Building materials supplier Martin Marietta raises 2023 core earnings forecast
(Reuters) – Martin Marietta Materials (NYSE:MLM) beat quarterly profit estimates and raised its full-year adjusted core earnings forecast on Thursday,…
Sony PlayStation 5 console sales pass 40 million
(Reuters) – Sony (NYSE:SONY) Group Corp has sold more than 40 million PlayStation 5 consoles, its gaming division said on…
McDonald’s beats sales estimates as cheaper burgers draw consumers
(Reuters) – McDonald’s beat market expectations for quarterly comparable sales on Thursday, as the restaurant chain’s relatively cheaper burgers and…
Bristol Myers sales fall, cuts 2023 forecast as drugs face competition
(Reuters) – Drugmaker Bristol Myers (NYSE:BMY) Squibb said on Thursday its second-quarter sales fell more than expected and cut its…
Comcast beats revenue estimates on boost from theme parks, studios
(Reuters) – Comcast Corp (NASDAQ:CMCSA)’s quarterly revenue beat estimates on Thursday, helped by higher theme park attendance and the successful…
Chipotle shares fall 8% after miss on same-store sales growth; reactions mixed
Chipotle Mexican Grill Inc (NYSE:CMG) shares sank more than 8% after the company’s Q2 numbers fell short on same-store sales.…
Zara owner Inditex says it will stop buying clothes from Myanmar
(Reuters) -Zara owner Inditex (BME:ITX) is in the process of stopping purchases from Myanmar, the company told Reuters on Thursday,…
ECB to follow Fed hike, Meta surges
A look at the day ahead in U.S. and global markets from Mike Dolan With markets still betting Wednesday’s interest…
Netflix reworks Microsoft pact, lowers ad prices – WSJ
(Reuters) -Netflix is restructuring its advertising partnership with Microsoft (NASDAQ:MSFT) for its lower-priced ad-supported subscription plan and is also cutting…
Samsung to extend production cuts after $7 billion chip loss in H1
(Reuters) -Samsung Electronics on Thursday said the worst is over for the global memory chip market but announced plans to…