Monday, November 13, 2023

Didi reports Q3 revenue up 25% YoY to ~$7B, a ~$14.7M net income, up from a ~$274M loss in Q3 2022, and plans to buy back $1B in shares over the next 24 months (Reuters)

Reuters:
Didi reports Q3 revenue up 25% YoY to ~$7B, a ~$14.7M net income, up from a ~$274M loss in Q3 2022, and plans to buy back $1B in shares over the next 24 months  —  Didi Global, China's largest ride-hailing company, on Monday reported its first quarterly profit since 2021 …



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IBM stock fell 25%+ on Tuesday, sinking further than its previous worst day of October 19, 1987, after reporting preliminary Q2 results below estimates (CNBC)

CNBC : IBM stock fell 25%+ on Tuesday, sinking further than its previous worst day of October 19, 1987, after reporting preliminary Q2 re...