04:46 AM EDT, 05/01/2024 (MT Newswires) -- (Updates with the stock move in the headline and the first paragraph.) AMD (AMD) shares fell nearly 7% pre-bell Wednesday after the company reported a narrow beat on adjusted earnings and sales in Q1. The company reported Q1 non-GAAP earnings late Tuesday of $0.62 per diluted share, up from $0.60 a year earlier....

04:54 AM EDT, 05/01/2024 (MT Newswires) -- (Updates with the stock move in the headline and the first paragraph.) Starbucks ( SBUX ) shares sank more than 12% in premarket activity Wednesday after the company reported fiscal Q2 adjusted earnings and sales that missed the market's expectations. The company reported fiscal Q2 non-GAAP earnings late Tuesday of $0.68 per share,...

(Reuters) - European shipping firms Maersk and Hapag-Lloyd are unlikely to get a big boost from soaring freight rates due to the Red Sea crisis in the first quarter, reinforcing worries about overcapacity in the long run. Spot freight rates tripled to almost $3,500 a container after vessels began avoiding the Red Sea due to attacks by Houthi militants, the...

HELSINKI/LONDON, April 30 (Reuters) - Estonia has accused neighbouring Russia of jamming GPS navigation devices in airspace above the Baltic states, echoing concerns from airlines that say they have been contending with such interference for months. Estonian Foreign Minister Margus Tsahkna's accusation, for which he provided no proof, followed Finnair's decision to pause flights to Tartu in eastern Estonia for...