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Monthly Archives: October 2022

Dogecoin surges 35% as Elon Musk’s Twitter deal approaches close

Tesla CEO Elon Musk photographed in Austin, Texas, on April 7, 2022. The electric vehicle firm has also made forays into battery storage. Suzanne Cordeiro | AFP | Getty Images Dogecoin, the cryptocurrency branded after a viral dog meme from 2013, is up 35% since Monday as Elon Musk’s deal …

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Pinterest shares soar on third-quarter revenue beat

Pedestrians pass in front of Pinterest signage displayed outside of the New York Stock Exchange. Michael Nagle | Bloomberg | Getty Images Pinterest shares soared over 12% in extended trading after the company reported third-quarter earnings. Here’s how the company did. Earnings: 11 cents per share (adjusted) vs. 6 cents …

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Apple (AAPL) earnings Q4 2022

Apple reported fiscal fourth-quarter earnings on Thursday that beat Wall Street expectations on revenue and earnings per share.  However, Apple came up short versus revenue expectations in core product categories including the company’s iPhone business and services.  Apple shares rose over 1% in extended trading. Here is how Apple did versus …

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AWS earnings Q3 2022

Amazon Web Services CEO Adam Selipsky speaks at the Mobile World Congress conference in Barcelona, Spain, on March 1, 2022. Joan Cros | Nurphoto | Getty Images Amazon said Thursday that revenue growth in its cloud-computing unit slowed in the third quarter to 27.5%, missing analysts’ estimates. It’s the slowest expansion …

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New York is No. 1 port in U.S. again signaling a permanent trade shift

A cargo ship moves under the Bayonne Bridge as it heads into port on October 13, 2021 in Bayonne, New Jersey. Spencer Platt | Getty Images News | Getty Images The East Coast continues to dominate in the movement of trade, with the Port of New York and New Jersey …

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NASA annual economic output is triple its budget: Study

Astronauts flying on SpaceX’s Crew-5 mission for NASA stand in front of the agency’s worm logo during a countdown dress rehearsal on Oct. 2, 2022, at Kennedy Space Center in Florida. SpaceX The National Aeronautics and Space Administration on Thursday said its annual economic output is three times the size …

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Intel (INTC) earnings Q3 2022

Intel CEO Pat Gelsinger speaks during the Mobileye Global Inc. IPO at the Nasdaq MarketSite in New York on Oct. 26, 2022. Mobileye Global Inc., the self-driving technology company owned by Intel Corp., priced one of the biggest US initial public offerings of the year above its marketed range to …

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AutoNation, Lithia rally despite Wall Street’s ‘demand destruction’ theory

Vehicles are displayed for sale at an AutoNation car dealership on April 21, 2022 in Valencia, California. Mario Tama | Getty Images DETROIT – Shares of AutoNation, Group 1 Automotive and other automotive dealers rallied Thursday following strong third-quarter earnings and optimistic outlooks regarding consumer demand for new vehicles. The …

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Holiday sales, shopping advice for small businesses in 2022

If you’re planning to look for more deals and generally be a bit more thrifty this upcoming holiday shopping season, you’re far from alone — and retailers are well aware. That’s why small-business owners and side hustlers on platforms like Etsy begin preparing for the holiday season before Halloween, says …

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U.S. GDP accelerated at 2.6% pace in Q3, better than expected as growth turns positive

The U.S. economy posted its first period of positive growth for 2022 in the third quarter, at least temporarily easing recession fears, the Bureau of Economic Analysis reported Thursday. GDP, a sum of all the goods and services produced from July through September, increased at a 2.6% annualized pace for …

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