(Reuters) – Albemarle, the world’s largest producer of lithium for electric vehicle batteries, on Wednesday missed first quarter profit estimates […]
Spirit Aero says it has a new plan to address Boeing 737 MAX parts demand
By Allison Lampert (Reuters) -Spirit AeroSystems said it has developed a plan that gives it “a high degree of confidence” […]
Apple set for big sales decline as investors await AI in iPhones
By Yuvraj Malik (Reuters) -Apple’s plan to add generative AI to its iPhones and revive sagging sales in the crucial […]
Qualcomm forecast beats estimates as AI revives smartphone market
By Stephen Nellis and Arsheeya Bajwa (Reuters) – Qualcomm on Wednesday forecast fiscal third-quarter sales and adjusted profit above Wall […]
DoorDash disappoints Wall Street with downbeat quarterly core profit
By Granth Vanaik and Waylon Cunningham (Reuters) – Shares of DoorDash sank more than 14% in extended trading on Wednesday […]
Devon Energy beats Q1 profit estimate on higher production
(Reuters) – U.S. shale producer Devon Energy beat first-quarter profit estimates on Wednesday as higher production from Delaware basin helped […]
Fed’s Powell says looming US election will not sway rate decisions
By David Lawder and Michael S. Derby NEW YORK (Reuters) -The looming U.S. presidential election will not influence the Federal […]
Airbnb launches new global marketing strategy geared around experiences
By Doyinsola Oladipo NEW YORK (Reuters) – Airbnb announced its newest marketing strategy geared towards bringing in new customers by […]
First Solar posts higher quarterly profit on strong demand
(Reuters) – First Solar reported higher first-quarter profit on Wednesday compared to the same period last year, helped by resilient […]
EBay forecasts Q2 revenue below estimates as consumer spending remains strained
(Reuters) – Ecommerce firm eBay forecast second-quarter revenue below Wall Street estimates on Wednesday, as demand cools for its key […]