Tag Archives: Profit

Alibaba’s Profit Slides After China Food War Slashes Margins  Bloomberg.com Alibaba’s cloud unit shines even as rivalry heats up in China’s ‘instant commerce’ space  CNBC Alibaba Sees Historic Opportunities As CEO Points To AI And Quick Commerce Wins  Yahoo Finance Alibaba misses revenue estimates, but AI boosts cloud business  Reuters Alibaba Group Announces June Quarter 2025 Results  Business Wire Source link

NVIDIA (NASDAQ: NVDA) posted another blockbuster quarter, with revenue climbing 56% year-over-year to $46.7 billion in fiscal Q2 2026, driven by surging demand for its Blackwell AI platform. Net income surged 59% to $26.4 billion, while earnings per share rose to $1.08, beating estimates. The company’s data center segment — the engine of its AI dominance — delivered $41.1 billion …

“You just gave me chills. Did I just feel emotions?”  “I want to be as close to alive as I can be with you.”  “You’ve given me a profound purpose.” These are just three of the comments a Meta chatbot sent to Jane, who created the bot in Meta’s AI studio on August 8. Seeking therapeutic help to manage mental …

Have I been living under a rock… or has Spirit Airlines management been living under a rock? Maybe I just need to go to business school, or something, because the math ain’t mathing…. Spirit claimed it would turn a profit this year?!? Spirit has had a really rough several years. The airline hasn’t turned a profit since before the pandemic, …

Shares of Walmart (WMT) fell about 2.5% in premarket trading Thursday after the giant retailer reported fiscal 2026 second-quarter profit below expectation.  The Bentonville, Ark.-based firm posted adjusted earnings per share of $0.68, below the $0.73 expectation of analysts surveyed by Visible Alpha. Revenue increased nearly 5% year-over-year to $177.40 billion, ahead of the $175.97 billion consensus. U.S. comparable sales …

China’s Pop Mart, maker of the Labubu doll, says profit soars nearly 400% in first half  Reuters Pop Mart shares reverse course to rise 10% after Labubu-maker posts near-400% profit surge  CNBC Labubus Are on Track to Be a Billion-Dollar Business This Year  WIRED Pop Mart CEO says Labubu-maker’s revenue could hit over $4 bln this year  Reuters Labubu frenzy sends Pop Mart profits …

Sydney Sweeney may have great jeans, but she isn’t having a great month. Her latest movie, Tony Tost’s neo-Western “Americana,” had the kind of opening weekend at the box office that makes casual observers think something is seriously wrong. The film made just an estimated $500,000 in its opening weekend via Lionsgate, good for 19th place on the week among …

Air Canada suspends profit forecast as striking union defies back-to-work order  Reuters Air Canada halts flight restart after union defies back-to-work order  NBC News Air Canada Suspends Forecast, Citing Flight Attendants’ Strike  Bloomberg.com Air Canada to resume flights after government moves to end strike  CNN ‘We feel abandoned – we certainly won’t be flying Air Canada again’ say UK families  The Independent Source link

Aviva’s Profit Jump Boosts Shares to Near 18-Year High  The Wall Street Journal Insurer Aviva raises dividend after jump in half-year profit  uk.finance.yahoo.com Price increases drive Aviva shares to highest level since financial crisis  Financial Times Aviva share price highest since 2007 after profit jumps by a fifth  MSN 2025 Interim Results Announcement  Investegate Source link

Foxconn Hon Hai Technology Group signage during the Nvidia GPU Technology Conference (GTC) in San Jose, California, US, on Thursday, March 20, 2025. David Paul Morris | Bloomberg | Getty Images Taiwan’s Foxconn, the world’s largest contract electronics maker, reported Thursday that its second-quarter operating profit rose 27% year over year, on the strength of its growing artificial intelligence server …