Pfizer topped analysts’ expectations with its first-quarter earnings report, despite a sales decline driven by the lower demand for the company’s Covid vaccine.
This tech stock can rally 25% as PC market bottoms, Morgan Stanley says
Morgan Stanley thinks the personal computer market has likely bottomed and has pegged Dell Technologies as big beneficiary.
‘Other problems might be lurking’: Strategist is unconvinced by Jamie Dimon’s bank crisis comments
JPMorgan Chase CEO Jamie Dimon’s assertion that turmoil in the banking sector was effectively ended by the resolution of First Republic may be premature, one analyst has suggested.
Tesla hikes prices in U.S., China and other markets after multiple cuts
Tesla increased the price of vehicles including its Model 3 and Model Y in the U.S., China, Canada, and Japan.
‘We love competition’: Qatar Airways CEO welcomes new Saudi carrier
“We will compete like we have been competing all these years,” Qatar’s CEO Akbar Al Baker said at the Arabian Travel Market conference in Dubai.
Euro zone core inflation slows unexpectedly in April, blurring the picture for rate hikes
Inflation in the euro zone rose in April, according to preliminary data released Tuesday, remaining significantly above levels targeted by the European Central Bank.
Singapore’s largest lender expects net interest margins will decline, but sees other growth drivers
With limited upside from these levels, CEO Piyush Gupta said he expects the pace of decline will be very gradual and not “falling off a cliff.”
Ukraine war live updates: Putin warned of arrest if he attends summit; Kremlin rejects U.S. claim of 100,000 Russian casualties
The White House estimated that Russia’s military suffered 100,000 casualties in the last five months of fighting in the area around Bakhmut and other areas.
BP beats first-quarter profit expectations but shares slide 5% on slowing buyback program
The first-quarter results come after a year of whopping profits for Big Oil.
Vice Media reportedly preparing to file for bankruptcy
Its potential bankruptcy comes as several other media firms have had to downsize in recent months due to a challenging economy and a weak advertising market.