Volvo Cars sees no need to cut prices as demand is healthy
(Reuters) – Sweden-based automaker Volvo Cars reaffirmed its outlook on Thursday and said it saw no point in cutting prices…
Bosch buys US semiconductor foundry to expand EV chip output
(Reuters) – Germany’s Bosch Group has agreed to buy key assets of California chip manufacturer TSI Semiconductors and invest $1.5…
Thermo Fisher Scientific shares slide following YoY revenue decline in Q1
Shares of Thermo Fisher Scientific (NYSE:TMO) are down a further 4% premarket Wednesday after reporting a 9% year-on-year revenue decline.…
Hilton raises full-year guidance after Q1 outperformance
Hilton Worldwide (NYSE:HLT) shares are trading higher in premarket Wednesday after the hotel chain operator raised its full-year profit forecast. For…
Boeing plans 737 MAX ramp-up, backs cash-flow goal
(Reuters) – Boeing Co said on Wednesday that it planned to ramp up production of its 737 MAX jets to…
Insurer Humana lifts profit view as medical costs drop in govt plans
(Reuters) – Humana Inc raised its annual adjusted profit forecast on Wednesday after lower medical costs in the firm’s government-backed…
EUR/USD: Bear Pressure Mounts on Dollar amid Uncertain Market Conditions
The Fed’s slowdown in the rate hike campaign coupled with a global pushback on the dollar is dragging the currency…
GOOGL: Alphabet to Buy Back $70bn in Stock as Revenue Drops
The tech powerhouse is all about cost control and aggressive AI bets to jump-start falling revenue growth. Google parent Alphabet reported earnings that…
Nasdaq futures up 125 pts; Microsoft earnings impress ahead of Meta release
U.S. stocks are seen opening in a mixed fashion Tuesday, with the tech-heavy Nasdaq outperforming following the positive quarterly earnings…
Canada’s Rogers misses quarterly revenue estimates on cable weakness
(Reuters) – Rogers Communications Inc missed Wall Street estimates for first-quarter revenue on Wednesday, hit by weakness in its cable…