Shares of Salesforce Inc jumped 15% in premarket trade on Thursday after the cloud-based software provider's revenue forecast eased concerns about slowing growth and its move to double its share repurchase to $20 billion appeased investors.
Austria's finance ministry on Thursday played down concerns about U.S. sanctions officials scrutinising Raiffeisen Bank International over its Russia business.
U.S. home prices are forecast to decline modestly this year and by less than previously thought as demand has declined only slightly despite expectations that interest rates have further to rise, according to property analysts polled by Reuters.
Shares of Silvergate Capital Corp slumped 29% in premarket trading on Thursday, after the cryptocurrency-focused lender warned it was delaying its annual report and said it was evaluating its ability to operate as a going concern.
Electric vehicle (EV) maker Polestar on Thursday posted a smaller quarterly loss, maintained its 2023 production outlook and said it would not engage in price wars while weakening demand has forced some rivals to scale back output.
Top U.S. electronics retailer Best Buy Co Inc on Thursday joined peers with a cautious annual earnings forecast as uncertainty over the U.S. economy tempers expectations for a recovery in demand for discretionary products.
Tesla Inc's shares fell 6% premarket on Thursday, after Chief Executive Elon Musk and team's four-hour presentation failed to impress investors waiting for an affordable electric vehicle and a plan with a concrete timeline.
Toronto-Dominion Bank on Thursday posted higher quarterly profit, lifted by strong performance in its Canadian Personal and Commercial Banking business.
Macy's Inc posted better-than-expected holiday-quarter results and forecast annual profit largely above Wall Street estimates as the department store operator looks to cut back on massive promotions to protect margins, sending its shares up 13% in premarket trading.
Italian motorbike and scooter maker Piaggio said on Thursday it was confident about its 2023 targets despite a challenging macroeconomic and geopolitical backdrop, after posting record results last year.
Sponsors are not involved in the creation of newsletters or other Reuters news content.
