*ΠΠ»Π°ΡΡΠΈΡΠΈΠΊΠ°ΡΠΈΡ*
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Forma-Odezhda
ΠΠ»Π°ΡΡΠΈΡΠΈΠΊΠ°ΡΠΈΡ (ΠΌΠ°ΡΠΊΠΈΡΠΎΠ²ΠΊΠ°) Π‘ΠΠ ΠΏΠΎ Π·Π°ΡΠΈΡΠ½ΡΠΌ ΡΠ²ΠΎΠΉΡΡΠ²Π°ΠΌ
Π£Π·Π½Π°ΠΉΡΠ΅ ΠΎ ΠΠ»Π°ΡΡΠΈΡΠΈΠΊΠ°ΡΠΈΡ (ΠΌΠ°ΡΠΊΠΈΡΠΎΠ²ΠΊΠ°) Π‘ΠΠ ΠΏΠΎ Π·Π°ΡΠΈΡΠ½ΡΠΌ ΡΠ²ΠΎΠΉΡΡΠ²Π°ΠΌ Π² ΡΠ½ΡΠΈΠΊΠ»ΠΎΠΏΠ΅Π΄ΠΈΠΈ ΠΌΠ°Π³Π°Π·ΠΈΠ½Π° Π€ΠΎΡΠΌΠ° ΠΎΠ΄Π΅ΠΆΠ΄Ρ.
ΠΠ»Π°ΡΡΠΈΡΠΈΠΊΠ°ΡΠΈΡ
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Forma-Odezhda
ΠΠ»Π°ΡΡΠΈΡΠΈΠΊΠ°ΡΠΈΡ (ΠΌΠ°ΡΠΊΠΈΡΠΎΠ²ΠΊΠ°) Π‘ΠΠ ΠΏΠΎ Π·Π°ΡΠΈΡΠ½ΡΠΌ ΡΠ²ΠΎΠΉΡΡΠ²Π°ΠΌ
Π£Π·Π½Π°ΠΉΡΠ΅ ΠΎ ΠΠ»Π°ΡΡΠΈΡΠΈΠΊΠ°ΡΠΈΡ (ΠΌΠ°ΡΠΊΠΈΡΠΎΠ²ΠΊΠ°) Π‘ΠΠ ΠΏΠΎ Π·Π°ΡΠΈΡΠ½ΡΠΌ ΡΠ²ΠΎΠΉΡΡΠ²Π°ΠΌ Π² ΡΠ½ΡΠΈΠΊΠ»ΠΎΠΏΠ΅Π΄ΠΈΠΈ ΠΌΠ°Π³Π°Π·ΠΈΠ½Π° Π€ΠΎΡΠΌΠ° ΠΎΠ΄Π΅ΠΆΠ΄Ρ.
*The best βcat walkβ you will see today*
submitted by /u/Any_Elevator_380 to r/WhatsWrongWithYourCat [link] [comments]
[Read more...](https://www.reddit.com/r/WhatsWrongWithYourCat/comments/17qe7t3/the_best_cat_walk_you_will_see_today/)
submitted by /u/Any_Elevator_380 to r/WhatsWrongWithYourCat [link] [comments]
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Reddit
From the WhatsWrongWithYourCat community on Reddit: The best βcat walkβ you will see today
Explore this post and more from the WhatsWrongWithYourCat community
The best βcat walkβ you will see today
submitted by /u/AnyElevator380 to r/WhatsWrongWithYourCat link comments
Read more...
submitted by /u/AnyElevator380 to r/WhatsWrongWithYourCat link comments
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Reddit
From the WhatsWrongWithYourCat community on Reddit: The best βcat walkβ you will see today
Explore this post and more from the WhatsWrongWithYourCat community
*Nintendo ΠΈ Sony Pictures Π²ΡΠΏΡΡΡΡΡ ΡΠΈΠ»ΡΠΌ ΠΏΠΎ The Legend of Zelda*
ΠΠ°ΠΊ Π΄ΡΠΌΠ°Π΅ΡΠ΅, ΠΊΡΠΎ ΡΡΠ³ΡΠ°Π΅Ρ ΠΠΈΠ½ΠΊΠ°?
[Read more...](https://lifehacker.ru/the-legend-of-zelda-anons-ekranizacii/)
ΠΠ°ΠΊ Π΄ΡΠΌΠ°Π΅ΡΠ΅, ΠΊΡΠΎ ΡΡΠ³ΡΠ°Π΅Ρ ΠΠΈΠ½ΠΊΠ°?
[Read more...](https://lifehacker.ru/the-legend-of-zelda-anons-ekranizacii/)
*Stock Market Today: Stocks flat as markets eye Powell remarks, 10-year auction*
U.S. equity futures nudged modestly lower Wednesday, following on from the longest winning streak for major stock benchmarks in more than two years, as markets continue to track moves in Treasury bond yields ahead of public remarks from Federal Reserve Chairman Jerome Powell prior to the opening bell. The S&P 500 notched its seventh consecutive session gain Tuesday, while the Nasdaq ended in the green for eighth straight trading day, as Treasury yields slipped lower following a solid auction of $48 billion in 3-year notes that drew renewed interest from foreign investors. The better-than-expected sale, which forms part of the Treasury's newly-increased borrowing slate, eases concerns that a pick-up in new supply would weigh on demand and push yields higher. The downside Treasury yield moves, which typically result in higher stock prices, also leaned in to a series of comments from Federal Reserve officials that suggested the economy was strong enough, and inflation quick enough, to possibly warrant another rate hike. "We're going to continue to need to see tight financial conditions in order to bring inflation to 2% in a timely and sustainable way," said Dallas Fed President Lorie Logan. "I'm going to be looking at the data and I'm going to be looking at financial conditions as we get closer to the following meeting." The CME Group's FedWatch tool, however, continues to suggest investors are betting on rate cuts over the next six months, rather than rate hikes, and see a lower benchmark lending rate as early as June. Fed Chairman Jerome Powell could challenge that consensus with public remarks to the Division of Research and Statistics conference in Washington and 9:15 am eastern time today, but is more likely to be more pointed in a policy discussion at the Jacques Polak Annual Research Conference tomorrow afternoon at 2:00 pm eastern time. Today's action, then, is likely to focus on the Treasury's $40 billion auction of new 10-year notes, which are expected to be released at around 1:00 pm eastern time. Related: Wall Street braced for renewed bond market slump as Treasury debuts beefed-up auction plate Benchmark 10-year paper was marked little-changed from last night's levels at 4.575% heading into the New York trading session, while 2-year notes were pegged at 4.945%. The U.S. dollar index, which tracks the greenback against a basket of six global currencies, was marked 0.25% on the overnight session at 105.810. On Wall Street, with earnings from Warner Bros Discovery and Biogen before the bell, and Disney after the close, stocks are set for a muted open following last night's closed gains. Futures contracts tied to the S&P 500 are priced for a 3 point opening bell dip while those linked to the Dow Jones Industrial Average suggest a 10 point pullback. The tech-focused Nasdaq is called 3 points lower. In other markets, global oil prices hovered near three-month lows following data from the American Petroleum Institute that showed am 11.9 billion increase in domestic U.S. stockpiles amid concerns over the pace of demand in a slowing global economy. Brent futures contracts for January delivery were marked 44 cents lower at $81.16 per barrel while WTI contracts for December fell 47 cents to $76.90 per barrel. In Europe, the region-wide Stoxx 600 was marked 0.28% lower in early Frankfurt trading, while stocks in Asia were also in the red after failing to catch momentum from Wall Street's solid close. Action Alerts PLUS offers expert portfolio guidance to help you make informed investing decisions. Sign up now.
