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news.sky.comThe online grocery technology company reported sharply lower profits for the six months to 31 May. Its co-founder and chief executive said he plans to step down in 2028 but will remain available to support the business.
The S&P 500 rose 0.4 per cent and the Dow Jones Industrial Average gained 175 points after several large companies reported stronger quarterly results and a wholesale inflation reading came in below expectations.
Brent crude climbed to $81.92 a barrel after the United States and Iran each said the strait is under its control. Fighting has blocked tanker traffic, and U.S. officials called for a 20 percent payment on cargo to cover protection costs.
Los Angeles TimesDelta Air Lines is extending its basic-economy model to premium cabins, providing the same seats, meals and service at reduced prices while cutting extras such as mileage earnings, lounge access and change flexibility.
ForbesDelta Air Lines reaffirmed its 2026 earnings outlook and issued a stronger third-quarter forecast. The airline said it recovered most of the spring fuel-cost increase through higher fares.
YonhapMeta shares opened 4.3 percent lower, the largest single-day decline since July 2. The move followed mixed signals on capital spending plans.
zerohedge.comU.S. equity futures opened mixed Tuesday. Technology shares declined after Samsung Electronics reported preliminary second-quarter results and a Chinese firm disclosed plans for a new AI chip.
Exxon Mobil and Chevron are expected to post second-quarter earnings more than triple their first-quarter results. The gains follow a rise in crude prices after supply disruptions in global energy markets.
The IndependentManchester Airport Group posted slower passenger growth for the year ending March 31. Pre-tax profit rose 4.5% while revenues increased 12.8%. The company cited geopolitical pressures linked to the Iran-US conflict.
Wall Street indexes showed mixed results with the S&P 500 nearly unchanged and the Dow Jones Industrial Average rising slightly. Technology stocks fell while other sectors advanced. Australian futures pointed to a modest decline at the open.
thedrinksbusiness.comNike posted a small revenue gain for its fourth quarter while noting continued sales weakness in China and issuing a cautious outlook. The company said its new chief executive's turnaround plan faces ongoing challenges.
news.sky.comFutures indexes opened modestly higher ahead of the trading session. Two technology companies moved on separate regulatory and earnings developments.
The IndependentProsus posted higher group revenues and earnings for the year after completing its £3.6 billion purchase of Just Eat Takeaway. The company also recorded revenue and adjusted profit from the delivery platform in the first six months of ownership.
SemaforHewlett Packard Enterprise reported a 40% year-on-year revenue increase and said it would meet long-term targets two years early. The company completed its $14 billion acquisition of Juniper Networks last July and has begun shipping combined products.
Alphabet shares rose 0.5 percent in premarket trading after the announcement. Verizon shares fell 0.5 percent.
bmwblog.comBMW lowered its full-year profit guidance Wednesday after reporting weaker sales in China and supply disruptions linked to the Iran conflict. The company attributed both factors to the decision.
japantimes.co.jpInCommodities reported fiscal 2025 pre-tax profit of €2.95 million, down from €72.5 million the prior year. The Goldman Sachs-backed firm is moving into U.S. physical natural gas markets as European volatility declines.
news.sky.comWH Smith lowered its full-year profit forecast after revenues at its airport stores in the United States and United Kingdom declined. The company will raise about £100m through a share issue and close some underperforming locations.
forbes.comVisa posted net revenue of $11.2 billion for the second quarter of 2026, marking 17% year-on-year growth. Company officials attributed the increase to higher payments volume, cross-border activity, and processed transactions rather than newer digital initiatives.
rediff.comU.S. equity futures advanced ahead of the open. Multiple companies announced earnings results, dividend changes, and acquisition agreements.
deccanchronicle.comMajor U.S. equity indexes opened higher Tuesday following reports of an immediate ceasefire between Israel and Iran. Treasury yields and oil prices also moved as markets assessed the developments.
manilatimes.netXunce Technology posted operating revenue of RMB 1.285 billion in 2025, more than double the prior year. The company narrowed its adjusted net loss and recorded a profit in the second half of the year.
