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Cryoport cuts FY guidance as Q2 revenue hurt by weaker demand; Shares sink
Stock Market

Cryoport cuts FY guidance as Q2 revenue hurt by weaker demand; Shares sink By Investing.com

© Reuters Investing.com – Cryoport plunged in after-hours Wednesday after the logistics solutions provider cut its annual guidance as weaker demand and clinical trial delays

Lucid sinks as deliveries fall short of expectations amid demand concerns
Stock Market

Lucid sinks as deliveries fall short of expectations amid demand concerns By Investing.com

© Reuters. Lucid (LCID) sinks as deliveries fall short of expectations amid demand concerns Shares of American luxury EV startup Lucid (NASDAQ:) fell more than

Amazon's Prime Day to Test Consumer Demand
Business

Amazon's Prime Day to Test Consumer Demand

The indicator of shopping patterns arrives this year after a period of slow sales for the company and concerns about the economy. Source link

BoE's Bailey urges firms to assume lower inflation when setting prices By Reuters
Finances

China factory gate deflation deepens in June on weak demand By Reuters

© Reuters. FILE PHOTO: Smokes billows from the chimneys of a steel plant in Wu’an, Hebei province, China, February 23, 2017. Picture taken February 23,

Taiwan June exports slump the most in 14 years on weak China, US demand By Reuters
Finances

Taiwan June exports slump the most in 14 years on weak China, US demand By Reuters

© Reuters. A cargo ship is pictured at a port in Keelung, Taiwan, January 7, 2022. REUTERS/Ann Wang By Roger Tung and Faith Hung TAIPEI

Business

Iron ore dips on demand concerns, China stimulus awaited

By Enrico Dela Cruz July 7 (Reuters) – Dalian and Singapore iron ore futures dipped on Friday, moving in a tight range this week, as

Finances

Big Japanese manufacturers remain gloomy as external demand ebbs

© Reuters. FILE PHOTO: Employees of Sanko Manufacturing Co. are seen at the assembly line of the company’s ventilators at a factory in Saitama, north

Demand for Obesity Drugs Has Insurers Paying Close Attention
Finances

Demand for Obesity Drugs Has Insurers Paying Close Attention

Markets Heard on the Street Strong sales of obesity-diabetes drugs known as GLP-1s could affect insurance companies’ financial results Source link

Nervousness over banks sends euro 1% lower despite PMI By Reuters
Finances

Turkey’s cenbank urges banks to avoid creating forex demand, bankers say By Reuters

© Reuters. FILE PHOTO: Turkey’s Central Bank headquarters is seen in Ankara, Turkey in this January 24, 2014 file photo. REUTERS/Umit Bektas By Nevzat Devranoglu