Stellantis Says Profit Plunged as Tariffs Began to Bite The New York Times Car maker Stellantis says US tariffs have cost it €300m BBC Stellantis reports $2.7 billion loss thanks to tariffs, restructuring, slow sales The Detroit News Jeep Maker Stellantis Posts $350 Million Tariff Bill—and Record Net Loss The Wall Street Journal Stellantis warns of $2.7 billion loss for 1st half of 2025 …
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CBS’ Colbert Cancellation and Late-Night’s Profit Free Fall
Late night hosts are just like us: They vent in group texts too. So it is that CBS Late Show host Stephen Colbert, NBC Tonight Show host Jimmy Fallon, Late Night host Seth Meyers, ABC host Jimmy Kimmel and HBO Last Week Tonight host John Oliver “commiserate” in a group text, stemming from their strike-era podcast Strike Force Five. “It’s …
Read More »Charles Schwab Profit Jumps on Tariff Trading Surge – The Wall Street Journal
Charles Schwab Profit Jumps on Tariff Trading Surge The Wall Street Journal Charles Schwab profit surges on trading boom, asset growth Yahoo Finance Schwab’s stock approaches all-time high as 1 million new brokerage accounts boost profit MarketWatch Schwab Earnings Top Estimates on Trading Boost, Client Assets Bloomberg Charles Schwab’s Asset Gathering in Focus for Quarterly Earnings Barron’s Source link
Read More »American Express exceeds profit expectations on robust spending
By Niket Nishant (Reuters) -American Express surpassed Street estimates for second-quarter profit on Friday, fueled by resilient spending from its affluent cardholders. The beat underscores how the credit card giant’s focus on wealthy customers has helped insulate it from the effects of waning consumer confidence, which is more pronounced among lower-income households. While not representative of the broader economy, AmEx’s …
Read More »TSMC Stock Soars After Q2 Profit Jumps 60% on AI Chip Surge
July 17 – Shares of Taiwan Semiconductor Manufacturing (NYSE:TSM) climbed about 4% in pre?market trading Wednesday, driven by stronger?than?expected second?quarter results. TSM posted net profit of NT$398.27 billion or $2.47 per ADR, up 61% from $1.48 a year earlier, while revenue rose 38.6% to $31.7 billion, topping its own guidance of $29.2 billion. The foundry credited robust demand for artificial …
Read More »ABB Posts Higher Profit, Record-High Order Intake – The Wall Street Journal
ABB Posts Higher Profit, Record-High Order Intake The Wall Street Journal ABB draws record orders on booming demand from AI data centers and US buyers Yahoo Finance ABB: Q2 Earnings Snapshot San Francisco Chronicle ABB posts record orders on booming US and data centre demand Reuters ABB Ltd’s Q1 2025 Profit Surge: A Blueprint for Capturing the Energy Transition and Automation Megatrends AInvest Source link
Read More »Goldman Sachs Profit Surges on Higher Trading Revenue – The Wall Street Journal
Goldman Sachs Profit Surges on Higher Trading Revenue The Wall Street Journal Goldman Sachs tops estimates as traders generate $840 million more revenue than expected CNBC Trading and dealmaking boosted Goldman profits as Wall Street overcame Trump tariff chaos Yahoo Finance Goldman’s profit tops estimates as market turbulence powers record equities revenue Reuters Goldman Posts Best Stock-Trading Quarter in Wall Street History Bloomberg.com Source link
Read More »Labubu firm sees profit soaring by at least 350%
Pop Mart, the Chinese toy firm behind the hugely popular Labubu dolls, has said its profits are set to soar for the first six months of this year. The Beijing-based company said it expects profits for the period to jump by at least 350% as revenues more than tripled. Pop Mart, which has a stock market value of more than …
Read More »Wells Fargo Profit Rises After Lifting of Asset Cap – The Wall Street Journal
Wells Fargo Profit Rises After Lifting of Asset Cap The Wall Street Journal Wells Fargo Cuts Net Interest Income Guidance After a Miss Bloomberg.com Wells Fargo profit beats estimates, cut to interest income forecast weighs on shares CNBC Wells Fargo snaps streak of revenue misses, but the stock is falling. Here’s why. MarketWatch Wells Fargo (WFC) Tops Q2 Earnings and Revenue Estimates Yahoo Finance Source …
Read More »JPMorgan profit beats estimates on Wall Street rebound; raises interest income forecast – Reuters
JPMorgan profit beats estimates on Wall Street rebound; raises interest income forecast Reuters JPMorgan Chase tops estimates on stronger-than-expected trading, investment banking CNBC Bloomberg Intelligence: JPMorgan’s Surprise Dealmaking Gain Shows Tariff Fear Easing Bloomberg JPMorgan’s Jamie Dimon says Fed independence is ‘absolutely critical’ after $2.5B HQ row New York Post JPMorgan Chase Profit Falls 17% but EPS Surpasses Wall Street Estimates Barron’s Source link
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