Business

Tyson Foods tops quarterly estimates as demand rebounds, costs begin to fall

• Business

Tyson Foods tops quarterly estimates as demand rebounds, costs begin to fall

Stock Focus Report August 5, 2024

(Reuters) -Tyson Foods surpassed Wall Street expectations for third-quarter revenue and profit on Monday, indicating that demand...

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Silicon Valley Bank’s former owner gains approval to end bankruptcy

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Silicon Valley Bank’s former owner gains approval to end bankruptcy

Stock Focus Report August 3, 2024

By Dietrich Knauth NEW YORK (Reuters) – SVB Financial Group, the former owner of failed Silicon Valley...

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Berkshire’s cash hits $277 billion as Buffett slashes Apple stake; operating profit sets record

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Berkshire’s cash hits $277 billion as Buffett slashes Apple stake; operating profit sets record

Stock Focus Report August 3, 2024

By Jonathan Stempel (Reuters) – Warren Buffett appears to have soured on stocks, letting cash at Berkshire...

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Roblox lifts bookings forecast as mature content draws more paying gamers

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Roblox lifts bookings forecast as mature content draws more paying gamers

Stock Focus Report August 1, 2024

By Zaheer Kachwala (Reuters) -Roblox raised its annual bookings forecast on Thursday, as user engagement increased on...

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Apple revenue returns to growth as iPhone sales top expectations

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Apple revenue returns to growth as iPhone sales top expectations

Stock Focus Report August 1, 2024

By Max A. Cherney and Aditya Soni (Reuters) -Apple on Thursday reported a return to sales growth...

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Amazon projects quarterly revenue below estimates, shares slide

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Amazon projects quarterly revenue below estimates, shares slide

Stock Focus Report August 1, 2024

By Deborah Mary Sophia and Greg Bensinger (Reuters) -Amazon.com forecast current quarter sales below estimates, and shares...

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Meta to pay $1.4 billion to settle Texas facial recognition data lawsuit

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Meta to pay $1.4 billion to settle Texas facial recognition data lawsuit

Stock Focus Report July 30, 2024

By Mike Scarcella and Jody Godoy (Reuters) -Meta Platforms has agreed to pay $1.4 billion to Texas...

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OpenAI starts roll-out of advanced voice mode to some ChatGPT Plus users

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OpenAI starts roll-out of advanced voice mode to some ChatGPT Plus users

Stock Focus Report July 30, 2024

(Reuters) -OpenAI is starting to roll out an advanced voice mode to a small group of ChatGPT...

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Oil falls 2% as Israel seeks to avoid broader Middle East conflict

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Oil falls 2% as Israel seeks to avoid broader Middle East conflict

Stock Focus Report July 29, 2024

By Laila Kearney NEW YORK (Reuters) -Oil fell by nearly 2% on Monday after Israeli officials said...

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McDonald’s sales fall globally for first time in more than three years

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McDonald’s sales fall globally for first time in more than three years

Stock Focus Report July 29, 2024

By Savyata Mishra (Reuters) -McDonald’s reported a surprise drop in sales worldwide on Monday, its first decline...

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