Cloud-Computing Industry Sees Share Prices Fall After Microsoft's Remarks
Microsoft's tempered commentary on cloud computing causes share prices of Datadog and Snowflake to fall. Microsoft benefits from new AI workloads, giving it a competitive edge.
Gold Futures Rise After Fed's Interest Rate Decision
Gold futures reach a fresh intraday high after the Fed raises interest rates. Higher rates may strengthen the dollar, but gold remains expensive for foreign buyers.
Nestle Raises Outlook for Sales Growth
Swiss consumer-goods giant Nestle raises sales growth forecast after recording strong first-half revenue driven by pricing, with positive performance expected in the second half of the year.
XLMedia Shares Fall on First-Half Revenue and Earnings Decline
Shares in XLMedia fell as the company reported a decline in first-half revenue and earnings. The company expects adjusted earnings to meet management expectations.
Bristol Myers Squibb Co. Misses Q2 Earnings Expectations and Cuts Full-Year Outlook
Bristol Myers Squibb reports disappointing Q2 earnings with a decline in sales of cancer treatment drug Revlimid, leading to a cut in full-year outlook.
San Francisco Investigates Giant "X" Sign on Former Twitter Building
The city of San Francisco is investigating the installation of a massive "X" sign atop the former Twitter headquarters, owned by Elon Musk, who is rebranding the platform.
Banco Bilbao Vizcaya Argentaria to Report Second Quarter Results
Banco Bilbao Vizcaya Argentaria is set to announce its second quarter financial results, with a predicted net profit of €1.85 billion. The gross income is estimated to reach €6.95 billion. Shareholder returns and new targets will be key are...
Manufacturing Activity in Central U.S. Shows Slight Improvement
The manufacturing sector in the central United States saw a slight increase in activity during the month of July, indicating signs of stabilization and mild improvement. Despite challenges, employment showed improvement while production dec...
Boeing Soars as Commercial and Defense Demand Rebounds
Boeing is witnessing a resurgence in commercial and defense sectors, with growing demand for its products. The post-COVID recovery, impressive second-quarter performance, and market response indicate promising growth prospects for the compa...
Engie Reports Strong Financial Performance in First Half
Engie achieves robust earnings and revenue growth in the first half, driven by renewables and energy management. Reiterates 2023 targets despite net loss attributed to nuclear provisions.