(Bloomberg) -- European gas-storage levels fell to their lowest for this time of year in almost two decades after the war in the Middle East drove up prices and stalled winter stockpiling, leaving governments with a growing dilemma as the heating season approaches.Most Read from BloombergTrump Says US to Hold Off Iran Attack If Deal AgreedSaudi Prince Concerned Over Trump’s Iran Strike Plan: AxiosTrump Says Iran Talks to Begin Monday After Scrapping AttackSingapore's Gated Island for the Rich Is
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The e-commerce giant also will use the $600 million it has recouped from invalidated tariffs to lower prices for shoppers, per a Thursday earnings call.
Stabilus (ETR:STM) said third-quarter revenue was close to €300 million and adjusted EBIT margin improved to 10.8%, despite lower sales tied largely to weakness in China and continued pressure in automotive markets. The company said revenue was approximately 4% to 4.5% below the prior-year quarter,
Base Power, co-founded by Michael Dell’s son, lands a $13 billion valuation as electricity demand and battery storage are booming.
(Bloomberg) -- Treasury Secretary Scott Bessent’s debt-management team has rebuffed Wall Street suggestions to tweak its guidance for future sales of US Treasuries for so long now that many dealers have abandoned predicting a change anytime soon.Most Read from BloombergTrump Says US to Hold Off Iran Attack If Deal AgreedSaudi Prince Concerned Over Trump’s Iran Strike Plan: AxiosSingapore's Gated Island for the Rich Is Marred by Decayed HomesTrump Says Iran Talks to Begin Monday After Scrapping A
(Bloomberg) -- Momentum-style equity investing is poised to rebound from a sharp retreat as sectors with strong earnings replace chip stocks in leading the market’s gains, Morgan Stanley strategist Michael Wilson said.Most Read from BloombergTrump Says US to Hold Off Iran Attack If Deal AgreedSaudi Prince Concerned Over Trump’s Iran Strike Plan: AxiosSingapore's Gated Island for the Rich Is Marred by Decayed HomesTrump Says Iran Talks to Begin Monday After Scrapping AttackCrushed by Kospi Rout,
The corporate world has taken more than just algorithms and platforms from the tech world. It has absorbed some of the tech mindset, too.
Recent earnings reports by the so-called hyperscalers have driven expectations even higher for their collective AI spending plans. Goldman Sachs credit strategists estimate that approximately $400 billion in highly rated investment-grade bonds could be issued directly by hyperscalers globally in 2027. A group of investment-grade hyperscalers tracked by Barclays credit strategists includes Alphabet Amazon.com Meta Platforms Microsoft Oracle and SpaceX. The spread offered by these companies’ bonds over benchmark Treasurys has widened by almost a quarter percentage point over the past month through July 30, according to tracking by Barclays.
India has proposed extending tax exemptions until 2041 for foreign companies that provide machinery to contract manufacturers, handing a major win to Apple which had lobbied for such changes, and is fast expanding in the market. India has been a key market for Apple as it diversifies iPhone manufacturing beyond China, and the South Asian nation is set to make 26% of the world's iPhones in 2026, up from 6% four years ago, according to Counterpoint Research. According to a draft of the proposed tax amendments seen by Reuters, "to provide (tax) certainty" the government has extended tax breaks until March 31, 2041 to foreign companies that provide equipment to their contract manufacturers in India.
SkyWater will continue serving aerospace, defence, and commercial markets while adding IonQ’s quantum technologies.
Luxury electric car manufacturer Lucid (NASDAQ:LCID) will be reporting earnings this Tuesday afternoon. Here’s what to look for.
Investing.com - A whipsawing Middle East conflict takes center stage once again as the new trading week gets underway. A key U.S. jobs report will be in focus later in the week, along with data tracking activity in the American manufacturing and services sectors. SpaceX will unveil its first quarterly earnings report since its historic initial public offering, while earnings from Advanced Micro Devices could shed some light on the state of the artificial intelligence boom.
Microsoft's earnings report was a big win for bulls.
A Fed divided against itself cannot stand.
The chipmaker's entire valuation rests on a single segment's revenue. That figure gets updated this week.
Aerospace and defense company Kratos (NASDAQ:KTOS) will be reporting earnings this Tuesday after market close. Here’s what to expect.
Global pharmaceutical company Merck (NYSE:MRK) will be announcing earnings results this Tuesday before market hours. Here’s what investors should know.
Defense contractor Leidos (NYSE:LDOS) will be announcing earnings results this Tuesday morning. Here’s what investors should know.
The monthly jobs report comes out Friday. Before that, Elon Musk’s SpaceX will post its first earnings report as a listed company. Also reporting: Walt Disney; tech companies Palantir and Advanced Micro Devices; ride-sharing firms Uber and Lyft; private-equity firms Apollo, Carlyle and TPG; and fast-food chains McDonald's and Wendy’s.
Construction equipment company Caterpillar (NYSE:CAT) will be reporting results this Tuesday morning. Here’s what you need to know.
SpaceX's Q2 results are especially important with the company's first lockup expiration looming.
The move would mark one of the industry’s largest ever deals and create the world’s fourth largest pharmaceutical company.
Global pharmaceutical company Pfizer (NYSE:PFE) will be reporting earnings this Tuesday before market hours. Here’s what to expect.
A new breed of aircraft—half-helicopter, half-drone—begin real world tests across the U.S. this summer thanks to a federal program. First up is cargo, with passengers close behind.
Investors will focus on Starlink profits, AI revenue, and the company’s rapidly rising AI spending.
All indexes closed last week in the green amid strong earnings from multiple technology companies, offsetting higher capital expenditure concerns.
Scientific instrument company Bruker (NASDAQ:BRKR) will be announcing earnings results this Tuesday before market open. Here’s what to look for.
Palantir saw sales growth of 85% last quarter. The Wall Street consensus is that both sales growth and margin will begin to fall off when it reports earnings Monday.
Social commerce platform Pinterest (NYSE: PINS) will be reporting results this Tuesday after market hours. Here’s what investors should know.