HONG KONG — Asian shares were mixed on Thursday after Wall Street’s lull stretched into a second day, with Chinese benchmarks rising after China reported better-than-expected trade figures for April.In Tokyo, the Nikkei 225 index was down 0.3% at 38,073.98.
The Hang Seng in Hong Kong added 1.1% to 18,508.53 and the Shanghai Composite index gained 0.6% to 3,148.34. Uber Technologies slumped 5.7% after reporting worse results for the latest quarter than analysts expected. It also gave a forecasted range for bookings in the current quarter whose midpoint fell below analysts’ estimates.and revenue for the latest quarter than analysts expected. The company, which helps businesses sell things online, said its revenue growth would likely slow this quarter and that it would likely make less profit off each $1 in revenue.Match Group sank 5.
Arista Networks climbed 6.5% for the biggest gain in the S&P 500 after topping expectations for both profit and revenue. The company sells network components to large scale operations such as datacenters or cloud computing networks. CALGARY — Suncor Energy Inc. says it earned $1.61 billion in the first three months of 2024, down from $2.05 billion a year earlier. The Calgary-based energy giant says its first-quarter earnings amount to $1.25 per common share, compared with $1.54 in the first quarter of 2023. On an adjusted basis, Suncor says its operating earnings of $1.82 billion in the first quarter of 2024 were comparable to $1.81 billion in the prior year's quarter.
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