Check out the companies making headlines in midday trading. Advanced Micro Devices — The stock added 9.7% after the chipmaker beat analysts’ expectations for its third-quarter earnings . The company also offered positive 2024 guidance for artificial intelligence GPU revenue. Generac — The generator builder popped 14.5% after topping Wall Street’s…

British oil giant Shell on Thursday reported $6.2 billion profit for the third quarter, roughly in line with estimates, as the company benefited from higher oil prices and refining margins. Analysts expected adjusted earnings of $6.48 billion, according to an LSEG-compiled consensus. Profit was higher than the $5.1 billion of the…

When I last wrote about Reviva Pharmaceuticals Holdings (NASDAQ:RVPH) in September, I rated it a buy ahead of upcoming results from the phase 3 RECOVER study of its antipsychotic brilaroxazine in schizophrenia. This article takes a look at the results from RECOVER-1, announced on October 30, and what lies ahead…

The House of Representatives on Wednesday overwhelmingly voted down a bid to expel embattled Republican Rep. George Santos of New York over his campaign lies and criminal charges.The resolution to expel Santos from Congress, which was put forward by a group of his fellow New York Republicans, failed in a 179-213…

DoubleLine Capital CEO Jeffrey Gundlach believes interest rates are about to trend lower as the economy deteriorates further and tips into a recession next year.”I do think rates are going to fall as we move into a recession in the first part of next year,” Gundlach said Wednesday on CNBC’s “Closing Bell.”The…

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Market Movers rounded up the latest reactions to Advanced Micro Devices from investors and analysts. The pros, including Jim Cramer , discussed the chipmaker after it reported third-quarter results that beat on both earnings and revenue. After market close Tuesday, AMD reported adjusted earnings of 70 cents per share on…

Delta Air Lines is cutting some corporate jobs in an effort to cut costs as the industry grapples with higher expenses such as for fuel and labor.”While we’re not yet back to full capacity, now is the time to make adjustments to programs, budgets and organizational structures across Delta to…

This article was written bySeeking Alpha’s transcripts team is responsible for the development of all of our transcript-related projects. We currently publish thousands of quarterly earnings calls per quarter on our site and are continuing to grow and expand our coverage. The purpose of this profile is to allow us…

The U.K. government said Wednesday that it will invest £225 million, or $273 million, into an artificial intelligence supercomputer, highlighting the country’s ambition to lead in the technology as it races to catch up to the U.S. and China.The University of Bristol will build the supercomputer, called Isambard-AI after the…