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Uber confident on profit as ride-sharing makes strong start to 2023
(Reuters) - Uber Technologies Inc forecast quarterly core earnings above estimates on Tuesday, after a surge in demand for travel and food delivery helped the U.S. ride-sharing giant report better-tha...
Syndicated Content May 02, 2023
Pfizer beats profit estimates as new drugs offset COVID products slump
(Reuters) -Pfizer Inc on Tuesday beat analysts' estimates for first-quarter profit as strong demand for its recently acquired products and pneumococcal vaccines helped offset the impact from declining...
Syndicated Content May 02, 2023
Edtech Chegg slumps on revenue warning as ChatGPT threatens growth
(Reuters) - What's the cost of students using ChatGPT for homework? For U.S. education services provider Chegg Inc, it could be nearly $1 billion in market valuation. Chegg forecast current-quarter re...
Syndicated Content May 02, 2023
Marathon Petroleum posts bumper profit on high demand, tight supply
(Reuters) - Marathon Petroleum Corp posted a bumper profit on Tuesday, benefiting from higher margins on sustained fuel demand and tight crude supplies, and announced an additional $5 billion share re...
Syndicated Content May 02, 2023
Emirates boss forecasts resilient demand, no hit from new airlines
By Yousef Saba and Lisa Barrington DUBAI (Reuters) - Emirates Airline President Tim Clark said on Tuesday that new Saudi airlines and the expansion of regional competitors will not affect the Dubai-ba...
Syndicated Content May 02, 2023
Thomson Reuters reports higher first-quarter sales, profit
By Helen Coster and Kenneth Li (Reuters) -Thomson Reuters Corp on Tuesday reported higher sales and operating profit in the first quarter, helped by divestitures and high customer retention rates. The...
Syndicated Content May 02, 2023
Restaurant Brands beats quarterly revenue estimates on higher pricing
(Reuters) -Restaurant Brands International Inc beat Wall Street estimates for quarterly revenue on Tuesday, boosted by higher prices and increased traffic at its Burger King and Tim Hortons chains. La...
Syndicated Content May 02, 2023
Cheniere posts quarterly profit on strong demand
(Reuters) - Top U.S. liquefied natural gas (LNG) exporter Cheniere Energy Inc reported a quarterly profit on Tuesday compared to a year-ago loss, as higher LNG deliveries offset lower prices. The Unit...
Syndicated Content May 02, 2023
German finance minister rejects industrial power price plan -Handelsblatt
BERLIN (Reuters) - German Finance Minister Christian Lindner on Tuesday rejected a plan by Economy Minister Robert Habeck to introduce an industrial electricity price. Such a move would be "economical...
Syndicated Content May 02, 2023
Hedge funds bet consumers will rein in U.S. spending – Goldman Sachs
By Nell Mackenzie LONDON (Reuters) - Global hedge funds' bearish positions reached year highs in April, largely aimed at companies selling non-essential consumer products, in a bet that harsher econom...
Syndicated Content May 02, 2023

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