Page 49 - Visible Alpha News Today

Sales at Birkin bag maker Hermes accelerated in the second quarter, lifted by continued growth in the United States and a sharp acceleration in China, showing the resilience of global demand for...

PARIS: Sales at Birkin bag maker Hermes accelerated in the second quarter, showing the resilience of global demand...

By Mauro Orru Shares of Universal Music Group surged in early European trading Thursday after the record label behind the Weeknd, Billie Eilish and Taylor...

French luxury group Kering missed market forecasts for second quarter sales, eking out growth of just 3% and continuing to lag rivals as it seeks to turn around business at star label Gucci. ...

Second-quarter sales at L’Oréal slightly beat expectations, as a rebound in China helped offset slower growth in the United States.

Second-quarter sales at French cosmetics giant LOreal slightly beat expectations, as a rebound in China helped offset slower growth in the United States where the rising cost of living is prompting...

The agreement includes an option for Kering to purchase the whole of Valentino’s share capital no later than 2028

(Reuters) -T-Mobile US topped Wall Street expectations for quarterly wireless subscriber additions on Thursday, as cost-conscious customers flocked to its cheaper plans and superior 5G services in a highly competitive market. It added 760,000 postpaid phone subscribers - its highest second-quarter additions in eight years. The figure was also higher than additions posted by rivals AT&T and Verizon and beat expectations of 708,800, according to Visible Alpha.

Microsoft plans to increase its spending on AI services, including the establishment of new data centers, after beating Wall Streets expectations for Q4 revenue and profit. The company aims to meet the growing demand for its AI offerings and is strategically integrating AI into its products.

Microsoft on Tuesday (Jul 25) laid out an aggressive spending plan to meet the demand for its new artificial intelligence services after surpassing Wall Street estimates for fiscal fourth-quarter revenue and profit. Costs rose sharply as Microsoft built new data centres to support AI, and Chief Financial O