Amid muted global macroeconomic growth and mounting pressure from higher interest rates, Maersk revised its profit forecast for the whole year.
AP Moeller Maersk, a significant player in the container shipping industry, is bracing for a challenging year ahead...
Qualcomm earnings beat analysts’ expectations but revenue and guidance for the fourth quarter fell short of their forecast.
Qualcomm Inc (NASDAQ: QCOM) shares closed Wednesday trading at $129.27, down 2.13 percent from the day’s opening price. The losses in...
With falling commodity prices, BP and other oil giants faced significant headwinds taking a major hit on its profits during Q2 2023.
On Tuesday, August 1, oil giant British Petroleum (LON: BP) reported a 70% drop in profits...
Ford lifted its guidance range for full-year 2023 consolidated adjusted EBIT to between $11 billion and $12 billion.
Ford Motor Co (NYSE: F) shares dropped approximately 1.17 percent during the after-hours session to trade around $13.57. The Ford shares...
Looking ahead to the second half of 2023, Samsung expects the overall smartphone market to return to year-on-year growth, particularly in the premium segment.
Samsung Electronics Co Ltd (KRX: 005930), the South Korean tech giant, recently reported a staggering...