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Mattel posts strong Q3 results, boosted by 'Barbie' mania
Mattel posts strong Q3 results, boosted by 'Barbie' mania
by  AFP

American toy maker Mattel revised its annual earnings forecast after its third quarter results beat analysts' expectations, riding on the success of the "Barbie" blockbuster. He added: "Our results benefited from the success of the Barbie movie, which became a global cultural phenomenon, and marked a key milestone for Mattel."

Meta quarterly profit more than doubles
Meta quarterly profit more than doubles
by  AFP

Meta on Wednesday reported that its quarterly profit more than doubled from last year's figure to $11.6 billion as ad revenue climbed. The tech firm behind Facebook, Instagram and WhatsApp said revenue also grew 23 percent to $34 billion when compared to the same period a year earlier.

US new home sales hit highest rate in over a year
US new home sales hit highest rate in over a year
by  AFP

Sales of new US homes picked up more than anticipated in September, government data showed Wednesday, with the tight supply of real estate pushing more buyers into the market for new properties. Last month, sales of existing homes, which form the majority in the market, hit the lowest rate in 13 years, according to industry data.

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