(CNBC) U.S. stock futures rose on Thursday night after the Nasdaq Composite slipped further into correction territory. Nasdaq 100 futures climbed 0.8%. Futures tied to the S&P 500 advanced 0.5%, while Dow Jones Industrial Average futures advanced 115 points, or […]

(CNBC) Amazon said fourth-quarter sales, which include the key holiday period, will be between $160 billion and $167 billion. Revenue jumped 13% in the third quarter, a sign that the business is seeing some acceleration after a difficult 2022 that was […]

(Hedgeweek) Neil Phillips, the co-founder of Glen Point Capital, was found guilty of fraud by a federal court in Manhattan, according to a report by the Financial Review. To read this article:

(CNBC) Ford Motor on Thursday missed Wall Street’s third-quarter earnings expectations, as it restructures its operations and regroups following the end of a nearly six-week U.S. labor strike that in total has cost the company $1.3 billion. Shares of the […]

(Hedgeweek) Bill Ackman, the founder of Pershing Square, has made profits of about $200m from his bet against thirty year US treasury bonds, according to a report by the Financial Times. (To read this article)

(CNBC) For the fourth quarter, Intel expects earnings of 23 cents per share, adjusted, on revenue of $14.6 billion and $15.6 billion, versus LSEG expectations of 32 cents per share on $14.31 billion in sales. Intel posted net income of […]

(Hedgeweek) Izzy Englander, the billionaire founder of Millennium Management LLC (Millennium), was quoted saying that that there is “a talent bubble” in the hedge fund industry in part to long non-compete clauses which is forcing funds to pay more for […]

(CNBC) Alphabet shares fell the most on Wednesday since the start of the Covid pandemic after revenue in the company’s Google Cloud unit trailed analyst estimates. The stock closed down 9.5% to end at $125.61. It marked its steepest drop […]

(CNBC) Meta reported better-than-expected results for the third quarter as revenue increased 23%, the fastest rate of growth since 2021. The stock initially rose in extended trading after the report, but then reversed course and fell more than 3% following […]

(CNBC) IBM’s overall revenue grew 4.6% year over year in the quarter, or 3.5% at constant currency, according to a statement. Net income reached $1.70 billion, or $1.84 per share, compared with a net loss of $3.20 billion, or $3.54 […]

(Hedgeweek) BlackRock, the world’s largest asset manager $9.42tn in AUM, is planning to liquidate its first hedge fund, the Obsidian fund after twenty seven years of operation, according to a report by CityWire. To read this article:

(CNBC) The tentative agreement, includes 25% pay increases over the terms of the agreement and will cumulatively raise the top wage to more than $40 an hour, including an increase of 68% for starting wages to over $28 an hour. […]