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Market updates
Santander sees profits slump 31%, but hopes for second half ‘tailwinds’ boost
July 24, 2024 09:32 PM AEST| By EODHDSantander UK has seen half-year profits slump by almost a third after being knocked by shrinking mortgage lending and higher savings rates, but is hoping for a boost from “tailwinds” over the final si...
Spanish Bank Santander Raises 2024 Guidance After Earnings Beat
July 24, 2024 09:32 PM AEST| By EODHDSpanish bank Santander raised its revenue guidance for the year after profits rose in the second quarter, .outpacing consensus forecasts. Continue reading View comments()
Arrowhead Pharmaceuticals to Webcast Fiscal 2024 Third Quarter Results
July 24, 2024 09:30 PM AEST| By EODHDPASADENA, Calif., July 24, 2024--(BUSINESS WIRE)--Arrowhead Pharmaceuticals, Inc. (NASDAQ: ARWR) today announced that it will host a webcast and conference call on August 8, 2024, at 4:30 p.m. ET to d...
General Dynamics business jet revenue jumps 50%
July 24, 2024 09:05 PM AEST| By EODHDGeneral Dynamics reported an 18% rise in second-quarter revenue on Wednesday, helped by higher demand for its ammunitions and nuclear-powered submarines. The Reston, Virginia-based company reported a...
Delta to return to normal operations Thursday as flight cancellations ease
July 24, 2024 08:57 PM AEST| By EODHDBy David Shepardson (Reuters) - Delta Air Lines reported sharply fewer cancellations Wednesday as the U.S. airline looks to return to normal after cancelling more than 6,000 flights since Friday. The...
Apple supplier Foxconn breaks ground on electric vehicle plant in China's Zhengzhou city
July 24, 2024 07:30 PM AEST| By EODHDFoxconn Technology Group, which runs the world's largest iPhone factory in the central Chinese city of Zhengzhou, has started building a "trial" electric vehicle (EV) plant there, as it aims to replic...
SES Space & Defense Awarded U.S. Army’s SATCOM as a Managed Service Pilot Contract
July 24, 2024 05:04 PM AEST| By EODHDSES Space & Defense will deliver managed subscription services to support the U.S. Army’s connectivity needs RESTON, Va., July 24, 2024--(BUSINESS WIRE)--SES’s wholly-owned subsidiary SES Space & Defe...
EasyJet records 16% rise in profits
July 24, 2024 04:33 PM AEST| By EODHDBudget airline easyJet has notched up a 16% increase in third-quarter profits and said it remains on track for a record summer performance. The carrier reported headline pre-tax profits of £236 millio...
Royal KPN Backs Guidance After Profit, Adjusted Earnings Beat Market Views
July 24, 2024 03:59 PM AEST| By EODHDKPN reaffirmed its 2024 guidance and said it remained on track to deliver its midterm targets, after the Dutch telecom posted better-than-forecast results in the second quarter. Continue reading View...
Kindred Group plc - Interim report: January - June 2024 (unaudited)
July 24, 2024 03:58 PM AEST| By EODHDSolid performance sets steady path towards our annual guidance SLIEMA, Malta, July 24, 2024 /PRNewswire/ -- Second quarter 2024 Total revenue was GBP 327.6 (307.3) million, an increase of 7 per cent....
BNP Paribas Posts Earnings Beat, Backs Guidance
July 24, 2024 03:12 PM AEST| By EODHDBNP Paribas backed its guidance for the year after posting better-than-expected earnings for the second quarter, with double-digit growth. in its institutional banking and capital markets units. Conti...
Japan protests against Russia's entry ban on 13 mostly business leaders over sanctions
July 24, 2024 02:36 PM AEST| By EODHDTOKYO (AP) — Japan's government said Wednesday it has protested against Russia's announcement that it is permanently banning 13 Japanese citizens, mostly business leaders of prominent companies includ...
easyJet jumps on Q3 trading update as passenger growth and holidays business boom
July 24, 2024 02:21 PM AEST| By EODHDInvesting.com – easyJet's (LON:EZJ) strong Q3 trading update sent shares soaring on Wednesday after it reported a surge in passenger numbers and a booming holidays business. Profits soar on passenger...
Foxconn to invest $138 million for new business headquarters in China
July 24, 2024 10:39 AM AEST| By EODHDBEIJING (Reuters) -Taiwan's Foxconn, the world's largest contract electronics maker and Apple's biggest iPhone assembler, said on Wednesday it plans to invest 1 billion yuan ($137.5 million) to constr...
Exclusive-Nvidia clears Samsung's HBM3 chips for use in China-market processor, sources say
July 24, 2024 09:03 AM AEST| By EODHDBy Fanny Potkin and Heekyong Yang SINGAPORE/SEOUL (Reuters) - Samsung Electronics' fourth-generation high bandwidth memory or HBM3 chips have been cleared by Nvidia for use in its processors for the f...
Google Stock Reverses Down On Margin Growth Outlook. Waymo Gets More Funding
July 24, 2024 08:40 AM AEST| By EODHDGoogle stock initially rose on Q2 results, but then reversed down as management signaled higher expenses in the September quarter, curtailing margin growth. Continue reading
Alphabet’s Revenue Boosted by Cloud Computing, Search Ads
July 24, 2024 08:25 AM AEST| By EODHD(Bloomberg) -- Google parent Alphabet Inc. reported second-quarter revenue that beat analysts’ expectations, boosted by demand for cloud-computing services and advertising on its search engine. Most R...
Alphabet Stock Price Falls After Google Parent Releases Results
July 24, 2024 07:02 AM AEST| By EODHDAlphabet shares were down nearly 2% in after-hours trading following a quarterly earnings release from the company that showed ad sales growth slowing. Here are the key numbers from the parent company...
Alphabet Second-Quarter Results Top Views on Google Search, Cloud Strength
July 24, 2024 06:33 AM AEST| By EODHDAlphabet Second-Quarter Results Top Views on Google Search, Cloud Strength
Google's corporate parent still prospering amid shift injecting more AI technology in search
July 24, 2024 06:30 AM AEST| By EODHDSAN FRANCISCO (AP) — Google’s corporate parent Alphabet Inc. delivered another quarter of steady growth amid an AI-driven shift in the ubiquitous search engine that is the, foundation of its internet...
AI on the Rise: A Look at Top AI Companies and Their Stocks