Qualcomm sees third-quarter revenue below estimates, shares drop 6%
By Arsheeya Bajwa and Max A. Cherney (Reuters) -Qualcomm on Wednesday forecast third-quarter revenue just shy of Wall Street estimates,…
Author: Trading Reports Daily
Albemarle posts loss on sliding lithium prices, keeps 2025 outlook
(Reuters) -Albemarle, the world’s largest producer of lithium for electric vehicle batteries, posted a small quarterly loss on Wednesday due…
UnitedHealth names insider Patrick Conway as Optum CEO
(Reuters) -UnitedHealth Group on Tuesday said insider Patrick Conway will take on the top job at Optum, its health services…
Visa beats profit estimates on strong card spending volumes, plans $30 billion buyback
(Reuters) -Visa beat Wall Street estimates for quarterly profit on Tuesday, as the world’s largest payment processor benefited from a…
Starbucks posts bigger-than-expected drop in global sales on weak U.S. demand
(Reuters) – Starbucks posted a bigger-than-expected drop in quarterly global comparable sales on Tuesday, as demand remained sluggish for its…
UBS hires banker Kelvin Quezada from Barclays to bolster M&A
By Sabrina Valle NEW YORK (Reuters) – Kelvin Quezada is set to join UBS as managing director in the Unified…
Chip design software maker Cadence raises annual forecasts on steady AI demand
(Reuters) -Cadence Design Systems raised its forecasts for annual revenue and profit on Monday, betting on resilient demand for its…
PepsiCo’s Gatorade defeats banned sprinter’s lawsuit over ‘recovery gummies’
By Jonathan Stempel NEW YORK (Reuters) – PepsiCo’s Gatorade unit on Monday won the dismissal of a lawsuit by former…
After yield surge, US Treasury expected to keep auction sizes steady
By Karen Brettell NEW YORK (Reuters) -The U.S. Treasury Department is expected to leave most of its auction sizes unchanged…
IBM to invest $150 billion in US over next five years to aid quantum push
By Zaheer Kachwala and Aditya Soni (Reuters) -IBM will invest $150 billion in the U.S., including on facilities for quantum…