Finance

Starbucks beats estimates in fiscal fourth quarter as CEO says "the turn has occurred"
Starbucks reported adjusted earnings of $0.80 per share in its fiscal fourth quarter, versus $0.71 expected. Global comparable-store sales rose 7.2% and US same-store sales accelerated to 7.7%, driven by higher tickets and transactions. Operating margin expanded 460 basis points to 14%. The company offered initial fiscal 2027 adjusted profit guidance of $3.15 to $3.25 per share. CEO Brian Niccol said the company is back to being "a growth company."
FinanceInternationalYahoo FinanceOct 30AI
U.S. Series I bonds to pay 5.51% annual rate through April 2027
The U.S. Department of the Treasury announced new rates for Series I bonds: newly purchased bonds will pay 5.51% annual interest from Nov. 1 through April 30, up from the 4.26% offered on purchases made through Oct. 31. The rate combines a 4.08% variable portion tied to inflation and a 1.40% fixed portion, the highest since 2006. The I bond hit a record 9.62% in May 2022.
FinanceInternationalCNBCOct 30AI
Nasdaq hits near three-month low as Amazon, Intel deepen AI capex concerns
The Nasdaq fell to its lowest level in nearly three months after Amazon's AI spending plan and Intel's cash burn warning fueled doubts about the costs of AI infrastructure and the timeline for returns. The Nasdaq Composite was down 2.21%, the S&P 500 1.22% and the Dow 0.39%. Intel plunged more than 30% and dragged chip stocks lower: Nvidia fell 3% and AMD 9.3%.
FinanceInternationalReutersOct 30AI
Gold falls below $4,000 and silver hits year lows after attack in the Strait of Hormuz
Spot gold traded near $3,958.80 an ounce (-1.32%) and silver near $50.08 (-4.06%), its lowest level of the year, in Friday's U.S. session. A new attack on a commercial vessel in the Strait of Hormuz pushed crude higher: December Brent was around $117.15 and WTI around $103.79. The employment cost index rose 0.8% in the third quarter, down from 0.9%, while markets priced about an 83% probability of a Fed rate hike in December.
FinanceInternationalKitcoOct 30AI
US votes with the cost of living and inflation under Trump in focus
The high cost of living dominates the US elections, where Donald Trump's Republicans risk losing control of Congress. Average inflation between April and September was 3.67%, one percentage point above the 2.67% of Joe Biden's last six months. Tariffs, the war with Iran since February 28 and higher gasoline and diesel prices explain the deterioration, while GDP grew 3.4% in the third quarter driven by investment in artificial intelligence.
FinanceInternationalEl TiempoOct 30AI
France's economy contracts 0.1% in the third quarter and government warns of crash risk without fiscal adjustment
France's economy contracted 0.1% in the third quarter of 2026, according to Insee, marking three consecutive quarters without growth. Economy Minister Roland Lescure called the situation "paralyzed" and warned the country could "crash" if the fiscal adjustment in the 2027 budget is not approved, which aims to cut the deficit to 5% of GDP. Inflation rose to 3.4% year-on-year in October and exports fell 1.7%.
FinanceInternationalNoticias RCNOct 30AI
France's economy minister warns the economy is "paralyzed" and could "crash"
France's GDP fell 0.1% in the third quarter, after stagnating in the second and contracting 0.2% in the first, according to Insee. Inflation accelerated to 3.4% year-on-year in October, its highest level since January 2024. Economy Minister Roland Lescure said the economy is "paralyzed" and warned that without the planned budget consolidation "we will crash." The government aims to cut the public deficit to 5% of GDP in 2027, from 5.4% in 2026.
FinanceInternationalRevista SemanaOct 30AI
ECB holds rates despite inflation and Lagarde announces 2027 departure
The European Central Bank kept its interest rates unchanged at its October meeting, as markets expected, despite faster inflation in the eurozone. The deposit rate stays at 2.5%, main refinancing operations at 2.65% and the marginal lending facility at 2.90%. Inflation reached 3.8% in September from 3.2% in August, driven by energy. At the same meeting, Christine Lagarde announced she will leave the ECB presidency on February 7, 2027.
FinanceInternationalPulzoOct 30AI
Sandisk Beats Fiscal Q1 Estimates, Announces Eight-for-One Stock Split
Sandisk beat estimates for its fiscal first quarter, issued an outlook for its fiscal second quarter and announced an eight-for-one stock split. The company's shares rose after the announcement.
FinanceInternationalInvestor's Business DailyOct 29AI
Rivian reports $2.155 billion in Q3 revenue, up 38%, with the R2 as its best-seller
Rivian released its third-quarter 2026 results: revenue of $2.155 billion, up 38% year over year and above analyst expectations. The R2, in its first full quarter of deliveries, is already its best-selling vehicle. The company raised its 2026 guidance on every metric and lowered its capex forecast. However, the automotive segment posted an $80 million gross loss, a -5% margin, and the company reported a net loss of $913 million.
