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PTC forecasts quarterly revenue below estimates on tight tech spending

PTC forecasts quarterly revenue below estimates on tight tech spending Nov 6 (Reuters) - Industrial software maker PTC PTC.O forecast first-quarter revenue below estimates on Wednesday, signaling continued weakness in demand for its industrial design and testing software as companies keep a tight leash on budgets. Businesses have dialed back on software budgets in the wake of high-interest rates and an uncertain economy, weighing on demand for companies such as PTC.
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For Europe's markets, Trump's return spells euro pain but bond gains

ANALYSIS-For Europe's markets, Trump's return spells euro pain but bond gains Traders mull Trump win impact on European markets Euro worst-performing developed currency, bonds gain Some banks see prospect for euro drop to parity European stocks seen fragile, facing Trump tariff risks Updates with German government uncertainty in paragraph 3 By Yoruk Bahceli and Lucy Raitano LONDON, Nov 6 (Reuters) - Investors are bracing for further economic pain in Europe that could deepen euro losses and hurt
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Lamborghini revenue jumps 20% on high demand for all models

Lamborghini revenue jumps 20% on high demand for all models Nov 6 (Reuters) - Italian luxury sports car maker Lamborghini posted on Wednesday nine-months revenue that was up by 20% to 2.43 billion euros ($2.60 billion), driven by a solid order backlog and high demand for all models. The firm delivered 8,411 cars in the first nine months of 2024, an 8.6% increase compared to same period last year, when it topped 10,000 deliveries for the first time.
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For Europe's markets, Trump's return spells euro pain but bond gains

ANALYSIS-For Europe's markets, Trump's return spells euro pain but bond gains Traders mull Trump win impact on European markets Euro worst-performing developed currency, bonds gain Some banks see prospect for euro drop to parity European stocks seen fragile, facing Trump tariff risks By Yoruk Bahceli, Lucy Raitano LONDON, Nov 6 (Reuters) - Investors are bracing for further economic pain in Europe that could deepen euro losses and hurt its stocks, as a second Donald Trump presidency raises the pr
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EV maker Rivian may report first quarterly revenue drop since IPO

PREVIEW-EV maker Rivian may report first quarterly revenue drop since IPO By Akash Sriram and Abhirup Roy Nov 6 (Reuters) - Rivian RIVN.O is expected to report on Thursday its first drop in quarterly revenue since going public three years ago, after a shortage of parts forced the maker of electric SUVs and pickups to slash its 2024 production target last month.
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