Tag: “Sector”

Amazon ’s cloud computing unit plans to invest $12.7 billion in India by 2030 to meet growing demand for cloud services in the world’s most populous country, the company announced Thursday.

British airline easyJet said it was confident ahead of the summer season, when it makes all its profit, helped by strong booking levels, higher ticket prices and the growth of its holidays business.

Tencent reported an 11% jump in quarterly revenue Wednesday, marking its fastest growth in more than a year, as the company saw a big rebound in payment volumes, ad sales, and gaming.

Target on Wednesday topped Wall Street’s earnings expectations, even as the discounter’s sales barely grew year over year and its shoppers bought more necessities.

Tesla CEO Elon Musk addressed shareholders at the company’s annual meeting on Tuesday, predicting the economy would pick up after 12 months and promising the company would deliver production Cybertrucks later this year.

UBS estimates a financial hit of around $17 billion from its emergency takeover of Credit Suisse, according to a regulatory filing, and said the rushed deal may have affected its due diligence.

Shares of U.S. regional lenders climbed on Wednesday, looking to break out of range-bound trading as an update on Western Alliance Bancorp’s deposit levels soothed concerns that the banking crisis was getting worse.

Shares in Manchester United jumped 8% in premarket trading Wednesday following reports that Qatari banker Sheikh Jassim Bin Hamad Al Thani has made an improved bid for the soccer club.

Star Bulk Carriers (SBLK) came out with quarterly earnings of $0.36 per share, beating the Zacks Consensus Estimate of $0.28 per share.

Keysight Technologies Inc., shares rallied more than 7% in the extended session Tuesday after the electronic design and test solutions company’s results and outlook topped Wall Street expectations.

Ford said on Monday it was working to reduce costs in China as it strives to recover from a long sales slump in the world’s largest auto market.

European regulators are expected to approve Microsoft’s $69 billion deal for Activision Blizzard imminently. A European approval wouldn’t clear the path for acquisition to go ahead, but it would be a helpful point of reference for Microsoft as it takes on objections in the U.S. and U.K.

Newmont has agreed to buy Australian gold and copper miner Newcrest for $17.5 billion in what would be the largest ever gold-mining deal.

British American Tobacco appointed finance director Tadeu Marroco as CEO on Monday, succeeding Jack Bowles who is stepping down after about four years.

C3.ai AI shares rose early Monday after the company said it is on track to beat its guidance for its fiscal fourth quarter. It’s a boost for the artificial-intelligence software provider as it aims for profitability.

Σε περαιτέρω μείωση των κόκκινων δανείων κατά 3,1 δισ. ευρώ και του αντίστοιχου δείκτη στο 4% από 7% το 2022 στοχεύουν οι τέσσερις συστημικές τράπεζες με βάση τα επιχειρησιακά σχέδια που έχουν υποβάλει για την τριετία έως το 2025.

Σε πρόωρη εθελοντική αποπληρωμή δανεισμού, που είχαν αντλήσει από την ΕΚΤ, μέσω πράξεων μακροπρόθεσμης χρηματοδότησης (TLTRO III), προχωρούν οι τράπεζες, αξιοποιώντας τα υψηλότερα επίπεδα καταθέσεων της τελευταίας 10ετίας.

Αυστηρότερη εποπτεία των ευρωπαϊκών τραπεζών -ειδικά όσων παρουσιάζουν υψηλά υπόλοιπα κόκκινων δανείων- και αυστηρότερες απαιτήσεις στον σχηματισμό προβλέψεων ζητά το Ευρωπαϊκό Ελεγκτικό Συνέδριο από την Ευρωπαϊκή Κεντρική Τράπεζα.

Novavax said Tuesday that it would cut around a quarter of its workforce as it reported a steeper fall in revenue than expected for the first quarter of the year. Shares surged as investors bet the move could save enough money to to allow the Covid-19 vaccine manufacturer to bring new shots to the market.

PacWest Bancorp and other regional bank stocks fell early Tuesday as market jitters appeared to resurface after a two-day rally.