Tapestry lifts annual targets, beats quarterly estimates on strong demand for Tabby bags
May 7 (Reuters) - Coach parent Tapestry on Thursday raised its annual forecasts for the third time this year and beat quarterly profit and revenue estimates on resilient demand from younger shoppers for its sought-after Tabby handbags and other leath...
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Canadian dollar forecasts more bullish as geopolitical risk ebbs: Reuters poll
By Fergal Smith TORONTO, May 7 (Reuters) - The Canadian dollar is expected to give back some recent gains against its U.S. counterpart in the coming months, but could resume its uptrend if economic uncertainty linked to the Middle East war and U.S. ta...
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Doordash shares jump after strong quarterly forecast on food, grocery delivery demand
May 7 (Reuters) - Doordash shares jumped 11% in premarket trading on Thursday, as demand for its food and grocery services helped the company forecast strong total order value for the second quarter despite concerns over higher gas prices. The delive...
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Swiss-based Terra Quantum lands US Air Force deal ahead of Nasdaq listing
By Dave Graham ZURICH, May 7 (Reuters) - Swiss-German firm Terra Quantum said on Thursday it had won a U.S. Air Force contract to supply software that simulates secure military communications in contested battlefield conditions, ahead of a Nasdaq lis...
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S&P 500, Nasdaq futures hit records as oil extends losses
May 7 (Reuters) - S&P 500 and Nasdaq futures hovered near all-time highs on Thursday as oil prices retreated further on hopes of a U.S.-Iran peace deal that could potentially normalize crude supplies through the Strait of Hormuz. The United States and...
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