FinanceInternationalElectrekOct 29AI
Iovance falls on Wall Street after new doubts about the durability of its experimental lung cancer treatment
Iovance shares plunged on Thursday and lost their 50-day moving average, according to Investor's Business Daily, after new questions emerged about the durability of its experimental lung cancer treatment. The outlet describes Iovance as a top 1% biotech stock.
FinanceInternationalInvestor's Business DailyOct 29AI
US GDP grows 3.4% in the third quarter as inflation rises
The US economy grew 3.4% in the third quarter, above the 3.1% expected by analysts and the 2.2% of the previous quarter, according to the Bureau of Economic Analysis. The gain came from investment, consumer spending and government spending, partly offset by a decline in exports. PCE inflation stood at 3.6% year-on-year in September, with a monthly rise of 0.5%, in a outlook marked by higher gasoline prices.
FinanceInternationalEl EspectadorOct 29AI
US GDP grows 3.4% in the third quarter of 2026, beating forecasts
The US economy grew 3.4% in the third quarter of 2026, according to figures published Thursday by the Commerce Department. The reading tops the 2.2% of the previous quarter and economists' forecast of 3.1%. The expansion was supported by increases in investment, consumer spending and government spending, while a decline in exports partly offset those gains.
FinanceInternationalRevista ADVFNOct 29AI
Wall Street futures fall on Alphabet slide and US economic data
Wall Street futures pointed to a lower open on Thursday, with Nasdaq 100 futures down 1.3%, after quarterly results from major companies. Alphabet fell 11.1% premarket after reporting negative free cash flow and revenue below expectations, while Caterpillar dropped 11.7% despite beating estimates and Microsoft rose 2%. Investors also weighed September inflation data in line with expectations and third-quarter growth above forecasts, after the Fed held rates at 3.75%-4.00%.
FinanceInternationalRevista ADVFNOct 29AI
US economy grew 3.4% in the third quarter while PCE inflation held at 3.6%
The US economy grew 3.4% in the third quarter, above analysts' 3.1% forecast and the 2.2% of the previous quarter, according to data released this Thursday. The Bureau of Economic Analysis of the Commerce Department attributed the gain to investment, consumer spending and government spending, partly offset by a decline in exports. In September, the PCE inflation index rose 3.6% year-on-year and 0.5% month-on-month. The figures come days before the midterm legislative elections.
FinanceInternationalPortafolioOct 29AI
Morningstar lifts SpaceX price target on AI and data center growth
Morningstar raised its price target for SpaceX shares, according to Investor's Business Daily. The outlet notes that analysts continue to highlight growth in the company's artificial intelligence and data center business. The information appears in a stock analysis piece that asks whether the stock is a buying opportunity.
FinanceInternationalInvestor's Business DailyOct 29AI
Indra beats EBITDA estimates in the third quarter and surges on the stock market
Indra reported mixed third-quarter 2026 results: EBITDA reached 201 million euros, above estimates, while revenue and EBIT came in below consensus. Net profit and cash generation showed a favorable trend. The accumulated order book reached 22.165 billion euros, with Defense as its main component (11.481 billion). The company maintains its 2026 targets and its shares are up 34% since the start of the year.
FinanceInternationalXTB.comOct 29AI
Brazil consumption tax rate could exceed projections, worrying infrastructure companies
Brazil's Federal Court of Accounts (TCU) presented a calculation proposing a reference rate of 11.3% for the Goods and Services Contribution (CBS) in 2027, a tax that will replace PIS and Cofins. If confirmed, total consumption taxation could reach 30%, above the 26.5% foreseen during the passage of the reform approved in 2024. The proposal still needs to be evaluated by the Senate, which has until December 22 to set the rate.
FinanceInternationalBNamericasOct 29AI
US personal spending rises 0.5% monthly as annual PCE reaches 3.6%
US personal spending grew 0.5% month over month, below the 0.6% forecast, while the annual PCE rate stood at 3.6%. Core PCE rose 0.3% monthly and held its annual rate at 3.1%. Personal income rose 0.2% monthly. Meanwhile, annualized GDP posted preliminary growth of 3.4%, versus 2.2% previously, with annualized personal consumption at 3.8% and a GDP deflator of 2.2%.
FinanceInternationalXTB.comOct 29AI
Samsung and Alphabet cast doubt on the AI rally at market open
US futures trade lower, weighed down by Alphabet, whose shares fall about 10% in premarket after reporting third-quarter sales, excluding partner payments, of $111.2 billion, below estimates. In Asia, Samsung fell 4.1% after disappointing with the absence of a new shareholder return plan and chip profits below estimates. Microsoft rises 3.7% in premarket on strong cloud sales and Oracle extends gains.
FinanceInternationalXTB.comOct 29AI