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Infosys shares fall as fourth-quarter revenue misses views

 stock analyst  04/18/2024  0 Comments on Infosys shares fall as fourth-quarter revenue misses views

(Updated – April 18, 2024 8:12 AM EDT) Infosys Limited (NS:INFY) shares plunged nearly 6% in early U.S. trading Thursday after the company missed analysts\’ fourth-quarter revenue estimates and issued downbeat guidance.

23andMe stock jumps as CEO plans to take company private

 stock analyst  04/18/2024  0 Comments on 23andMe stock jumps as CEO plans to take company private

23andMe Holding Co. (ME) stock rose sharply Thursday after it was revealed that Anne Wojcicki, the company\’s Chief Executive Officer and Co-Founder, plans to take the company private.

Morning Bid: Tech, FX clouds clear

 stock analyst  04/18/2024  0 Comments on Morning Bid: Tech, FX clouds clear

A look at the day ahead in European and global markets from Kevin Buckland

Adam Neumann moves to buy back WeWork as it seeks funds to exit bankruptcy, FT reports

 stock analyst  04/18/2024  0 Comments on Adam Neumann moves to buy back WeWork as it seeks funds to exit bankruptcy, FT reports

(Reuters) – WeWork Inc founder Adam Neumann has made a fresh push to buy back the firm even as it seeks hundreds of millions of dollars to emerge from bankruptcy and avoid a sale, FT reported on Thursday.

TSMC's first quarter profit rises 9%, beats forecasts

 stock analyst  04/18/2024  0 Comments on TSMC's first quarter profit rises 9%, beats forecasts

TAIPEI (Reuters) -Taiwanese chipmaker TSMC posted a 9% rise in first-quarter net profit on Thursday that beat market expectations as it rides a wave of demand for semiconductors used in artificial intelligence applications.

Industrials drive STOXX 600 higher as earnings season gathers steam

 stock analyst  04/18/2024  0 Comments on Industrials drive STOXX 600 higher as earnings season gathers steam

(Reuters) – European shares edged higher on Thursday, with the industrials lifting the benchmark index following ABB (ST:ABB)\’s upbeat results, while Germany-listed Sartorius was on track for its biggest drop in six months after bleak quarterly orders.

Discover Financial Services posts mixed Q1 results as earnings miss the mark

 stock analyst  04/18/2024  0 Comments on Discover Financial Services posts mixed Q1 results as earnings miss the mark

Investing.com — Discover Financial Services reported mixed first-quarter results Wednesday as earnings missed, but revenue beat analyst forecasts.

ABB shares jump as 2024 profitability outlook hike offsets Q1 revenue miss

 stock analyst  04/18/2024  0 Comments on ABB shares jump as 2024 profitability outlook hike offsets Q1 revenue miss

ABB Ltd (SIX:ABBN). (ABBNY) shares jumped more than 5% in European trading Thursday after the company hiked its profitability outlook for 2024.

EasyJet expects reduced first-half loss as summer demand accelerates, shares rise

 stock analyst  04/18/2024  0 Comments on EasyJet expects reduced first-half loss as summer demand accelerates, shares rise

EasyJet (ESYJY) shares added over 3% in London trading Thursday after the company said it expects a narrower headline pretax loss for the first half of 2024 amid growing demand for summer bookings.

Boeing's deliveries remain sluggish persist in April as safety crisis slows output

 stock analyst  04/17/2024  0 Comments on Boeing's deliveries remain sluggish persist in April as safety crisis slows output

Investing.com — Boeing Co (NYSE:BA) deliveries of aircraft likely remained sluggish in April following a slump in Q1 as aircraft continues to prioritize maintenance on existing aircraft rather than rollout new ones amid an ongoing safety crisis that has triggered multiple regulatory investigations, Bank of America said Tuesday, citing industry data.