Amazon
Coming Soon to a Company Near You: Rivian’s Electric Delivery Vans
Rivian’s electric delivery vans will no longer just be an Amazon exclusive.
Section
Earnings
Company Insights
Hollywood Strikes Cost Warner Bros. Discovery Subscribers in Third Quarter
Warner Bros.
Company Insights
Draftkings beats Wall Street expectations in the third quarter
Draftkings reported a surge in revenue in the third quarter, solidifying its place at the top of the sports betting industry as it becomes more cutthroat.
Company Insights
Coinbase Defies Expectations on Q3 Revenue But Crypto Winter Still Weighing It Down
Cryptocurrency exchange Coinbase overcame expectations by posting higher than expected revenues in the third quarter, but the company still endured another period of loss amid the ongoing “crypto winter.
Company Insights
Progressive Insurance outmaneuvers competitors in the third quarter
It was a tale of two halves of the year for Progressive Insurance, after third quarter earnings topped estimates and reversed dire trends from the previous quarter.
Company Insights
Wingstop soars past Wall Street expectations in the third quarter
Wingstop’s third quarter performance trounced Wall Street’s expectations on Wednesday, as strategic innovations from last year expanded Wingstop’s consumer base through the second half of the year and the company successfully insulated itself from supply-side inflation.
COVID-19
Pfizer Sales Down As Demand for Covid Products Fall
Photo credit:Wikimedia Commons Pfizer reported a loss in the third quarter as it tries to adapt to the faltering demand on its Covid-19 drug and vaccines.
Company Insights
Mattel Maintains Bleak Forecast as Declining Toy Business Overshadows “Barbie” Summer
Even the success of the “Barbie” movie could not save the end-of-year outlook for Mattel, as the company grapples with falling annual sales amid a wide-ranging decline in the toy industry.
Earnings
Wingstop’s Profits Fly to New Heights
Chicken–wing connoisseurs continue to flock at Wingstop for their fix as the company posted strong financial results Wednesday, signaling its double-down on product variety and reach is working.
Company Insights
Chevron Reports Lower-Than-Expected Third-Quarter Earnings
Chevron reported third-quarter earnings below market expectations on Friday because of higher expenses in both expansive operations and general operational costs.
Earnings
UnitedHealth’s Earnings Driven by Lower Medical Cost as Company Raises Guidance
UnitedHealth’s third-quarter earnings were driven by the strong top and bottom lines, quelling investors’ concerns about increasing medical services and costs among seniors.
Tesla’s Quarterly Sales Slow Amid Production Upgrades and Rising Competition
Tesla reported a decline in electric-vehicle sales in the third quarter, attributing it to production stoppages resulting from factory upgrades.