Ballard Power Systems grapples with escalating cash burn, declining revenue
Ballard Power Systems (TSE:NASDAQ:BLDP), a company in the unprofitable sector, is facing concerns due to its increasing cash burn rate…
UK antitrust regulator to take on Big Tech with new legal power
(Reuters) – Britain’s antitrust regulator will gain legal powers to tailor rules for big tech companies, such as Meta (NASDAQ:META),…
J&J and Altria leverage robust business for high dividends amid market downturn
Despite a year of declining stock prices, Johnson & Johnson (NYSE:JNJ) and Altria Group (NYSE:NYSE:MO) continue to offer high-yield dividends…
Uber bets on holiday travel demand to forecast strong fourth quarter
(Reuters) – Uber Technologies (NYSE:UBER) forecast fourth-quarter gross bookings and adjusted core profit above market expectations on Tuesday, betting that…
Dollar gains, Aussie slides after RBA hikes but tempers hawkish view
(Reuters) – The dollar advanced on Tuesday as last week’s rally in riskier currencies took a breather, while the Aussie…
OPEC+ sees healthy growing global economy, despite inflation
(Reuters) – The Organization of the Petroleum Exporting Countries and allies (OPEC+) sees a healthy global economy growing, despite the…
Oil prices at 2-1/2 month lows as China data offset supply cuts
(Reuters) – Oil prices hit fresh 2-1/2-month lows on Tuesday as mixed economic data from China offset the impact of…
Embraer Q3 earnings beat estimates while revenues fall short
Embraer S.A. reported a stronger-than-expected adjusted income for Q3 2023 on Tuesday, surpassing the consensus estimate by 28.6%. However, the…
Dow futures edge lower; Fed speakers, corporate earnings in spotlight
U.S. stock futures traded lower Tuesday, pulling back after recent gains as optimism over a potential peak in interest rates…
Motorola Solutions expands TETRA network in Poland with Tauron partnership
Motorola Solutions (NYSE:MSI) is embarking on a strategic project to expand its Terrestrial Trunked Radio (TETRA) network across Poland, in…