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…
AMC sees ‘explosive start’ to third quarter on ‘Barbenheimer’ frenzy
(Reuters) – Movie theater chain AMC Entertainment (NYSE:AMC) Holdings said the current quarter was off to a strong start driven…
Barrick beats quarterly profit estimates on higher gold prices
(Reuters) – Barrick Gold Corp beat analysts’ expectations for second-quarter profit on Tuesday, as the Canadian gold miner benefited from…
Duke Energy earnings missed by $0.13, revenue topped estimates
Duke Energy (NYSE: DUK) reported second quarter EPS of $0.91, $0.13 worse than the analyst estimate of $1.04. Revenue for…
Dow futures retreat; corporate earnings still in spotlight
U.S. stock futures weakened Tuesday, handing back some of the previous session’s strong gains as investors awaited the release of…
SoftBank reports mixed quarter, says ‘timidly’ restarting investment
(Reuters) – Japan’s SoftBank Group posted a surprise loss but said it was dipping its toes back into new investments…
Carlyle Group stake buy values Quest Global at $2 billion, sources say
(Reuters) -U.S. private equity firm Carlyle Group (NASDAQ:CG) has agreed to purchase a minority stake in Quest Global Services that…
Meta Platforms seeks to stop privacy breach fine in Norway -court filing
(Reuters) – Meta Platforms is asking a court in Norway to stop a fine the Nordic country’s data regulator imposed…
German airport operator Fraport sees earnings boost on high travel demand
(Reuters) -Frankfurt Airport operator Fraport on Tuesday said its 2023 core profit would hit the upper half of its forecast…
Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.70%
Saudi Arabia stocks were lower after the close on Monday, as losses in the Hotels & Tourism, Media & Publishing…