Bristol Myers Squibb plans $2 billion in cost cuts by 2027, issues weak guidance
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Ford’s weak guidance sends automaker’s stock sliding
Carmaker raises alarm with a light guidance for the year, saying profits will be marred by “headwinds related to market factors.”MarketWatch - 14h -
UPS shares tank 14% after weak guidance, plan to slash Amazon deliveries by more than half
UPS has shifted away from less-profitable large contracts in recent years, while Amazon has built up its own in-house logistics empire.CNBC - 6d -
UPS shares tank 15% after weak guidance, plan to slash Amazon deliveries by more than half
Shares of United Parcel Service plunged more than 15% Thursday after the company issued weak revenue guidance for the year and said it planned to cut deliveries for Amazon, its largest customer, by ...NBC News - 6d -
Deutsche Bank is a victim of its own success as it hikes cost guidance
Deutsche Bank delivered bad news on spending, and investors weren’t happy.MarketWatch - Jan. 30 -
Microsoft shares slip on weak quarterly revenue guidance
Microsoft intends to address execution challenges in its key cloud unit, while continuing to endure supply constraints.CNBC - Jan. 30 -
Twilio stock surges after company issues optimistic 2027 profit forecast
Twilio wants to grow in conversational artificial intelligence while also becoming more profitable.CNBC - Jan. 23 -
Johnson & Johnson clears a few hurdles, but Wall Street focuses on weak guidance
Johnson & Johnson’s stock dropped more than 3% Wednesday after the medical-technology and drug company beat estimates for the fourth quarter but as lower sales guidance for the year stoked fears of ...MarketWatch - Jan. 22 -
AI Startup Anthropic Plans to Raise $2 Billion at a $60 Billion Valuation
The new funding round, led by Lightspeed Venture Partners, sees the company at more than triple its 2024 valuation of $18 million.Inc. - Jan. 8
More from CNBC
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How Calvin Klein and Tommy Hilfiger got caught in Trump's trade war with China
The owner of Calvin Klein and Tommy Hilfger has been placed on China's unreliable entities list, which could force it to cease operations in the region.CNBC - 2h -
Amazon set to pass Walmart in revenue for first time
Analysts surveyed by LSEG are expecting Amazon to report revenue of $187 billion for its latest quarter on Thursday.CNBC - 3h -
Trump's tax cuts are 'stuck in the mud' as Republicans split over spending
Fiscal hawks are demanding deeper cuts on major tax, energy and healthcare package that would advance key Trump administration priorities.CNBC - 2h -
U.S. imposes sanctions on international network shipping Iranian oil to China
The sanctions target entities and individuals in China, India, the United Arab Emirates as well as several vesselsCNBC - 11m -
U.S. imposes sanctions on international network shipping Iranian oil to China
The sanctions target entities and individuals in China, India, the United Arab Emirates as well as several vesselsCNBC - 11m
More in Business
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Roblox plummets 16% on disappointing bookings, daily active users miss
Roblox shares plunged more than 16% after falling short of Wall Street's bookings and daily active user estimates.CNBC - 2m -
Head of UK financial ombudsman quits unexpectedly
Departure of Abby Thomas comes during review of customer redress system in financial services sectorFinancial Times - 6m -
Head of UK financial ombudsman quits unexpectedly
Departure of Abby Thomas comes during review of customer redress system in financial services sectorFinancial Times - 6m -
U.S. imposes sanctions on international network shipping Iranian oil to China
The sanctions target entities and individuals in China, India, the United Arab Emirates as well as several vesselsCNBC - 11m -
U.S. imposes sanctions on international network shipping Iranian oil to China
The sanctions target entities and individuals in China, India, the United Arab Emirates as well as several vesselsCNBC - 11m