Petco Health & Wellness Co. reports second quarter loss and lowers profit outlook for 2023. CEO emphasizes commitment to improving business and cost-saving initiatives.
Norwegian Air Shuttle reports decrease in Q2 net profit but remains optimistic about future demand. Total revenue rises by 41%. Passenger numbers increase. Company expects strong summer season.
Workers at Woodside Energy-operated offshore LNG platforms are deliberating a potential strike that may disrupt global gas supplies. The agreement reached between Woodside and union representatives will now be voted on by members of the Off...
Netflix's stock surged 5% on Wednesday after analysts expressed confidence in its revenue growth potential through new strategies. These initiatives include ad sales, subscription price hikes, and cracking down on password sharing.
Analog Devices shares fall after reporting underwhelming guidance for July quarter. CEO acknowledges challenges and mentions deteriorating economic conditions. Stock decline sends ripples of concern throughout semiconductor sector.
Harmony Gold Mining predicts strong fiscal 2023 earnings due to higher gold prices, with a significant increase in earnings per share and met production target.