By Helen Coster (Reuters) – Rupert Murdoch’s News Corp has abandoned plans to launch a traditional TV news channel in […]
Microsoft sales grow on cloud strength, shares dip on heightened valuation
By Stephen Nellis and Akanksha Rana (Reuters) -Microsoft Corp on Tuesday met analysts’ quarterly sales expectations and beat profit estimates, […]
Starbucks sales miss estimates, shares drop despite rosier forecast
By Nivedita Balu and Hilary Russ (Reuters) -Starbucks Corp missed quarterly sales estimates on Tuesday, sending shares down 2%, even […]
America Movil’s net profit rebounds in first quarter on lower financing costs
MEXICO CITY (Reuters) – Mexican telecommunications giant America Movil on Tuesday said its net profit rebounded in the first quarter, […]
Tesla shares drop after muted first-quarter results as a global chip crunch persists
(Reuters) – Shares of Tesla Inc fell more than 4% on Tuesday as its first-quarter earnings results failed to alleviate […]
Mondelez warns of price hike as snacking boom delivers strong profit
(Reuters) -Mondelez International Inc warned on Tuesday of a price hike to combat higher raw material costs, after posting strong […]
Visa emerging from pandemic ‘storm’ as spending volumes recover
By Noor Zainab Hussain (Reuters) – Visa Inc is emerging from the COVID-19 pandemic, its top boss said on Tuesday, […]
Wall Street ends mostly flat ahead of earnings wave
By Noel Randewich and Krystal Hu (Reuters) – Tepid results from Tesla and 3M weighed on Wall Street on Tuesday, […]
Amgen profit, sales fall on lower drug prices; shares drop 3.4%
By Deena Beasley (Reuters) -U.S. biotech Amgen Inc on Tuesday said its first-quarter sales and profit fell due to a […]
Novavax shares jump after Biden says focusing on its vaccine
(Reuters) – Shares of Novavax Inc surged 16% in extended trading on Tuesday after President Joe Biden said the United […]