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…
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.…
Restaurant Brands beats quarterly estimates on higher pricing, traffic
(Reuters) – Restaurant Brands International Inc beat Wall Street estimates for first-quarter revenue and profit on Tuesday, boosted by higher…
Uber confident on profit as ride-sharing makes strong start to 2023
(Reuters) – Uber Technologies (NYSE:UBER) Inc forecast quarterly core earnings above estimates on Tuesday, after a surge in demand for…
Emirates boss forecasts resilient demand, no hit from new airlines
(Reuters) – Emirates Airline President Tim Clark said on Tuesday that new Saudi airlines and the expansion of regional competitors…