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Social media site reports strong user growth but cautions US election could affect advertising
...Spirit expects to report a forward loss of $50mn to $60mn in the second quarter on the fuselage and wing components it makes for the Boeing’s 787 Dreamliner....
...A report from Counterpoint Research last month said iPhone sales in the country fell 19 per cent year on year in the first three months of the year, while market researcher International Data Corporation...
...It “aims to completely replace cigarettes as soon as possible”, according to a 2023 report....
...A recent FT report highlighted how ByteDance had tightened its grip over TikTok’s US operations over the past two years....
Fourth-largest US lender reports quarterly net income of $3.4bn
...DBRS’s report also contains this wonderful description of Sotheby’s Financial Services’ collection strategy if any deadbeat art collectors fall behind on their payments: SFS employs a strategy for collections...
...Shares of NetEase, which lost more than 14 per cent when reports of the break-up first went public in 2022, are up 9 per cent in the past year, although at 14 times forward earnings they still trade at a...
...In the US, merchants paid a record $172bn in processing fees to accept $11.2tn in card payments last year, according to the Nilson Report....
...The ad was produced in-house by Apple’s creative team, according to trade press reports....
...Despite “challenges in some markets”, the “share of EVs on the roads is expected to continue to climb rapidly” in the coming years, the IEA said in its annual outlook report....
...Since going public 25 years ago, that’s had to change, the FT reports. Private shares The $64bn market for private company stocks is starting to open up to regular investors....
...Weight loss Denmark is beginning to feel the effects of Novo Nordisk’s exceptional growth and they’re not all positive, Bloomberg reports....
...“It was truly a year of haves and have-nots,” the Bain report said....
...The number of large US companies missing deadlines to file their annual reports has jumped this year, leaving investors in the dark as executives and their auditors wrestle with accounting problems and weaknesses...
...I’m glad you liked the title of new report, The coming wAIve. I prefer to see it as an homage than a direct lift from Suleyman’s book! It is terrific though....
...Berkshire has urged shareholders to vote against the motion, pointing to existing disclosures and arguing that such a report was not “necessary at this time”....
...iPhone sales plunged 24 per cent In the first six weeks of the year, according to a Counterpoint Research report....
...Tesla has not officially commented on these or any other reports. Tesla has no press office....
...Yass’s estimated $30bn fortune is now caught up in growing geopolitical tensions between China and the US as Congress pushes ahead to potentially ban the viral video platform, the FT reports....
...Those close to the group give credit to Myhren, who reports directly to chief executive Tim Cook: Apple has topped Interbrand’s Best Global Brands every year since Myhren joined in 2016 and has won 105 Cannes...
...Over a number of years, McKinsey has released several widely read and cited reports presenting the business case for diversity in corporate leadership....
...That’s the message of yesterday’s March consumer price index, the third stubbornly hot inflation report in a row....
...approved Humira biosimilars and pharmacists’ reluctance to prescribe them had cost patients and health plans $6bn as biosimilars are priced at a fifth of the level of the original drug, according to a report...
...The figure underscores the difficulty the billionaire investor and his team have had in trying to find worthwhile investments, as well as the relative allure of the high yield on US government debt, Eric reports...
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