Disney Pares Streaming Losses, Takes Hit From India Deal

The entertainment giant added streaming customers as it swung to a loss as a result of a charge from an India media venture. 


 
Instacart, Uber Join Forces to Add Uber Eats to Instacart App

The two announce the partnership as they face competition from common rival DoorDash. 


 
Nikola Stock Rises After Sales Miss. 'Green Shoots' Spring Up.

Nikola reported a per-share loss of 11 cents from sales of $7.5 million. Wall Street was looking for a 10-cent loss from sales of $15.8 million. 


 
WK Kellogg's stock rises as revenue beats analyst estimates

Cereal giant says margins grew wider. 


 
Bloomin' Brands swings to Q1 loss, is exploring 'strategic alternatives' for Brazil business

In a separate announcement, the owner of Outback Steakhouse, Carrabba's Italian Grill and Bonefish Grill announced that Chief Executive Officer David Deno will be retiring after 12 years with the company, including the last five as CEO. 


 
Saudi Aramco Net Income Falls on Declining Crude Oil Volumes

Saudi Arabia's national oil company first-quarter profit fell and missed analysts' forecasts due to a lower volume of crude oil sold and weaker refining and chemicals margins. 


 
Tesla's China Sales Fell in April

Tesla's sales in China dropped in April, while its Chinese rivals reported higher sales as the country's electric-vehicle market rebounded from a slow start this year. 


 
OpenAI Says It Can Now Detect Images Spawned by Its Software-Most of the Time

The startup's new tool detects 98% of pictures generated by its text-to-image generator DALL-E 3, but success drops if the images are altered. 


 
Tesla Faces Strong Self-Driving Rivals in China

Elon Musk's visit stoked excitement, but the company has plenty of homegrown competition for FSD. 


 
Starliner Launch Delayed After Problem With Rocket Valve

A Boeing spacecraft was due to take its inaugural crewed flight Monday, carrying NASA astronauts to the International Space Station.


(END) Dow Jones Newswires

05-07-24 0915ET