
Articles
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1 week ago |
gurutrade.com | Akash Sriram |Sriraj Kalluvila
May 7 (Reuters) - Uber Technologies missed quarterly revenue estimates as growth in its ride-hailing unit slowed to its weakest since the pandemic, stirring fears of slowing demand against the backdrop of a murky economic outlook and clouding an upbeat forecast. Shares of the company fell about 8% before clawing back some ground to be down 5% in premarket trading on Wednesday.
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1 week ago |
today.westlaw.com | Leroy Leo |Siddhi Mahatole |Sriraj Kalluvila |Abhinav Parmar
(Reuters) - WW International, formerly known as WeightWatchers, said it plans to file for Chapter 11 bankruptcy protection on Tuesday, as the surging popularity of obesity drugs eroded demand for its traditional weight-loss programs.
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1 week ago |
today.westlaw.com | Sumit Saha |Mrinalika Roy |Sriraj Kalluvila
(Reuters) -American Electric Power beat Wall Street estimates for first-quarter profit on Tuesday, benefiting from higher demand from commercial customers, and said it expects minimal direct impact on its long-term spending plan from tariffs.
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2 weeks ago |
gurutrade.com | Pritam Biswas |Sriraj Kalluvila
Transaction based revenue jumps 77% Cryptocurrencies revenue doubled Gold subscribers reach record 3.2 million (Reuters) - Retail trading platform Robinhood's first-quarter profit more than doubled and beat analysts' estimates on Wednesday, driven by a surge in trading volumes from clients looking to hedge their positions amid choppy markets.
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2 weeks ago |
gurutrade.com | Ananya Mariam Rajesh |Sriraj Kalluvila
CEO Laguarta warns of increased supply chain costs from tariffs PepsiCo plans to adjust sourcing to mitigate higher costs Organic volumes decline 2% as promotions fail to boost demand Speed up transition to natural ingredients after RFK Jr's push April 24 (Reuters) - PepsiCo on Thursday cut its annual profit forecast as the soda and snacks giant signaled higher production costs and subdued consumer spending due to the uncertainty fueled by U.S. President Donald Trump's expansive tariffs. The...
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