[Read more...](https://www.thestreet.com/investing/stocks/stock-market-today-stocks-flat-as-markets-eye-powell-10-year-auction)
U.S. equity futures nudged modestly lower Wednesday, following on from the longest winning streak for major stock benchmarks in more than two years, as markets continue to track moves in Treasury bond yields ahead of public remarks from Federal Reserve Chairman Jerome Powell prior to the opening bell. The S&P 500 notched its seventh consecutive session gain Tuesday, while the Nasdaq ended in the green for eighth straight trading day, as Treasury yields slipped lower following a solid auction of $48 billion in 3-year notes that drew renewed interest from foreign investors. The better-than-expected sale, which forms part of the Treasury's newly-increased borrowing slate, eases concerns that a pick-up in new supply would weigh on demand and push yields higher. The downside Treasury yield moves, which typically result in higher stock prices, also leaned in to a series of comments from Federal Reserve officials that suggested the economy was strong enough, and inflation quick enough, to possibly warrant another rate hike. "We're going to continue to need to see tight financial conditions in order to bring inflation to 2% in a timely and sustainable way," said Dallas Fed President Lorie Logan. "I'm going to be looking at the data and I'm going to be looking at financial conditions as we get closer to the following meeting." The CME Group's FedWatch tool, however, continues to suggest investors are betting on rate cuts over the next six months, rather than rate hikes, and see a lower benchmark lending rate as early as June. Fed Chairman Jerome Powell could challenge that consensus with public remarks to the Division of Research and Statistics conference in Washington and 9:15 am eastern time today, but is more likely to be more pointed in a policy discussion at the Jacques Polak Annual Research Conference tomorrow afternoon at 2:00 pm eastern time. Today's action, then, is likely to focus on the Treasury's $40 billion auction of new 10-year notes, which are expected to be released at around 1:00 pm eastern time. Related: Wall Street braced for renewed bond market slump as Treasury debuts beefed-up auction plate Benchmark 10-year paper was marked little-changed from last night's levels at 4.575% heading into the New York trading session, while 2-year notes were pegged at 4.945%. The U.S. dollar index, which tracks the greenback against a basket of six global currencies, was marked 0.25% on the overnight session at 105.810. On Wall Street, with earnings from Warner Bros Discovery and Biogen before the bell, and Disney after the close, stocks are set for a muted open following last night's closed gains. Futures contracts tied to the S&P 500 are priced for a 3 point opening bell dip while those linked to the Dow Jones Industrial Average suggest a 10 point pullback. The tech-focused Nasdaq is called 3 points lower. In other markets, global oil prices hovered near three-month lows following data from the American Petroleum Institute that showed am 11.9 billion increase in domestic U.S. stockpiles amid concerns over the pace of demand in a slowing global economy. Brent futures contracts for January delivery were marked 44 cents lower at $81.16 per barrel while WTI contracts for December fell 47 cents to $76.90 per barrel. In Europe, the region-wide Stoxx 600 was marked 0.28% lower in early Frankfurt trading, while stocks in Asia were also in the red after failing to catch momentum from Wall Street's solid close. Action Alerts PLUS offers expert portfolio guidance to help you make informed investing decisions. Sign up now.
[Read more...](https://www.thestreet.com/investing/stocks/stock-market-today-stocks-flat-as-markets-eye-powell-10-year-auction)
TheStreet
Stock Market Today: Stocks slip after mixed 10-year auction; Powell avoids rate comments
Stocks are back on bond watch Wednesday as investors look to extend Wall Street's longest rally in two years ahead of another key Treasury auction later in the session.
Stock Market Today: Stocks flat as markets eye Powell remarks, 10-year auction
U.S. equity futures nudged modestly lower Wednesday, following on from the longest winning streak for major stock benchmarks in more than two years, as markets continue to track moves in Treasury bond yields ahead of public remarks from Federal Reserve Chairman Jerome Powell prior to the opening bell. The S&P 500 notched its seventh consecutive session gain Tuesday, while the Nasdaq ended in the green for eighth straight trading day, as Treasury yields slipped lower following a solid auction of $48 billion in 3-year notes that drew renewed interest from foreign investors. The better-than-expected sale, which forms part of the Treasury's newly-increased borrowing slate, eases concerns that a pick-up in new supply would weigh on demand and push yields higher. The downside Treasury yield moves, which typically result in higher stock prices, also leaned in to a series of comments from Federal Reserve officials that suggested the economy was strong enough, and inflation quick enough, to possibly warrant another rate hike. "We're going to continue to need to see tight financial conditions in order to bring inflation to 2% in a timely and sustainable way," said Dallas Fed President Lorie Logan. "I'm going to be looking at the data and I'm going to be looking at financial conditions as we get closer to the following meeting." The CME Group's FedWatch tool, however, continues to suggest investors are betting on rate cuts over the next six months, rather than rate hikes, and see a lower benchmark lending rate as early as June. Fed Chairman Jerome Powell could challenge that consensus with public remarks to the Division of Research and Statistics conference in Washington and 9:15 am eastern time today, but is more likely to be more pointed in a policy discussion at the Jacques Polak Annual Research Conference tomorrow afternoon at 2:00 pm eastern time. Today's action, then, is likely to focus on the Treasury's $40 billion auction of new 10-year notes, which are expected to be released at around 1:00 pm eastern time. Related: Wall Street braced for renewed bond market slump as Treasury debuts beefed-up auction plate Benchmark 10-year paper was marked little-changed from last night's levels at 4.575% heading into the New York trading session, while 2-year notes were pegged at 4.945%. The U.S. dollar index, which tracks the greenback against a basket of six global currencies, was marked 0.25% on the overnight session at 105.810. On Wall Street, with earnings from Warner Bros Discovery and Biogen before the bell, and Disney after the close, stocks are set for a muted open following last night's closed gains. Futures contracts tied to the S&P 500 are priced for a 3 point opening bell dip while those linked to the Dow Jones Industrial Average suggest a 10 point pullback. The tech-focused Nasdaq is called 3 points lower. In other markets, global oil prices hovered near three-month lows following data from the American Petroleum Institute that showed am 11.9 billion increase in domestic U.S. stockpiles amid concerns over the pace of demand in a slowing global economy. Brent futures contracts for January delivery were marked 44 cents lower at $81.16 per barrel while WTI contracts for December fell 47 cents to $76.90 per barrel. In Europe, the region-wide Stoxx 600 was marked 0.28% lower in early Frankfurt trading, while stocks in Asia were also in the red after failing to catch momentum from Wall Street's solid close. Action Alerts PLUS offers expert portfolio guidance to help you make informed investing decisions. Sign up now.
