Stocks in the UK are called flat on Wednesday, with some large-cap UK company earnings for investors to digest, ahead of key catalysts to come from across the Atlantic.
Nvidia fell 4.4% on Tuesday.
Underlying EBITDA of $23.9 billion. Net cash generated from operating activities of $15.2 billion.
Profit after tax attributable to owners of Rio Tinto of $10.1 billion, after $0.7 billion of.
(Bloomberg) Rio Tinto Group’s underlying profit fell 12% last year on weaker commodities prices and rising costs, but the company still managed to pay a higher dividend.Most Read from BloombergYour 401(k) Will Be Gone Within a DecadeLargest Covid Vaccine Study Yet Finds Links to Health ConditionsPlay VideoUS Tells Allies Russia May Launch Anti-Satellite Nuclear Weapon Into Space This YearEuropean Stocks Retreat as Earnings Disappoint: Markets WrapThe world’s biggest iron ore miner posted an u
Mining giant Rio Tinto said that commodity price movements led to a $1.5bn hit to underlying profits in 2023, though results were partly offset by a stronger US dollar and lower energy prices.