world
Netflix shares drop after streamer misses earnings estimates, citing Brazilian tax dispute
Shares of Netflix fell after the company posted a third-quarter earnings miss, citing a tax dispute with Brazilian authorities. Source link
Coca-Cola tops earnings and revenue estimates but says demand for drinks is still soft
Shares of Coke have risen nearly 10% this year, increasing its market value to around $295 billion. Source link
Investor Lauren Taylor Wolfe says we are 'absolutely' in an AI bubble now
Lauren Taylor Wolfe, co-founder of Impactive Capital, said the surge in enthusiasm around artificial intelligence has all the markings of a bubble. Source link
One-time penny stock Beyond Meat soars after addition to meme ETF, jumps 90% on Tuesday
The food company surged more than 127% Monday in its best day ever, and continued its rally Tuesday. Source link
GM stock soars 15% as automaker raises guidance, beats Q3 earnings
GM’s outlook signals strength for the automaker heading into the fourth quarter and beats Wall Street analysts’ current expectations. Source link
Amazon continues expansion of ultrafast 15-minute delivery to UAE after India launch
The service promises to drop off “everyday essentials” to shoppers doorsteps in 15 minutes, or as little as 6 minutes in some neighborhoods. Source link
European markets close higher as defense stocks whipsaw; Novo Nordisk shares slip 1.3%
European stocks straddled the flatline on Tuesday, building on positive momentum from the start of the week. Source link
Warner Bros. Discovery says it's open to a sale; shares jump 10%
WBD had planned to split into two separate entities and is not abandoning those plans. Source link
Novo Nordisk chair and directors quit after boardroom rift
Novo Nordisk directors and the firm’s controlling shareholder failed to reach an agreement on the future composition of the board. Source link
China says U.S. and Australia 'should play a proactive role' to bolster rare earths supply chains
China’s Ministry of Foreign Affairs on Tuesday said resource-rich countries should play a proactive role in bolstering their rare earth supply chains. Source link