Dow futures edge higher, Nvidia warns of slowing Chinese sales
U.S. stock futures traded marginally higher Wednesday, rebounding after relatively hawkish minutes from the Federal Reserve and a warning from…
Factbox-Global economy to slow down but likely avoid recession in 2024
(Reuters) -Some of the major banks in the world expect global economic growth to ease further in 2024, squeezed by…
Autodesk stock drops 6% on soft guidance, analyst downgrade
Autodesk (NASDAQ:ADSK) shares fell nearly 6% in pre-market Wednesday following the reported Q3 results, with EPS of $2.07 coming in…
Earnings call: Nordstrom posts Q3 2023 earnings, focuses on Rack performance and supply chain
Nordstrom Inc . (NYSE:JWN) reported Q3 2023 earnings, highlighting improved performance of Nordstrom Rack, better inventory management, and optimized supply…
Earnings call: Hibbett’s Q3 earnings highlight strong Back-to-School season and new Nike partnership
Sporting goods retailer Hibbett (NASDAQ:HIBB) reported solid financial and operational performance in its Q3 earnings call, buoyed by a strong…
Fitch cuts Swedish SBB rating over tight liquidity, weak market
(Reuters) – Fitch on Wednesday downgraded Swedish property company SBB’s long-term issuer default rating to CCC+ from B-, and its…
Earnings call: American Eagle Outfitters reports record Q3 revenue, raises full-year operating income guidance
American Eagle Outfitters (NYSE:AEO) reported strong performance for the third quarter of 2023, achieving record revenue of $1.3 billion, a…
Rockingdeals Circular Economy IPO aims to raise ₹21 crore on NSE Emerge
Rockingdeals Circular Economy Limited (RDCEL), a company specializing in the circular economy and headquartered in Faridabad, India, has launched its…
Alibaba exec moves to quell staff concern over Jack Ma share sale with internal post
(Reuters) – A top Alibaba (NYSE:BABA) executive told staff on Wednesday that it was a “coincidence” that a plan by…
Sam Altman restored as OpenAI CEO after his tumultuous ouster
(Reuters) – ChatGPT-maker OpenAI has reached an agreement for Sam Altman to return as CEO days after his ouster, capping…