Edison Unit Says Its Equipment May Have Been Involved in SoCal Fires
Southern California Edison on Thursday submitted two letters to the California Public Utilities Commission with updates on its analysis of the Eaton and Hurst wildfires, saying it believes its ...
Skyworks’ stock sinks as Apple setback is a ‘nightmare realized’
Skyworks’ stock could see its worst day in more than four decades, with analysts noting that Broadcom seems to have gotten in ...
Adnoc Gas's Profit Beat Driven by Renegotiated Emirates Utility Contract -- Update
For the year as a whole Adnoc--which supplies 60% of the UAE's gas--reported a net income of $5 billion, up from $4.42 billion in 2023 as it benefited from higher domestic gas sales due to the ...
U.S. Soybean Export Sales on Low End of Forecasts
In its latest weekly report, the USDA said that for the week ended Jan. 30, export sales of soybeans totaled 387,700 metric tons for the 2024/25 marketing year. That's on the low end of forecasts from ...
Doubts about 'Magnificent Seven' AI spending plans are creeping in
Major U.S. companies involved in the spending race to harness artificial intelligence have shown no signs of pulling back in ...
Creightons to Switch Listing to London's AIM
Creightons said it intends to cancel its listing on the London Stock Exchange's main market and switch to London's junior AIM.
Philip Morris’ stock rises as outlook tops analyst estimates
Philip Morris International issued a profit outlook topping Wall Street analyst expectations, sending shares of the tobacco-products company higher in premarket trading.
Roblox Shares Dive as 4Q Bookings, User Numbers Miss Street Views
Roblox posted a loss of $219.6 million, or 33 cents a share, compared with a loss of $323.7 million, or 52 cents, a year earlier. Revenue rose to $988.2 million from $749.9 million. Analysts had ...
Peloton’s stock leaps after a big revenue beat, raised profitability outlook
Revenue jumped 26.9% from a year ago to $743.6 million, to beat the FactSet consensus of $652.7 million, amid particular strength in connected fitness products. The margin of the revenue beat was the ...
Peloton Raises Guidance After Revenue Beats Views -- Update
Peloton Interactive raised its guidance for the year as it posted a narrower loss and revenue above analyst views for the fiscal second quarter. Shares were up 15% in premarket trading at $7.58.
Norwegian Air Shuttle Passenger Numbers Rose in January
Norwegian Air Shuttle passenger numbers rose in January compared with the same month last year. The airline said Thursday that it carried 1.27 million passengers in January, up 12% on year, but down ...
Kellanova 4Q Profit Soars as Costs Come Down
Kellanova recorded a big jump in profit during the fourth quarter in part from declining costs, even as unfavorable foreign currency translation dented the top line. The maker of Pop-Tarts and Rice ...