Gold firms above $2,000 as Fed anxiety, bank rout boost safe havens
Gold prices moved little in early Asian trade on Wednesday, but were underpinned by increased safe haven demand amid renewed…
Tesla resumes US orders for Model 3 long-range version at lower price
Tesla (NASDAQ:TSLA) Inc has resumed taking orders for its Model 3 long-range version in the United States, the company’s website…
Lufthansa sees earnings boost from strong summer travel
(Reuters) – German airline group Deutsche Lufthansa (ETR:LHAG) said it expected strong demand for holiday travel this summer to fill…
Porsche sees 25% operating profit jump in Q1 on record deliveries
(Reuters) – Luxury carmaker Porsche’s return on sales in the first quarter was on par with last year’s at 18.2%,…
Aston Martin sticks to 2023 outlook after smaller Q1 pretax loss
(Reuters) – British luxury carmaker Aston Martin Lagonda on Wednesday reported a narrower quarterly pretax loss and maintained its 2023…
IBM chief flags hiring pause as group eyes AI strategy
International Business Machines (NYSE:IBM) plans to pause hiring for jobs that the more than century-old U.S. company believes could soon be…
Crude oil lower on global demand worries; API inventories due
Oil prices drifted lower Tuesday, continuing the previous session’s losses on fears of a global economic slowdown hitting demand for…
Samsung Profits Reach Nearly 15-Year Low As Demand for Chips Weakens
South Korean tech giant Samsung has released its Q1 report, which wasn’t exactly what investors were hoping for. The company…
DJI: Dow Jones Dragged Lower by First Republic Collapse. Axon Takes Its Place in the S&P 500
Thankfully, JPMorgan came in and seized the embattled regional lender. The Dow Jones Industrial Average wobbled throughout Monday’s session and ultimately…
SBUX: Starbucks to Whip Up a Flavorful Q1 Earnings Concoction
Analysts expect the popular coffee chain giant to post an 8.5% year-over-year increase in earnings to 64 cents a share.…