Johnson & Johnson updates its FY guidance following Kenvue separation

Johnson & Johnson (NYSE:JNJ) has made updates to its financials and 2023 guidance after the completion of the Kenvue (NYSE:KVUE)…

HP delivers softer annual guidance as Q3 revenue falls short of estimates; analysts disappointed

HP reported fiscal third-quarter revenue that fell short of Wall Street estimates and weaker-than-expected annual earnings guidance amid a weaker…

Meta pins pro-China influence campaign on Chinese law enforcement

(Reuters) – Facebook parent company Meta said on Tuesday it had uncovered links between people associated with Chinese law enforcement…

Citi expects $100-$200 price increases for Apple’s iPhone 15 Pro models

Apple (NASDAQ:AAPL) has announced that its much-anticipated special event will take place on September 12. The “Wonderlust” event will take…

Chinese banks ICBC, BOC post sluggish profit growth

(Reuters) -Two of China’s biggest banks on Wednesday posted sluggish profit growth and shrinking profit margins for the first half…

US SEC accuses Citigroup of record-keeping violations related to underwriting expenses

(Reuters) – The U.S. Securities and Exchange Commission on Tuesday issued a cease-and-desist order against Citigroup (NYSE:C) Global Markets Inc…

Toyota to restart Japan production on Wednesday after system failure

(Reuters) – Toyota Motor will restart operations at its assembly plants in Japan on Wednesday, after a production system malfunction…

Disney diplomacy: US commerce secretary visits China theme park

(Reuters) – U.S. Commerce Secretary Gina Raimondo visited Shanghai Disneyland and a Boeing (NYSE:BA) facility in China Wednesday, touting two…

Australia stocks higher at close of trade; S&P/ASX 200 up 1.21%

Australia stocks were higher after the close on Wednesday, as gains in the Industrials, Gold and Healthcare sectors led shares…

Analysis-Funds punished for owning too few Nvidia shares after stunning 230% rally

(Reuters) – Nvidia (NASDAQ:NVDA) Corp’s soaring rally has thrilled investors this year – except for the sizeable number of fund…