Page 29 - Visible Alpha News Today

(Reuters) -IBM forecast full-year revenue growth above market estimates on Wednesday, banking on stable demand for its IT software and consultancy services from businesses looking to adopt artificial intelligence (AI). The company will also lay off some employees in 2024 but will hire for more AI-centered roles, an IBM spokesperson said, and will likely end the year with a largely unchanged headcount. Under CEO Arvind Krishna, the more than 111-years-old company has repositioned itself to focu...

By Andrea Figueras Shares in Swatch Group fell after the company posted results for 2023 that missed analysts' expectations. At 0958 GMT on Tuesday, shares...

ASML results may give clue on when chip industry will bottom out.

Verizon's fourth quarter earnings were dragged into the red due to a $7.8 billion loss on special items despite posting better-than-expected revenue.

AT&T Inc.'s fourth-quarter profit likely fell as subscriber growth slowed, producing only a marginal revenue gain that was more than offset by rising sales and service costs.

Tesla Margin: Falling prices of battery materials are expected to let Tesla show a slight rise in profit margin from the previous quarter.

Apple proposed allowing third parties access to the technology behind its Apple Pay systems in the European Union to address regulator concerns that the system could stifle competition.

Australias Whitehaven Coal posted a near 4% rise in its second-quarter production on Friday, bolstered by strong performance at its Maules Creek and Gunnedah open-cut mines. The...

Richemonts share price is up 0.5% on the Zurich Stock Exchange, benefiting from several positive analyses.Oddo BHF believes that growth was rather robust in Q3, at +8%, with a double-digit increase...

By Andrea Figueras Richemont posted an increase in sales for its fiscal third quarter, but confirmed slowing growth faced by the luxury sector as a whole after the postpandemic shopping...