Page 5 - Efinitiv News Today

Rogers Communications: The company reported total revenue of C$5.05 billion ($3.82 billion) for the quarter ended June 30, compared with analysts average estimate of C$5.07 billion, according to Refinitiv data.

Autoliv, the worlds largest airbag and seatbelt maker, reports bigger-than-expected Q2 profit due to product launches and higher prices. Supply chain improvements boost results, but demand recovery still ongoing. Shares rise 6%.

Tsmc: While the result beat analyst forecasts, it was the companys first on-year drop in quarterly profit since the second quarter of 2019 when it fell 7.6%.

Europe: Long-range forecasts by Refinitiv suggest solar output may climb by even more in August, with combined output in those key countries set to climb by 5 per cent above the long-term average as a protracted heat wave steers solar production totals to new heights across the continent.

The companys ViaSat-3 Americas satellite developed an unexpected fault during its deployment - an issue that might affect its performance, Viasat announced after markets closed on Wednesday, adding that it had launched a review.

Anthony takes a look at the desktop application interoperability space—how we got here and where he thinks it's going.

Tesla is expected to report its highest-ever vehicle deliveries as it increased discounts and incentives to boost sales amid economic uncertainty and rising competition. Tesla is expected to report global deliveries of 445,000 vehicles in the second quarter, a 5% increase from the previous quarter. CEO Elon Musks plan to increase sales faces challenges from competition and softening demand. Tesla has cut prices since January, eroding margins, and has increased discounts for vehicles in its inven...

The Bank of England’s latest interest rate hike caught markets by surprise and triggered concerns that it could tip the economy into recession

Lennar Corp: Existing homes inventory remains 44% below pre-pandemic levels, according to data from the National Association of Realtors, resulting in price rises in some parts of the country, multiple offers and homes being sold above list price.

REFINITIV STREETEVENTS EDITED TRANSCRIPT XMTR.OQ - Xometry Inc at JPMorgan Global Technology, Media &... | June 13, 2023