Month: January 2024

Starbucks cuts sales view due to Middle East conflict, warns of weak Q2 FILE PHOTO: Branded coffee mugs are displayed in Starbucks' outlet

FILE PHOTO: Branded coffee mugs are displayed in Starbucks' outlet

Starbucks cuts sales view due to Middle East conflict, warns of weak Q2

Stock Focus Report January 31, 2024

By Deborah Mary Sophia (Reuters) -Starbucks cut its annual sales forecast on Tuesday as the Israel-Hamas war...

US calls for ‘fundamental changes’ before UNRWA funding resumes Protest against suspension of UNRWA funding in Beirut

Protest against suspension of UNRWA funding in Beirut

US calls for ‘fundamental changes’ before UNRWA funding resumes

Stock Focus Report January 31, 2024

By Michelle Nichols UNITED NATIONS (Reuters) -The United States said on Tuesday that the U.N. agency for...

AMD boosts AI chip forecast by $1.5 billion – not enough for Wall Street Illustration picture of AMD chip

Illustration picture of AMD chip

AMD boosts AI chip forecast by $1.5 billion – not enough for Wall Street

Stock Focus Report January 31, 2024

By Max A. Cherney and Arsheeya Bajwa (Reuters) – Chipmaker AMD on Tuesday boosted its 2024 forecast...

Nasdaq ends lower ahead of big tech earnings, focus on Fed Traders work on the floor of the NYSE in New

Traders work on the floor of the NYSE in New

Nasdaq ends lower ahead of big tech earnings, focus on Fed

Stock Focus Report January 31, 2024

By Stephen Culp NEW YORK (Reuters) -The tech-heavy Nasdaq lost ground on Tuesday as the market awaited...

Microsoft touts AI strength, but shares dip as market digests costs A person walks past Microsoft signage at the headquarters in

A person walks past Microsoft signage at the headquarters in

Microsoft touts AI strength, but shares dip as market digests costs

Stock Focus Report January 30, 2024

By Stephen Nellis, Yuvraj Malik and Anna Tong (Reuters) -Microsoft beat market estimates for quarterly profit and...

Cadbury-parent Mondelez Q4 sales jump, volume drop weighs on shares Illustration shows Cadbury Roses chocolates

Illustration shows Cadbury Roses chocolates

Cadbury-parent Mondelez Q4 sales jump, volume drop weighs on shares

Stock Focus Report January 30, 2024

By Savyata Mishra (Reuters) -Mondelez International posted a rise in fourth-quarter sales on Tuesday, but price hikes...

Electronic Arts misses quarterly bookings estimates on lower consumer spending Illustration shows EA (Electronic Arts) Sports logo

Electronic Arts misses quarterly bookings estimates on lower consumer spending

Stock Focus Report January 30, 2024

By Zaheer Kachwala (Reuters) -Electronic Arts missed estimates for quarterly bookings on Tuesday, as lower spending and...

Exclusive-Hotelier Robert Bigelow gives Trump $1 million for legal fees FILE PHOTO: Donald Trump to testify in New York civil

FILE PHOTO: Donald Trump to testify in New York civil

Exclusive-Hotelier Robert Bigelow gives Trump $1 million for legal fees

Stock Focus Report January 30, 2024

By Alexandra Ulmer (Reuters) -Hotelier Robert Bigelow told Reuters on Tuesday he gave Republican presidential candidate Donald...

NYC Council overrides mayor’s vetoes of solitary confinement ban, policing bill FILE PHOTO: Lights for Liberty

FILE PHOTO: Lights for Liberty

NYC Council overrides mayor’s vetoes of solitary confinement ban, policing bill

Stock Focus Report January 30, 2024

By Jonathan Allen NEW YORK (Reuters) -The New York City Council voted on Tuesday to override Mayor...

Exchange operator Nasdaq to cut hundreds of jobs – Bloomberg News The Nasdaq logo is displayed at the Nasdaq Market site

Exchange operator Nasdaq to cut hundreds of jobs – Bloomberg News

Stock Focus Report January 30, 2024

(Reuters) – Exchange operator Nasdaq is planning to cut hundreds of jobs as it integrates fintech firm...