Dow Jones Newswires Uniqlo Owner S Shares Slump after Q1 Net Profit Falls 91
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Major U.S. stock indexes rallied, with the S&P 500, Nasdaq and Dow gaining 0.9%, 1.1% and 0.7%, respectively, after a stretch of poor or indifferent performance.
Major U.S. stock indexes rallied, with the S&P 500, Nasdaq and Dow gaining 0.9%, 1.1% and 0.7%, respectively, after a stretch of poor or indifferent performance.The Wall Street Journal - World -
TSMC Shares Fall After Downgrading 2024 Global Chip Outlook
Shares of Taiwan Semiconductor Manufacturing fell sharply as investors’ worries about the chip maker’s cautious outlook for the industry eclipsed its upbeat first-quarter financial results.The Wall Street Journal - Tech -
Treasury yields fall after S&P surveys show U.S. economy losing some momentum
Yields on U.S. government debt slipped Tuesday morning after data showed that weaker demand weighed on the pace of expansion in business activity this month.MarketWatch - Business -
Primark owner’s profits soar as investments provide boost
Associated British Foods says ‘normality’ in supply chains helps lift half-year earnings by 37%Financial Times - Business -
Nissan Motor Shares Drop After Annual Profit Estimate Lowered on Slower Sales
Nissan Motor shares fell sharply after The Japanese automaker lowered its estimate for fiscal year net profit, partly due to slower car sales.The Wall Street Journal - World -
Nissan Motor Shares Drop After Annual Profit Estimate Lowered on Slower Sales
Nissan Motor shares fell sharply after The Japanese automaker lowered its estimate for fiscal year net profit, partly due to slower car sales.The Wall Street Journal - Business -
AB Foods Eyes Further Profit Growth as Primark Margins Rise
Primark owner AB Foods raised its dividend and said it expects a significant rise in full-year profit after its budget retailer delivered robust margins and higher earnings.The Wall Street Journal - Business -
AB Foods Eyes Further Profit Growth as Primark Margins Rise
Primark owner AB Foods raised its dividend and said it expects a significant rise in full-year profit after its budget retailer delivered robust margins and higher earnings.The Wall Street Journal - World -
Cruz breaks slump with 3 hits, Jones cruises as Pirates beat Brewers 4-2 to end 6-game skid
Oneil Cruz broke out of a slump with three hits, rookie Jared Jones allowed one run in six innings and the Pittsburgh Pirates ended their skid at six games, beating Milwaukee 4-2 to stop the Brewers’ four-game win streakABC News - Sports - MLB -
Gogglebox star died after fall through skylight
A coroner is told George Gilbey died from traumatic injuries after the incident while working on a roof.BBC News - Top stories -
Mexico’s AMLO Says Peso Slump ‘Helps’ After Becoming Too Strong
Yahoo News - World -
Sberbank to pay $8bn in dividends after record profit
Half of it is going to Russian state’s coffers to help fund war on UkraineFinancial Times - Business -
S&P 500 Climbs With Tesla Earnings in the Spotlight
Stocks were making gains after a slew of household names released earnings.The Wall Street Journal - World - Tesla -
Ford shares surge on Tesla's EV price cuts as the legacy automaker falls back on its roots
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.CNBC - Business -
Ireland’s AIB could be fully privatised by 2025 after bumper profits
Irish banks put crisis era behind them as state cuts holdingsFinancial Times - Business -
Ireland’s AIB could be fully privatised by 2025 after bumper profits
Irish banks put crisis era behind them as state cuts holdingsFinancial Times - World -
GM Raises Profit Outlook for 2024 After Strong First-Quarter Earnings
Pickup trucks and resilient consumer spending powered GM’s 24% increase in quarterly profit, but China remains a trouble spot.The Wall Street Journal - World -
GM Raises Profit Outlook for 2024 After Strong First-Quarter Earnings
Pickup trucks and resilient consumer spending powered GM’s 24% increase in quarterly profit, but China remains a trouble spot.The Wall Street Journal - Business -
Cardinal Health’s stock falls after company says contract with OptumRx will not be renewed after June
Drug distributor backs fiscal 2024 profit guidance despite end of contract that generated 16% of its revenue last year.MarketWatch - Business -
Netflix's password-sharing crackdown is paying off as profits beat Wall Street's forecast
