UBS CEO says it’s too early to talk about a U.S. recession, but a slowdown is possible
UBS CEO Sergio Ermotti said market volatility could intensify in the second half of the year, but he does not believe the U.S. is heading...
World’s largest sovereign wealth fund posts $138 billion in first-half profit as AI demand boosts tech
Norway's massive sovereign wealth fund on Wednesday posted first-half profit of 1.48 trillion kroner ($138 billion).
Chinese tech giant Tencent’s quarterly profit jumps 82% as key gaming unit accelerates
Tencent beat second-quarter top and bottom line estimates as growth in its key gaming division accelerated.
UBS posts $1.14 billion profit in second quarter, smashing expectations
Analysts expected revenue of $11.5 billion, according to an LSEG poll.
HelloFresh shares pop 11% as meal kit giant beats profit estimates
HelloFresh said it got a boost from healthy growth in its ready-to-eat meal delivery business.
Deutsche Bank says Eli Lilly stock is a buy — in line with our rating on shares
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
Restaurant CEOs’ new favorite word is value as they aim to bring back customers
Restaurant CEOs can't stop using the word "value" in explaining lackluster quarterly sales to investors while detailing plans to appeal to thrifty customers.
Paramount Global announces it will cut 15% of U.S. workforce, shares rise on second-quarter earnings
Paramount Global plans to cut 15% of its U.S. workforce as part of a broader $500 million cost reduction.
Eli Lilly’s blowout quarter should quiet investor concerns about the stock
Shares of the drugmaker jumped about 8% in Thursday trading after easily beating earnings expectations.