News Powered By AI
News Powered By AI
Starbucks reported mixed quarterly results with U.S. sales exceeding expectations, though international cafes underperformed. The company projects adjusted earnings per share of $3.15 to $3.25 for fiscal 2027, ahead of Wall Street estimates.
Rivian beat third-quarter earnings estimates as R2 SUV deliveries ramped up, with the company revising full-year guidance to reflect improved vehicle deliveries and reduced losses.
Chip stocks and AI-focused companies plummeted on Thursday following midterm election results that raised concerns about a slowdown in artificial intelligence infrastructure development.
Food startup Wonder, founded by Marc Lore, has confidentially filed for an initial public offering and operates approximately 170 brick-and-mortar locations across the United States.
Eli Lilly raised its full-year revenue guidance to $91-92 billion after third-quarter earnings and sales exceeded expectations, driven by strong demand for obesity and diabetes drugs Zepbound and Mounjaro.
Saudi Arabia’s Aramco reported a 9% rise in third-quarter adjusted net income to $31.2 billion, exceeding analyst expectations as refining margins strengthened amid geopolitical tensions.
