Tag: “Sector”

Tencent on Wednesday reported a weaker-than-expected surge in profit for the second quarter, as cost-cutting measures began to pay off and sales rose across the company’s various businesses.

TJX Cos.  turned in better earnings and sales results than expected and raised fiscal-year guidance, sending the stock higher in premarket trading Wednesday.

Intel on Wednesday terminated its acquisition of Israeli chipmaker Tower Semiconductor, saying it failed to secure the required regulatory approval.

Coinbase Global said on Wednesday it had secured approval to offer cryptocurrency futures to U.S. retail customers, scoring a major regulatory win even as the crypto exchange battles a lawsuit from the Securities and Exchange Commission (SEC).

Target on Wednesday missed quarterly sales expectations and slashed its full-year forecast, as it again had trouble convincing shoppers to buy more than necessities.

Tesla has cut prices for its existing inventories of its premium Model S and Model X cars in China by as much as 6.9%, it said on Wednesday.

Cava on Tuesday posted a profitable quarter for its first earnings report since its initial public offering in June.

Chinese e-commerce firm JD.com beat Wall Street estimates for second-quarter revenue on Wednesday, as its focus on lower-priced products to attract customers amid an economic slowdown paid off.

Shares of Zim Integrated Shipping fell after the company’s revenue fell sharply due to lower shipping rates.

 BP  has invested in a start-up company developing technology seeking to use vapour from heavy industry to sharply reduce the production costs of zero-carbon hydrogen.

Blink Charging Co.  said Tuesday it’s expanding its electric vehicle charging infrastructure across Latin America, building out the more than 2,100 charges across eight countries it has already installed.

China’s Tencent Music Entertainment Group said on Tuesday second-quarter revenue rose 5.5% from a year ago, driven by growth in paying users on its Spotify-like music streaming platform and a recovery in the advertising market.

Home Depot topped earnings expectations on Tuesday, but posted a 2% year-over-year sales decline as customers remained wary of big purchases and major projects.

A Fitch Ratings analyst warned that the U.S. banking industry has inched closer to another source of turbulence — the risk of sweeping rating downgrades on dozens of U.S. banks that could even include the likes of JPMorgan Chase. 

British supermarket Marks and Spencer  said on Tuesday it expected profit growth for the year 2022-2023, with interim results likely to significantly improve against previous expectations.

Tesla rolled out cheaper versions of its Model S and Model X vehicles in the U.S. as competition in the electric vehicle space continues to ramp up.

Berkshire Hathaway took new equity positions in home-building, notably industry leader D.R. Horton , while reducing its stake in General Motors  and eliminating a holding in McKesson , according to a 13-F regulatory filing released late Monday.

Intel and Synopsys announced on Monday that the two companies have agreed to expand a strategic partnership in which Intel’s foundry customers will be able to license intellectual property from Synopsys.

Technology firm Sea Ltd missed estimates for second-quarter revenue on Tuesday, as consumers held back spending on Internet and discretionary services, sending its U.S.-listed shares down 12% in trading before the bell.

Στο «κάδρο» ξαναβάζει το ενεργειακό επιτελείο της κυβέρνησης τη φορολόγηση τυχόν υπερεσόδων που έχουν αποκομίσει οι προμηθευτές ρεύματος από τον Αύγουστο του 2022, οπότε είχε ξεκινήσει η εφαρμογή των έκτακτων μέτρων στην ενεργειακή αγορά με την ανακοίνωση κάθε 20 του μηνός των χρεώσεων της κιλοβατώρας (ονομαστική χρέωση) που θα ισχύει τον επόμενο μήνα.