Articles

The luxury conglomerate posted a 3% increase in its organic revenue in the face of a post-COVID slump that has hit rivals including Kering and Burberry

Bond yields are little changed early Wednesday, but holding near the highest level since November, as investors come to terms with the Federal Reserve keeping interest rates high for longer.

Adidas shares rallied on Wednesday as the athletics apparel maker continued its recent practice of pre-releasing results that were ahead of estimates.

ASML Holding, the Dutch microchip equipment maker whose machines are so high tech that the U.S. limits what it can sell to China, on Wednesday reported worse-than-expected orders and a sharp drop in profit as the company works through what it calls a transition year.

‘I don’t plan on taking my eye off the ball anytime soon,’ Scheffler said about his dominant run.

New Zealand’s consumer prices rose by less than expected in the first three months of this year, giving the country’s central bank more latitude to join global counterparts which have either cut interest rates or are considering doing so.

Even if they’re not acquired, these small companies are developing promising obesity and diabetes treatments.

Investors largely took Federal Reserve Chair Jerome Powell’s comments on the outlook for interest rates in stride on Tuesday — a development that might have come as a surprise to some market watchers.

Videogame maker Take-Two Interactive Software Inc. said late Tuesday it will lay off about 5% of its workforce, cancel games and streamline its operations as it aims to save about $165 million a year.

Shares of J.B. Hunt Transport Services Inc. fell 6% in the extended session Tuesday after the transportation company reported drops in its quarterly profit and revenue after weaker demand.

A growing black market has allowed users to bypass local restrictions on Starlink.

Shares of United Airlines Holdings Inc. rallied after hours on Tuesday, after the airline forecast a second-quarter profit that was above expectations, helped by strong demand and a rebound in business travel.