Read more...
U.S. equity futures nudged modestly lower Wednesday, following on from the longest winning streak for major stock benchmarks in more than two years, as markets continue to track moves in Treasury bond yields ahead of public remarks from Federal Reserve Chairman Jerome Powell prior to the opening bell. The S&P 500 notched its seventh consecutive session gain Tuesday, while the Nasdaq ended in the green for eighth straight trading day, as Treasury yields slipped lower following a solid auction of $48 billion in 3-year notes that drew renewed interest from foreign investors. The better-than-expected sale, which forms part of the Treasury's newly-increased borrowing slate, eases concerns that a pick-up in new supply would weigh on demand and push yields higher. The downside Treasury yield moves, which typically result in higher stock prices, also leaned in to a series of comments from Federal Reserve officials that suggested the economy was strong enough, and inflation quick enough, to possibly warrant another rate hike. "We're going to continue to need to see tight financial conditions in order to bring inflation to 2% in a timely and sustainable way," said Dallas Fed President Lorie Logan. "I'm going to be looking at the data and I'm going to be looking at financial conditions as we get closer to the following meeting." The CME Group's FedWatch tool, however, continues to suggest investors are betting on rate cuts over the next six months, rather than rate hikes, and see a lower benchmark lending rate as early as June. Fed Chairman Jerome Powell could challenge that consensus with public remarks to the Division of Research and Statistics conference in Washington and 9:15 am eastern time today, but is more likely to be more pointed in a policy discussion at the Jacques Polak Annual Research Conference tomorrow afternoon at 2:00 pm eastern time. Today's action, then, is likely to focus on the Treasury's $40 billion auction of new 10-year notes, which are expected to be released at around 1:00 pm eastern time. Related: Wall Street braced for renewed bond market slump as Treasury debuts beefed-up auction plate Benchmark 10-year paper was marked little-changed from last night's levels at 4.575% heading into the New York trading session, while 2-year notes were pegged at 4.945%. The U.S. dollar index, which tracks the greenback against a basket of six global currencies, was marked 0.25% on the overnight session at 105.810. On Wall Street, with earnings from Warner Bros Discovery and Biogen before the bell, and Disney after the close, stocks are set for a muted open following last night's closed gains. Futures contracts tied to the S&P 500 are priced for a 3 point opening bell dip while those linked to the Dow Jones Industrial Average suggest a 10 point pullback. The tech-focused Nasdaq is called 3 points lower. In other markets, global oil prices hovered near three-month lows following data from the American Petroleum Institute that showed am 11.9 billion increase in domestic U.S. stockpiles amid concerns over the pace of demand in a slowing global economy. Brent futures contracts for January delivery were marked 44 cents lower at $81.16 per barrel while WTI contracts for December fell 47 cents to $76.90 per barrel. In Europe, the region-wide Stoxx 600 was marked 0.28% lower in early Frankfurt trading, while stocks in Asia were also in the red after failing to catch momentum from Wall Street's solid close. Action Alerts PLUS offers expert portfolio guidance to help you make informed investing decisions. Sign up now.
Read more...
TheStreet
Stock Market Today: Stocks slip after mixed 10-year auction; Powell avoids rate comments
Stocks are back on bond watch Wednesday as investors look to extend Wall Street's longest rally in two years ahead of another key Treasury auction later in the session.
*ΠΠΎΠ³ΠΎΠ½Ρ Π² Π¦Π°ΡΡΠΊΠΎΠΉ*
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Forma-Odezhda
ΠΠΎΠ³ΠΎΠ½Ρ Π² Π¦Π°ΡΡΠΊΠΎΠΉ Π°ΡΠΌΠΈΠΈ
Π£Π·Π½Π°ΠΉΡΠ΅ ΠΎ ΠΠΎΠ³ΠΎΠ½Ρ Π² Π¦Π°ΡΡΠΊΠΎΠΉ Π°ΡΠΌΠΈΠΈ Π² ΡΠ½ΡΠΈΠΊΠ»ΠΎΠΏΠ΅Π΄ΠΈΠΈ ΠΌΠ°Π³Π°Π·ΠΈΠ½Π° Π€ΠΎΡΠΌΠ° ΠΎΠ΄Π΅ΠΆΠ΄Ρ.
ΠΠΎΠ³ΠΎΠ½Ρ Π² Π¦Π°ΡΡΠΊΠΎΠΉ
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Forma-Odezhda
ΠΠΎΠ³ΠΎΠ½Ρ Π² Π¦Π°ΡΡΠΊΠΎΠΉ Π°ΡΠΌΠΈΠΈ
Π£Π·Π½Π°ΠΉΡΠ΅ ΠΎ ΠΠΎΠ³ΠΎΠ½Ρ Π² Π¦Π°ΡΡΠΊΠΎΠΉ Π°ΡΠΌΠΈΠΈ Π² ΡΠ½ΡΠΈΠΊΠ»ΠΎΠΏΠ΅Π΄ΠΈΠΈ ΠΌΠ°Π³Π°Π·ΠΈΠ½Π° Π€ΠΎΡΠΌΠ° ΠΎΠ΄Π΅ΠΆΠ΄Ρ.
*Rivian stock leaps as Tesla rival boosts production forecast, defying EV gloom*
Rivian Automotive RIVN shares jumped higher in pre-market trading Wednesday after the EV truckmaker defied industry concerns for a pullback in demand with upgrade production rates and an improved profit forecast. Amazon-backed AMZN Rivian, which makes electrified trucks and SUVs, said it would boost 2023 production by 2,000 units, to 54,000 units, even as it trimmed capital spending plans following a solid third quarter earnings report that included overall revenues of $1.34 billion and a narrower-than-expected loss. Last month, Rivian said it delivered 15,564 units over the three months ending in September, a 23% increase from the prior period, and said it was on track to produce around 52,000 vehicles this year. Rivian added late Tuesday that its 2023 capital spending will come in around $1.1 billion, while guiding investors to negative adjusted earnings in the region of $4 billion. "There has been a lot of noise and a lot of dialogue recently around EV adoption, and I want to emphatically state just how deeply convicted we are that the entire automotive industry will be transitioning to electric over the next one to two decades," CEO RJ Scaringe told investors on a conference call late Tuesday. "In the short-term, I want to acknowledge the macroeconomic and geopolitical pressures impacting consumers and businesses, most notably the increase in interest rates," he added. "In this context, we remain laser focused on the factors within our control, driving greater cost efficiency (and) continue to ramp production." Rivian shares were marked 7.3% higher in pre-market trading to indicate an opening bell price of $18.69 each, a move that would extend the stock's six-month gain to around 35%. Scaringe's comments on high interest rates and broader macro economic concerns echo those of Tesla CEO Elon Musk, who struck a downbeat tone following the carmaker's disappointing third quarter earnings last month. Musk said "stormy' economic conditions, rising interest rates and uncertain demand have clouded the group's near-term outlook as he appeared to back away from the company's stated goal of growing overall deliveries by 50% each year. Tesla's key supply chain partner, Panasonic Holdings, warned in late October that its battery production facilities are running well below capacity amid a glut in global supplies and a pullback in demand. Panasonic Holdings posted a third quarter loss, and lowered its full-year profit outlook, citing muted sales of Tesla's high-end Model S and Model X cars even amid the multi-level price cuts put in place in order to stoke demand and maintain market share. U.S. EV rivals Ford F and General Motors GM, meanwhile, fresh from agreeing new labor contracts with the United Autoworkers' Union that ended nearly 45 days of strikes at production and assembly sites around the country, pulled their full-year profit forecasts and pared down electrified car sale prospects as the industry continues to face waning customer interest. Action Alerts PLUS offers expert portfolio guidance to help you make informed investing decisions. Sign up now.
