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Uber tops revenue estimates on strong holiday season ride-hailing, delivery demand
Uber Technologies UBER.N surpassed market expectations for fourth-quarter revenue on Wednesday, as more people used the ride-hailing platform for office commutes and its delivery business benefited from strong holiday-season demand.
Feb 5, 2025
Wegovy sales double to boost Novo Nordisk's fourth quarter as growth set to slow
Shares up 5.3% at 1027 GMTQ4 sales, EBIT beatWegovy sales more than double in fourth quarterInvestors, analysts say results "good enough"Novo loses edge to Lilly on weekly Wegovy prescriptions in U.S. 2025 sales outlook slower than last yearAdds detail on share performace in paragraphs 5-6, ...
Feb 5, 2025
BUZZ-COMMENT-Gold is the new king of currencies
Feb 5 (Reuters) - Gold has surged to a record high this month and for the time being is the new king of currencies.
While it is unlikely gold can usurp the dollar altogether, it has certainly far outperformed the greenback since the shock investors received when they piled into the greenback in...
Feb 5, 2025
China calls for cooperation with EU amid 'global challenges'
China is willing to work with the European Union to boost cooperation and respond to "global challenges," its foreign ministry said on Wednesday, as the bloc faced potential U.S. tariffs on its shipments to the world's largest economy.
Feb 5, 2025
Gallagher: Social inflation is reaching inflection point and AI should be seen as silent peril
By Mia MacGregorFeb 4 - (The Insurer) - Gallagher has highlighted five key trends to watch in the commercial insurance landscape for early 2025: rising social inflation, AI adoption challenges, ongoing supply chain disruptions, shifts in catastrophe losses and the impact of global elections.Accordin
Feb 5, 2025
JGB yields hit fresh multi-year highs as rising wages drive BOJ's rate hike bets
TOKYO, Feb 5 (Reuters) - Japanese government bond (JGB) yields hit new multi-year highs on Wednesday after government data showed a rise in wages, bolstering chances of further interest rate hikes.
Feb 5, 2025
Oil little changed as market shrugs off China tariffs but Iran pressure supports
Feb 5 (Reuters) - Oil prices were little changed on Wednesday after volatile trading in the previous session as investors shrugged off the impact of China's tariffs on U.S. energy imports though President Donald Trump's renewed push to eliminate Iranian crude exports provided some support.
Feb 5, 2025
Shanghai copper eases on US-China trade tensions
Feb 5 (Reuters) - Shanghai copper prices eased on Wednesday as trading resumed after the Lunar New Year holidays, with fears of an escalation in trade tensions between the United States and top metals consumer China dampening market sentiment.
Feb 5, 2025
Alphabet plans massive capex hike, reports cloud revenue growth slowed
Feb 4 (Reuters) - Alphabet GOOGL.O said on Tuesday it will spend $75 billion on its AI buildout this year, 29% more than Wall Street expected, and investors signaled disappointment at a missed cloud revenue target and began showing impatience over profitability.
Feb 5, 2025
Fed's Jefferson: Rates likely to fall over medium term
Feb 4 (Reuters) - The Federal Reserve can continue cutting interest rates at least "over the medium term," Fed Vice Chair Philip Jefferson said on Tuesday, reiterating the U.S. central bank's message that policymakers needn't rush their next rate cut.
Feb 5, 2025
Amgen profits rise, next MariTide studies start by mid-year
Feb 4 (Reuters) - Amgen AMGN.O posted a higher quarterly profit on Tuesday as product sales rose 11% and said late-stage studies of key obesity drug candidate MariTide will start before mid-year but regulators have placed a hold on an early-stage trial of a different experimental weight-loss drug.
Feb 4, 2025
BRIEF-T-Mobile USA Files For Offering Of €1 Billion 3.150% Senior Notes Due 2032
Feb 4 (Reuters) - T-Mobile US Inc TMUS.O:T-MOBILE USA INC FILES FOR OFFERING OF €1 BILLION 3.150% SENIOR NOTES DUE 2032 -SEC FILINGT-MOBILE USA INC FILES FOR OFFERING OF €1 BILLION 3.500% SENIOR NOTES DUE 2037, €750 MILLION 3.800% SENIOR NOTES DUE 2045Source text: [ID:n0001193125-25-020073]..
Feb 4, 2025
Alphabet Inc reports results for the quarter ended December 31 - Earnings Summary
Alphabet Inc GOOG.OQ reported quarterly adjusted earnings of $2.15 per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $1.64. The mean expectation of thirty seven analysts for the quarter was for earnings of $2.13 per share.
Feb 4, 2025
Air Products names former Linde executive as CEO after Seifi Ghasemi steps down
Feb 4 (Reuters) - Industrial gases manufacturer Air Products APD.N said on Tuesday it has named former Linde LIN.DE executive Eduardo Menezes as its CEO and will succeed Seifi Ghasemi effective Feb. 7, amid pressure from activist investors.
Feb 4, 2025
Merck & Co Inc reports results for the quarter ended December 31 - Earnings Summary
Merck & Co Inc MRK.N reported quarterly adjusted earnings of $1.72 per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 3 cents. The mean expectation of sixteen analysts for the quarter was for earnings of $1.62 per share. Wall ...
Feb 4, 2025
U.S. STOCKS ON THE MOVE-Merck & Co, Sirius XM Holdings, Palantir Technologies
Eikon search string for individual stock moves: The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8U.S. stock index futures were slightly lower on Tuesday as investors stayed away from risky assets after China deployed retaliatory tariffs...
Feb 4, 2025
BRIEF-Oracle Corp Announces Issuance Of $7.75 Billion Aggregate Principal Amount Of Notes
Feb 3 (Reuters) - Oracle Corp ORCL.N:ORACLE CORP: ISSUANCE OF $7.75 BILLION AGGREGATE PRINCIPAL AMOUNT OF NOTESSource text: [ID:n0001193125-25-019281]Further company coverage: ORCL.N
Feb 3, 2025
Chevron Corp - No Change To CEO Michael Wirth's Annual Base Salary Of $1.9 Million
Chevron Corp CVX.N:CHEVRON CORP - NO CHANGE TO CEO MICHAEL WIRTH'S ANNUAL BASE SALARY OF $1.9 MILLIONCHEVRON CORP BOARD APPROVES SALARY INCREASES FOR CFO AND OTHER EXECUTIVES - FILINGSource text: [ID:n0000093410-25-000006]Further company coverage: CVX.N
Jan 31, 2025
Chevron Corp reports results for the quarter ended December 31 - Earnings Summary
Chevron Corp CVX.N reported quarterly adjusted earnings of $2.06 per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of $3.45. The mean expectation of eighteen analysts for the quarter was for earnings of $2.11 per share. Wall...
Jan 31, 2025
Thermo Fisher Scientific Inc reports results for the quarter ended December 31 - Earnings Summary
Thermo Fisher Scientific Inc TMO.N reported quarterly adjusted earnings of $6.10 per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $5.67. The mean expectation of twenty five analysts for the quarter was for earnings of $5.94...
Jan 30, 2025
