A take on business from Times Square
Sponsored by NYC News Service and CUNY Newmark J-School
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In their most recent earnings report, Albemarle Corporation, the largest US-based lithium mining company, is projecting their first positive cash flow numbers since 2022, despite an ongoing bust in lithium prices.
Estee Lauder returned to sales growth in the most recent quarter, a sign the turnaround strategy deployed by chief executive officer, Stephane de la Faverie has started to bear fruit.
The lender’s profit and revenue blew past Wall Street’s expectations in their latest quarter.
Palantir’s latest earnings release shows strongest numbers yet but share price still takes a tumble.
Roblox’s revenue soared again in the third quarter, but so did its costs. The video game company earned nearly $1.4 billion in the quarter, up 48 percent from last year.
Coinbase Global (Nasdaq: COIN), the crypto trading exchange company, reported strong earnings in Q3, exceeding analysts’ estimates due to its higher trading volume and cryptocurrency prices.
NextEra Energy, Inc.
United Airlines Holdings Inc. posted stronger-than-expected third quarter earnings, as demand for premium travel and loyalty revenue offset softer profit growth.
The airline predicts premium and business cabin revenue will take their revenue to new heights next quarter.
Following the removal of a seven-year long government imposed cap on assets, Wells Fargo & Company is seeing broad strength across its businesses including those that depend on consumers.
Snap’s user growth in North America – its most important market – fell troublingly flat in the third quarter.
Electronic Arts raised its guidance for fiscal year 2025, thanks in part to the strong performance of EA Sports College Football 25 and Madden NFL 25.
About the Journal
The Times Square Investment Journal covers companies, markets and personal finance from a newsroom in the heart of Manhattan. The Journal is sponsored by the NYC News Service and the Craig Newmark Graduate School of Journalism at CUNY.
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