GM Beats Expectations as Costs, an EV Retreat and a Flat Outlook Hit Its Stock
General Motors reported third-quarter results on Oct. 20 that beat market expectations, but its shares fell 6.8 percent. Investors weighed the costs…
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Streets Quiet Under Curfews but France’s Anger Has Not Cooled
The French government has extended partial curfews in major cities after weekend riots and will deploy large police forces for new protests…
Kospi Rallies 3.3 Percent a Day After a Steep Fall as Chip Giants Still Lead
The Kospi closed Wednesday at 5,735.66, up 182.92 points, or 3.29 percent, from the previous day. According to the Korea Exchange, the…
Earnings Are Carrying the Market and the AI Test Starts Tonight
Third-quarter earnings season is at its midpoint, and the report cards so far are better than expected. According to LSEG, about 13…
Seoul and Washington Read the Same Commander in Opposite Ways
Remarks by Gen. Xavier Brunson, the commander of U.S. Forces Korea, at a seminar hosted by the Gold Institute for International Strategy…
SpaceX Posts First Profit Since IPO as Tesla Merger Review Goes Public
SpaceX reported third-quarter revenue of $14.58 billion after the close on Tuesday, up 161% from a year earlier and well above the…
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Netflix Beats Q3 Profit Forecasts but Cuts Ad Target as Shares Slide
Netflix reported third-quarter results after the close on Tuesday that beat profit expectations. Earnings per share came in at 87 cents, above…
AI Data Center Building Is Set to Double Even as Credit Markets Flash Warnings
The AI data center building boom is set to double next year. Research firm SemiAnalysis expects annual additions to data center IT…
South Korea Merges Space and Defense Ambitions After Fifth Nuri Launch
South Korean President Lee Jae-myung has ordered a sharp expansion of investment in rockets and satellites, arguing that both have become core…
Hybrids Surge as Gas Prices Climb and EV Tax Credits End
Hybrids made up 16 of every 100 new cars sold in the United States in the third quarter, a record share, according…
Min Jin Lee Returns After Nine Years With American Hagwon, a Novel That Questions Faith in Education
Min Jin Lee, the author of Pachinko, has published her first novel in nine years. “American Hagwon,” a 656-page novel released Sept.…
GM Reports Tuesday With Truck Profits in the Spotlight
General Motors reports third-quarter results Tuesday before the market opens. Analysts expect earnings of $3.52 to $3.55 a share on revenue of…
Comcast Reports Thursday With Broadband Losses in Focus
Philadelphia-based Comcast reports third-quarter results Thursday before the market opens. Analysts expect earnings of 98 cents a share on revenue of $29.35…
China’s Third-Quarter Growth Beats Forecasts at 4.5 Percent as Domestic Demand Lags
China's economy grew 4.5 percent in the third quarter from a year earlier, the National Bureau of Statistics said Monday, beating the…
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