Key Takeaways The high percentage of holders in profit might also hurt Ethereum’s rally, but one crucial aspect overshadows these developments. Over the weekend, Ethereum [ETH] has risen by 4.09%. The leading altcoin managed to defend the $3,700 support level and has also succeeded in climbing above the $3,860 local high from the 21st of July. Source: ETH/USDT on TradingView …
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Beijing Pivots to Rein In Excess Capacity Amid Squeezed Industrial Profit – The Wall Street Journal
Beijing Pivots to Rein In Excess Capacity Amid Squeezed Industrial Profit The Wall Street Journal China’s Problem With Competition: There’s Too Much of It The New York Times Markets bet Beijing is getting serious about China’s overcapacity Reuters China releases draft law amendment to help curb price wars Yahoo Finance Chinese investors snap up stocks on hopes for an end to price wars and …
Read More »Puma shares plunge 18% after full-year sales, profit outlook cut on U.S. tariffs
Sign at the entrance to the Puma store in Midtown Manhattan. Erik Mcgregor | Lightrocket | Getty Images Puma shares plummeted 18% Friday after the German sportwear brand posted worse-than-expected second-quarter sales and cut its full-year guidance, flagging the impact of U.S. trade tariffs. In a preliminary updated after markets closed on Thursday, the retailer said it expects full-year sales …
Read More »American Airlines Restores Profit Outlook With Lower Target – The Wall Street Journal
American Airlines Restores Profit Outlook With Lower Target The Wall Street Journal American Airlines scales back 2025 profit outlook as third-quarter forecast falls short CNBC American Airlines reports second-quarter 2025 financial results American Airlines Newsroom American Airlines CFO Declares Worst Is Over, But Cautious Outlook Sinks Stock Yahoo Finance American Airlines warns of a surprise loss amid concerns over future travel demand MarketWatch Source link
Read More »Tesla Expected to Report Falling Profit as Car Sales Fall – The New York Times
Tesla Expected to Report Falling Profit as Car Sales Fall The New York Times Get ready for more bad news from Tesla CNN Tesla earnings are coming Wednesday. Here’s what top analysts expect CNBC Tesla’s quarterly results: what are investors and fans looking for? Reuters Tesla’s Darkening Outlook to Test Robotaxi Vision Pushed by Musk Bloomberg Source link
Read More »Lockheed Martin Shares Plunge After $1.6B Classified Charge Crushes Profit
July 22 – Lockheed Martin (NYSE:LMT) shares fell more than 6% Tuesday after the defense contractor reported an 80% plunge in second-quarter profit. This profit decline was due to the $1.6 billion pretax charge tied to a classified Aeronautics program. Net income dropped to $342 million, or $1.46 per share, compared with $1.64 billion, or $6.85 per share, a year …
Read More »Wall Street edges to another record following mixed profit reports
NEW YORK (AP) — Wall Street inched to another record on Tuesday following some mixed profit reports, as General Motors and other big U.S. companies gave updates on how much President Donald Trump’s tariffs are hurting or helping them. The S&P 500 added 0.1% to the all-time high it had set the day before. The Dow Jones Industrial Average rose …
Read More »GM Profit Shrinks After $1.1 Billion Tariff Hit – The Wall Street Journal
GM Profit Shrinks After $1.1 Billion Tariff Hit The Wall Street Journal GM’s latest tariff hit: $1.1 billion CNN G.M. Profit Shrinks on Billion-Dollar Tariff Hit The New York Times GM says Trump tariffs knocked $1.1bn off its operating income last quarter theguardian.com General Motors takes $1.1 billion tariff hit, dinging profit and sending stock reeling MarketWatch Source link
Read More »GM Profit Falls as Trump Tariffs Add $1.1 Billion in Costs – Bloomberg.com
GM Profit Falls as Trump Tariffs Add $1.1 Billion in Costs Bloomberg.com G.M. Profit Shrinks on Billion-Dollar Tariff Hit The New York Times Trump tariffs take a $1 billion bite out of GM earnings; shares fall MSN GM beats earnings estimates as CEO says automaker works to ‘greatly reduce’ tariff exposure CNBC GM’s core profit slides in second quarter as Trump’s tariffs bite Yahoo Finance …
Read More »G.M. Profit Shrinks on Billion-Dollar Tariff Hit – The New York Times
G.M. Profit Shrinks on Billion-Dollar Tariff Hit The New York Times GM beats earnings estimates as CEO says automaker works to ‘greatly reduce’ tariff exposure CNBC GM’s Profit Falls After Trump Tariffs Add $1.1 Billion in Costs Bloomberg.com General Motors adjusted Q2 profit tops estimates as revenue falls MarketWatch General Motors (GM) Is About to Report Q2 Earnings Tomorrow. Here’s What to Expect TipRanks Source …
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