Finance

South Korean Stock Market Rebounds Amid Foreign Capital Withdrawal

View financial news and market trends on East Money, choose East Money Securities for one-stop account opening and trading. Foreign capital has been continuously selling off. Today, the South Korean stock market rebounded significantly. As of the close, both the South Korean Composite Index and the KOSDAQ Index for startups rose by more than 2%. […]

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Blue Line Futures: Access Commodity Commentary and Trading Platforms

Enjoy the benefits of Blue Line Futures. Open an account and gain access to our daily commodity commentary, free desktop/mobile trading platforms, 24-hour trade desk, and more! Open an Account! Futures trading involves substantial risk of loss and may not be suitable for all investors. Therefore, carefully consider whether such trading is suitable for you

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DoorDash Partners with Lyft to Enhance Delivery and Ride-Sharing Services

DoorDash has announced a partnership with Lyft, aiming to integrate ride-sharing benefits into its delivery service offerings. This collaboration was revealed alongside DoorDash’s third-quarter financial results, which showed a 25% increase in revenue to $2.7 billion from July to September. This figure exceeded Wall Street’s expectations of $2.65 billion, as reported by analysts from FactSet.

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Meta’s Q3 Results: Strong Growth but Future Costs Loom

MetaMeta Platforms Inc. posted stronger-than-expected third-quarter results on Wednesday. This was fueled by advertising revenue growth and the push to incorporate artificial intelligence. For the three months ended on Sept. 30, the company earned $15.69 billion, or $6.03 per share, up 35% from a year earlier. Revenue rose 19% to $40.59 billion. However, the Instagram

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Stellantis Third Quarter Results: 27% Plunge in Net Revenues

Troubled carmaker Stellantis reported a 27% plunge in net revenues during the third quarter. Gaps in launching new products and inventory reduction actions led to a 20% drop in global shipments of new vehicles. The world’s fourth-largest carmaker, created by the 2021 merger of PSA Peugeot and Fiat Chrysler Automobiles, had net revenues of 33

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Reddit Achieves First Profit as a Public Company with Record Revenues and User Growth

Reddit has reported its first profit as a public entity, with a $29.9 million profit, equating to 16 cents per share, for the period ending in September. This figure exceeded the projected sales of $312.8 million by analysts, with actual sales reaching $348.4 million. The social platform also witnessed a significant surge in its daily

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