The dairy company said it remains on track to complete senior facilities refinancing by June 30, 2026, while replacing its existing NZ$130 million Bright loan with a new facility on similar terms.
gamereactor.euThe Trump administration is considering taking ownership positions in major artificial intelligence firms. The move follows a public-ownership proposal from Sen. Bernie Sanders and comes as lawmakers examine industry practices.
pbs.orgPayrolls rose for a third straight month while corporate profits and seasonal hiring supported gains in health care and leisure. Economists noted continued weakness in hiring and quits rates alongside long-term unemployment.
U.S. stocks advanced with the S&P 500 gaining 0.4 percent and the Dow Jones rising 812 points while oil prices dropped and several technology shares declined. Australian futures pointed to a 0.4 percent gain at the open after the ASX fell 1.1 percent the previous day.
Substrate placeholder — needs reviewThe company stated that artificial intelligence tools increased engineer productivity and prompted slower hiring. Officials said spending on AI applications used the full yearly allocation within three months.
forbes.comThreeD Capital Inc. released unaudited financial results for the periods ending March 31 2026. The company reported cash, investments and digital assets totaling $20.7 million and a net asset value per share of $0.24.
onemileatatime.comHyatt CEO Mark Hoplamazian discussed consumer trends and luxury travel demand during a CNBC interview. The comments addressed growth opportunities in the sector.
U.S. stock indexes advanced after companies reported stronger profits and oil prices retreated following reports of a tentative 60-day extension of the Iran ceasefire. The S&P 500 reached a new record while futures pointed to a higher open for the Australian sharemarket.
focustaiwan.twThe S&P 500 set a new record on Wednesday after nine record closes in May. The index rose despite higher gasoline prices and lower consumer confidence readings.
foxbusiness.comU.S. stock futures declined Thursday after American forces struck an Iranian ground control station and shot down four drones near the Strait of Hormuz. The 10-year Treasury yield stood at 4.50 percent and markets priced a 99.1 percent chance the Federal Reserve will hold rates s…
EHang Holdings Limited announced it will report unaudited financial results for the quarter ended March 31, 2026, before U.S. markets open on June 9. Management will host a conference call the same morning.
forbes.comGeneDx Holdings Corp. shares dropped 49 percent on May 5, 2025, after the company reported a larger-than-expected quarterly loss and lowered its 2026 revenue outlook. The decline erased more than $900 million in market value.
Citigroup posted its strongest quarterly revenue in ten years during April, with all five business divisions posting gains. The bank also recorded a 13.1 percent return on tangible common equity, its highest level since 2021.
bloombergquint.comYatra Online held its fiscal fourth quarter and full year 2026 earnings call on May 25, 2026. The company reported revenue from operations of INR 10,074 million and adjusted EBITDA of INR 564 million.
Substrate placeholder — needs reviewA holiday-shortened trading week will feature the second estimate of first-quarter GDP, new-home sales data and the PCE inflation index. Several companies are scheduled to appear at the Bernstein Strategic Decisions Conference.
app.buzzsumo.comSchneider Electric stated that its India data center business is expanding at a higher rate than its overall operations, citing demand linked to artificial intelligence infrastructure.
BloombergU.S. companies are reducing public statements about recent improvements in margins and inflation data. The restraint follows concerns that such comments could affect pricing discussions and regulatory scrutiny.
Walmart said higher gasoline prices are prompting U.S. consumers to reduce spending. The retailer lowered its sales growth forecast for the current quarter.
Ubisoft shares fell 14 percent on Thursday after the game developer reported an operating loss and warned of continued declines in the coming year. The company posted full-year results showing lower net bookings and outlined ongoing restructuring measures.
techjuice.pkSingtel stated that it has no operations in the Middle East and therefore limited direct exposure to the region's current situation. The company also projected low to mid-single digit EBIT growth for the fiscal year and capital expenditure of about S$3.0 billion.
Nvidia reported sales of $91 billion for the three months ending in July. The company also raised its quarterly dividend and announced $80 billion in stock repurchases.
