Finance

Spotify stock slides on Q2 earnings loss, weaker forecast after record rally

Spotify stock slides on Q2 earnings loss, weaker forecast after record rally

Spotify (SPOT) stock slipped around 8% shortly after the opening bell on Tuesday after the audio giant posted a second quarter loss, missed revenue expectations, and issued softer guidance for re...

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Candy giant Mars to invest $2 billion more in US manufacturing through 2026

Candy giant Mars to invest $2 billion more in US manufacturing through 2026

(Reuters) -Candy and snacks giant Mars on Tuesday announced plans to invest $2 billion more in its U.S. operations through next year to bolster the company’s ongoing efforts to expand manuf...

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India braces for higher US tariffs, eyes broader trade deal, sources say

India braces for higher US tariffs, eyes broader trade deal, sources say

By Manoj Kumar NEW DELHI (Reuters) -India is preparing to face higher U.S. tariffs — likely between 20% and 25% — on some of its exports as a temporary measure, as it holds off on fresh trade conc...

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P&G CEO says Trump tariffs are causing the company to hike prices on shoppers

P&G CEO says Trump tariffs are causing the company to hike prices on shoppers

The Trump administration’s tariff policy is causing Procter & Gamble (PG) to push through price hikes on shoppers to protect its profit margins. “It [tariffs] is inherently inflati...

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Why markets don’t seem to care about the fuzzy details of Trump’s trade deals

Why markets don’t seem to care about the fuzzy details of Trump’s trade deals

President Trump’s recent trade framework announcements have included sketchy initial details that can take days to fill in and sometimes are even contradicted by those on the other side of ...

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Corning forecasts upbeat quarterly core sales on AI-driven demand

Corning forecasts upbeat quarterly core sales on AI-driven demand

(Reuters) -Specialty glass maker Corning forecast third-quarter core sales above Wall Street estimates on Tuesday, led by artificial intelligence-driven demand for its optical connectivity produc...

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