Canada’s Rogers misses quarterly revenue estimates on cable weakness
(Reuters) – Rogers Communications Inc missed Wall Street estimates for first-quarter revenue on Wednesday, hit by weakness in its cable…
Visa delivers FQ2 beat on strength in International business; analysts positive
Visa (NYSE:V) shares are up about 1% in pre-market Wednesday, following the company’s reported Q2 results, with EPS of $2.09 coming…
Tech CEOs wax poetic on AI, big adds to sales will take time
(Reuters) -Microsoft Corp and Google-parent Alphabet (NASDAQ:GOOGL) Inc talked up investments in artificial intelligence (AI) for the second quarter in…
Chipotle Mexican Grill shares surge 7% on Q1 beat; analysts bulled-up
Chipotle Mexican Grill (NYSE:CMG) shares are moving higher in premarket Wednesday following the company’s reported Q1 results, with EPS of $10.50…
Safran posts strong sales but sees supply chain risks
(Reuters) -French aero engine maker Safran (EPA:SAF) unveiled stronger than expected quarterly revenues on Wednesday, buoyed by a swift recovery in air…
Jefferies downgrades Tesla to Hold after price cuts
Jefferies analysts downgraded Tesla (NASDAQ:TSLA) shares to Hold from Buy after the electric vehicle (EV) maker implemented several rounds of price cuts…
Japan’s Honda Motor in strategic collaboration deal with TSMC
(Reuters) -Japan’s Honda Motor Co said on Wednesday it had struck a strategic collaboration agreement with Taiwan Semiconductor Manufacturing Co…
One in five cars sold this year will be electric – IEA
(Reuters) – Electric cars are expected to make up nearly one-fifth of the global market this year, according to the…
LG Display talks up H2 recovery hopes after 4th straight quarterly loss
(Reuters) -South Korean display panel maker LG Display (NYSE:LPL) on Wednesday pinned hopes for a second-half turnaround on the tech…
Danone raises 2023 sales outlook after price hikes boost Q1
(Reuters) -Danone raised its 2023 sales growth outlook after it reported higher-than-expected first-quarter revenue on Wednesday, as the world’s largest…