Earnings call: Wells Fargo reports Q3 2023 financial improvement, anticipates regulatory changes

Wells Fargo’s CEO, Charlie Scharf, announced during the company’s third-quarter 2023 earnings conference call that the firm has seen an…

Earnings call: Oil-Dri Corporation of America reports record sales and earnings for fiscal year 2023

Oil-Dri Corporation of America reported a record-breaking performance in its fiscal year 2023, with substantial increases in sales and earnings.…

UAW strike could upend GM, Ford financial strategies

(Reuters) – General Motors (NYSE:GM) and Ford (NYSE:F) have laid out ambitious plans to spend billions developing new electric vehicles…

Novo Nordisk in $1.3 billion deal to buy hypertension drug

(Reuters) – Novo Nordisk (NYSE:NVO) has agreed to buy ocedurenone, a drug for uncontrolled hypertension with potential application in cardiovascular…

Chip stocks fall as U.S. prepares to strengthen export restrictions on China

U.S. chip stocks like Nvidia (NASDAQ:NVDA), and Advanced Micro Devices (NASDAQ:AMD), among others, are trading lower early Monday following a…

Apple stock falls on reports Huawei gaining bigger-than-expected market share in China

Apple’s (NASDAQ:AAPL) new iPhone 15 is facing challenges in the Chinese market, with sales lagging behind its predecessor – the…

Pfizer drops after cutting guidance; reset event prompts Jefferies to upgrade stock to Buy

Pfizer Inc (NYSE:PFE) shares lost more than 3% in premarket trading after the healthcare giant revised its revenue and earnings…

Chevron LNG workers in Australia reaffirm strike plans

(Reuters) – Workers at Chevron (NYSE:CVX)’s two liquefied natural gas (LNG) plants in Australia reaffirmed their plan to resume strikes…

Earnings call: Infosys Reports Strong Q2 FY24 Performance; Revises Revenue Growth Guidance

Infosys Limited (NSE: NS:INFY) reported robust performance for the second quarter of FY24, with a sequential growth of 2.3% and…

Dow futures tick higher; earnings season comes into focus

U.S. stock futures edged higher Monday at the start of a busy week for corporate earnings, while geopolitical tensions remain…