[Read more...](https://www.thestreet.com/investing/stocks/rivian-stock-leaps-as-tesla-rival-boosts-production-forecast-defying-ev-gloom)
Rivian Automotive RIVN shares jumped higher in pre-market trading Wednesday after the EV truckmaker defied industry concerns for a pullback in demand with upgrade production rates and an improved profit forecast. Amazon-backed AMZN Rivian, which makes electrified trucks and SUVs, said it would boost 2023 production by 2,000 units, to 54,000 units, even as it trimmed capital spending plans following a solid third quarter earnings report that included overall revenues of $1.34 billion and a narrower-than-expected loss. Last month, Rivian said it delivered 15,564 units over the three months ending in September, a 23% increase from the prior period, and said it was on track to produce around 52,000 vehicles this year. Rivian added late Tuesday that its 2023 capital spending will come in around $1.1 billion, while guiding investors to negative adjusted earnings in the region of $4 billion. "There has been a lot of noise and a lot of dialogue recently around EV adoption, and I want to emphatically state just how deeply convicted we are that the entire automotive industry will be transitioning to electric over the next one to two decades," CEO RJ Scaringe told investors on a conference call late Tuesday. "In the short-term, I want to acknowledge the macroeconomic and geopolitical pressures impacting consumers and businesses, most notably the increase in interest rates," he added. "In this context, we remain laser focused on the factors within our control, driving greater cost efficiency (and) continue to ramp production." Rivian shares were marked 7.3% higher in pre-market trading to indicate an opening bell price of $18.69 each, a move that would extend the stock's six-month gain to around 35%. Scaringe's comments on high interest rates and broader macro economic concerns echo those of Tesla CEO Elon Musk, who struck a downbeat tone following the carmaker's disappointing third quarter earnings last month. Musk said "stormy' economic conditions, rising interest rates and uncertain demand have clouded the group's near-term outlook as he appeared to back away from the company's stated goal of growing overall deliveries by 50% each year. Tesla's key supply chain partner, Panasonic Holdings, warned in late October that its battery production facilities are running well below capacity amid a glut in global supplies and a pullback in demand. Panasonic Holdings posted a third quarter loss, and lowered its full-year profit outlook, citing muted sales of Tesla's high-end Model S and Model X cars even amid the multi-level price cuts put in place in order to stoke demand and maintain market share. U.S. EV rivals Ford F and General Motors GM, meanwhile, fresh from agreeing new labor contracts with the United Autoworkers' Union that ended nearly 45 days of strikes at production and assembly sites around the country, pulled their full-year profit forecasts and pared down electrified car sale prospects as the industry continues to face waning customer interest. Action Alerts PLUS offers expert portfolio guidance to help you make informed investing decisions. Sign up now.
[Read more...](https://www.thestreet.com/investing/stocks/rivian-stock-leaps-as-tesla-rival-boosts-production-forecast-defying-ev-gloom)
TheStreet
Rivian stock leaps as Tesla rival boosts production forecast, defying EV gloom
Amazon-backed Rivian lifted its full-year production forecasts amid improving demand for its electrified trucks and SUVs following solid third quarter earnings late Tuesday.
Rivian stock leaps as Tesla rival boosts production forecast, defying EV gloom
Rivian Automotive RIVN shares jumped higher in pre-market trading Wednesday after the EV truckmaker defied industry concerns for a pullback in demand with upgrade production rates and an improved profit forecast. Amazon-backed AMZN Rivian, which makes electrified trucks and SUVs, said it would boost 2023 production by 2,000 units, to 54,000 units, even as it trimmed capital spending plans following a solid third quarter earnings report that included overall revenues of $1.34 billion and a narrower-than-expected loss. Last month, Rivian said it delivered 15,564 units over the three months ending in September, a 23% increase from the prior period, and said it was on track to produce around 52,000 vehicles this year. Rivian added late Tuesday that its 2023 capital spending will come in around $1.1 billion, while guiding investors to negative adjusted earnings in the region of $4 billion. "There has been a lot of noise and a lot of dialogue recently around EV adoption, and I want to emphatically state just how deeply convicted we are that the entire automotive industry will be transitioning to electric over the next one to two decades," CEO RJ Scaringe told investors on a conference call late Tuesday. "In the short-term, I want to acknowledge the macroeconomic and geopolitical pressures impacting consumers and businesses, most notably the increase in interest rates," he added. "In this context, we remain laser focused on the factors within our control, driving greater cost efficiency (and) continue to ramp production." Rivian shares were marked 7.3% higher in pre-market trading to indicate an opening bell price of $18.69 each, a move that would extend the stock's six-month gain to around 35%. Scaringe's comments on high interest rates and broader macro economic concerns echo those of Tesla CEO Elon Musk, who struck a downbeat tone following the carmaker's disappointing third quarter earnings last month. Musk said "stormy' economic conditions, rising interest rates and uncertain demand have clouded the group's near-term outlook as he appeared to back away from the company's stated goal of growing overall deliveries by 50% each year. Tesla's key supply chain partner, Panasonic Holdings, warned in late October that its battery production facilities are running well below capacity amid a glut in global supplies and a pullback in demand. Panasonic Holdings posted a third quarter loss, and lowered its full-year profit outlook, citing muted sales of Tesla's high-end Model S and Model X cars even amid the multi-level price cuts put in place in order to stoke demand and maintain market share. U.S. EV rivals Ford F and General Motors GM, meanwhile, fresh from agreeing new labor contracts with the United Autoworkers' Union that ended nearly 45 days of strikes at production and assembly sites around the country, pulled their full-year profit forecasts and pared down electrified car sale prospects as the industry continues to face waning customer interest. Action Alerts PLUS offers expert portfolio guidance to help you make informed investing decisions. Sign up now.
Read more...
