Samsung Profits Reach Nearly 15-Year Low As Demand for Chips Weakens
South Korean tech giant Samsung has released its Q1 report, which wasn’t exactly what investors were hoping for. The company…
DJI: Dow Jones Dragged Lower by First Republic Collapse. Axon Takes Its Place in the S&P 500
Thankfully, JPMorgan came in and seized the embattled regional lender. The Dow Jones Industrial Average wobbled throughout Monday’s session and ultimately…
SBUX: Starbucks to Whip Up a Flavorful Q1 Earnings Concoction
Analysts expect the popular coffee chain giant to post an 8.5% year-over-year increase in earnings to 64 cents a share.…
Marriott raises full-year profit forecast on strong travel demand
(Reuters) – Marriott International Inc raised its full-year adjusted profit forecast on Tuesday, as the U.S. hotel operator benefits from…
Restaurant Brands beats quarterly estimates on higher pricing, traffic
(Reuters) – Restaurant Brands International Inc beat Wall Street estimates for first-quarter revenue and profit on Tuesday, boosted by higher…
Uber confident on profit as ride-sharing makes strong start to 2023
(Reuters) – Uber Technologies (NYSE:UBER) Inc forecast quarterly core earnings above estimates on Tuesday, after a surge in demand for…
Emirates boss forecasts resilient demand, no hit from new airlines
(Reuters) – Emirates Airline President Tim Clark said on Tuesday that new Saudi airlines and the expansion of regional competitors…
Marathon Petroleum posts bumper profit on high demand, tight supply
(Reuters) – Marathon Petroleum Corp (NYSE:MPC) posted a bumper profit on Tuesday, benefiting from higher margins on sustained fuel demand…
Tesla raises prices in US, China, Japan and Canada
(Reuters) -Tesla Inc has raised prices in a range of up to $290 in Canada, China, Japan and the United…
HSBC soothes shareholders with restored dividend as profit triples
(Reuters) – HSBC Holdings’ profit tripled in the first quarter, beating expectations, as rising interest rates boosted its income and…