Snap shares fall over 10% on third-quarter revenue miss
Snap misses on revenue and daily active users in third-quarter earnings reported Wednesday.
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Snap misses on revenue and daily active users in third-quarter earnings reported Wednesday.
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Brazil’s central bank held its interest rate steady, snapping a streak of five straight cuts after President Luiz Inácio Lula da Silva’s surprise reelection roiled financial markets and worsened the inflation outlook.
The stock market skyrocketed after a decisive sweep for Democrats in the 2026 midterm elections, a move that Trump's reaction added to.
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Source: Bloomberg, 0:00
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A sweeping midterm victory has elevated Democratic governors and senators, while complicating the path for GOP hopefuls tied to the Trump administration.
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It’s unclear if undoing the president’s agenda will bring back the voters from 2024.
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Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Vonnie Quinn, Carol Massar and Tim Stenovec. (Source: Bloomberg)
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Snap Inc. fell after the company reported third-quarter ad revenue and user growth that missed estimates, with Chief Executive Officer Evan Spiegel acknowledging that “advertising revenue growth remains below our ambitions.”
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Source: Bloomberg, 0:00
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LIV Golf is facing liquidation after a restructuring deal to restart the league fell through, according to a person familiar with the situation.
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Source: Bloomberg, 0:00
Qualcomm delivered better-than-expected results but issued a weak earnings forecast.
Participants in the CNBC Voter Poll ranked the economy the most important issue facing the country, ahead of topics tied to democracy and immigration.
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Goldman Sachs Group Inc. and Apollo Global Management Inc. are in talks with Wall Street investors to start selling portions of a roughly $40 billion chip financing deal for SpaceX, just as the AI boom braces for upheaval following a…
E.l.f. Beauty posted stronger-than-expected quarterly results on Wednesday as the company continues to see broad-based growth across its portfolio.
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Arm Holdings Plc gave a revenue forecast for the current period that met analysts’ estimates, a sign its push into data center computing is helping offset a slump in the smartphone market.
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Democrat Representative from Maryland Glenn Ivey, said that some voters, like young Latino men, were 'Trump curious, but now they're Trump furious' as they switched their vote from the president in 2024 to Democrats in the Midterms. Ivey…
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Qualcomm Inc., the largest maker of smartphone processors, gave a lackluster forecast for profit in the current quarter, a sign the company is still grappling with higher component prices.
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MercadoLibre Inc. shares plunge after the company posted third quarter earnings that missed profit estimates as investors weigh whether the company’s heavy investments translate into stronger profitability over the long run.
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People from all over are coming for rare Toyota and Nissan models immortalized by the movie franchise.
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Asset allocation has become much tougher as the unwinding of the AI trade and rising interest rates ripple through equities and fixed income, breaking down traditional market correlations. With bonds struggling to fulfill their historical…
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Fox News hosts question Iran war strategy while New York Post has ‘Blue Tsunami’ on front page after Republicans’ defeat
As a blue wave swept the nation, Georgians elected Keisha Lance Bottoms as the state’s first Democratic governor in more than two decades—and the U.S.’s first Black female governor. Lance Bottoms, the former mayor of Atlanta and advisor in…
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