Universal Music Group shares drop 30% as streaming growth disappoints. (Reuters) – Universal Music Group (AS: UMG) shed around $15 billion off its value on Thursday after the world’s biggest music label reported lower-than-expected streaming and...
General Dynamics (NYSE:GD) quarterly revenue rises on higher defense demand. General Dynamics (NYSE:GD) reported an 18% rise in second-quarter revenue on Wednesday, helped by higher demand for its ammunitions and nuclear-powered submarines.Despite cost pressures owing...
Italy seizes 121 million euros from Amazon unit over alleged tax, labor offenses. MILAN (Reuters) – Italy’s tax police have seized some 121 million euros from an Italian unit of e-commerce giant Amazon (NASDAQ: AMZN) as part of an investigation into...
General Motors, Coca-Cola, Spotify rise premarket, UPS, Comcast fall. Investing.com — U.S. stock futures steadied Tuesday, ahead of the release of key corporate earnings, particularly from the important tech sector.Here are some of the biggest premarket U.S....
Analysts weigh in on Biden dropping out of White House race. President Joe Biden has ended his re-election campaign and endorsed Vice President Kamala Harris as the Democratic candidate for the 2024 presidential race.Biden announced his decision in a written statement...