Rivian Automotive RIVN shares jumped higher in pre-market trading Wednesday after the EV truckmaker defied industry concerns for a pullback in demand with upgrade production rates and an improved profit forecast. Amazon-backed AMZN Rivian, which makes electrified trucks and SUVs, said it would boost 2023 production by 2,000 units, to 54,000 units, even as it trimmed capital spending plans following a solid third quarter earnings report that included overall revenues of $1.34 billion and a narrower-than-expected loss. Last month, Rivian said it delivered 15,564 units over the three months ending in September, a 23% increase from the prior period, and said it was on track to produce around 52,000 vehicles this year. Rivian added late Tuesday that its 2023 capital spending will come in around $1.1 billion, while guiding investors to negative adjusted earnings in the region of $4 billion. "There has been a lot of noise and a lot of dialogue recently around EV adoption, and I want to emphatically state just how deeply convicted we are that the entire automotive industry will be transitioning to electric over the next one to two decades," CEO RJ Scaringe told investors on a conference call late Tuesday. "In the short-term, I want to acknowledge the macroeconomic and geopolitical pressures impacting consumers and businesses, most notably the increase in interest rates," he added. "In this context, we remain laser focused on the factors within our control, driving greater cost efficiency (and) continue to ramp production." Rivian shares were marked 7.3% higher in pre-market trading to indicate an opening bell price of $18.69 each, a move that would extend the stock's six-month gain to around 35%. Scaringe's comments on high interest rates and broader macro economic concerns echo those of Tesla CEO Elon Musk, who struck a downbeat tone following the carmaker's disappointing third quarter earnings last month. Musk said "stormy' economic conditions, rising interest rates and uncertain demand have clouded the group's near-term outlook as he appeared to back away from the company's stated goal of growing overall deliveries by 50% each year. Tesla's key supply chain partner, Panasonic Holdings, warned in late October that its battery production facilities are running well below capacity amid a glut in global supplies and a pullback in demand. Panasonic Holdings posted a third quarter loss, and lowered its full-year profit outlook, citing muted sales of Tesla's high-end Model S and Model X cars even amid the multi-level price cuts put in place in order to stoke demand and maintain market share. U.S. EV rivals Ford F and General Motors GM, meanwhile, fresh from agreeing new labor contracts with the United Autoworkers' Union that ended nearly 45 days of strikes at production and assembly sites around the country, pulled their full-year profit forecasts and pared down electrified car sale prospects as the industry continues to face waning customer interest. Action Alerts PLUS offers expert portfolio guidance to help you make informed investing decisions. Sign up now.
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TheStreet
Rivian stock leaps as Tesla rival boosts production forecast, defying EV gloom
Amazon-backed Rivian lifted its full-year production forecasts amid improving demand for its electrified trucks and SUVs following solid third quarter earnings late Tuesday.
*Π Π°ΡΠΏΡΠΎΠ΄Π°ΠΆΠ° 11.11 Π½Π° AliExpress: ΡΡΠΎ Π½ΡΠΆΠ½ΠΎ Π·Π½Π°ΡΡ, ΡΡΠΎΠ±Ρ ΡΡΠΊΠΎΠ½ΠΎΠΌΠΈΡΡ*
Π Π°ΡΡΠΊΠ°Π·ΡΠ²Π°Π΅ΠΌ ΠΎ ΡΡΠΎΠΊΠ°Ρ ΠΈ ΡΡΠ»ΠΎΠ²ΠΈΡΡ ΠΏΡΠΎΠ²Π΅Π΄Π΅Π½ΠΈΡ Π°ΠΊΡΠΈΠΈ, Π° ΡΠ°ΠΊΠΆΠ΅ Π΄Π΅Π»ΠΈΠΌΡΡ ΠΈΠ½ΡΠΎΡΠΌΠ°ΡΠΈΠ΅ΠΉ ΠΎ ΡΠ°ΠΌΡΡ Π²ΡΠ³ΠΎΠ΄Π½ΡΡ ΠΏΡΠ΅Π΄Π»ΠΎΠΆΠ΅Π½ΠΈΡΡ .
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Π Π°ΡΡΠΊΠ°Π·ΡΠ²Π°Π΅ΠΌ ΠΎ ΡΡΠΎΠΊΠ°Ρ ΠΈ ΡΡΠ»ΠΎΠ²ΠΈΡΡ ΠΏΡΠΎΠ²Π΅Π΄Π΅Π½ΠΈΡ Π°ΠΊΡΠΈΠΈ, Π° ΡΠ°ΠΊΠΆΠ΅ Π΄Π΅Π»ΠΈΠΌΡΡ ΠΈΠ½ΡΠΎΡΠΌΠ°ΡΠΈΠ΅ΠΉ ΠΎ ΡΠ°ΠΌΡΡ Π²ΡΠ³ΠΎΠ΄Π½ΡΡ ΠΏΡΠ΅Π΄Π»ΠΎΠΆΠ΅Π½ΠΈΡΡ .
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*Stock Market Today: Stocks edge higher as markets eye Powell remarks, 10-year auction*
Updated at 7:03 am EST U.S. equity futures nudged modestly higher Wednesday, following on from the longest winning streak for major stock benchmarks in more than two years, as markets continue to track moves in Treasury bond yields ahead of public remarks from Federal Reserve Chairman Jerome Powell prior to the opening bell. The S&P 500 notched its seventh consecutive session gain Tuesday, while the Nasdaq ended in the green for eighth straight trading day, as Treasury yields slipped lower following a solid auction of $48 billion in 3-year notes that drew renewed interest from foreign investors. The better-than-expected sale, which forms part of the Treasury's newly-increased borrowing slate, eases concerns that a pick-up in new supply would weigh on demand and push yields higher. The downside Treasury yield moves, which typically result in higher stock prices, also leaned in to a series of comments from Federal Reserve officials that suggested the economy was strong enough, and inflation quick enough, to possibly warrant another rate hike. "We're going to continue to need to see tight financial conditions in order to bring inflation to 2% in a timely and sustainable way," said Dallas Fed President Lorie Logan. "I'm going to be looking at the data and I'm going to be looking at financial conditions as we get closer to the following meeting." The CME Group's FedWatch tool, however, continues to suggest investors are betting on rate cuts over the next six months, rather than rate hikes, and see a lower benchmark lending rate as early as June. Fed Chairman Jerome Powell could challenge that consensus with public remarks to the Division of Research and Statistics conference in Washington and 9:15 am eastern time today, but is more likely to be more pointed in a policy discussion at the Jacques Polak Annual Research Conference tomorrow afternoon at 2:00 pm eastern time. Today's action, then, is likely to focus on the Treasury's $40 billion auction of new 10-year notes, which are expected to be released at around 1:00 pm eastern time. Related: Wall Street braced for renewed bond market slump as Treasury debuts beefed-up auction plate Benchmark 10-year paper was marked little-changed from last night's levels at 4.577% heading into the New York trading session, while 2-year notes were pegged at 4.940%. The U.S. dollar index, which tracks the greenback against a basket of six global currencies, was marked 0.25% on the overnight session at 105.810. On Wall Street, with earnings from Warner Bros Discovery and Biogen before the bell, and Disney after the close, stocks are set for a muted open following last night's closed gains. Futures contracts tied to the S&P 500 are priced for a 2 point opening bell gain while those linked to the Dow Jones Industrial Average suggest a 16 point bump. The tech-focused Nasdaq is called 3 points higher. In other markets, global oil prices hovered near three-month lows following data from the American Petroleum Institute that showed am 11.9 billion increase in domestic U.S. stockpiles amid concerns over the pace of demand in a slowing global economy. Brent futures contracts for January delivery were marked 44 cents lower at $81.16 per barrel while WTI contracts for December fell 47 cents to $76.90 per barrel. In Europe, the region-wide Stoxx 600 was marked 0.28% lower in early Frankfurt trading, while stocks in Asia were also in the red after failing to catch momentum from Wall Street's solid close. Action Alerts PLUS offers expert portfolio guidance to help you make informed investing decisions. Sign up now.
