Bausch + Lomb Will Release First-Quarter 2024 Financial Results on May 1

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AFP News
Chinese tech giant Huawei profit surges 564%, biting into Apple sales
Tech giant Huawei's first-quarter profits surged over fivefold year-on-year, a company filing showed Tuesday, as the US-sanctioned firm continues a rebound and bit into competitor Apple's sales in China.Net profit in the January-March period amounted to $2.7 billion, up 564 percent from the first quarter of last year, according to a results filing by Huawei's holding company on an official website and confirmed by a representative of the firm.
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DBS reports record 1QFY2024 net profit of $2.96 bil, 15% higher y-o-y
An interim dividend of 54 cents has been declared.
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Reuters
DBS quarterly results trounce forecasts, another record year expected
SINGAPORE (Reuters) -Singapore's biggest bank DBS Group reported on Thursday first-quarter results that trumped expectations with broad-based growth and said it expects net profit to exceed last year's record result. Underpinned by robust business momentum as loans grew and both fee income and treasury customer sales reached new highs, net profit jumped 15% from the same period a year earlier to S$2.96 billion ($2.2 billion), beating market expectations for a 3.5% decline. Guidance that net profit would grow this year was more upbeat than in the previous quarter when DBS said only that it expected this year's net interest income to be around 2023 levels.
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The $34 trillion U.S. debt is nearly as big as the economy and there’s (still) no plan to fix it
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AFP News
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13 hours ago
Reuters
Starbucks shares hit two-year low as China, US demand clouds outlook
Shares of Starbucks fell 15% to their lowest in nearly two years on Wednesday, after the coffee chain cut annual forecasts on persistent weak demand from inflation-weary U.S. customers and a slower-than-expected economic recovery in China. Price hikes taken last year have forced customers to ditch cafes and restaurants and instead drink coffee at home, hurting business for chains such as Starbucks. "The inability to stop the traffic leakage from the early signs of pull-back in November to date and the worsening macro and competitive dynamics in China may suggest prolonged challenges and no evidence of light at the end of the tunnel," Danilo Gargiulo, senior analyst at Bernstein, wrote in a note.
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AFP News
Dollar steady and London shares higher before Fed update on rates
The dollar steadied and London shares were slightly higher in holiday-thinned trading Wednesday as investors awaited clarity on the outlook for US interest rates.The dollar, which has gained in recent days against other currencies on interest rate differentials, was largely flat Wednesday as many investors were either away for the May Day holidays or on hold ahead of the Fed's announcements.
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Crypto washout sends bitcoin below $58,000 ahead of Fed decision
Bitcoin slid by almost 6% on Wednesday, having posted its worst monthly performance in April since late 2022, as investors pulled money out of cryptocurrencies ahead of an interest rate decision by the Federal Reserve later. The value of the world's most traded cryptocurrency fell by nearly 16% in April, as investors booked profits on a sizzling rally that has taken the price to record highs above $70,000. The price of bitcoin is now a full 22% below March's record of $73,803, technically putting it in a bear market.
a day ago

Date:		Wednesday, May 1, 2024

Time:		8 a.m. ET

Webcast:		https://www.webcaster4.com/Webcast/Page/2883/49631

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Bausch + Lomb Will Release First-Quarter 2024 Financial Results on May 1

Latest stories

Bitcoin Plunges. Here’s Why and How Far Prices Could Fall.

5 Singapore Stocks Paying Out Dividends in May

Tech founder’s $33bn fortune makes him world’s richest prisoner

Chinese tech giant Huawei profit surges 564%, biting into Apple sales

DBS reports record 1QFY2024 net profit of $2.96 bil, 15% higher y-o-y

5 High-Yielding Singapore REITs Backed by Strong Sponsors

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DBS quarterly results trounce forecasts, another record year expected

Mapletree Logistics Trust’s DPU Dips Slightly to S$0.09003 for FY2024: 5 Highlights from the Logistics REIT’s Earnings

The $34 trillion U.S. debt is nearly as big as the economy and there’s (still) no plan to fix it

Suze Orman Says This Is the Only Way To Be Investing in the Stock Market

Bitcoin Could Drop Further to as Low as $50K, Standard Chartered Says

Stock market today: Stocks end mixed in volatile session after Fed decision, Powell comments

US Federal Reserve keeps interest rates at 23-year high

Starbucks shares hit two-year low as China, US demand clouds outlook

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Dollar steady and London shares higher before Fed update on rates

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Crypto washout sends bitcoin below $58,000 ahead of Fed decision