BOOM! $AMC ’s earnings Q3 2024:
Revenue: $1.35 billion 🔺up 31% from last year.
Net Loss: Narrowed to $20.7 million (way better than last quarter’s red ink).
Adjusted EBITDA: $161.8 million, holding strong despite a tough year.
Cash on Hand: $527.4 million, keeping AMC’s popcorn popping.
CEO Adam Aron’s take? He’s pumped. #AMCTheatres is bouncing back with record revenue per visitor, stellar food sales, and industry wide box office boosts. Even with attendance down, they matched pre-COVID profits...

Japanese automaker Toyota Motor on Wednesday reported its first quarterly operating profit drop in about two years, as it strives to navigate the market shift toward electric vehicles.
Here are Toyota’s results compared with estimates from analysts, compiled by LSEG.
Revenue: 11.44 trillion yen vs. 11.41 trillion yen
Operating profit: 1.16 trillion yen vs. 1.24 trillion yen
The world’s largest automaker by sales vo...

Palantir Technologies raised its annual revenue forecast for the third time, betting on strong spending from governments and rising demand for its software services from businesses looking to adopt generative AI technology.
Palantir Technologies Inc. announced on Monday its revenue in the third quarter of the fiscal year 2024 saw an annual increase of 30% to reach $726 million, beating estimates. The company's net income grew by 2...

RDDT was in the 70s its potentially undervalued, but since their earnings report 2 days ago this went from 84 to current 120s and rising.
While I believe longer term it's possible for them to grow more into the valuation wallstreet is pumping on the ticker, it's up 45% in a day and a half.
Its the nature of the beast sometimes for a stock to uncontrollably run up. It's rare a stock stays up that high. Only exception to the rule is something like tsla stock.
Is anyone...

Volkswagen is considering widespread pay cuts and layoffs as well as the closure or size reduction of its plants in Germany, the company’s works council said Monday.
The Volkswagen management recently presented plans to the council that include a 10% reduction in pay across the board, as well as wage freezes in 2025 and 2026, according to Daniela Cavallo, head of the works council. All factored in, the body estimates workers wil...