Tencent Holdings shares fell after its first-quarter profit missed expectations, though analysts broadly looked past the disappointment as they focused on the company’s longer-term growth potential.
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This is what the Fed’s interest-rate cut means for distressed companies
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Fed Chair Jerome Powell emphasized a policy “recalibration.” Investors like the sound of it.
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FedEx stock falls as company narrows its full-year forecast
The package-delivery giant said reduced demand for priority services and higher operating costs weighed on results.