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Sudi Aramco on Tuesday reported a 23% fall in third quarter net profit, marginally beating analyst s estimates, on lower crude oil prices and volumes sold. ....
Germany s largest lender was slightly more optimistic on its revenue outlook for the full year. It also promised more share buybacks next year and said it may return more capital to shareholders than it had previously forecast. ....
Spotify surprised investors with its first quarterly profit in a year and a half, leading to a 10% increase in its stock value. The music streaming giant reported a profit of €65 million ($68.9 million) for the third quarter, thanks to a reduction in marketing expenses and personnel costs. Additionally, Spotify exceeded expectations in key metrics such as earnings per share, revenue, and premium subscribers. ....
The world s largest memory chip and smartphone maker estimated its operating profit fell to 2.4 trillion won ($1.79 billion) in July-September, from 10.85 trillion won a year earlier in a short preliminary earnings statement. ....