Dow futures climb; July inflation rises more slowly than expected
U.S. stock futures retained a positive tone Thursday, after data showed that U.S. annual inflation accelerated by less than expected…
Ford pushes Explorer EV launch date in Cologne
Detroit automaker, Ford Motor (NYSE:F) told workers Thursday morning that the company will be postponing the market launch of its…
Ralph Lauren slips 3% despite earnings beat
Ralph Lauren (NYSE:RL) shares fell nearly 3% in pre-market Thursday trading despite the company reporting better-than-expected results for its first…
Thyssenkrupp flags new cost cuts to regain investor confidence
(Reuters) – Thyssenkrupp (ETR:TKAG) on Thursday flagged a new cost-cutting programme to raise its performance and improve returns for shareholders,…
Illumina falls 6% after cutting full-year forecast; analysts highlight China weakness
Illumina (NASDAQ:ILMN) shares fell over 6% in pre-market trading after the company slashed its full-year forecast. The company’s adjusted earnings…
Alibaba beats quarterly revenue estimates
(Reuters) – China’s Alibaba (NYSE:BABA) Group Holding reported first-quarter revenue on Thursday that beat analysts’ estimates as consumer sentiment bounced…
Travel, luxury stocks lift European shares ahead of US inflation data
(Reuters) -European stocks rose on Thursday, with luxury and travel stocks climbing after China eased travel restrictions, while investors awaited…
Disney creates task force to explore AI and cut costs -sources
(Reuters) – Walt Disney (NYSE:DIS) has created a task force to study artificial intelligence and how it can be applied…
Coach parent Tapestry in talks to buy Michael Kors owner – WSJ
(Reuters) – Coach parent Tapestry is nearing a deal to buy Michael Kors-owner Capri Holdings (NYSE:CPRI), the Wall Street Journal…
Biotech firm Amyris files for bankruptcy in US
(Reuters) – Biotech firm Amyris (NASDAQ:AMRS) Inc on Wednesday said it has filed for Chapter 11 bankruptcy in a U.S.…