Reddit gains 40% after Q3 revenue beats, user growth, and boost from AI 💣
Reddit shares surged 45% after a strong Q3 earnings report, driven by a 68% year-over-year revenue increase to $348.4 million, surpassing analyst expectations...
Market news
Reddit shares surged 45% after a strong Q3 earnings report, driven by a 68% year-over-year revenue increase to $348.4 million, surpassing analyst expectations...
03:30 PM BST, United States - EIA Data: Crude Oil Inventories: actual -0.515M; forecast 1.500M; previous 5.474M; EIA Weekly Distillates...
Indices open flat, except for US2000. EUR/USD erases losses following ADP release and is even gaining now. Super Micro Computer (SMC.US) falls 25%. Yields...
03:00 PM BST, United States - Pending Home Sales for September: actual 7.4% MoM; forecast 1.9% MoM; previous 0.6% MoM; 03:00...
European indices are experiencing a downturn following the release of disappointing earnings from European companies, including Volkswagen. European equity...
Key issues in EY's resignation: Governance and control concerns emerged in July 2024, leading to Special Committee review with external firms EY...
HICP YoY Prelim Actual 2.4% (Forecast 2.1%, Previous 1.8%) CPI YoY Prelim Actual 2% (Forecast 1.8%, Previous 1.6%) EURUSD is attempting...
US GDP QoQ Advance Actual 2.8% (Forecast 2.9%, Previous 3%) US Core PCE Prices Advance Actual 2.2% (Forecast 2.1%, Previous 2.8%) The U.S....
OPEC+ sources signalled that OPEC+ could delay the planned oil output hike, scheduled for December 2024, by one month or more. Oil reacts with price increases....
US ADP Employment Change Actual 233k (Forecast 110.5k, Previous 143k, Revised 159K) ADP's October employment report indicated robust...
Caterpillar Inc. (CAT.US) released its Q3 2024 earnings report today ahead of the market open. Company's shares fell as much as 6.3% in premarket trading...
With yesterday's earnings releases by companies such as Alphabet (GOOGL.US), and Advanced Micro Devices (AMD.US), and reports from Microsoft (MSFT.US)...
In its Q3 2024 earnings report, Alphabet showcased the impact of its substantial AI investments, which are driving impressive returns, particularly in...
Q3 GDP growth (Prelim) in the Eurozone (y/y): Result: 0.9% Forecast: 0.8% Previously: 0.6% Preliminary Q3 GDP growth in the...
Today's economic calendar features crucial GDP readings from major European economies and the United States, alongside the UK's Autumn Forecast...
Asian markets traded mostly lower amid caution over upcoming economic data and election uncertainty. Japan's Nikkei 225 rose over 0.5% as an outlier,...
Alphabet (GOOGL.US) faced a very difficult challenge given the high expectations set by the market. Nevertheless, the company managed to report strong...
U.S. stock indexes are having a mixed session today, but the technology sector is gaining, supported by shares of software and semiconductor companies....
PayPal (PYPL.US) shares lose 3.5% today despite better than expected earnings per share and 6% YoY revenue growth, which came in line with expectations....
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