Boeing Burns Through $4 Billion of Cash and Scales Back 737 MAX Production

The aircraft maker has cut production to fix quality problems after door-panel blowout. 


 
AT&T's stock rallies after a big subscriber boost and a beat on free cash flow

AT&T delivered a sharp boost in free cash flow for the first quarter, while delivering a beat on that closely watched metric. 


 
Hasbro Stock Pops on Strong Earnings. Toy Maker Cites Progress in 'Turnaround Efforts.'

Hasbro easily beats quarterly estimates for earnings and sales. 


 
Elon Musk Needs Cheaper Teslas to Pay for Everything Else He Wants

Tesla's plan for a more affordable model that might revive growth and cash flows has been accelerated at the expense of ambition. 


 
At Moderna, OpenAI's GPTs Are Changing Almost Everything

'People literally talk about how AI is going to cure diseases someday, and I think this is a very meaningful first step,' said OpenAI CEO Sam Altman. 


 
Boston Scientific Stock Rises on More Than Just an Earnings Beat

The medical-device company tops first-quarter sales and profit estimates. 


 
Biogen's stock climbs as first-quarter profit tops estimates, Alzheimer's drug uptake improves

Biogen shares gained ground before market open Wednesday, after the company reported first-quarter profit that beat analysts' expectations amid improving uptake of its Alzheimer's treatment. 


 
Prada Posts Higher Revenue Despite Luxury Slowdown

Prada reported an increase in revenue for the first three months of the year, despite what it called a more challenging market environment as the luxury sector grapples with slowdown in sales growth. 


 
Hilton's stock pops after earnings beat estimates, despite inclement weather

Hilton's stock rose early Wednesday, after the hotel operator's first-quarter earnings beat estimates, even as the company grappled with bad weather and other issues. 


 
Kering Hit After Warning on Profits

Shares in Kering dropped after the Gucci owner said it expected sharply lower operating profit in the first half, as it grapples with sluggish demand in China.


(END) Dow Jones Newswires

04-24-24 0915ET