By Kenneth Li NEW YORK (Reuters) -Thomson Reuters on Thursday confirmed 2025 financial guidance amid tariff-induced global economic turmoil that has led some companies to revise or scrap forecasts altogether. The Toronto-based content and technology company reported quarterly revenue rising 1% to $1.9 billion, slightly below analyst expectations of $1.93 billion, according to LSEG data. Organic re ...
By Chuck Mikolajczak NEW YORK (Reuters) -U.S. stocks rallied on Thursday, with the Dow and S&P 500 posting their eighth straight session of gains after strong results from megacaps Microsoft (NASDAQ:MSFT) and Meta eased concerns about artificial intelligence spending. Microsoft surged and hit its highest level since late January, driven by an upbeat quarterly growth forecast for its cloud-comp ...
By Allison Lampert and Utkarsh Shetti (Reuters) -Howmet Aerospace raised its 2025 profit forecast on Thursday, despite impacts from U.S. tariffs, sending shares up 7.8% as the maker of castings and fasteners expects to pass on higher costs and sees strong demand from increased jet production. The U.S. aerospace industry is seeking a tariff exemption to alleviate rising production costs and supply- ...
By Nathan Gomes (Reuters) - Harley-Davidson (NYSE:HOG) on Thursday warned of a hit to its full-year results from tariffs and suspended its 2025 forecasts as the motorcycle maker expects a bumpy ride due to U.S. President Donald Trump’s trade policies. The company, which had previously projected a flat to 5% decline in annual per-share profit, took a $9 million hit in the first quarter and said i ...