AT&T (NYSE: T) stock has struggled in recent years, but Barclays analyst Kannan Venkateshwar believes the company deserves a higher valuation, considering the recent subscriber gains for its wireless and fiber services. The analyst upgraded AT&T stock from an equal weight
Shares of Roku (NASDAQ: ROKU) were already in the dumps coming into its first-quarter earnings report last Thursday, but investors hoping for a recovery got a rude awakening. The streaming distribution platform fell 10% on the update, as investor patience about meaningful profita
(RTTNews) - Austria-based Raiffeisen Bank International AG or RBI (RAIFF.PK, RAIFY.PK) reported Thursday that its first-quarter consolidated profit grew to 664 million euros from last year's 657 million euros.
Although some investors may not agree, the recent price pullback in some artificial intelligence (AI) stocks may be the beginning of an opportunity instead of the end. With many of these stocks entering into their own little bear markets, their lofty valuations have fallen to mor
(RTTNews) - Spectris plc (SEPJF.PK, SXS.L), a supplier of precision instrumentation and controls, reported Thursday that its first-quarter sales declined 13 percent to 309.4 million pounds from last year's 354.3 million pounds.
(RTTNews) - Novo Nordisk (NVO) reported that its first quarter net profit increased by 28% to 25.41 billion Danish kroner. Earnings per share increased by 29% to 5.68 kroner. Operating profit increased by 27% in Danish kroner and by 30% at constant exchange rates or CER to 31.8 b
(RTTNews) - German luxury fashion brand Hugo Boss AG (HUGSF.PK) reported Thursday that its first-quarter net income attributable to equity holders of the parent company grew 9 percent to 38 million euros from last year's 35 million euros.
(RTTNews) - Swisscom AG (SWZCF.PK, SCMWY.PK) reported first quarter net income of 455 million Swiss francs, an increase of 2.9% from last year. Earnings per share was 8.78 francs compared to 8.53 francs. Operating income before depreciation and amortisation or EBITDA fell by 0.8%
(RTTNews) - Japanese conglomerate Mitsubishi Corp. (MBC.L, MSBHY.PK) reported Thursday that its profit attributable to owners of the parent for the year ended March 31, 2024 fell 18.4 percent to 964.03 billion Japanese yen from last year's 1.18 trillion yen. Earnings per share we
(RTTNews) - ING (ING) reported that its first-quarter of 2024 net result was 1.578 billion euros down from 1.591 billion euros in the prior year. It also announced a share buyback program of 2.5 billion euros.
(RTTNews) - Steel and mining major ArcelorMittal S.A. (MT) Thursday reported that its first-quarter net income attributable to equity holders of the parent fell to $938 million from last year's $1.10 billion.
Trends can be easy to miss. After all, many people heard about artificial intelligence (AI) and how it was the "next big thing," and yet, many of those same people never invested a penny into AI stocks like Nvidia, Super Micro Computer, or SoundHound AI before they went parabolic
(RTTNews) - Indian shares traded slightly higher in early trade on Thursday after the tone of the Federal Reserve's latest monetary policy decision appeared less hawkish than feared.