By Jaspreet Singh (Reuters) -Reddit forecast third-quarter revenue above Wall Street estimates on Tuesday, a sign that a recovering digital ad market would draw more advertisers to the social media pl[...]
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August 6, 2024
Rivian sticks to flat production outlook for 2024, expects deliveries dip in Q3
By Akash Sriram and Abhirup Roy (Reuters) -Rivian on Tuesday stuck to its forecast that production would not rise this year and said deliveries in the third quarter would be slightly lower, as the EV[...]
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Indexes end with strong gains, rebounding from global market sell-off
By Caroline Valetkevitch NEW YORK (Reuters) -The S&P 500 and Nasdaq ended 1% higher on Tuesday as investors jumped back into the market a day after a dramatic sell-off, with recent comments by Fed[...]
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NTSB, Boeing have not been able to identify who removed 737 MAX 9 door plug
By David Shepardson WASHINGTON (Reuters) -The National Transportation Safety Board and Boeing have not been able to determine who removed a door plug in a new 737 MAX 9 Alaska Airlines 737 MAX 9 that[...]
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Illumina expects full-year sales from core segment to decline on biotech funding crunch
(Reuters) – Gene sequencing machine maker Illumina on Tuesday forecast 2024 sales from its core segment to decline, a sign that subdued demand for its instruments used in genetic tests could ext[...]
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Bridgewater says sell-off in Japan’s stocks is overdone
By Carolina Mandl NEW YORK (Reuters) – Bridgewater Associates said in a commentary sent to investors on Tuesday that it believes the sell-off in Japan’s equities the previous day was exagg[...]
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Wynn posts higher quarterly profit on boost from Macau casinos
(Reuters) – Wynn Resorts posted a rise in second-quarter profit on Tuesday, as a post-pandemic rebound in travel to casino hubs helped attract a steady stream of visitors to its Macau properties[...]
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Vans-parent VF Corp posts smaller Q1 revenue drop than expected, on better China demand
(Reuters) -VF Corp reported a smaller-than-expected drop in first-quarter revenue on Tuesday, helped by improvement in its China business as well as leaner inventory levels, sending its shares up abou[...]
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Amgen quarterly profit slips, obesity data on track for late 2024
By Deena Beasley (Reuters) -Amgen on Tuesday said its second-quarter profit slipped 1% as higher expenses, including costs related to development of its experimental obesity drug MariTide, offset a 20[...]
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