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Updated at 7:03 am EST U.S. equity futures nudged modestly higher Wednesday, following on from the longest winning streak for major stock benchmarks in more than two years, as markets continue to track moves in Treasury bond yields ahead of public remarks from Federal Reserve Chairman Jerome Powell prior to the opening bell. The S&P 500 notched its seventh consecutive session gain Tuesday, while the Nasdaq ended in the green for eighth straight trading day, as Treasury yields slipped lower following a solid auction of $48 billion in 3-year notes that drew renewed interest from foreign investors. The better-than-expected sale, which forms part of the Treasury's newly-increased borrowing slate, eases concerns that a pick-up in new supply would weigh on demand and push yields higher. The downside Treasury yield moves, which typically result in higher stock prices, also leaned in to a series of comments from Federal Reserve officials that suggested the economy was strong enough, and inflation quick enough, to possibly warrant another rate hike. "We're going to continue to need to see tight financial conditions in order to bring inflation to 2% in a timely and sustainable way," said Dallas Fed President Lorie Logan. "I'm going to be looking at the data and I'm going to be looking at financial conditions as we get closer to the following meeting." The CME Group's FedWatch tool, however, continues to suggest investors are betting on rate cuts over the next six months, rather than rate hikes, and see a lower benchmark lending rate as early as June. Fed Chairman Jerome Powell could challenge that consensus with public remarks to the Division of Research and Statistics conference in Washington and 9:15 am eastern time today, but is more likely to be more pointed in a policy discussion at the Jacques Polak Annual Research Conference tomorrow afternoon at 2:00 pm eastern time. Today's action, then, is likely to focus on the Treasury's $40 billion auction of new 10-year notes, which are expected to be released at around 1:00 pm eastern time. Related: Wall Street braced for renewed bond market slump as Treasury debuts beefed-up auction plate Benchmark 10-year paper was marked little-changed from last night's levels at 4.577% heading into the New York trading session, while 2-year notes were pegged at 4.940%. The U.S. dollar index, which tracks the greenback against a basket of six global currencies, was marked 0.25% on the overnight session at 105.810. On Wall Street, with earnings from Warner Bros Discovery and Biogen before the bell, and Disney after the close, stocks are set for a muted open following last night's closed gains. Futures contracts tied to the S&P 500 are priced for a 2 point opening bell gain while those linked to the Dow Jones Industrial Average suggest a 16 point bump. The tech-focused Nasdaq is called 3 points higher. In other markets, global oil prices hovered near three-month lows following data from the American Petroleum Institute that showed am 11.9 billion increase in domestic U.S. stockpiles amid concerns over the pace of demand in a slowing global economy. Brent futures contracts for January delivery were marked 44 cents lower at $81.16 per barrel while WTI contracts for December fell 47 cents to $76.90 per barrel. In Europe, the region-wide Stoxx 600 was marked 0.28% lower in early Frankfurt trading, while stocks in Asia were also in the red after failing to catch momentum from Wall Street's solid close. Action Alerts PLUS offers expert portfolio guidance to help you make informed investing decisions. Sign up now.
[Read more...](https://www.thestreet.com/investing/stocks/stock-market-today-stocks-flat-as-markets-eye-powell-10-year-auction)
TheStreet
Stock Market Today: Stocks slip after mixed 10-year auction; Powell avoids rate comments
Stocks are back on bond watch Wednesday as investors look to extend Wall Street's longest rally in two years ahead of another key Treasury auction later in the session.
Stock Market Today: Stocks edge higher as markets eye Powell remarks, 10-year auction
Updated at 7:03 am EST U.S. equity futures nudged modestly higher Wednesday, following on from the longest winning streak for major stock benchmarks in more than two years, as markets continue to track moves in Treasury bond yields ahead of public remarks from Federal Reserve Chairman Jerome Powell prior to the opening bell. The S&P 500 notched its seventh consecutive session gain Tuesday, while the Nasdaq ended in the green for eighth straight trading day, as Treasury yields slipped lower following a solid auction of $48 billion in 3-year notes that drew renewed interest from foreign investors. The better-than-expected sale, which forms part of the Treasury's newly-increased borrowing slate, eases concerns that a pick-up in new supply would weigh on demand and push yields higher. The downside Treasury yield moves, which typically result in higher stock prices, also leaned in to a series of comments from Federal Reserve officials that suggested the economy was strong enough, and inflation quick enough, to possibly warrant another rate hike. "We're going to continue to need to see tight financial conditions in order to bring inflation to 2% in a timely and sustainable way," said Dallas Fed President Lorie Logan. "I'm going to be looking at the data and I'm going to be looking at financial conditions as we get closer to the following meeting." The CME Group's FedWatch tool, however, continues to suggest investors are betting on rate cuts over the next six months, rather than rate hikes, and see a lower benchmark lending rate as early as June. Fed Chairman Jerome Powell could challenge that consensus with public remarks to the Division of Research and Statistics conference in Washington and 9:15 am eastern time today, but is more likely to be more pointed in a policy discussion at the Jacques Polak Annual Research Conference tomorrow afternoon at 2:00 pm eastern time. Today's action, then, is likely to focus on the Treasury's $40 billion auction of new 10-year notes, which are expected to be released at around 1:00 pm eastern time. Related: Wall Street braced for renewed bond market slump as Treasury debuts beefed-up auction plate Benchmark 10-year paper was marked little-changed from last night's levels at 4.577% heading into the New York trading session, while 2-year notes were pegged at 4.940%. The U.S. dollar index, which tracks the greenback against a basket of six global currencies, was marked 0.25% on the overnight session at 105.810. On Wall Street, with earnings from Warner Bros Discovery and Biogen before the bell, and Disney after the close, stocks are set for a muted open following last night's closed gains. Futures contracts tied to the S&P 500 are priced for a 2 point opening bell gain while those linked to the Dow Jones Industrial Average suggest a 16 point bump. The tech-focused Nasdaq is called 3 points higher. In other markets, global oil prices hovered near three-month lows following data from the American Petroleum Institute that showed am 11.9 billion increase in domestic U.S. stockpiles amid concerns over the pace of demand in a slowing global economy. Brent futures contracts for January delivery were marked 44 cents lower at $81.16 per barrel while WTI contracts for December fell 47 cents to $76.90 per barrel. In Europe, the region-wide Stoxx 600 was marked 0.28% lower in early Frankfurt trading, while stocks in Asia were also in the red after failing to catch momentum from Wall Street's solid close. Action Alerts PLUS offers expert portfolio guidance to help you make informed investing decisions. Sign up now.
