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Carvana raises 2024 earnings guidance after topping Wall Street’s Q3 expectations

Carvana raises 2024 earnings guidance after topping Wall Street’s Q3 expectations

Business News

A Carvana sign and signature vending machine in Tempe, Arizona. Michael Wayland | CNBC Carvana on Wednesday raised its 2024 earnings guidance after the online used-car retailer significantly topped Wall Street’s third-quarter expectations. Here’s how the company performed in the third quarter, compared with average estimates compiled by LSEG: Earnings per share: 64 cents vs. 25 […]

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FTX’s Nishad Singh gets no jail time, 3 years supervised release for role in crypto fraud

FTX’s Nishad Singh gets no jail time, 3 years supervised release for role in crypto fraud

Technology News

Nishad Singh, former director of Engineering at FTX Cryptocurrency Derivatives Exchange, left, and Claire Watanabe, former senior executive at FTX Cryptocurrency Derivatives Exchange, arrive at court in New York, on Oct. 30, 2024. Mackenzie Sigalos | CNBC Former FTX executive Nishad Singh was sentenced to time served and three years of supervised release on Wednesday,

FTX’s Nishad Singh gets no jail time, 3 years supervised release for role in crypto fraud Read More »

UAAP: Adamson responds to challenge, revives Final Four hopes

UAAP: Adamson responds to challenge, revives Final Four hopes

Sports News

Adamson’s Anthony Fransman shines against UE in the UAAP Season 87 men’s basketball tournament.–MARLO CUETO/INQUIRER.net MANILA, Philippines — Urged by Adamson coach Nash Racela to do more, the Falcons responded in a big way by upsetting No. 3 University of the East in the UAAP Season 87 men’s basketball tournament on Wednesday. Adamson ended a

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Starbucks CEO pledges to fundamentally change strategy as sales fall for third straight quarter

Starbucks CEO pledges to fundamentally change strategy as sales fall for third straight quarter

Business News

Brian Niccol speaking on CNBC’s Squawk Box on Oct. 30th, 2018.  Anjali Sundaram | CNBC Starbucks on Wednesday reported quarterly earnings and revenue that missed analysts’ expectations as sales in the U.S. and China, its two biggest markets, disappointed. The company previously released a preliminary report of its quarterly results on Oct. 22 and announced

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UAAP: UP dominates Ateneo, hands Tab Baldwin his worst loss

UAAP: UP dominates Ateneo, hands Tab Baldwin his worst loss

Sports News

UP Fighting Maroons’ Francis Lopez during a UAAP Season 87 men’s basketball game against Ateneo Blue Eagles. –MARLO CUETO/INQUIRER.net University of the Philippines  reasserted its dominance against rival Ateneo in the latest edition of the “Battle of Katipunan” with a 75-47 shellacking in the UAAP Season 87 men’s basketball tournament on Wednesday at Mall of

UAAP: UP dominates Ateneo, hands Tab Baldwin his worst loss Read More »

Eli Lilly’s Zepbound and Mounjaro are no longer in shortage. Here’s where their sales still disappointed

Eli Lilly’s Zepbound and Mounjaro are no longer in shortage. Here’s where their sales still disappointed

Business News

Eli Lilly’s blockbuster weight loss drug Zepbound and diabetes treatment Mounjaro posted weaker-than-expected sales for the third quarter, even as supply of both medicines has largely recovered from widespread shortages in the U.S.  The reason for the disappointing sales, according to the company, is not an issue of demand or supply.  During an earnings call

Eli Lilly’s Zepbound and Mounjaro are no longer in shortage. Here’s where their sales still disappointed Read More »

Ben Stokes appeals for return of stolen items after home is burgled during Pakistan tour

Ben Stokes appeals for return of stolen items after home is burgled during Pakistan tour

Sports News

Ben Stokes has pleaded for the return of a number of “irreplaceable” items after his house was burgled by a masked gang while the England captain was in Pakistan for the recently completed Test series. The incident took place on October 17 at his house in Castle Eden in the North East, with his wife,

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Novo Nordisk’s Ozempic and Wegovy now available in the U.S. after shortages, FDA says

Novo Nordisk’s Ozempic and Wegovy now available in the U.S. after shortages, FDA says

Business News

Weight loss syringes of the brands “Wegovy”, “Ozempic” and “Mounjaro” are sold at In der Achat Apotheke in Mitte, Germany. Picture Alliance | Picture Alliance | Getty Images All doses of Novo Nordisk‘s highly popular weight loss injection Wegovy and diabetes drug Ozempic are now available in the U.S., according to an update on the

Novo Nordisk’s Ozempic and Wegovy now available in the U.S. after shortages, FDA says Read More »

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