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Latest Financial and Business News
- Earnings call transcript: Cheniere Energy Q1 2026 sees unexpected EPS loss
- Telefonica beats Q1 profit forecasts on Spain, Brazil strength; debt falls
- China’s view on Elon Musk? Visionary, occasional villain
- Morgan Stanley upgrades Orsted stock rating on lower US project risk
- BlackRock’s GIP teams with Temasek, Abu Dhabi heavyweights to target $30 billion in infrastructure deals
- CEZ raises 2026 earnings forecast as Gulf crisis lifts power prices
- Honda posts first annual loss on $9 billion EV writedown costs
- Dollar buoyed by rate hike expectations as Trump-Xi summit underway
- Earnings call transcript: Shinhan Financial Group beats Q1 2026 forecasts
- Protests flare across Havana as power cuts deepen amid US blockade
- 20 stocks in the S&P 500 of companies with soaring sales and improving profit margins
This earnings season’s big winners include makers of AI-oriented hardware, but the list also includes some surprises.
- Cisco to cut jobs so it can invest more in AI, and the stock rockets toward a record
Cisco’s stock soars into record territory, after the networking giant announced plans to invest more in AI and upbeat earnings report.