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Updated at 7:03 am EST U.S. equity futures nudged modestly higher Wednesday, following on from the longest winning streak for major stock benchmarks in more than two years, as markets continue to track moves in Treasury bond yields ahead of public remarks from Federal Reserve Chairman Jerome Powell prior to the opening bell. The S&P 500 notched its seventh consecutive session gain Tuesday, while the Nasdaq ended in the green for eighth straight trading day, as Treasury yields slipped lower following a solid auction of $48 billion in 3-year notes that drew renewed interest from foreign investors. The better-than-expected sale, which forms part of the Treasury's newly-increased borrowing slate, eases concerns that a pick-up in new supply would weigh on demand and push yields higher. The downside Treasury yield moves, which typically result in higher stock prices, also leaned in to a series of comments from Federal Reserve officials that suggested the economy was strong enough, and inflation quick enough, to possibly warrant another rate hike. "We're going to continue to need to see tight financial conditions in order to bring inflation to 2% in a timely and sustainable way," said Dallas Fed President Lorie Logan. "I'm going to be looking at the data and I'm going to be looking at financial conditions as we get closer to the following meeting." The CME Group's FedWatch tool, however, continues to suggest investors are betting on rate cuts over the next six months, rather than rate hikes, and see a lower benchmark lending rate as early as June. Fed Chairman Jerome Powell could challenge that consensus with public remarks to the Division of Research and Statistics conference in Washington and 9:15 am eastern time today, but is more likely to be more pointed in a policy discussion at the Jacques Polak Annual Research Conference tomorrow afternoon at 2:00 pm eastern time. Today's action, then, is likely to focus on the Treasury's $40 billion auction of new 10-year notes, which are expected to be released at around 1:00 pm eastern time. Related: Wall Street braced for renewed bond market slump as Treasury debuts beefed-up auction plate Benchmark 10-year paper was marked little-changed from last night's levels at 4.577% heading into the New York trading session, while 2-year notes were pegged at 4.940%. The U.S. dollar index, which tracks the greenback against a basket of six global currencies, was marked 0.25% on the overnight session at 105.810. On Wall Street, with earnings from Warner Bros Discovery and Biogen before the bell, and Disney after the close, stocks are set for a muted open following last night's closed gains. Futures contracts tied to the S&P 500 are priced for a 2 point opening bell gain while those linked to the Dow Jones Industrial Average suggest a 16 point bump. The tech-focused Nasdaq is called 3 points higher. In other markets, global oil prices hovered near three-month lows following data from the American Petroleum Institute that showed am 11.9 billion increase in domestic U.S. stockpiles amid concerns over the pace of demand in a slowing global economy. Brent futures contracts for January delivery were marked 44 cents lower at $81.16 per barrel while WTI contracts for December fell 47 cents to $76.90 per barrel. In Europe, the region-wide Stoxx 600 was marked 0.28% lower in early Frankfurt trading, while stocks in Asia were also in the red after failing to catch momentum from Wall Street's solid close. Action Alerts PLUS offers expert portfolio guidance to help you make informed investing decisions. Sign up now.
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TheStreet
Stock Market Today: Stocks slip after mixed 10-year auction; Powell avoids rate comments
Stocks are back on bond watch Wednesday as investors look to extend Wall Street's longest rally in two years ahead of another key Treasury auction later in the session.
*ΠΠ°ΠΌΡΡΠ»ΡΠΆΠΈ Π°ΡΠΌΠΈΠΉ ΠΌΠΈΡΠ°*
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Forma-Odezhda
ΠΠ°ΠΌΡΡΠ»ΡΠΆΠΈ Π°ΡΠΌΠΈΠΉ ΠΌΠΈΡΠ°
Π£Π·Π½Π°ΠΉΡΠ΅ ΠΎ ΠΠ°ΠΌΡΡΠ»ΡΠΆΠΈ Π°ΡΠΌΠΈΠΉ ΠΌΠΈΡΠ° Π² ΡΠ½ΡΠΈΠΊΠ»ΠΎΠΏΠ΅Π΄ΠΈΠΈ ΠΌΠ°Π³Π°Π·ΠΈΠ½Π° Π€ΠΎΡΠΌΠ° ΠΎΠ΄Π΅ΠΆΠ΄Ρ.
ΠΠ°ΠΌΡΡΠ»ΡΠΆΠΈ Π°ΡΠΌΠΈΠΉ ΠΌΠΈΡΠ°
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Forma-Odezhda
ΠΠ°ΠΌΡΡΠ»ΡΠΆΠΈ Π°ΡΠΌΠΈΠΉ ΠΌΠΈΡΠ°
Π£Π·Π½Π°ΠΉΡΠ΅ ΠΎ ΠΠ°ΠΌΡΡΠ»ΡΠΆΠΈ Π°ΡΠΌΠΈΠΉ ΠΌΠΈΡΠ° Π² ΡΠ½ΡΠΈΠΊΠ»ΠΎΠΏΠ΅Π΄ΠΈΠΈ ΠΌΠ°Π³Π°Π·ΠΈΠ½Π° Π€ΠΎΡΠΌΠ° ΠΎΠ΄Π΅ΠΆΠ΄Ρ.
*ΠΠ°ΠΊ Π²ΡΠ±ΡΠ°ΡΡ ΡΠΏΠ΅Π»ΠΎΠ΅ Π°Π²ΠΎΠΊΠ°Π΄ΠΎ*
ΠΠ»Ρ Π³Π»Π°ΠΌΡΡΠ½ΡΡ Π·Π°Π²ΡΡΠ°ΠΊΠΎΠ² ΠΈ ΠΏΠΎΠ»Π΅Π·Π½ΡΡ ΡΠΆΠΈΠ½ΠΎΠ².
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ΠΠ»Ρ Π³Π»Π°ΠΌΡΡΠ½ΡΡ Π·Π°Π²ΡΡΠ°ΠΊΠΎΠ² ΠΈ ΠΏΠΎΠ»Π΅Π·Π½ΡΡ ΡΠΆΠΈΠ½ΠΎΠ².
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*Warner Bros. Discovery posts wider Q3 loss as Hollywood strikes, ad slump bites*
Warner Bros. Discovery WBD posted a wider-than-expected third quarter loss Wednesday as the impact of Hollywood strikes hit both the top and bottom lines of the entertainment and studio group. Warner Bros. said its adjusted loss for the three months ending in September was pegged at 17 cents per share, a tally that narrowed from the 95 cents per share loss over the same period last year but fell outside the Street consensus forecast of 6 cents per share. Group revenues, Warner Bros. said, rose 1.6% from last year to $9.979 billion, a total that essentially matched Street forecasts. Earlier this autumn, Waner Bros. said the impact of the Writers Guild of America and the Screen Actors Guild strikes, which it had forecast to end in September, would likely rise to between $300 million and $500 million by the end of the year. The studio division has also delay the release of its "Dune: Part Two" sequel, originally set for November, until at least March of next year following a warning from CEO David Zaslav that the industry is in "unchartered waters" as a result of the industrial action at the heart of the global movie industry. "I am very pleased with the strong financial results that our company delivered in Q3, underscored by 22% growth in Adjusted EBITDA and over $2 billion in free cash flow, putting us on track to meaningfully exceed $5 billion for the year and contributing to our nearly $12 billion in debt paydown to date," Zaslav said in a statement alongside the earnings release. "Among the highlights, our Direct-to-Consumer business had another profitable quarter and launched its new live-programming offerings with CNN Max and the Bleacher Report AddOn, which are showing early signs of contributing to increased engagement and lower churn on Max," he added. "Weβve made great strides in just 19 months and are excited to continue building on this strong momentum, as we focus on driving future growth and creating long-term value for our shareholders." Warner Bros. Discovery shares were marked 2.41% lower higher in pre-market trading immediately following the earnings release to indicate an opening bell price of $11.33 each.Action Alerts PLUS offers expert portfolio guidance to help you make informed investing decisions. Sign up now.
