Tag Archives: Profits

Tesla profits slide 16%, despite Elon Musk’s pivot back to his companies : NPR

Tesla profits slide 16%, despite Elon Musk’s pivot back to his companies : NPR

A 2023 Model X sports-utility vehicle sits outside a Tesla dealership Sunday, June 18, 2023, in Englewood, Colo. David Zalubowski/AP hide caption toggle caption David Zalubowski/AP Tesla on Wednesday reported a drop in its profit during the second quarter, as the electric vehicle maker continues to struggle despite CEO Elon Musk’s pivot back to focusing on his companies after his …

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Coca-Cola plans cane-sugar Coke as higher prices boost profits – Reuters

Coca-Cola plans cane-sugar Coke as higher prices boost profits  Reuters Coca-Cola is releasing a Trump-approved new version of its soda  CNN What Is High-Fructose Corn Syrup  The New York Times Here’s how Coke using sugar instead of corn syrup could affect your health  Axios Coca-Cola confirms a cane-sugar version of its trademark cola is coming to the US  AP News Source link

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Bank of America Posts Better Profits, But Lower Revenue, Than Expected

Bank of America Posts Better Profits, But Lower Revenue, Than Expected

Bank of America (BAC) on Wednesday reported better second-quarter profits than analysts had projected, while revenue and net interest income fell just short. The firm said Wednesday it earned $0.89 per share in the second quarter, beating estimates by 4 cents, while revenue was up 4% from the same time a year ago to $26.46 billion, slightly below the analyst …

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Goldman Sachs profits jump 22% on investment banking revival – Financial Times

Goldman Sachs profits jump 22% on investment banking revival – Financial Times

Goldman Sachs profits jump 22% on investment banking revival  Financial Times Goldman Sachs tops estimates as traders generate $840 million more revenue than expected  CNBC Goldman Sachs Profit Surges, Powered by Trading, Investment Banking Revenue  The Wall Street Journal 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 …

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Bitcoin Stalls as Traders Book Profits Amid Jerome Powell Succession Talks

Bitcoin Stalls as Traders Book Profits Amid Jerome Powell Succession Talks

In brief Bitcoin dropped 4.5% from its all-time high to $117,250 as traders locked in profits and exchange inflows surged. Sticky inflation and Fed uncertainty added pressure, with June CPI rising to 2.7%, dimming hopes of rate cuts. Powell’s potential replacement is becoming a political flashpoint, with Treasury Secretary Bessent confirming a formal succession process is underway. Bitcoin’s dip on …

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