News Highlights: Top Company News of the Day - Wednesday at 5 AM ET

Google Delays Cookie Phase-Out Following Regulatory Pushback 
 

The move has major ramifications for the $600 billion online ad industry.

 
TikTok Isn't Going Away-at Least Not Yet. Here's What to Know. 
 

The Chinese owner will have up to a year to sell the app. If it doesn't, then TikTok will be banned in the U.S.

 
Tesla Accelerates Rollout of More-Affordable EVs as Profit Drops Sharply 
 

The EV maker's shares rose in after-hours trading following news that it is looking to bring new models to market sooner.

 
Oracle Is Moving to Nashville, Founder Larry Ellison Says 
 

The move reflects the Tennessee city's position in healthcare and the software company's focus on growing in that market.

 
Elon Musk and SpaceX hit reusable-rocket milestone with Starlink satellite launch 
 

The launch from Space Launch Complex 40 at Cape Canaveral Space Force Station marked the 300th time that SpaceX has landed a rocket booster after launch.

 
Roche to Meet Full-Year Hopes as Sales Beat Forecasts 
 

Roche first-quarter sales declined on weak demand for its Covid-19 products and currency headwinds but it remained confident of meeting its full-year guidance.

 
Eni Buyback Plan Despite Disappointing First-Quarter 
 

Eni reported first-quarter results that fell short of analysts' forecasts but said it would increase its share buybacks in 2024 to EUR1.6 billion.

 
Lloyds Banking Keeps Outlook as Net Interest Margin Tops Hopes 
 

Lloyds Banking maintained its full-year guidance as it reported a slightly better-than-expected net interest margin for the first quarter but weaker-than-forecast pretax profits.

 
Volvo Car Positive on Demand Outlook 
 

Volvo Car's first-quarter earnings missed forecasts, but the company said it expected the demand for its cars to remain robust in the coming quarters and still sees retail sales growth increasing this year.

 
Orange Outlook on Track Despite Earnings Miss 
 

Orange delivered higher earnings for the first quarter, boosted by strong revenue growth in its Africa and Middle East division, and backed its full-year guidance.

(END) Dow Jones Newswires

April 24, 2024 05:15 ET (09:15 GMT)

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