© Reuters. FILE PHOTO: A trader passes by a screen that displays the trading info for Intercontinental Exchange Inc. (ICE) on the floor of the New York Stock Exchange (NYSE) March 1, 2016. REUTERS/Brendan McDermid By Chuck Mikolajczak (Reuters) – U.S. stocks closed lower on Thursday, snapping the longest winning…

© Reuters. FILE PHOTO: A man looks at an electric board displaying the Nikkei stock average outside a brokerage in Tokyo, Japan June 14, 2023. REUTERS/Kim Kyung-Hoon/File Photo By Herbert Lash NEW YORK (Reuters) -Treasury yields jumped and a measure of global stocks fell on Thursday after Federal Reserve Chair…

© Reuters. Knife River (NYSE:KNF) released its Q3 2023 results today, reporting a net income of $146.7m, a significant increase from Q3 2022. The company’s earnings per share (EPS) for the trailing twelve months (TTM) stood at $2.59. Both revenue and EPS exceeded analyst expectations by 3.3% and 38%, respectively.…

© Reuters Investing.com — Shares in Tapestry (NYSE:) rose in early U.S. trading on Thursday after the luxury retailer reported better-than-anticipated earnings in its fiscal first quarter despite lowering its revenue growth forecast. The owner of luxury brands Kate Spade and Coach posted income per share of $0.93 on a non-GAAP…

© Reuters. Cynthia M. Johnson joined the board of directors at PROS Holdings (NYSE:), Inc., a provider of AI-powered SaaS solutions, as an independent director today. Johnson brings a wealth of industry experience and a track record of driving revenue growth and digital transformation from her current role as Senior…

© Reuters. Qualcomm (NASDAQ:) has announced its Snapdragon X Elite chip, a groundbreaking technology expected to significantly enhance laptop performance. The announcement was made Today, with the chip surpassing the performance per watt and power efficiency of Apple (NASDAQ:) M2 and Intel (NASDAQ:) chips. The Snapdragon X Elite chip is…

© Reuters. Today, stock futures witnessed a minor uptick, sustaining the longest winning streaks for the and Nasdaq since November 2021. Several companies reported their earnings, leading to significant movements in their stock prices. Walt Disney (NYSE: NYSE:) shares rose over 4% following its Q4 earnings report that exceeded profit…

© Reuters. The Reserve Bank of India (RBI) has conditionally approved a proposal from ICICI Bank Ltd. to transform ICICI Securities Ltd. into its wholly owned subsidiary, according to an exchange filing made Today. The decision comes as part of ICICI Bank’s strategy announced on June 29, which includes the…

© Reuters. FILE PHOTO: A vial labelled “Novavax V COVID-19 Vaccine” is seen in this illustration taken January 16, 2022. REUTERS/Dado Ruvic/Illustration By Patrick Wingrove and Bhanvi Satija (Reuters) -COVID-19 vaccine maker Novavax (NASDAQ:) on Thursday beat market estimates for quarterly revenue, boosted by U.S. government grants to help cover…

© Reuters Geely’s Zeekr inches closer to U.S. IPO, may file this week Reuters reports Thursday, citing unnamed sources, that Chinese automaker Geely’s premium electric car brand, Zeekr, is set to publicly release details of its plans this week to list shares on the New York stock exchange (NYSE). According…