 | | | | More U.S. workers bought shares in their companies through employee stock purchase plans during the COVID-19 pandemic, according to a study from Rutgers University. | | | | | | Square Inc reported a nearly 60% rise in third-quarter gross profit on Thursday, fueled by a jump in bitcoin transactions on its peer-to-peer payment service Cash App. | | | | | | Occidental Petroleum Corp more than doubled its profit to $836 million in the third quarter, compared with the previous three months, the company said in a filing. | | | | | | The S&P 500 and Nasdaq rose on Thursday, extending their streaks of record high closes to six sessions, as chipmaker stocks surged following Qualcomm's strong financial forecast and investors digested the Federal Reserve's decision to start reducing its monthly bond purchases. | | | | | | American International Group Inc exceeded market estimates for quarterly profit on Thursday as its general insurance business faced fewer natural catastrophe and COVID-19 pandemic-related claims. | | | | | | Peloton Interactive Inc on Thursday cut its full-year forecast by at least $600 million, saying demand for its exercise bikes and treadmills was slowing faster than expected as people return to pre-pandemic habits. | | | | | | Vaccine developer Novavax Inc said on Thursday it has completed the submission process for emergency use listing of its COVID-19 vaccine candidate with the World Health Organization. | | | | | | Uber Technologies Inc on Thursday reported its first profitable quarter on an adjusted basis since it launched more than a decade ago with its two most important segments, ride-hailing and restaurant delivery, both turning the corner. | | | | | | Pinterest Inc forecast fourth-quarter revenue growth in the high-teens percentage range, after online retailers splurging on ads before the holiday season helped the image-sharing company beat quarterly estimates. | | | | | | Airbnb Inc's quarterly revenue topped Wall Street expectations and the short-term home rental company said on Thursday a rebound in global travel amid rising vaccination rates in the last three months of the year would drive growth in 2022. | | | | | |
