Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Shell has announced another $3.5bn of share buybacks after its quarterly profits exceeded market expectations. Europe’s largest oil and gas company reported adjusted earnings of $6bn for the third quarter, beating average analyst estimates of … Read more
Meta Platforms, the parent company of Facebook, has issued a warning about the significant increase in expenses related to artificial intelligence infrastructure next year. Despite this, the company managed to surpass analysts’ expectations for both revenue and profit in the third quarter. The results have left investors unsure about whether the revenue generated from digital … Read more
Several companies are set to release their earnings reports next week, with some potentially standing out among the rest. Earnings season is in full swing, with 22% of S&P 500 members expected to announce their quarterly results in the coming days. According to FactSet, the majority of companies that have already reported their third-quarter earnings … Read more