By Lananh Nguyen and Manya Saini (Reuters) -Jefferies’ first-quarter profit missed Wall Street estimates on Wednesday as bond trading weakened and stock market deals were stalled due to uncertainty sparked by shifting U.S. trade policy and geopolitical turmoil. The results offer investors an early glimpse at how Wall Street’s investment banking units may fare in…
SoundHound AI SOUN incurred a third-quarter 2024 loss of 6 cents per share, down from the year-ago quarter’s loss of 9 cents per share. The figure beat the Zacks Consensus Estimate by 25%. Revenues increased 89% year over year to $25.1 million, beating the Zacks Consensus Estimate by 5.96%. This growth was driven by the…
General Motors Continues To Defy Expectations Thanks To Pickups And U.S. Demand On Tuesday, General Motors (NYSE: GM) easily surpassed Wall Street’s third-quarter expectations, raising its key guidance target for the full year fueled by the strength of its North America operations. Third Quarter Highlights For the quarter ended on September 30th, General Motors reported…