said, referring to his acronym […]
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Cramer’s lightning round: Lucid Group is losing too much money
FLEX LNG Ltd: “Jimmy Chill likes FLEX. Why? Because it’s got a product that we all need.” Coinbase Global Inc: “People actually trust it, okay? They believe in it, and that is going to keep it from going down much more. … Not enough of a reason for me to own it.” Jim Cramer’s Guide […]
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Jim Cramer says to wait before pulling the trigger on Mobileye
CNBC’s Jim Cramer on Wednesday advised investors not to buy shares of Mobileye just yet. “The stock’s going to have a tough time once people realize the Fed’s war on inflation is far from over. So, if you want a piece of this thing, I recommend waiting for a pullback, maybe down below $24, and […]
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Defendant in NJ deli stock fraud case makes $2,500 a month from similar shell company
Courtroom sketch of James Patten, left, and attorney Ira Sorkin at N.J. District Court in Camden, N.J., Oct. 11, 2022 Source: Elizabeth Williams One of the men charged in an alleged stock manipulation scheme involving shell companies and a small-town New Jersey deli is making thousands of dollars from another shell company, according to a […]
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