Aug 18 Reuters Xpeng, on Friday forecast thirdquarter revenue below analysts39; expectations and reported a hit to margins following an inventory writedown, sending its U.S.listed shares down 7 before the bell. The Chinese electric vehiclemaker forecast revenue of 8.5 billion yuan to 9 billion yuan for the current quarter ending September, below estimates of 9.77 […]

Aug 18 Reuters Estee Lauder projected annual net sales and profit below estimates on Friday, signaling a slowerthanexpected recovery in its travel retail business, mainly in Asia, and easing demand in the United States, sending its shares down about 5 in premarket trade. Major companies across the globe have taken a cautious stance regarding their bets on a […]