Meta ordered to pay $25 billion penalty over the Cambridge Analytica case
Business Insider· 2026-10-22 02:11
"Facebook's wrongdoing—over the course of years and systematically broadcast to the public—goes to the heart of Facebook's core business practices," Judge Francis J. Mathew wrote in the ruling. "It relates to the way in which Facebook induces people onto the platform and ultimately keeps them there." A judge in New Mexico ordered Meta to pay $25 billion for misleading users about how it handled their data and for failing to prevent misinformation on Facebook. The ruling could be the largest penalty in Meta' ...
What's Next for Endava plc Shareholders After 24.37% Stock Drop? Glancy Prongay Wolke & Rotter LLP Explains Securities Fraud Class Action Lead Plaintiff Deadline
Prnewswire· 2026-10-22 02:10
What's Next for Endava plc Shareholders After 24.37% Stock Drop? Glancy Prongay Wolke & Rotter LLP Explains Securities Fraud Class Action Lead Plaintiff Deadline What's Next for Endava plc Shareholders After 24.37% Stock Drop? Glancy Prongay Wolke & Rotter LLP Explains Securities Fraud Class Action Lead Plaintiff Deadline Glancy Prongay Wolke & Rotter LLP Oct 21, 2026, 14:10 ET Complaint alleges Endava plc misled investors between September 4, 2025 and September 21, 2026; investors may seek lead plaintiff r ...
TeraWulf Jumps 8% as CEO Says Power Demand Remains ‘Extremely Strong'; Applied Digital Surges 9%, IREN Climbs 6%
247Wallst· 2026-10-22 02:09
TeraWulf Jumps 8% as CEO Says Power Demand Remains 'Extremely Strong'; Applied Digital Surges 9%, IREN Climbs 6% - 24/7 Wall St. TeraWulf Jumps 8% as CEO Says Power Demand Remains 'Extremely Strong'; Applied Digital Surges 9%, IREN Climbs 6% One CEO's late-night post about power scarcity sent a cluster of AI data center stocks surging well past the broader market, and the comments came with a no-dilution pledge that cuts straight to the biggest fear haunting capital-hungry infrastructure builders. By David ...
Conference on Zhu Xi's Philosophy and Dialogue of Global Civilisation (Fifth Kaoting Forum) opens in Nanping
Globenewswire· 2026-10-22 02:06
Organising Committee of the Conference on Zhu Xi's Philosophy and Dialogue of Global Civilisation NANPING, China, Oct. 22, 2026 (GLOBE NEWSWIRE) -- The Conference on Zhu Xi's Philosophy and Dialogue of Global Civilisation, known as the fifth Kaoting Forum was held on October 17 in Nanping, Fujian Province. Jointly organised by the Chinese Academy of Social Sciences, the International Confucian Association and the People's Government of Fujian Province, the event was themed "Comprehending Principle, Honoring ...
What Old National Bancorp (ONB) Said on Its Q3 Earnings Call
MarketBeat· 2026-10-22 02:05
Get Old National Bancorp alerts: The bank reported return on assets of 1.37% and return on tangible common equity of 19.6%. Its adjusted efficiency ratio fell to a record-low 44.9%, while adjusted noninterest expense declined from the preceding quarter to $355 million. Deposits Rise as Loan Growth Remains Disciplined Old National Bancorp NASDAQ: ONB reported record third-quarter earnings, supported by deposit growth, commercial lending activity, expense controls and stable credit quality. The company posted ...
What United Airlines (UAL) Said on Its Q3 Earnings Call
MarketBeat· 2026-10-22 02:05
United Airlines NASDAQ: UAL said third-quarter revenue rose 17.4% year over year to a record $17.9 billion, as the carrier raised fares amid higher fuel costs and continued to gain share in its hub markets. The airline posted third-quarter adjusted earnings per share of $2.54 and a 6.2% pre-tax margin, within its prior guidance range. Fuel prices accelerated during the quarter, increasing expenses by $1.8 billion from a year earlier, according to Executive Vice President and Chief Financial Officer Mike Les ...
Alaska Air Group Q3 Earnings Call Highlights
MarketBeat· 2026-10-22 02:05
Alaska Air Group NYSE: ALK reported a third-quarter GAAP net loss of $147 million, or $1.32 per share, as elevated fuel costs weighed on profitability despite higher revenue and improving unit-revenue trends. Excluding special items and the impact of a revised tax rate, the company reported adjusted net income of $40 million, or $0.36 per share. Total revenue rose 14% year over year to $4.3 billion, while capacity increased 2.4%. Unit revenue increased nearly 12%, supported by a 13.4% increase in yield. Get ...
America Movil Q3 Earnings Call Highlights
MarketBeat· 2026-10-22 02:05
America Movil NYSE: AMX reported third-quarter revenue of MXN 251 billion, up 7.6% from a year earlier, as growth in mobile postpaid and fixed broadband services helped offset prepaid subscriber disconnections tied largely to customer-base cleanups in Mexico and Colombia. EBITDA reached a 40.8% margin, improving by 0.5 percentage points year over year. At constant exchange rates, service revenue rose 5.3% and EBITDA increased 6.7%, according to CFO Carlos García Moreno. Mobile service revenue increased 6.3% ...
Six Flags Entertainment Sinks 10%, United Parks & Resorts Drops 5%: Is the Goliath Accident Still Weighing on Theme Parks?
247Wallst· 2026-10-22 02:05
Six Flags Sinks 10%, United Parks & Resorts Drops 5%: Is the Goliath Accident Still Weighing on Theme Park Stocks? - 24/7 Wall St. Six Flags Sinks 10%, United Parks & Resorts Drops 5%: Is the Goliath Accident Still Weighing on Theme Park Stocks? A fatal roller coaster accident cast a shadow over one theme park operator, but now a second company with no connection to the ride is getting pulled down alongside it, raising questions about how far the damage spreads through the… By David Moadel Published October ...
Equity Lifestyle Properties Q3 Earnings Call Highlights
MarketBeat· 2026-10-22 02:04
Equity Lifestyle Properties NYSE: ELS reported third-quarter normalized funds from operations of $0.79 per share, in line with its guidance, as growth in manufactured housing occupancy, annual RV stays and membership revenue supported operating results. Chief Executive Officer Marguerite Nader said normalized FFO increased 4.6% from a year earlier. The company recorded 6.7% growth in core net operating income before property management during the quarter, supported by revenue growth that outpaced a modest r ...