Meta surges with record $196 billion gain in stock market value
By Samrhitha A, Aishwarya Venugopal and Chuck Mikolajczak (Reuters) -Meta Platforms added $196 billion in stock market value on Friday,…
Month: February 2024
Exxon beats estimates, ends 2023 with a $36 billion profit
By Sabrina Valle HOUSTON (Reuters) -Exxon Mobil on Friday posted a better-than-expected $36 billion profit for 2023, lifted by fuels…
Short sellers targeting regional bank stocks up $1 billion -Ortex
NEW YORK (Reuters) – Short sellers targeting shares of a group of U.S. regional banks, including New York Community Bancorp,…
Wall Street ends higher; earnings, jobs report in focus
By Stephen Culp (Reuters) -U.S. stocks rebounded on Thursday as investors looked to a spate of high-profile earnings and the…
Elon Musk bashed by heavy metal drummer who cost him $56 billion
By Tom Hals WILMINGTON, Delaware (Reuters) – Elon Musk suffered one of the biggest legal losses in U.S. history this…
Google parent Alphabet ad revenue disappoints, CapEx up; shares sink 6%
By Jeffrey Dastin and Akash Sriram (Reuters) -Alphabet disappointed Wall Street on Tuesday as holiday-season advertising sales came in below…
Shell boosts dividend after $28 billion profit for 2023
By Ron Bousso LONDON (Reuters) -Shell reported a $28 billion profit for 2023 on Thursday after beating fourth quarter earnings…
Stanley Black and Decker beats quarterly profit on price hikes, cost controls
(Reuters) – Stanley Black & Decker beat analysts’ expectations for fourth-quarter profit on Thursday, as the tools and industrial equipment…
Amer Sports discounts IPO as investors fret about its reliance on China
By Echo Wang and Scott Murdoch (Reuters) – Amer Sports raised $1.37 billion in a discounted U.S. initial public offering…
Adidas predicts 2024 operating profit leap after Kanye West break-up
MUNICH (Reuters) – German sportswear maker Adidas expects operating profit to nearly double to about 500 million euros ($542.3 million)…