Netflix on Thursday released its first-quarter earnings, which topped analyst estimates in terms of subscriber additions and profit.Los Angeles Times - Entertainment - Netflix -
Italian Bonds Marginally Outperform Bunds After S&P Affirms Rating, Outlook
Italian BTPs marginally outperformed Bunds in early European trade after S&P affirmed Italy’s BBB rating and stable outlook.The Wall Street Journal - World -
Vista Outdoor Shares Rise After It Tells MNC Capital to Raise Offer
Vista says MNC’s current proposal isn’t superior to its agreement with Czech defense company CSG.The Wall Street Journal - World -
Vista Outdoor Shares Rise After It Tells MNC Capital to Raise Offer
Vista says MNC’s current proposal isn’t superior to its agreement with Czech defense company CSG.The Wall Street Journal - Business -
Investors price in growing chance of another Fed interest rate rise
While base case remains reduction in borrowing costs, options market shows a 20% probability of increaseFinancial Times - Business - Federal Reserve -
Revolut plans advertising sales push as it waits for banking licence
The London-based fintech has hired a TikTok executive to lead a ‘media strategy’ as it seeks to diversify revenuesFinancial Times - Business -
TikTok fortune of billionaire Republican donor Jeff Yass threatened by Washington
Investor’s Susquehanna International Group owns estimated $40bn stake in parent company ByteDance as app faces potential banFinancial Times - Business - Tiktok -
Revolut plans advertising sales push as it waits for banking licence
The London-based fintech has hired a TikTok executive to lead a ‘media strategy’ as it seeks to diversify revenuesFinancial Times - Business -
Revolut plans advertising sales push as it waits for banking licence
The London-based fintech has hired a TikTok executive to lead a ‘media strategy’ as it seeks to diversify revenuesFinancial Times - Business -
Revolut plans advertising sales push as it waits for banking licence
The London-based fintech has hired a TikTok executive to lead a ‘media strategy’ as it seeks to diversify revenuesFinancial Times - Business -
Revolut plans advertising sales push as it waits for banking licence
The London-based fintech has hired a TikTok executive to lead a ‘media strategy’ as it seeks to diversify revenuesFinancial Times - Business -
JetBlue shares tumble 14% after airline lowers 2024 revenue outlook
JetBlue said second-quarter revenue would likely drop as much as 10.5% on the year.CNBC - Business -
UPS’s stock gives up gains after another revenue miss offset a profit beat
UPS’s stock rallied Tuesday, after the package delivery giant beat first-quarter profit expectations, even as it once again reported revenue that fell below forecasts.MarketWatch - Business -
Spotify reports record quarterly profit after a year marked by deep layoffs and activist attention
Spotify beat expectations on the top and bottom lines when it reported quarterly earnings Tuesday, after a year of activist investor scrutiny and cost-cutting.CNBC - Business -
Anne Innis Dagg, Who Studied Giraffes in the Wild, Dies at 91
She was believed to be the first Western scientist to study the animals in their natural habitat, but she struggled to overcome sexism in academia.The New York Times - Science -
Goldman Sachs moves senior banker to Paris in post-Brexit revamp
Head of financial institutions group for Europe relocates at sensitive time for its operations on the continentFinancial Times - Business -
India seeks to secure critical mineral resources in race for lithium
New Delhi pushes for exploration in Latin America and Africa and auctions domestic mining blocksFinancial Times - Business - India -
Goldman Sachs moves senior banker to Paris in post-Brexit revamp
Head of financial institutions group for Europe relocates at sensitive time for its operations on the continentFinancial Times - Business -
Goldman Sachs moves senior banker to Paris in post-Brexit revamp
Head of financial institutions group for Europe relocates at sensitive time for its operations on the continentFinancial Times - Business -
JetBlue’s stock slides 10% premarket as Q1 loss widened significantly, CEO warns on full year
The airline’s first-quarter loss widened significantly from a year ago.MarketWatch - Business -
Dow and Kildunne hat-tricks fire 14-try England to Six Nations rout of Ireland
England 88-10 IrelandJones and Breach also add two tries each in dominant winThere will come a day when England’s dominance in the Women’s Six Nations ends. Their run of consecutive wins in the tournament, standing at 28, will be broken. But ...The Guardian - World