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Reddit’s stock soars after social-media platform turns a profit, beats Q3 sales and earnings estimates

Reddit said Tuesday that it turned a profit in its third quarter — a first for the social-media platform since becoming a public company earlier this year.

Looking for a job on LinkedIn? AI could be reading your profile — and recommending it to recruiters.

The professional networking site is debuting a new AI-powered hiring tool that can sort, rank and message potential candidates for recruiters.

Snap shares rise after results come in better than expected

Shares of Snap Inc. rose after hours on Tuesday after the social-media platform reported third-quarter results that beat expectations and said its board authorized a stock buyback of up to $500 million.

Visa gets a boost from higher payment volumes and transactions

Shares of Visa Inc. rise more than 2% in the extended session Tuesday as company sees “stable growth” across its business.

Chipotle sales trends come up short, and stock falls

Shares of Chipotle Mexican Grill Inc. fell after hours on Tuesday after the Mexican fast-casual chain reported quarterly sales trends that were a bit weaker than expected.

Here’s a sign that profit growth for America’s biggest companies might be about to take off

Corporate executives are dropping hints that the pace of profit growth could be poised to take off in 2025, according to a team of analysts at Bank of America Global Research.

7% mortgage rates are a warning about who will win the election, economist says

Mark Zandi of Moody’s Analytics says rising mortgage rates offer clues about how investors are considering the postelection future of the U.S. economy

Bitcoin trades near $73,000, closes in on record high as bulls tout election hopes

Bitcoin was knocking on the door of its all-time from March on Tuesday afternoon, with traders tying the rally in part to growing expectations for a victory by Donald Trump in next week’s presidential election.

A big pandemic-era IOU is coming due after the U.S. election

Major U.S. companies will need to refinance some $250 billion in low-coupon bonds issued in 2020. Tax policy is up for grabs in the election.

What the presidential election means for gold, oil, natural gas and other commodities

The U.S. election outcome isn’t likely to have a big impact on commodities such as energy, metals and grains in the short run, but oil and natural gas could be influenced in the years to come by who wins the presidency given the differences in the candidates’ policies.

Chip stocks are ready for a big rally, based on this ‘truly unusual’ data point

History suggests it’s highly likely that chip stocks will outperform their software rivals over the next several months.

Boeing raises greater-than-expected $21 billion from new stock sales

Boeing said Tuesday that it will raise nearly $21 billion from a public offering of common stock and depositary shares — more than the roughly $19 billion that was initially mooted.
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