DJI: Bank Fears Weigh on Dow Jones, Big Tech Charges Ahead
It was a nuanced day on Wall Street as major indexes split directions, led by a mixed market sentiment. The…
BTC/USD: Fresh Concerns for Banking Sector Sends BTC Back Over $30,000
Bitcoin bulls seem to be feeling more confident, after BTC managed to surpass the $30,000 mark again yesterday. Since yesterday…
MSFT: Microsoft Smashes Through Q3 Expectations, Believes AI Will Drive Growth
Microsoft has released its Q3 report, which was positive enough to cause a 7% increase in its share price yesterday.…
Lufthansa says hopeful of finalising ITA deal in days
(Reuters) – Lufthansa is hopeful of finalising the partial takeover of Italy’s state-owned ITA Airways within days, an executive at…
Sony expects profit to slip despite record PlayStation 5 sales
(Reuters) – Sony Group Corp on Friday said PlayStation 5 sales will jump by six million units this business year,…
Mercedes-Benz more upbeat on signs US, China picking up
(Reuters) – Mercedes-Benz struck a slightly more optimistic tone alongside its first quarter results on Friday, saying demand in China…
Crocs shares slide despite earnings beat
Footwear company Crocs (NASDAQ:CROX) dropped in premarket trading Thursday despite the company’s profit and revenue coming in above expectations. Crocs shares are…
Eli Lilly raises annual profit forecast on strength of diabetes drug
(Reuters) – Eli Lilly and Co on Thursday raised its annual revenue and profit forecasts after topping first-quarter sales estimates…
Comcast beats revenue estimates as Wall St awaits update on NBCUniversal head
(Reuters) -Comcast Corp’s quarterly revenue edged past estimates on Thursday, helped by sustained demand for its broadband services and higher…
Bristol Myers posts lower Q1 sales as Revlimid falls
(Reuters) – Drugmaker Bristol Myers (NYSE:BMY) Squibb on Thursday said its first-quarter sales fell from last year, hurt by generic…