[ad_1] The Walt Disney Company (NYSE: DIS) announced first-quarter 2023 results Wednesday after regular trading hours, reporting a drop in adjusted earnings despite an increase in revenues. The Burbank-headquartered entertainment behemoth said adjusted profit decreased to $0.99 per share in the December quarter from $1.06 per share a year earlier. On a reported basis, net … Read more
[ad_1] © Reuters. FILE PHOTO: A man enters the Bourse Istanbul in Istanbul December 17, 2013. Picture taken December 17, 2013. To match TURKEY-STOCK/NASDAQ REUTERS/Murad Sezer (Reuters) – Turkey’s Borsa Istanbul issued a market-wide circuit breaker after the benchmark index dropped 5% within minutes of opening on Wednesday, continuing losses after a devastating earthquake in … Read more
[ad_1] © Reuters. FILE PHOTO: Federal Reserve Chair Jerome Powell speaks in a news conference in Washington, U.S., February 1, 2023. REUTERS/Jonathan Ernst/File Photo (Reuters) – U.S. stock index futures fell on Monday as investors await more corporate results this week and a crucial speech by U.S. Federal Reserve Chairman Jerome Powell to assess the … Read more
[ad_1] Chinese tech stocks crashed today amid the escalations in US-China tensions following the shooting down of suspected Chinese spy balloon by the US. After the balloon incident, Secretary of State Antony Blinken also canceled his Beijing visit. US-China tensions have not come down in Biden’s tenure and if anything, they might have only increased. … Read more
[ad_1] Michael M. Santiago/Getty Images News Major market averages opened to the downside after triple-A megacap buzzkills stopped the Big Tech party. Furthering the fuel was the pop in nonfarm payrolls data. Early on and the Nasdaq Composite (COMP.IND) lost 1.1% as it gave back some of the previous session’s big gains after Apple (AAPL), … Read more
[ad_1] © Reuters. FILE PHOTO: Signage for Cigna is pictured at a health facility in Queens, New York City, U.S., November 30, 2021. REUTERS/Andrew Kelly By Leroy Leo (Reuters) -Cigna Corp beat Wall Street estimates for quarterly profit on Friday, aided by a sharp fall in medical costs due to lower COVID-19-related hospitalizations. Health insurers … Read more
