By Michelle Conlin and Matt Tracy NEW YORK (Reuters) – Commercial real estate finance company Blackstone Mortgage Trust saw shares…
Newmont beats profit estimates on higher gold production
(Reuters) -Newmont Corp beat Wall Street expectations for second-quarter profit on Wednesday, as the world’s biggest gold miner benefited from…
NBA signs broadcasting deal with Disney, Amazon, Comcast
(Reuters) -Walt Disney’s ESPN, Comcast-owned NBCUniversal and Amazon.com have clinched the rights to carry National Basketball Association games in a…
Tesla’s bleak margins sour investors as Musk hypes everything but cars
By Deborah Mary Sophia and Reshma Rockie George (Reuters) -Tesla shares sank more than 11% on Wednesday as its shrinking…
Thermo Fisher lifts profit forecast as biotech demand shows signs of improvement
(Reuters) – Thermo Fisher on Wednesday raised its annual profit outlook and posted a better-than-expected second-quarter profit, banking on improved…
Gold rally to boost profits for miners Newmont, Barrick
By Arunima Kumar (Reuters) – Newmont Corp and Barrick Gold Corp, the top two gold miners of the world, are…
Microsoft aims to boost AI workload capacity with Lumen Technologies partnership
(Reuters) – Microsoft will use Lumen Technologies’ network equipment to expand its capacity for AI workloads, the companies said on…
Toymaker Mattel beats quarterly profit estimates on cost controls
By Granth Vanaik (Reuters) -Mattel beat Wall Street estimates for second-quarter profit on Tuesday, aided by the toymaker’s tight cost…
Google parent Alphabet beats quarterly revenue estimates
By Yuvraj Malik and Greg Bensinger (Reuters) -Alphabet beat second-quarter revenue estimates on Tuesday, driven by a rise in digital…
Agilent to buy contract drug manufacturer Biovectra for $925 million
(Reuters) – Agilent Technologies said on Monday it will acquire contract drug manufacturer Biovectra for $925 million to expand its…