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Uber forecasts strong second-quarter bookings despite Middle East woes

Uber forecasts strong second-quarter bookings despite Middle East woes

May 6 (Reuters) - Uber Technologies forecast second-quarter bookings above Wall Street estimates on Wednesday on strong demand for ride-hailing and delivery services, even though the Middle East conflict weighed on its growth.
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Japanese video-game maker Nintendo raises Switch price, forecasts lower profits

Japanese video-game maker Nintendo raises Switch price, forecasts lower profits

Nintendo has reported its annual profit surged 52% from the previous year, lifted by solid sales of its Switch 2 machines and software
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Nintendo Under Pressure to Raise Switch 2 Console Price Amid Stock Decline

Nintendo Under Pressure to Raise Switch 2 Console Price Amid Stock Decline

Nintendo Under Pressure to Raise Switch 2 Console Price Amid Stock Decline
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DoorDash Stock Surges 14% Following Strong Earnings and Positive Order Guidance

DoorDash Stock Surges 14% Following Strong Earnings and Positive Order Guidance

DoorDash Stock Surges 14% Following Strong Earnings and Positive Order Guidance
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Sony forecasts higher games profit but lower sales amid memory price surge

Sony forecasts higher games profit but lower sales amid memory price surge

By Sam Nussey TOKYO, May 8 (Reuters) - Sony forecast on Friday a higher annual operating profit but lower sales in its gaming business, with overall profit expected to climb 11% to 1.6 trillion yen ($10.20 billion) for the year ending March 2027.
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McEwen Mining Reports Q1 Revenue Surge and Self-Funded Growth Strategy

McEwen Mining Reports Q1 Revenue Surge and Self-Funded Growth Strategy

McEwen Mining Reports Q1 Revenue Surge and Self-Funded Growth Strategy
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McEwen Mining Reports Significant Q1 Revenue Gains and Outlines Growth Plans

McEwen Mining Reports Significant Q1 Revenue Gains and Outlines Growth Plans

McEwen Mining Reports Significant Q1 Revenue Gains and Outlines Growth Plans
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Lyft signals strong bookings after winter storms dent first-quarter rides

Lyft signals strong bookings after winter storms dent first-quarter rides

By Akash Sriram May 7 (Reuters) - Lyft forecast second-quarter gross bookings and adjusted core profit above Wall Street estimates on Thursday, signaling resilient demand for ride-hailing services despite elevated fuel costs stemming from geopolitical tensions.
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Oil prices sink and stocks leap worldwide on hopes for a reopening of the Strait of Hormuz

Oil prices sink and stocks leap worldwide on hopes for a reopening of the Strait of Hormuz

Oil prices sank, and stock markets rallied worldwide with hopes that a deal is nearing to allow tankers to deliver crude from the Persian Gulf again
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Alphabet closes in on Nvidia's spot as world's biggest company

Alphabet closes in on Nvidia's spot as world's biggest company

By Shashwat Chauhan May 5 (Reuters) - Alphabet is on the cusp of overtaking Nvidia as the world's most valuable company, riding on a record stock rally fueled by its artificial intelligence efforts and booming cloud business.
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US SEC proposes allowing public companies to opt out of quarterly earnings reports

US SEC proposes allowing public companies to opt out of quarterly earnings reports

By Suzanne McGee, Douglas Gillison and Anirban Sen WASHINGTON, May 5 (Reuters) - Wall Street's top regulator on Tuesday proposed ending quarterly earnings reporting requirements for U.S.-traded companies and allowing them to switch to twice-annual reports.
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Oil prices sink and stocks rally worldwide on hopes for a reopening of the Strait of Hormuz

Oil prices sink and stocks rally worldwide on hopes for a reopening of the Strait of Hormuz

Oil prices are sinking, and stock markets are bursting higher worldwide with hopes that a deal is nearing to allow ships to deliver crude from the Persian Gulf once again to their customers