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BHP expects demand from China to remain relatively stable

Mining company posts weakest annual profit since 2020, but says it is too early to assess the effect of Beijing’s policy measures

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Early-stage VC funding and mega-deals carry Canada to second-largest Q2 on record

Early-stage VC funding growth and a slew of mega-deals have helped fuel Canada’s Q2 rebound, per CVCA. But many startups are still struggling to raise capital.

Canada , United-states , Canadian , David-kornacki , John-adams , Equity-association , Experimental-development , Silicon-valley-bank , Scientific-research , Canadian-venture-capital , Private-equity-association , Vertu-capital

Banks unravel data conundrum as FRTB implementations stall

This Risk.net Rapid read survey report, commissioned by Refinitiv, details how much progress banks have made in implementing FRTB and highlights the major

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applied materials: Chip tools maker Applied Materials gives strong forecast after earnings beat

Semiconductor equipment maker Applied Materials on Thursday forecast fourth-quarter results above market estimates on strong demand from chipmakers setting up new plants.

Applied-materials , Chip-tools-maker , Forecast , Taiwan-semiconductor-manufacturing-co , Refinitiv , Earnings ,

chief executive officer: China's Tencent revenue growth below expectations; gaming falls short

Tencent's core gaming business experienced weaker-than-expected growth in the quarter through June. Domestic gaming revenue was little changed at 31.8 billion yuan, while international gaming revenue rose 12% to 12.7 billion yuan, excluding the impact of currency movements.

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Foxconn: Apple supplier Foxconn's Q2 profit slips 1%, better than forecasts

The Taiwanese company, the world's largest contract electronics maker, said net profit for the April-June quarter slipped to T$33 billion from a revised T$33.29 billion in the same period the previous year.

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Lucid sticks to production goal, has enough cash for electric SUV in 2024

Luxury electric vehicle maker Lucid stuck to its annual production target on Monday and said it had enough cash to start producing its much-awaited sport utility vehicles next year and into 2025, sending its shares about 4% higher in extended trading.

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Options bets on earnings-fueled volatility in U.S. stocks paying off

Strategy that bets on stocks logging larger-than-expected moves on corporate results has been a surprising winner

Matt-amberson , Log-increate-free , Cboe-volatility-index , Right , Return , Earnings , Strategy , Quarter , Options , Stock , Winner

airbnb: Airbnb forecasts upbeat revenue as international travel rebounds

The San Francisco-based company forecast quarterly revenue between $3.3 billion and $3.4 billion, ahead of analysts' average estimate of $3.22 billion, according to Refinitiv data.

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