Sempra Misses Profit Estimates on Higher Expenses, Lower Utility Earnings

Nov 6 Reuters U.S. energy firm Sempra missed Wall Street estimates for thirdquarter profit on Wednesday, hurt by higher interest expenses and lower earnings from its utility businesses in Texas and California. Utilities are ramping up investments in their projects amid booming demand from data centers to power the artificialintelligence wave, but elevated interest rates in […]
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Super Micro Slumps as Weak Forecast, Annual Report Uncertainty Fuel Investor Angst

Nov 6 Reuters Shares of Super Micro Computer tumbled more than 24 to hit a near 18month low on Wednesday as an unclear timeline for its annual report along with weak quarterly forecasts fanned investor worries about the AIserver maker. The company39;s auditor Ernst Young unexpectedly stepped down last week after earlier highlighting some concerns over financial reporting. […]
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Food, FamilyMart Drive Japans Itochus H1 Profit Up 6

TOKYO, Nov 6 Reuters Japanese trading house Itochu on Wednesday posted 438.4 billion yen 2.9 billion in net profit for the six months to endSeptember, up 6 from a year earlier, on nonresource items including food and the FamilyMart convenience store chain. Itochu kept its net profit forecast for the fiscal year unchanged at 880 […]
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Tesla Shares Pop as Trump Claims Victory in 2024 US Presidential Race

Nov 6 Reuters Tesla shares surged 12 in premarket trading on Wednesday as Republican Donald Trump claimed victory in the U.S. presidential race against Democratic Vice President Kamala Harris. The electricvehicle maker39;s billionaire CEO, Elon Musk, has been an outspoken Trump supporter this year and has endorsed the former president throughout the electoral campaign. Musk has also promoted […]
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