Tag Archives: Profit

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 …

A motorist from Michigan is set to make a healthy profit after splashing out $52,000 on a 2021 Chevrolet Camaro, putting just 8,400 miles on the clock and putting it up for sale. Chevrolet introduced the pony car all the way back in 1966.  It was initially launched as an intended competitor for the Mustang.  Since its introduction, millions of …

The Tycoons Who Profit From India’s Thirst for Russian Oil  The New York Times US-India trade war throws spotlight on Mukesh Ambani’s Russian oil windfall  Financial Times Exports of oil products by private Indian refiners  Reuters Indian Rosneft-backed refinery unable to find ships to transport fuel – Reuters  Українська правда Sanctioned Refiner Nayara Asks New Delhi for Shipping Help  Bloomberg.com Source link

Image: Push Square In every conceivable measure, the PlayStation business is absolutely thriving. While there’s been a huge amount of chatter about the trajectory of consoles in 2025, Sony’s latest financial report paints a completely different picture. Over the last few years, one criticism that’s been levelled at the PlayStation business is its razor thin margins. But in the three …

Japanese investment holding company SoftBank Group (OTC:SFTBF) (OTC:SFTBY) reported first-quarter results on Thursday. The company reported quarterly net sales of 1.82 trillion Japanese yen ($12.54 billion), up from 1.70 trillion yen ($11.71 billion) a year ago. SoftBank segment net sales grew 8% to 1.66 trillion yen ($11.43 billion). Arm (NASDAQ:ARM) net sales rose 4% to 152.9 billion yen ($1.05 billion). The division incurred a …

Key Takeaways Results from a late-stage trial of Eli Lilly’s experimental weight loss pill were disappointing, sending shares of the drugmaker tumbling. The study found average weight loss from the treatment was below that of rival Novo Nordisk’s Wegovy. The news offset Lilly’s much better-than-expected quarterly results and guidance boost. Ely Lilly (LLY) shares sank 14% Thursday when the pharmaceutical …

Facebook Tweet Email Link Reuters  —  Japan’s Toyota Motor said Thursday that it expected a profit hit of nearly $10 billion from President Donald Trump’s tariffs on cars imported into the United States, the highest such estimate yet by any company. The world’s top-selling car maker also cut by 16% its forecast for full-year operating profit, reflecting challenges for global …

Hims & Hers Health Reports Higher Profit, Revenue  The Wall Street Journal Hims & Hers stock falls 10% on revenue miss  CNBC Investing in the Future of Healthcare  Hims & Hers Newsroom Hims & Hers Health Stock Stumbles After Earnings. Here’s Why.  Barron’s IBD 50’s Hims & Hers Plummets By Double Digits. Is The Obesity Business In Trouble?  Investor’s Business Daily Source link

Berkshire Earnings Key Takeaways: Strong Profit, No Buybacks, High Cash Levels  Barron’s Berkshire Hathaway operating earnings dip 4% as conglomerate braces for tariff impact  CNBC Berkshire takes $3.8 billion Kraft Heinz writedown, profit falls  New York Post Warren Buffett’s Berkshire Hathaway sold another $3 billion of stocks as investor enters home stretch as CEO  Yahoo Finance Berkshire’s Quarterly Earnings Drop on Insurance Results, Currency …

Marcus Lemonis — the multimillionaire entrepreneur known for dishing out tough love tactics and advice to small businesses across the US — returned to reality television this summer. “Every episode, I’m meeting businesses at a crossroads,” he told viewers during the double episode premiere of Fox’s “The Fixer.” “I’m not a consultant. I don’t believe in handouts. I’m a capitalist.” …