business
DBS Third-Quarter Net Profit Dips 2.0%
DBS Group, Singapore’s largest bank, reported a decrease in third quarter net profit due to impact of global minimum tax. Source link
Arm Holdings Profit Climbs on Record Demand
The British semiconductor company’s fiscal second-quarter profit more than doubled as revenue jumped, driven by demand for its compute platform. Source link
Opinion | Free the Air-Traffic Controllers
Spin the system off from government, so flights won’t be hostage to D.C. Source link
E.l.f. Beauty Stock Slumps on Full-Year Guidance Amid Broad Consumer Worries
The company now expects sales up 18% to 20%, below Wall Street’s expectations, as uncertainty swirls around the American consumer. Source link
Snap Shares Soar on $400 Million Perplexity AI Deal
The social-media company announced a deal to integrate Perplexity’s AI-powered answer engine directly into Snapchat. Source link
NAB’s Annual Profit Falls Amid Higher Costs, Credit Impairments
Australia’s third-largest bank by market capitalization held its dividend steady, even as its annual profit slipped 2.9% amid higher operating costs and credit impairment charges. Source link
Opinion | Kevin Roberts’s Useful Blunder
The American right, for all its pathologies, manages to police its cranks and bigots. Source link
AppLovin Sales, Profit Rise
The advertising company posted a profit of $835.5 million, or $2.45 a share, in the quarter ended Sept. 30, compared with $434.4 million, or $1.25 a share, a year earlier. Source link
GXO Eyes Expansion as Tariffs Bolster Demand for Foreign Trade Zones
The logistics company’s CEO says more customers seek to defer duties by using the special warehouses. Source link
Opinion | Notable & Quotable: Tucker Carlson on Pat Buchanan
‘I’m not throwing the term antisemite around, but you reach a point when you say, well, gee, here’s a guy who has gone out of his way to defend . . . accused Nazi war criminals.’ Source link