Intel Corporation (NASDAQ: INTC) stock lost 12% following the release of its fourth-quarter and full-year 2023 earnings report. Although the 10% revenue growth in Q4 appeared promising, the revenue outlook for Q1 did not meet investor expectations.
With shares already down over 20% year to date, Tesla (NASDAQ: TSLA) has been off to a rocky start in the new year. Its challenges came to a head after the company reported fourth-quarter earnings, and CEO Elon Musk announced vehicle volume growth will be notably lower in 2024 --
(RTTNews) - The year 2024 has begun on a muted note in terms of FDA approvals, with only one novel drug getting endorsed in January. This is in stark contrast to the four drugs that got the regulatory nod during the same month last year.
(RTTNews) - French Media Group Vivendi SA's (VIV.L, VIVEF.PK) Management Board will be exploring the feasibility of a project to split the company into four entities, each of which would be listed on the stock market.
Fortune Magazine regularly teams up with analysts from Boston Consulting Group to publish an annual edition of the Fortune Future 50. The latest report ranked more than 1,700 public companies based on their long-term revenue growth prospects. Two technology specialists topped the
Based on expectations, it was a disappointment. Google parent Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) produced $65.5 billion worth of advertising revenue during the fourth quarter. Analysts were expecting a figure closer to $66 billion. Alphabet stock stumbled more than a little
(RTTNews) - European stocks traded higher for the sixth straight session on Wednesday as investors digested a slew of regional data and looked ahead to interest rate decisions from the U.S. Federal Reserve and the Bank of England.
With a bull market in full swing, is it finally time to dip into some of those high-risk, high-reward stocks that usually soar when investors are enthusiastic? It's certainly time to consider buying some, as long as you do your due diligence and understand the risks and opportuni
(RTTNews) - U.K. stocks traded slightly lower on Wednesday as investors looked ahead to interest rate decisions from the U.S. Federal Reserve and the Bank of England.
European shares eked out gains on Wednesday as investors waited for clues on when the U.S. Federal Reserve may start to cut interest rates, with the dollar heading for its biggest monthly gain since September.
South Africa's Impala Platinum (Implats) on Wednesday said it expects at least a 20% decline in profit for the six months to Dec. 31, mainly due to weaker metal prices.
India's largest drugmaker Sun Pharmaceutical Industries reported third-quarter profit above estimates on Wednesday, driven by strong sales in the key domestic and U.S. markets.
The Indian rupee was largely steady on Wednesday even as most Asian currencies trended lower after investors solidified bets that the U.S. Federal Reserve is unlikely to cut policy rates at its March meeting.
(RTTNews) - European stocks may open flat to slightly lower on Wednesday as investors react to earnings from big tech companies and await the Federal Reserve's latest monetary policy announcement.
Japan's top power generator JERA expects the temporary suspension of U.S. liquefied natural gas (LNG) export permits may affect Japan's fuel security, and even the world's, if the issue persists, a company official said on Wednesday.
Signs of a hawkish tilt by the Bank of Japan prodded a bit of life out of that country's bond and currency markets on Wednesday, while most investors stayed focused on what Federal Reserve Chair Jerome Powell may have to say later in the day.
Pakistan's former Prime Minister Imran Khan and his wife Bushra Bibi have been sentenced to 14 years in jail in a case related to illegal selling of state gifts, the Dawn newspaper reported on Wednesday.
China Evergrande's offshore dollar bondholders stand to receive a potentially tiny payout in a complicated process that could take years to play out after the property giant was placed in liquidation, according to S&P Global Ratings.
Reuters
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