Equinix is making massive infrastructure bets with 3 GW of capacity under development and land acquisitions across five global markets. The data center giant’s aggressive expansion comes as AI demand reshapes the industry landscape.
Tesla returned to profitability in the third quarter as buyers raced to claim expiring federal EV incentives. The automaker reported $1.4 billion in net income despite a 37% profit decline compared to the same period last year.
Tesla reportedly generated $28.1 billion in revenue during the third quarter, marking a 12% increase year-over-year, according to the company’s earnings report. The electric vehicle manufacturer earned $1.4 billion in net income for the quarter ending in September, though this represents a 37% decrease from the $2.2 billion profit recorded during the same period in 2024. Sources indicate the revenue figures exceeded Wall Street expectations of $26.24 billion, based on data compiled by LSEG.
Behind Tesla’s Profit Decline: A Deeper Look at the Numbers While Tesla celebrated record vehicle deliveries in the third quarter,…
RTX has announced impressive third-quarter 2025 results with double-digit sales growth across its aerospace divisions. The company’s performance exceeded Wall Street expectations, driven by strong aftermarket demand and increased commercial aircraft production, according to recent earnings reports.
RTX reportedly achieved significant financial growth in the third quarter of 2025, with sources indicating a 12% year-over-year revenue increase to $22.5 billion. According to the company’s earnings report, earnings per share jumped 17% to $1.70, surpassing Wall Street analysts’ expectations for both revenue and net income.
American Express achieved record third-quarter revenue of $18.43 billion as affluent millennials and Gen Z members demonstrated strong spending power. The company’s premium Platinum card refresh generated unprecedented demand, with new account acquisitions doubling compared to pre-launch levels according to company reports.
American Express reportedly posted its strongest third-quarter results in company history, with net income reaching $2.9 billion according to the earnings release. Sources indicate this represents a 16% increase compared to the same period last year, with earnings per share climbing 19% to $4.14, surpassing analyst expectations of $3.99. Total revenue net of interest expense reportedly reached an all-time high of $18.43 billion, marking an 11% year-over-year increase and exceeding the anticipated $18.05 billion. The strong performance prompted a 7% surge in American Express shares following the announcement.
Note: Featured image is for illustrative purposes only and does not represent any specific product, service, or entity mentioned in…
JSE-listed Premier Group will acquire convenience meals company RFG Holdings through a share swap arrangement. The transaction will see RFG shareholders collectively owning approximately 22.5% of the enlarged Premier Group, with RFG subsequently delisting from the JSE.
In a significant development within South Africa’s food production sector, Premier Group will acquire RFG Holdings through a stock swap arrangement that will result in RFG shareholders collectively owning about 22.5% of the enlarged entity, according to reports from both companies. The transaction, which requires regulatory approvals, represents one of the larger recent consolidations in the fast-moving consumer goods sector.
Synchrony Financial posted a significant profit increase in Q3 2024, with net income reaching $1.08 billion. The consumer lender benefited from sustained online spending despite economic headwinds and reported improved credit metrics across its portfolio.
Synchrony Financial (SYF.N) reportedly delivered robust third-quarter results, with net income rising to $1.08 billion, or $2.86 per share, according to recent financial disclosures. This represents a substantial increase compared to the $789 million, or $1.94 per share, reported during the same period last year, sources indicate.
Goldman Sachs delivered record third-quarter revenue of $15.18 billion, marking a 20% year-over-year increase. The investment banking giant reported net earnings of $4.1 billion, driven by strong performance across capital markets and wealth management divisions. CEO David Solomon cited an “improved market environment” as key to the robust results.
Goldman Sachs shattered expectations with record third-quarter revenue of $15.18 billion, representing a substantial 20% increase compared to the same period last year. The Wall Street powerhouse reported net earnings of $4.1 billion, a remarkable 37% surge, as the firm capitalized on resurgent capital markets activity and strengthened investment banking performance. Diluted earnings per common share reached $12.25, significantly exceeding both last year’s $8.40 and analyst projections, demonstrating the bank’s ability to thrive in what CEO David Solomon described as an “improved market environment.”
