Goldman Sachs reported its third-quarter earnings for 2023 on Tuesday (Oct. 17). The company achieved net revenues of $11.8 billion and net earnings of $2.1 billion. The firm’s focus on its core businesses, Global Banking & Markets and Asset & Wealth Management, has contributed to...
Growth, yes, but perhaps not enough, at first blush, at least for some observers. Profits, yes – on the horizon, according to management. In terms of headline numbers, Uber’s third-quarter numbers beat analyst estimates. But the $1 billion in red ink sent the stock lower, even...
Macy’s third-quarter earnings report released Wednesday (Nov. 12) shows the retail giant may not be shielded from the typical woes of the retail industry. A New York Times article referenced Macy’s “lackluster sales,” and suggested its failing to clear the hurdle of attracting shoppers to its...
November 10, 2023
Flutter, the parent company of online betting platform FanDuel, reportedly saw a setback in its stock value Thursday (Nov. 9) after revealing disappointing third-quarter earnings. However, the company remains steadfast in its claim to the top spot in the sports betting market in the United States, backed by its strong financial performance and market share, […]
October 17, 2023
Goldman Sachs reported its third-quarter earnings for 2023 on Tuesday (Oct. 17). The company achieved net revenues of $11.8 billion and net earnings of $2.1 billion. The firm’s focus on...
