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Spirit Airlines furloughs more pilots as part of efforts to cut costs

Spirit Airlines Inc. on Wednesday said it would furlough around 330 pilots early next year, the latest money-saving effort by the struggling discount carrier to stay afloat as it wrangles with debt, losses and weaker sales.

Robinhood earnings disappoint Wall Street despite profit growth

The online brokerage’s third-quarter earnings missed analyst forecasts for both revenue and earnings per share.

MicroStrategy, the largest corporate bitcoin holder, to raise more than $40 billion to buy more bitcoin

The plan is to use the additional capital ‘to buy more bitcoin as a treasury reserve asset,’ the company says.

Coinbase’s stock falls 3.6% after-hours as third-quarter earnings fall short of estimates

Coinbase Global Inc.’s stock fell 3.6% in after-hours trading Wednesday, after the cryptocurrency exchange’s third-quarter profit and revenue fell short of estimates.

EBay’s sales outlook comes in weaker, and stock falls more than 8%

EBay’s slightly better-than-expected quarterly earnings were no match for a weaker sales outlook.

Why ‘Trump trades’ and ‘Harris trades’ could be just regular stock-market bets

Here’s what the S&P 500 sectors are really saying about their presidential election preference.

‘DJT’ shares tumble to largest percentage decline in 6 months

Shares of Trump Media & Technology Group fell more than 22% Wednesday.

Companies are increasingly talking about tariffs as Election Day nears

Republican presidential nominee Donald Trump described “tariff” as his favorite word earlier this month, and it’s increasingly a word that’s coming up in S&P 500 companies’ quarterly earnings conference calls.

Starbucks says latest results ‘do not reflect the strength of our brand,’ as profit falls

Starbucks Corp. on Wednesday said its latest quarterly results “do not reflect the strength of our brand,” and said it needed to make fundamental changes to bring back customers.

Roku’s stock falls after streaming company posts another quarterly loss

Roku Inc.’s stock fell in after-hours trade Wednesday, after the streaming platform posted another quarterly loss and flat average revenue per user.

Carvana’s stock soars 20% as used-car retailer calls for better times ahead

Online used-car platform blows past Wall Street expectations for its third quarter.

DoorDash keeps investing in expansion, as more consumers use platform in third quarter

DoorDash Inc. on Wednesday reported third-quarter results and a fourth-quarter demand outlook that topped expectations, as the company continues to invest in expansion and improving service.
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