ArcelorMittal Trims Steel Outlook After Earnings Slump
ArcelorMittal reported a 38% fall in second-quarter earnings on lower steel prices and shipments but said it expected demand to improve in the second half of 2024. Source link
Month: August 2024
Shell Launches $3.5 Billion Buyback After Earnings Beat
Shell said its second-quarter earnings came in ahead of expectations, and that it would buy back $3.5 billion of shares this quarter. Source link
After Years of Raising Prices, Food Companies Hit Consumers' Limits
Companies are dangling $5 burger meals and flakier biscuits to encourage consumer spending while trying to keep profits steady. Source link
Barclays Lifts Net Interest Income View After Earnings Beat
Barclays raised its net interest income guidance for the full-year and reiterated its 2024 and 2026 outlook for other metrics after second-quarter earnings beat expectations. Source link
Wi-Fi 6 vs. Wi-Fi 5: What’s the difference?
Since its inception, Wi-Fi 6 — or 802.11ax — has been unique compared with its predecessors. It debuted with multiple new features, capabilities and a new naming system and aimed to make a splash in the networking industry. Wi-Fi Alliance announced Wi-Fi 6 in late 2018 alongside a new naming system for each Wi-Fi generation. … Read more