📈 Stocks / Finance

Amazon stock jumps after Q3 earnings beat expectations

Yahoo Finance

Amazon's Q3 earnings beat analyst expectations with $1.43 EPS and $158.9B revenue, lifting shares by 5% after hours. Q4 revenue guidance ranged from $181.5B to $188.5B, slightly above consensus. Operating margin of 11% outpaced estimates, supported by e-commerce and ad levers amid rising AI investments.

LegalZoom Earnings Report Set for November 6

MarketBeat

LegalZoom.com (LZ) will release Q3 earnings data on November 6, with analysts expecting $0.16 EPS. In the previous quarter, LegalZoom reported $0.10 EPS, surpassing the estimate of $0.09. Current share price stands at $7.24, and analyst ratings are mixed, with a consensus of 'Hold'.

Stock Market Hints at Harris Victory

Politico

The S&P 500 index's 10% rise since August suggests a win for Kamala Harris, based on its historical accuracy in predicting incumbent party success. Some, however, doubt its reliability, with Wall Street sentiment split and many still betting on a Trump comeback.

🪙 Crypto

Coinbase earnings show a shift from speculation to payments

PYMNTS

Coinbase's Q3 earnings reveal declining crypto trading volumes and missed estimates, but stablecoin revenue grew 2.6% QoQ. The company aims to transform fintechs into crypto companies, focusing on payments and deeper USDC integration to drive growth amid low market volatility.

🌎 Global Economy

Chinese Consumer Spending Lag Affects Global Growth

VOA

China's low consumer spending and property crisis are dampening its economic growth, with GDP projected to fall short of targets. U.S. Treasury Secretary Yellen criticized China's limited consumer stimulus efforts, and experts warn that stagnant spending could amplify global recession risks.

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