(Reuters) - Profit growth momentum of the so-called Big Six technology stocks could collapse over the next few quarters, UBS Global Research strategists said on Monday, downgrading its rating on the mega-cap companies. Growth in earnings per share (EPS) of the Big 6 TECH+ stocks - Apple ( AAPL ), Amazon.com ( AMZN ), Alphabet, Meta, Microsoft ( MSFT ),...

08:53 AM EDT, 04/22/2024 (MT Newswires) -- Chipotle Mexican Grill ( CMG ) said Monday that it has opened its first Middle East location in Kuwait City. The company said the high-end fast-food Mexican eatery has been operating on curtailed hours since the beginning of the month and will hold its official grand opening on Tuesday. Chipotle said it plans...

MOSCOW, April 22 (Reuters) - A military court in Moscow on Monday sentenced Meta Platforms ( META ) spokesperson Andy Stone to six years in prison for publicly defending terrorism, a verdict handed down in absentia, RIA news agency reported. Meta itself is designated an extremist organisation in Russia and its Facebook and Instagram social media platforms have been banned...

08:56 AM EDT, 04/22/2024 (MT Newswires) -- Albertsons ( ACI ) reported fiscal Q4 adjusted net income Monday of $0.54 per diluted share, down from $0.79 a year earlier. Analysts polled by Capital IQ expected $0.52. Net sales and other revenue for the quarter ended Feb. 24 were $18.34 billion, up from $18.27 billion a year earlier. Analysts surveyed by...