Financial TimesNvidia reported revenue and forecasts that exceeded expectations. The company also announced plans to return more than $80 billion to shareholders.
The company posted revenue above analyst expectations for the 15th consecutive quarter. The result continues a streak that began in late 2022.
Substrate placeholder — needs reviewAT&T restated its full-year 2026 and multi-year financial guidance. The company also projected higher year-over-year growth in wireless service revenue and adjusted EBITDA for the second quarter.
The S&P 500, Dow Jones and Nasdaq all climbed on Thursday as Cisco Systems reported higher profit and revenue than analysts expected for the start of 2026. Australian sharemarket futures pointed to a 0.7 per cent gain at the open. Corporate earnings have been led by demand for ar…
A survey of financial services CEOs found most expect artificial intelligence investments to maintain or increase staffing levels in 2026. Executives at several large banks have described using AI to automate tasks, improve productivity and slow hiring. Some leaders said the tech…
uctoday.comThe company recorded its first annual loss since 1957 after scaling back electric-vehicle plans. It took a multibillion-dollar charge related to the pullback. The automaker had previously committed to an aggressive shift toward electric vehicles.
realclearmarkets.comMarketWatch identified 20 companies in the S&P 500 index that have reported both increasing sales and expanding profit margins. The selection highlights firms showing simultaneous improvement on these two financial measures. Such performance can signal operational efficiency and…
The TimesBritain’s second-biggest housebuilder reported stronger open-market sales in 2026 after reducing prices and offering more incentives, but said the moves will leave first-half pre-tax profits significantly lower than a year earlier. Vistry now forecasts adjusted pre-tax profit of…
Major U.S. indexes fell from all-time highs on May 12, 2026, led by sharp declines in artificial-intelligence related stocks. Brent crude climbed to $108.05 per barrel after the war with Iran shut the Strait of Hormuz. A report showed U.S. inflation accelerated more than expected…
news.ycombinator.comProspects for a negotiated end to the month-old U.S.-Iran conflict diminished after Tehran delivered what officials called an unacceptable counterproposal to a U.S. ceasefire offer. Oil prices rose sharply on the news while European and U.S. stock futures fell. Energy Secretary w…
winnipegfreepress.comSaudi Aramco reported adjusted net income of $33.6 billion for the first quarter, up 26% from a year earlier and beating analyst forecasts. The company's East-West Pipeline hit its maximum capacity of 7 million barrels per day amid disruptions in the Strait of Hormuz caused by th…
Wall Street climbed to all-time highs after a report showed US employers added far more jobs than expected last month. The S&P 500 and Nasdaq both set records while the Australian sharemarket is set to open lower. Oil prices rose after US forces disabled two Iranian tankers in th…
japantimes.co.jpThe company said its net income for the first quarter reached levels supported by higher oil prices even as export volumes declined. The increase comes amid ongoing regional conflicts that have affected global energy markets. Saudi Aramco did not provide an absolute profit figure…
nypost.comEleven longtime bowlers filed suit Wednesday in Washington federal court against Lucky Strike Entertainment, owned by Bowlero Corp. The complaint alleges the company has tripled prices at some locations while controlling 35 percent of U.S. industry revenue. Bowlero called the cla…
cnet.comNintendo will increase the U.S. price of the Switch 2 from $449.99 to $499.99 effective September 1 and the Japan price from 49,980 yen to 59,980 yen effective May. The company expects to sell 16.5 million units in the fiscal year ending March 2027, down from 19.86 million the pr…
Financial TimesSaudi Aramco posted net profit of $33.6 billion for the first quarter as higher oil prices from the regional conflict offset lower production and exports. The company maximized use of its East-West pipeline to bypass the closed Strait of Hormuz. Meanwhile Toyota reported a £3 bil…
The chief executives of Nvidia, Apple and Exxon will accompany President Trump on an upcoming visit to China. The trip comes as companies seek tariff refunds after the Supreme Court ruled Trump's duties illegal in February 2025, triggering a refund portal that could cost the U.S.…