Luxury automaker Porsche issues growth outlook after record 2022 earnings
Luxury carmaker Porsche AG sets long-term target of more than 20% of return on sales.
Luxury carmaker Porsche AG sets long-term target of more than 20% of return on sales.
Dick’s Sporting Goods same-store sales increased 5.3% in the fourth quarter, more than double analyst’s estimates of 2.1%.
“I think the Fed has no choice but to engineer a hard landing,” according to TD Securities strategist Priya Misra.
Salesforce beat estimates on Wednesday, and activist investor Elliott Management was complimentary after the company showed margin improvement.
Macy’s delivered a bigger profit than expected during the holiday quarter.
Best Buy posted earnings and revenue that beat analyst’s estimates for its holiday quarter.
Bitcoin is up almost 50% after tanking in 2022 thanks to high-profile crypto failures like FTX, but the prospect of more interest-rate hikes could dent the rally.
Small businesses are bracing for a year of labor shortages, inflation woes and reduced consumer demand even as they grow hopeful about recovery from the COVID-19 pandemic, recent studies show.
LONDON, Feb 9 — Earnings from Walt Disney, Siemens and AstraZeneca dispelled investor worries about the economy and future pace of interest rate hikes, helping stocks advance to…
European markets closed higher Thursday as investors weighed up the economic outlook and corporate earnings.