By Svea Herbst-Bayliss NEW YORK (Reuters) – Byron Wien, who guided investors on what to buy and sell and authored a widely anticipated yearly list of “10 Surprises” as one of Wall St[...]
Read more
October 26, 2023
Amazon’s cloud stabilizing, shoppers cautious heading into holiday season
By Jeffrey Dastin and Akash Sriram (Reuters) -Amazon.com on Thursday said growth in its cloud business is stabilizing as it signed new deals, but warned that consumers remained wary about spending goi[...]
Read more
Mexico’s Televisa swings to net loss in third quarter
By Cassandra Garrison and Brendan O’Boyle MEXICO CITY (Reuters) -Mexico’s largest broadcaster Televisa on Thursday posted a 4.9% dip in third-quarter revenues that swung its earnings into[...]
Read more
GM, Stellantis work to reach UAW contract deals
By David Shepardson and Joseph White (Reuters) -General Motors and Chrysler parent Stellantis. were in intensive talks on Thursday with the United Auto Workers in an effort to end a six-week-old strik[...]
Read more
Intel beats expectations as margins rise, manufacturing momentum builds
By Chavi Mehta, Max A. Cherney and Stephen Nellis (Reuters) -Intel forecast fourth-quarter revenue and margins above Wall Street estimates on Thursday, optimistic about a healthy rebound in personal c[...]
Read more
Wall Street ends lower on mixed earnings, robust data
By Stephen Culp NEW YORK (Reuters) – U.S. stocks tumbled on Thursday, dragged by tech and tech-adjacent megacap shares as investors digested mixed quarterly earnings and signs of economic resili[...]
Read more
Chipotle quarterly results shine as burrito cravings defy high prices
By Deborah Mary Sophia (Reuters) -Chipotle Mexican Grill surpassed market expectations for quarterly results on Thursday, as unwavering demand for its burritos and rice bowls and a strong boost from l[...]
Read more
Brazil’s Embraer backlog reaches $17.8 billion as Sky West orders 19 E175 jets
SAO PAULO (Reuters) -Brazilian planemaker Embraer said on Thursday its firm order backlog reached $17.8 billion at the end of the third quarter, including a newly announced order by SkyWest for 19 of[...]
Read more
Dexcom lifts 2023 revenue view on strong demand for diabetes devices
(Reuters) -Medical device maker Dexcom on Thursday raised its annual revenue forecast and beat quarterly estimates on strong demand for its continuous glucose monitoring (CGM) devices, sending its sha[...]
Read more