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…
Visa delivers FQ2 beat on strength in International business; analysts positive
Visa (NYSE:V) shares are up about 1% in pre-market Wednesday, following the company’s reported Q2 results, with EPS of $2.09 coming…
Tech CEOs wax poetic on AI, big adds to sales will take time
(Reuters) -Microsoft Corp and Google-parent Alphabet (NASDAQ:GOOGL) Inc talked up investments in artificial intelligence (AI) for the second quarter in…
Chipotle Mexican Grill shares surge 7% on Q1 beat; analysts bulled-up
Chipotle Mexican Grill (NYSE:CMG) shares are moving higher in premarket Wednesday following the company’s reported Q1 results, with EPS of $10.50…
Oil rises as falling US inventories refocus market on demand
(Reuters) -Oil rose on Wednesday after plunging more than 2% in the previous session as reports of falling U.S. crude oil and…
Swedish crown softens after market sees Riksbank dovishness, euro rebounds
(Reuters) – The Swedish crown softened on Wednesday after the country’s central bank was less hawkish than expected, while the…
Safran posts strong sales but sees supply chain risks
(Reuters) -French aero engine maker Safran (EPA:SAF) unveiled stronger than expected quarterly revenues on Wednesday, buoyed by a swift recovery in air…
Jefferies downgrades Tesla to Hold after price cuts
Jefferies analysts downgraded Tesla (NASDAQ:TSLA) shares to Hold from Buy after the electric vehicle (EV) maker implemented several rounds of price cuts…
Japan’s Honda Motor in strategic collaboration deal with TSMC
(Reuters) -Japan’s Honda Motor Co said on Wednesday it had struck a strategic collaboration agreement with Taiwan Semiconductor Manufacturing Co…
One in five cars sold this year will be electric – IEA
(Reuters) – Electric cars are expected to make up nearly one-fifth of the global market this year, according to the…