According to a recent market report by the International Energy Agency (IEA), global electricity demand is anticipated to decelerate this year due to the ongoing energy crisis and economic slowdown…
Carvana, the online car retailer, reported a narrower loss in the second quarter as revenue decreased but still surpassed analyst expectations. The company's shares surged in premarket trading following the…
Alcoa, the Pittsburgh-based aluminum producer, is set to announce its second-quarter earnings after the market closes on Wednesday. Here's what you need to know: Total Revenue According to FactSet, Alcoa…
Carvana stock bounced back in premarket trading on Wednesday following its announcement of the best-ever quarter for profit and a debt restructuring deal. The company also revealed plans to raise…
By Anthony O. Goriainoff Royal Philips, the Dutch health-technology company, has announced an upward revision of its guidance for 2023 following a significant increase in group sales during the second…
The outlook appears promising as Meta Platforms Inc. prepares to disclose its fiscal second-quarter results on Wednesday. Impressive Analyst Sentiment Meta shares (META) have experienced an astounding surge in the…
By Adriano Marchese Stocks in Toronto showed moderate gains on Monday at midday, as Canadian earnings season prepares to kick off this week. While stocks in energy, process industries, and…
Chocoladefabriken Lindt & Spruengli, the Swiss chocolatier, has announced an upgrade to its full-year guidance following impressive financial results in the first half of the year. The company reported higher…
Oil futures are showing slight gains in early trading on Tuesday, reaching their highest levels in three months. Investors are closely monitoring signs of tightening supply and anticipating central bank…
China has made a significant change in its foreign affairs department, removing the outspoken Foreign Minister Qin Gang from office. In a surprising move, Qin's predecessor, Wang Yi, has been…
Li Auto, the Chinese electric-car maker, has announced its turnaround to profitability in the second quarter, driven by strong sales and improved profit margins. Financial Performance Li Auto posted a…
Coca-Cola HBC, the London and Athens-listed bottler for Coca-Cola, has reported a higher pretax profit for the first half of 2023. The company's strong performance was driven by improvements in…