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Day: July 24, 2024

Business

IBM beats quarterly revenue estimates on software strength, AI demand

July 24, 2024January 28, 2025

By Arsheeya Bajwa (Reuters) -IBM beat analysts’ estimates for second-quarter revenue on Wednesday, riding on strong demand for its software and higher AI-linked spending by

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Business

Chipotle beats sales estimates on strong burrito demand; shares soar

July 24, 2024January 28, 2025

(Reuters) -Chipotle Mexican Grill surpassed market estimates for quarterly sales on Wednesday as demand for its rice bowls and burritos held up even as prices

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Business

Newmont beats profit estimates on higher gold production

July 24, 2024January 28, 2025

(Reuters) -Newmont Corp beat Wall Street expectations for second-quarter profit on Wednesday, as the world’s biggest gold miner benefited from robust production and easing costs.

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Business

Tesla’s bleak margins sour investors as Musk hypes everything but cars

July 24, 2024January 28, 2025

By Deborah Mary Sophia and Reshma Rockie George (Reuters) -Tesla shares sank more than 11% on Wednesday as its shrinking auto-sales margins disappointed investors after

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  • Tesla wants US to withhold all answers on robotaxi deployment from public view

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