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17 stories found

EarningsSingle source

Tesla reports quarterly results after Musk raises possible SpaceX merger

Tesla reported $28.05 billion in third-quarter revenue and earnings of $0.48 per share. Elon Musk offered no new details on a potential combination with SpaceX during the earnings call.

  • Tesla posted $28.05 billion in revenue and $0.48 in earnings per share for the third quarter.
  • Musk said Tesla and SpaceX board committees were examining a possible merger.
1 sourceTrust: Single source
The Guardian Business
Corporate dealsSingle source

Tesla and SpaceX explore a possible merger with Elon Musk’s backing

Tesla and SpaceX have formed special committees to examine a possible merger, Elon Musk said during SpaceX’s earnings report. No terms have been agreed, and the transaction would require approval from at least 50% of all Tesla shareholders.

  • Tesla and SpaceX formed committees to examine a possible merger.
  • Elon Musk said the deal would require approval from 50% of all Tesla shareholders.
1 sourceTrust: Single source
The Guardian Business
Box officeSingle source

Christopher Nolan’s ‘The Odyssey’ Becomes Korea’s Highest-Grossing International Film

Christopher Nolan’s “The Odyssey” has surpassed “Avatar: The Way of Water” in South Korea by local-currency box office. The Universal release had grossed KRW139.2 billion ($101.5 million) as of Oct. 11.

  • “The Odyssey” surpassed “Avatar: The Way of Water” to become South Korea’s highest-grossing international film.
  • The film had earned KRW139.2 billion ($101.5 million) as of Oct. 11.
1 sourceTrust: Single source
Variety Film
Financial resultsPrimary source

Samsung Electronics forecasts about 107.40 trillion won operating profit for Q3 2026

Samsung Electronics released its earnings guidance for the third quarter of 2026. The company forecasts consolidated sales of approximately 195 trillion Korean won and operating profit of about 107.40 trillion won.

  • Samsung Electronics released guidance for the third quarter of 2026.
  • Consolidated sales are expected to reach approximately 195 trillion won.
1 sourceTrust: Primary source
Samsung Newsroom
BusinessSingle source

Samsung forecasts record $80bn profit as AI chip demand surges

Samsung Electronics expects third-quarter operating profit to reach 107.4tn won ($80bn), nine times higher than a year earlier. The company attributes the increase to demand for memory chips used in artificial-intelligence data centres.

  • Samsung expects third-quarter operating profit of 107.4tn won.
  • The forecast is about nine times higher than the result a year earlier.
1 sourceTrust: Single source
BBC Technology
TechnologyMultiple publishers

Apple to report fiscal Q4 2026 results on November 2

Apple will publish its fiscal fourth-quarter 2026 results on November 2. The report is scheduled for 1:30 p.m. Pacific Time (20:30 UTC), followed by a 2:00 p.m. Pacific Time (21:00 UTC) call with CEO John Ternus and CFO Kevan Parekh.

  • Apple will release its fiscal Q4 2026 results on November 2.
  • The quarter covers June 28 through September 26 and includes the iPhone 18 Pro launch week.
2 sourcesTrust: Multiple publishers
MacRumors
United KingdomSingle source

Burnham plans to legislate away pension triple lock before next election

Andy Burnham plans to pass legislation changing the state pension triple lock before the next election. Government estimates put potential savings at £15bn a year by the late 2030s, while the Resolution Foundation says the figure is highly uncertain.

  • Andy Burnham wants legislation changing the pension triple lock passed before the next election.
  • The guarantee would remain until 2030, but its earnings-linked element would be adjusted.
1 sourceTrust: Single source
The Guardian World
Fuel and inflationSingle source

UK diesel reaches £2 a litre for first time as eurozone inflation rises to 3.8%

The average UK diesel price has reached £2 a litre for the first time, while eurozone inflation rose to 3.8%, its highest level in three years. G7 countries agreed to release up to 100 million barrels of oil and diesel from strategic reserves.

  • The average UK diesel price has reached £2 a litre for the first time.
  • Eurozone inflation rose to 3.8%, its highest level in three years.
1 sourceTrust: Single source
The Guardian Business
MigrationSingle source

Young Ukrainians who fled the war are coming of age between two countries

Young Ukrainians who left after the full-scale invasion are studying, working and building lives abroad while maintaining ties with Ukraine. Some hope to return, while others remain undecided or see their future elsewhere.

  • Nearly 1.5 million young Ukrainians left after the full-scale invasion began.
  • Some 4.38 million Ukrainians were under temporary protection in Europe in May 2026.
1 sourceTrust: Single source
BBC News Україна
BusinessSingle source

Europe’s car makers turn to defence as Ford bids for 9,000 army vehicles

European car makers are seeking defence contracts as civilian demand, electric-vehicle sales and production volumes come under pressure. Ford and partners are bidding to supply 9,000 light vehicles to the British Army, while Renault and Volkswagen are pursuing separate military projects.

  • Ford, General Dynamics and Ricardo are bidding to supply 9,000 light army vehicles in Britain.
  • Ford’s Dagenham plant has cut annual engine output from 90,000 to about 45,000.
1 sourceTrust: Single source
BBC Business
Releases and salesSingle source

Wardogs has already out-earned Marathon and launched faster than Arc Raiders and Helldivers 2 on Steam

Wardogs has become one of the year’s biggest PC hits on Steam. New data indicates that it has already earned more than Marathon and gained launch momentum ahead of Arc Raiders and Helldivers 2, after selling over 1 million copies within hours.

  • Wardogs has already earned more than Marathon on Steam.
  • More than 1 million copies of Wardogs were sold within hours of launch.
1 sourceTrust: Single source
Eurogamer