ADVERTISEMENT The German lender Commerzbank will buy back shares worth as much as €400 million, according to its earnings statement released on Friday. The bank noted that regulatory approvals had …
The Czech power company CEZ recently signed a deal with Britain’s Rolls-Royce SMR to develop and build small modular nuclear reactors. The company attributed the fall in profits to lower …
Volkswagen’s third-quarter earnings missed expectations, pushing shares to a 24-year low. Europe’s biggest automaker faces rising costs, restructuring expenses, and slowing demand, particularly in China. Challenges in the EV market …
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The one-month selloff in technology stocks might indicate sector rotations by major funds as the investment cycle shifts. Quarterly earnings reports also suggest a slowdown in growth due to capacity …
Novo Nordisk missed earnings expectations in the second quarter due to growing competition and increased costs from capacity expansions. The company also downgraded its profit outlook for 2024. ADVERTISEMENT Europe’s …
The US tech giants Apple and Amazon reported mixed earnings results for the June quarter. While Apple consolidated its position as the world’s most valuable company, Amazon disappointed investors with …
Meta Platforms reported better-than-expected earnings for the second quarter, as the company experienced robust growth in its advertising sales, thanks to AI-powered technology. However, investors also have concerns about its …
Rattled investors are bracing for earnings from the market’s biggest tech companies, a Federal Reserve policy meeting and closely watched employment data in a week that could determine the near-term trajectory of US stocks …
AstraZeneca exceeded market expectations in its second-quarter earnings report. The British pharmaceutical firm has also upgraded its guidance for fiscal year 2024. ADVERTISEMENT British pharmaceutical giant AstraZeneca reported earnings that …
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