Tag: Markets

Boeing taps former Collins Aerospace CEO Kelly Ortberg to replace Dave Calhoun

Kelly Ortberg, chief executive officer of Rockwell Collins Inc., stands for a photograph at the company's production facility in in Manchester, Iowa, U.S.,...

Banks get bullish on the British pound despite the possibility of an imminent snapback

LONDON — With sterling as one of the best performing major currencies so far this year, analysts at various investment banks believe that...

Boeing is set to report results before the market opens. Here’s what Wall Street expects

A logo is seen on the Boeing stand on the opening day of the Farnborough International Airshow 2024, south west of London, on...

Uber to start using BYD cars in Europe, Latin America and develop ‘autonomous-capable vehicles’

BYD launched the BYD Seal in Europe at the IAA auto show in Munich, Germany. The electric sedan has a starting price of...

AMD jumps 9% in premarket trading as global chip stocks rally after earnings and geopolitics lift sector

Shares of global semiconductor firms rallied on Wednesday as they were boosted by some positive earnings in the sector and a report of...

Why orange juice is so expensive

U.S. orange production has plummeted as the industry faces volatile threats from extreme weather events, an incurable disease and economic pressures.Citrus growers are...

ASML shares pop 7% after report that U.S. will exempt allies from new China chip restrictions

Shares of ASML jumped as much as 10% on Wednesday after a Reuters report suggested that the company could be exempted from expanded...

Bank of England’s rate cut is on a knife-edge even with inflation on target

The Bank of England in the City of London.Mike Kemp | In Pictures | Getty ImagesLONDON — Inflation in the U.K. may have...

HSBC reports narrow first-half profit decline, beats expectations

Aaron P | Bauer-Griffin | GC Images | Getty ImagesEurope's largest lender HSBC posted a narrow decline in pretax profit in the first...

We’re upgrading Microsoft after earnings. The stock has pulled back enough lately

Microsoft delivered an overall strong quarter after Tuesday's market close, but a miss on Azure revenue growth put shares under pressure in extended-hours...

Starbucks’ turnaround takes an encouraging step forward. Here’s what we what to see next

Starbucks served up better-than-feared quarterly results Tuesday night, sending shares of the coffee giant higher in extended trading. The company is by no...