Mastercard beats profit estimates on spending boost
(Reuters) -Mastercard on Thursday reported a bigger-than-expected rise in second-quarter profit, boosted by resilient spending in a turbulent economy. Unfazed…
Meta rallies as AI-powered ad sales drive ‘monster’ forecast
(Reuters) – Meta shares surged nearly 8% on Thursday as a rosy revenue forecast showed that artificial intelligence was helping…
Dollar edges lower, continuing the Fed-inspired weakness
The U.S. dollar edged lower in early European trade Thursday, adding to the previous session’s losses in the wake of…
Crude oil higher; U.S. GDP suggests resilient economy
Crude oil prices rose Thursday, boosted by signs of resilient economic activity in the U.S. as well as expectations of…
Cellnex’s first-half loss widens, revenues grow 18.4%
(Reuters) -Spain’s Cellnex posted on Thursday a first-half net loss of 193 million euros ($215 million), 14% wider than a…
Building materials supplier Martin Marietta raises 2023 core earnings forecast
(Reuters) – Martin Marietta Materials (NYSE:MLM) beat quarterly profit estimates and raised its full-year adjusted core earnings forecast on Thursday,…
Sony PlayStation 5 console sales pass 40 million
(Reuters) – Sony (NYSE:SONY) Group Corp has sold more than 40 million PlayStation 5 consoles, its gaming division said on…
McDonald’s beats sales estimates as cheaper burgers draw consumers
(Reuters) – McDonald’s beat market expectations for quarterly comparable sales on Thursday, as the restaurant chain’s relatively cheaper burgers and…
Bristol Myers sales fall, cuts 2023 forecast as drugs face competition
(Reuters) – Drugmaker Bristol Myers (NYSE:BMY) Squibb said on Thursday its second-quarter sales fell more than expected and cut its…
Comcast beats revenue estimates on boost from theme parks, studios
(Reuters) – Comcast Corp (NASDAQ:CMCSA)’s quarterly revenue beat estimates on Thursday, helped by higher theme park attendance and the successful…