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Warner Bros. Discovery WBD posted a wider-than-expected third quarter loss Wednesday as the impact of Hollywood strikes hit both the top and bottom lines of the entertainment and studio group. Warner Bros. said its adjusted loss for the three months ending in September was pegged at 17 cents per share, a tally that narrowed from the 95 cents per share loss over the same period last year but fell outside the Street consensus forecast of 6 cents per share. Group revenues, Warner Bros. said, rose 1.6% from last year to $9.979 billion, a total that essentially matched Street forecasts. Earlier this autumn, Waner Bros. said the impact of the Writers Guild of America and the Screen Actors Guild strikes, which it had forecast to end in September, would likely rise to between $300 million and $500 million by the end of the year. The studio division has also delay the release of its "Dune: Part Two" sequel, originally set for November, until at least March of next year following a warning from CEO David Zaslav that the industry is in "unchartered waters" as a result of the industrial action at the heart of the global movie industry. "I am very pleased with the strong financial results that our company delivered in Q3, underscored by 22% growth in Adjusted EBITDA and over $2 billion in free cash flow, putting us on track to meaningfully exceed $5 billion for the year and contributing to our nearly $12 billion in debt paydown to date," Zaslav said in a statement alongside the earnings release. "Among the highlights, our Direct-to-Consumer business had another profitable quarter and launched its new live-programming offerings with CNN Max and the Bleacher Report AddOn, which are showing early signs of contributing to increased engagement and lower churn on Max," he added. "Weβve made great strides in just 19 months and are excited to continue building on this strong momentum, as we focus on driving future growth and creating long-term value for our shareholders." Warner Bros. Discovery shares were marked 2.41% lower higher in pre-market trading immediately following the earnings release to indicate an opening bell price of $11.33 each.Action Alerts PLUS offers expert portfolio guidance to help you make informed investing decisions. Sign up now.
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TheStreet
Warner Bros. Discovery posts wider Q3 loss as Hollywood strikes, ad slump bite
Warner Bros. Discovery, which warned of a $500 million hit from Hollywood strikes, posted a wider-than-expected third quarter loss Wednesday.
Warner Bros. Discovery posts wider Q3 loss as Hollywood strikes, ad slump bites
Warner Bros. Discovery WBD posted a wider-than-expected third quarter loss Wednesday as the impact of Hollywood strikes hit both the top and bottom lines of the entertainment and studio group. Warner Bros. said its adjusted loss for the three months ending in September was pegged at 17 cents per share, a tally that narrowed from the 95 cents per share loss over the same period last year but fell outside the Street consensus forecast of 6 cents per share. Group revenues, Warner Bros. said, rose 1.6% from last year to $9.979 billion, a total that essentially matched Street forecasts. Earlier this autumn, Waner Bros. said the impact of the Writers Guild of America and the Screen Actors Guild strikes, which it had forecast to end in September, would likely rise to between $300 million and $500 million by the end of the year. The studio division has also delay the release of its "Dune: Part Two" sequel, originally set for November, until at least March of next year following a warning from CEO David Zaslav that the industry is in "unchartered waters" as a result of the industrial action at the heart of the global movie industry. "I am very pleased with the strong financial results that our company delivered in Q3, underscored by 22% growth in Adjusted EBITDA and over $2 billion in free cash flow, putting us on track to meaningfully exceed $5 billion for the year and contributing to our nearly $12 billion in debt paydown to date," Zaslav said in a statement alongside the earnings release. "Among the highlights, our Direct-to-Consumer business had another profitable quarter and launched its new live-programming offerings with CNN Max and the Bleacher Report AddOn, which are showing early signs of contributing to increased engagement and lower churn on Max," he added. "Weβve made great strides in just 19 months and are excited to continue building on this strong momentum, as we focus on driving future growth and creating long-term value for our shareholders." Warner Bros. Discovery shares were marked 2.41% lower higher in pre-market trading immediately following the earnings release to indicate an opening bell price of $11.33 each.Action Alerts PLUS offers expert portfolio guidance to help you make informed investing decisions. Sign up now.
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Warner Bros. Discovery WBD posted a wider-than-expected third quarter loss Wednesday as the impact of Hollywood strikes hit both the top and bottom lines of the entertainment and studio group. Warner Bros. said its adjusted loss for the three months ending in September was pegged at 17 cents per share, a tally that narrowed from the 95 cents per share loss over the same period last year but fell outside the Street consensus forecast of 6 cents per share. Group revenues, Warner Bros. said, rose 1.6% from last year to $9.979 billion, a total that essentially matched Street forecasts. Earlier this autumn, Waner Bros. said the impact of the Writers Guild of America and the Screen Actors Guild strikes, which it had forecast to end in September, would likely rise to between $300 million and $500 million by the end of the year. The studio division has also delay the release of its "Dune: Part Two" sequel, originally set for November, until at least March of next year following a warning from CEO David Zaslav that the industry is in "unchartered waters" as a result of the industrial action at the heart of the global movie industry. "I am very pleased with the strong financial results that our company delivered in Q3, underscored by 22% growth in Adjusted EBITDA and over $2 billion in free cash flow, putting us on track to meaningfully exceed $5 billion for the year and contributing to our nearly $12 billion in debt paydown to date," Zaslav said in a statement alongside the earnings release. "Among the highlights, our Direct-to-Consumer business had another profitable quarter and launched its new live-programming offerings with CNN Max and the Bleacher Report AddOn, which are showing early signs of contributing to increased engagement and lower churn on Max," he added. "Weβve made great strides in just 19 months and are excited to continue building on this strong momentum, as we focus on driving future growth and creating long-term value for our shareholders." Warner Bros. Discovery shares were marked 2.41% lower higher in pre-market trading immediately following the earnings release to indicate an opening bell price of $11.33 each.Action Alerts PLUS offers expert portfolio guidance to help you make informed investing decisions. Sign up now.
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TheStreet
Warner Bros. Discovery posts wider Q3 loss as Hollywood strikes, ad slump bite
Warner Bros. Discovery, which warned of a $500 million hit from Hollywood strikes, posted a wider-than-expected third quarter loss Wednesday.
*Jason Schreier: βRockstar plans to announce Grand Theft Auto VI as early as this week.β*
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From the GTA6 community on Reddit: Jason Schreier: βRockstar plans to announce Grand Theft Auto VI as early as this week.β
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