Toyota reported first-quarter net profit of 1.48 trillion yen ($9.4 billion) for the three months ended June 30, up 76% from 841 billion yen in the same period a year earlier, as a weak yen and gains in financial income lifted results even as vehicle sales dipped. First-quarter revenue came in at 13.5 trillion yen…
By Nandan Mandayam Aug 4 (Reuters) – Caterpillar raised its annual revenue growth forecast after beating second-quarter profit estimates on Tuesday, benefiting from a buildout of AI data centers that has spurred demand for its power-generation and construction equipment. Shares of the company jumped 11% in premarket trading, sending Dow futures up 0.6%, after it…
Gold (GC=F) December futures opened at $4,109.60 per troy ounce on Tuesday, August 4, 2026, up 0.5% from Monday’s closing price. The price of gold moved higher this morning to $4,136.30 per troy ounce as of 8:03 a.m. ET. The opening price of gold continues to hold above $4,100 this week, and the precious metal…
Aug 4 (Reuters) – Pfizer on Tuesday slightly raised the lower end of its full-year revenue forecast after beating Wall Street estimates for second-quarter profit, driven by strong demand for blood thinner Eliquis. Shares rose 1.8% to $25.5 in premarket trading. Pfizer is banking on newer medicines to offset fading COVID revenue and reduce reliance…
NEW DELHI/MUMBAI, Aug 4 (Reuters) – India has moved a step closer to reintroducing merchant fees on transactions made through its popular Unified Payments Interface (UPI) after proposed changes to the country’s payments laws were introduced in parliament on Tuesday. UPI, one of the world’s largest real-time payments networks, processed 23.6 billion transactions worth 29.9…
August 4 (Reuters) – What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets World markets turned quieter on Tuesday after yesterday’s equity rally and oil price decline, with Asian stock markets steady and Wall Street futures pointing up slightly. Well over halfway through the booming U.S. corporate earnings season,…
Aug 4 (Reuters) – Merck reported higher-than-expected second-quarter sales on Tuesday and raised its full-year revenue forecast on the strength of its top-selling cancer treatment Keytruda. The U.S. drugmaker reported quarterly revenue of $16.61 billion, up 5% from a year earlier and above analysts’ average estimate of $16.36 billion, according to LSEG data. Merck reported…
US stocks rose modestly on Tuesday morning as markets eyed uncertainty in Middle East talks and the focus turned to SpaceX (SPCX) earnings after the bell. Futures on the S&P 500 (ES=F) increased 0.1%, while contracts for the Nasdaq-100 (NQ=F) climbed 0.6%. Dow Jones Industrial Average (YM=F) futures rose 0.1% after a decline in oil…
This story was originally published on Grocery Dive. To receive daily news and insights, subscribe to our free daily Grocery Dive newsletter. When Kroger introduced Greg Foran as its CEO earlier this year, the supermarket chain drew accolades for its decision to hire a new leader who had distinguished himself by turning around Walmart’s U.S….
SEOUL, Aug 4 (Reuters) – South Korean retail shareholder platform ACT said on Tuesday it had launched a campaign to call an extraordinary shareholders’ meeting at Samsung Electronics, urging the chipmaker to buy back about $32 billion worth of shares and set limits on performance bonuses. ACT said it would begin collecting electronic signatures from…
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