Comcast posted more losses from its streaming platform, Peacock.
Schlagwort-Archiv: Markets
McDonald’s earnings top estimates as mascot Grimace fuels U.S. sales
McDonald’s same-store sales grew 11.7%, driven in part by a strong showing in Europe and the chain’s Grimace promotion.
Oil giant Shell posts sharp drop in second-quarter profit on weaker commodity prices
British oil giant Shell on Thursday reported a sharp year-on-year drop in second-quarter profit on weaker fossil fuel prices.
Samsung reports 95% drop in profit, but expects global demand to recover in second half of the year
Samsung is the world’s largest maker of dynamic random-access memory chips, which are found in consumer devices such as smartphones and computers.
Meta reports better-than-expected results and issues optimistic guidance for third quarter
Meta said revenue in the quarter increased 11% as the company returned to double-digit growth for the first time since late 2021.
A CEO quits and the BBC apologizes to Trump-ally Nigel Farage. A banking scandal erupts in Britain
NatWest Group CEO Alison Rose resigned on Wednesday after a media storm over the termination of Brexit figurehead Nigel Farage’s bank account.
Stocks making the biggest moves premarket: Alphabet, Microsoft, PacWest, Snap and more
These are the stocks posting the largest moves before the bell.
15 years of low interest rates reshaped the U.S. economy. Here’s what’s changing as rates stay higher for longer
Years of low interest rates gave U.S. investors access to an effectively endless supply of free money. A new economic era is unfolding as interest rates rise.
Deutsche Bank beats expectations despite 27% drop in profit, jump in costs
The bank’s net profit attributable to shareholders slightly topped a prediction of 737 million euros in a Reuters poll of analysts.
China signals more support for real estate with a ‚big change‘ in tone
China has changed its tone on the country’s struggling real estate sector, signaling that more policy support may be on the way.