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Tesla reports surprise positive free cash flow in the first quarter

Tesla reports surprise positive free cash flow in the first quarter

April 22 (Reuters) - Tesla reported a surprise positive free cash flow in the first quarter on Wednesday, defying expectations for cash burn as the electric-vehicle maker is yet to ramp up spending on artificial intelligence and manufacturing capacity.
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TE projects forecasts higher profit but warns of price hikes due to Iran war

TE projects forecasts higher profit but warns of price hikes due to Iran war

By Anshuman Tripathy April 22 (Reuters) - TE Connectivity projected third-quarter profit above Wall Street expectations on Wednesday, but warned it may have to pass higher raw-material costs on to customers if conflict in the Middle East continued to disrupt supply chains.
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Halliburton beats profit estimates on oilfield services demand in Latin America, Europe

Halliburton beats profit estimates on oilfield services demand in Latin America, Europe

April 21 (Reuters) - Halliburton beat Wall Street estimates for first-quarter profit on Tuesday, as steady demand in Latin America and Europe helped offset a slowdown in activity in the Middle East due to the Iran war.
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D.R. Horton beats annual revenue forecast estimates despite tepid home sales

D.R. Horton beats annual revenue forecast estimates despite tepid home sales

April 21 (Reuters) - D.R. Horton's narrowed forecast for annual revenue still came in above analysts' estimates, despite high interest rates and inflation weighing on the homebuilder's margins. Shares of D.R. Horton were up nearly 4% before the bell on Tuesday.
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Convenience store owner Yesway raises $280 million in US IPO

Convenience store owner Yesway raises $280 million in US IPO

April 21 (Reuters) - Convenience store owner Yesway said on Tuesday it had raised $280 million in its U.S. initial public offering.    The Fort Worth, Texas-based company sold 14 million shares in its offering at $20 apiece, at the lower end of its marketed range of $20 to $23 per share.
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First Industrial Discusses Leasing and Capital Plans Amid Market Uncertainties

First Industrial Discusses Leasing and Capital Plans Amid Market Uncertainties

First Industrial Discusses Leasing and Capital Plans Amid Market Uncertainties
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Michael and Susan Dell fund 'AI-native' medical center with $750 million gift to University of Texas

Michael and Susan Dell fund 'AI-native' medical center with $750 million gift to University of Texas

Billionaires Michael and Susan Dell are donating $750 million to the University of Texas at Austin
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Proxy advisor ISS urges ConocoPhillips shareholders to vote for independent board chair

Proxy advisor ISS urges ConocoPhillips shareholders to vote for independent board chair

April 22 (Reuters) - Proxy advisor ISS on Wednesday recommended that ConocoPhillips shareholders vote in favor of a proposal calling for an independent board chair, citing the need for stronger oversight of management.
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GE Vernova lifts annual revenue, profit margin forecasts on data center demand

GE Vernova lifts annual revenue, profit margin forecasts on data center demand

April 22 (Reuters) - GE Vernova on Wednesday raised its annual forecasts for revenue and adjusted core profit margin, helped by strong demand from data centers for its power equipment. Its shares rose 4.2% in premarket trading.
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Tesla Expands Robotaxi Service to Dallas and Houston, Enhancing Autonomous Ride-Hailing

Tesla Expands Robotaxi Service to Dallas and Houston, Enhancing Autonomous Ride-Hailing

Tesla Expands Robotaxi Service to Dallas and Houston, Enhancing Autonomous Ride-Hailing
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RTX lifts profit, revenue forecasts amid strong demand for weapons

RTX lifts profit, revenue forecasts amid strong demand for weapons

By Mike Stone and Aishwarya Jain April 21 (Reuters) - Defense contractor RTX on Tuesday lifted its 2026 profit and revenue forecasts, betting on sustained aftermarket sales and growing demand for its missile systems and other weapons amid rising geopolitical tensions.
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Tanker arrives at Golden Pass Texas facility for inaugural LNG export

Tanker arrives at Golden Pass Texas facility for inaugural LNG export

By Curtis Williams HOUSTON, April 20 (Reuters) - An LNG tanker has arrived at the Golden Pass facility in Texas to collect the plant's inaugural export of the superchilled gas, the company confirmed on Monday, after finally beginning production earlier this year following prolonged delays in