Berita Valas

Walmart Q1 Results Top Estimates; Provides Rosy Outlook

Walmart Q1 Results Top Estimates; Provides Rosy Outlook

Retail giant Walmart reported Thursday a profit for the first quarter that soared from last year, reflecting higher gross margins and strong growth across all its operating segments. Both adjusted earnings per share and quarterly revenues topped analysts' expectations.
RTTNews | 495 days ago
U.S. Housing Starts Rebound Less Than Expected In April

U.S. Housing Starts Rebound Less Than Expected In April

New residential construction in the U.S. rebounded in the month of April, according to a report released by the Commerce Department on Thursday, although the increase fell short of economist estimates.
RTTNews | 495 days ago
U.S. Weekly Jobless Claims Pull Back To 222,000

U.S. Weekly Jobless Claims Pull Back To 222,000

A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits fell roughly in line with estimates in the week ended May 11th.
RTTNews | 495 days ago
Bay Street Likely To See Muted Open

Bay Street Likely To See Muted Open

It's likely to be a muted start for Canadian stocks Thursday morning, amid a lack of positive triggers from global stock markets, and a mixed trend in the commodities markets.
RTTNews | 495 days ago
Philippine Central Bank Hints At Rate Cut

Philippine Central Bank Hints At Rate Cut

The Philippine central bank hinted at an interest rate reduction in the third or fourth quarter of this year after policymakers decided to leave the benchmark interest rate unchanged for the fifth straight session on Thursday. The Monetary Board of the Bangko Sentral ng Pilipinas, governed by Eli Remolona, maintained the target reverse repurchase rate at 6.50 percent.
RTTNews | 495 days ago
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Walmart Stock Up 5% On Rosy Q2, FY25 Outlook - Update

Walmart Stock Up 5% On Rosy Q2, FY25 Outlook - Update

While reporting financial results for the first quarter on Thursday, retail giant Walmart, Inc. (WMT) initiated its adjusted earnings and net sales growth guidance for the second quarter, well above analysts' estimates. It also maintained full-year 2025 outlook.
RTTNews | 495 days ago
Siemens Stock Dips On Weak Q2 Profit, Orders; Backs FY24 View

Siemens Stock Dips On Weak Q2 Profit, Orders; Backs FY24 View

Shares of Siemens AG were declining around 5 percent in German trading after the conglomerate reported Thursday weak profit in its second quarter on the absence of prior year's hefty gain as well as lower revenues. Orders also were lower in the quarter. Further, the firm confirmed its fiscal 2024 outlook, but trimmed outlook for Digital Industries comparable revenue and margin.
RTTNews | 495 days ago
JD.com Q1 Profit Rises 13.9%; Revenue Up 7%

JD.com Q1 Profit Rises 13.9%; Revenue Up 7%

e-commerce company JD.com, Inc. (JD) reported Thursday a net income attributable to ordinary shareholders for the first quarter of RMB7.13 billion or $987 million, compared to RMB6.26 billion in the year-ago quarter. Net income per ADS was RMB4.53 or $0.63, up 15.3 percent from RMB3.93 last year.
RTTNews | 495 days ago
Sensex, Nifty End Notably Higher On Soft US Data

Sensex, Nifty End Notably Higher On Soft US Data

Indian shares rose notably on Thursday after Wall Street's three major indexes notched record closes overnight on optimism that inflation is heading back in the right direction and that there will be two interest rate cuts by the U.S. Federal Reserve in 2024.
RTTNews | 495 days ago
FTSE 100 Dips On Mixed Earnings

FTSE 100 Dips On Mixed Earnings

U.K. stocks were slightly lower on Thursday as investors reacted to mixed earnings results and awaited comments from Federal Reserve officials for additional clues on the rate outlook.
RTTNews | 495 days ago

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