Finance

The stock market’s surprising bet on who will win the presidency

Voters are clamoring for any hints of clarity about the neck-and-neck presidential race, so some are looking beyond public opinion polls. Wall Street executives, political gamblers and cryptocurrency traders are piling up their bets that former President Donald Trump is returning to the White House. But the stock market may be telling a different story. […]

Finance News

Maniac flyer viciously beats deaf, nonverbal passenger on United flight in unprovoked attack that left cabin spattered with blood

An unhinged Florida man horrifically pummeled a deaf and nonverbal passenger while he was sleeping until the cabin was spattered with blood on a cross-country United Airlines flight this week. The brutal beatdown happened about two hours into United Airlines Flight 2247 from San Francisco to Washington Dulles on Monday. It started when Everett Chad Nelson, 44, got up […]

Finance News

Uber is transitioning into a ‘software company’: Investor

Uber (UBER) reported third quarter results, beating Wall Street expectations on both revenue and earnings. The rideshare platform posted revenue of $11.19 billion, surpassing estimates of $10.99 billion. Adjusted earnings per share reached $1.20, significantly higher than the anticipated $0.45. Despite these positive metrics, Uber’s stock faced pressure due to weaker-than-expected gross bookings and a reduced fourth […]

News

Estee Lauder withdraws annual forecasts on uncertain China recovery

Estee Lauder shares slumped nearly 24% on Thursday after it pulled back annual sales and profit forecasts as the luxury cosmetics giant grapples with an uncertain timeline for China demand recovery while a new CEO takes helm. The company, which named insider Stephane de La Faverie as CEO on Wednesday to turnaround the business, also nearly halved its […]