#earnings

Money

Netflix Announces Workforce Reduction Amid Stock Decline

Netflix is cutting 1,000 jobs, representing 6% of its staff, as the company faces a 41% decline in share price and slowing user engagement growth.

October 14, 2026, 06:00 PM·BeInCrypto
Money

Wall Street Q3 Earnings Outlook and the Role of AI Stocks

Wall Street projects 29.6% earnings growth for S&P 500 firms in Q3, with tech companies leading positive guidance as investors monitor AI infrastructure spending and rising Treasury yields.

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Money

TSMC Posts Record Third-Quarter Revenue

TSMC reported record third-quarter revenue of TWD 1.49 trillion, exceeding both analyst forecasts and the company's own guidance.

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Money

Nike Faces Revenue Decline Despite Profit Beat

Nike exceeded profit forecasts in the first fiscal quarter, yet revenue fell to $11.2 billion, prompting a restructuring plan to save $2.5 billion by 2031.

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Money

Major Banks Dismiss S&P 500 Bubble Fears

Goldman Sachs and Deutsche Bank maintain a positive outlook for the S&P 500, citing strong earnings growth and continued AI-driven investment.

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Money

Goldman Sachs Signals Rising Costs for Q3

Goldman Sachs CEO David Solomon warned investors of a $500 million rise in non-compensation expenses for the third quarter, citing mixed trading performance.

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