Carvana raises 2024 earnings guidance after topping Wall Street’s Q3 expectations
Carvana said its adjusted EBITDA would be “significantly above the high end” of its previous target of $1 billion to $1.2 billion.
Starbucks CEO pledges to fundamentally change strategy as sales fall for third straight quarter
Investors are expecting that Niccol will share more details about his turnaround strategy during the company’s conference call, scheduled for 5 p.m. ET.
Never mind the 60/40 portfolio. There may be a case for a 50/30/20 allocation
Investors seeking to diversify from a stock and bond market that are each flashing cautionary signals are starting to look at alternatives.
Trump, GOP allies escalate election fraud conspiracies in Pennsylvania
Pennsylvania is one of the most competitive swing states in the presidential race between Republican nominee Donald Trump and Democratic nominee Kamala Harris.
United Airlines raises spending requirements to earn frequent flyer status
United Airlines customers will have to spend and fly more to earn elite benefits next year.
Trump Media plummets 22%, cutting into DJT rally days before election
Republican presidential nominee Donald Trump owns nearly 57% of the company, which trades as DJT on the Nasdaq.
Starbucks will discontinue Oleato olive oil drinks at U.S. cafes in early November
New CEO Brian Niccol has pledged to simplify the Starbucks menu.
Apple updates MacBook Pro laptops with new chips, more memory for AI
Apple is making a significant upgrade to its lineup of computers to better support Apple Intelligence.
Dropbox slashes 20% of global workforce, eliminating more than 500 roles
Dropbox is laying off 20% of its global workforce, the equivalent of 528 roles, according to CEO Drew Houston.
Airbus delivers first extra-long-range Airbus A321 as smaller jets fly farther
The new narrow-body Airbus 321XLR replaces older aircraft like Boeing 757s.
