Publication

Byline

SK Hynix Miss Triggers South Korea's Worst Stock Market Day on Record

New Delhi, July 30 -- a miss. The Korea Composite Stock Price Index fell 11 percent on Tuesday, its worst single-day loss in the benchmark's history, erasing approximately $2 trillion in market value... और पढ़ें


Starbucks Raises Annual Outlook as Niccol Turnaround Gains Ground

SEATTLE, July 30 -- For most of the past two years, investors holding Starbucks Corp. (SBUX) were receiving a promise more than a result. The promise was Brian Niccol, the turnaround architect who reb... और पढ़ें


Chipotle Beats Q2 Revenue Estimates as New CEO Posts First Solid Quarter Without Niccol

NEWPORT BEACH, July 30 -- Scott Boatwright's first full earnings test as Chipotle Mexican Grill Inc. CMG chief executive produced a result that was easier to welcome than to fully interpret on Tuesday... और पढ़ें


Carvana Posts Record Quarterly Profit as Used-Car Market Vindicates Its Turnaround

New Delhi, July 30 -- TEMPE, Ariz. - Three years ago, Carvana Co. was in negotiations with its creditors about the terms of its debt. On Wednesday, the Tempe-based online used-car marketplace announce... और पढ़ें


US Consumer Confidence Slips Again in July as Americans Grow Gloomier on Jobs and Business

New Delhi, July 30 -- NEW YORK - The households that have absorbed elevated prices and high borrowing costs without pulling back dramatically on spending showed signs this month that their patience is... और पढ़ें


Starbucks Raises Full-Year Outlook as Niccol Turnaround Delivers Back-to-Back Earnings Beats

New Delhi, July 30 -- whether the recovery he inherited and then engineered is durable enough to hold under pressure. management does not offer them when the trend feels uncertain. Tuesday's move sug... और पढ़ें


Argentina Breaks Oil Production Record as Vaca Muerta Reshapes Global Supply

New Delhi, July 30 -- BUENOS AIRES - When Middle Eastern supply disruptions drove Brent crude north of $100 a barrel last week, the arithmetic for crude traders pointed toward continued scarcity. On T... और पढ़ें


Humana Exits Additional Medicare Advantage Plans for 2027

New Delhi, July 30 -- LOUISVILLE, Ky. - Humana Inc. HUM told the health insurance market Wednesday that it will exit additional Medicare Advantage plans for 2027, the second consecutive year the compa... और पढ़ें


Meta's Free Cash Flow Collapsed to $784 Million as AI Spending Consumed the Quarter

MENLO PARK, July 30 -- Mark Zuckerberg delivered Meta Platforms Inc. (META) its best revenue quarter in company history on Wednesday. The stock fell more than four percent when markets closed. The di... और पढ़ें


Philadelphia Semiconductor Index Enters Bear Market as Samsung and SK Hynix Each Lose 15%

NEW YORK, July 30 -- Samsung Electronics fell more than 15 percent on Wednesday. Not because of a missed earnings quarter, not because of a product recall - but because of a single unverified report c... और पढ़ें