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Palo Alto initial negative stock reaction 'overblown' Wedbush says

Palo Alto Networks reported strong first-quarter results, but initial market reactions to its conservative guidance may not fully capture the company's positive...

Mercedes to cut costs by billions per year as China weakens - report

Mercedes-Benz (OTC:MBGAF) is taking steps to reduce costs by billions of euros annually in response to ongoing difficulties in the global automotive market, the...

PayPal resolves system issue affecting API calls

SAN JOSE - PayPal Holdings Inc (NASDAQ:PYPL). has resolved a system issue that impacted multiple products within its production environment. The company experienced a significant...

Exxon, under fire over plastic recycling, spending $200 million to expand Texas plants

By Erwin Seba HOUSTON (Reuters) - Exxon Mobil Corp (NYSE:XOM), which is facing a California lawsuit over its alleged role in global plastic waste pollution, will expand plastics...

Mercedes plans to cut costs by several billion euros per year, reports Handelsblatt

BERLIN (Reuters) - Mercedes-Benz (OTC:MBGAF) plans to cut costs by several billion euros per year in the coming years, the Handelsblatt newspaper reported on Thursday, citing a...

Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.23%

– Saudi Arabia stocks were lower after the close on Thursday, as losses in the Energy & Utilities, Agriculture & Food and Transport sectors led shares lower. At the...

Logitech shares rise on UBS upgrade

Shares of Logitech (SIX:LOGN) (NASDAQ:LOGI) International rose on Thursday following an upgrade by UBS analysts to a "neutral" rating from a "sell” rating. The...

TSMC, ASEH, KYEC and Unimicron to benefit from Nvidia results: Citi

Citi analysts highlighted the strong implications of Nvidia’s recent earnings results for key supply chain partners, including TSMC, ASEH, KYEC, and Unimicron, in...

UBS CFO sees 'sluggish' European economies as credit loss expense flagged

ZURICH (Reuters) - UBS CFO Todd Tuckner said on Thursday that weak economic growth in Europe has hit companies as he revealed the bank faced a credit loss expense of about 150...

Futures subdued as Nvidia's forecast disappoints, geopolitical tensions mount

By Johann M Cherian and Purvi Agarwal (Reuters) -U.S. stock index futures were subdued on Thursday, as AI-heavyweight Nvidia (NASDAQ:NVDA)'s revenue forecast failed to impress...

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