Day: January 23, 2025

SEOUL (Reuters) -South Korea’s Hyundai Motor (OTC:HYMTF) reported on Thursday a 17% fall in fourth-quarter operating profit, declining more than analysts estimated, as it spent more on promotions in a…

SEOUL (Reuters) -South Korea’s Hyundai Motor (OTC:HYMTF) expected on Thursday its 2025 sales growth would halve due to softening vehicle demand and rising competition after reporting a 17% drop in…

By Foo Yun Chee BRUSSELS (Reuters) -Meta Platforms’ revised no-ads subscription service may still breach EU consumer and privacy laws in addition to antitrust rules, the European Consumer Organisation (BEUC)…

Investing.com– Oracle Corporation (NYSE:ORCL) and Microsoft Corporation (NASDAQ:MSFT) stand to benefit significantly from their roles in the newly announced Stargate initiative – a $500 billion private-sector investment aimed at advancing artificial…

Investing.com– BMO Capital Markets downgraded Electronic Arts Inc (NASDAQ:EA) on Wednesday after the videogame company slashed its annual net bookings forecast on underperformance in its flagship soccer franchise.  BMO downgraded…

Investing.com – Australia stocks were lower after the close on Thursday, as losses in the Metals & Mining, Consumer Discretionary and Materials sectors led shares lower. At the close in…

Investing.com– Elon Musk, CEO of Tesla Inc (NASDAQ:TSLA), has publicly criticized President Donald Trump’s recently announced $500 billion Stargate project, questioning its financial viability. The initiative, unveiled on Tuesday, aims…

Investing.com– Chinese stocks are likely to face profit-taking and increased risk aversion going into the New Year holiday, Morgan Stanley (NYSE:MS) analysts said in a note, especially in the face…

By David Shepardson WASHINGTON (Reuters) – The Federal Communications Commission on Wednesday reinstated complaints about how ABC News moderated the pre-election TV debate between U.S. President Joe Biden and Republican…