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 …
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Rumble Shares Gain After Possible Northern Data Deal, Second-Quarter Results – The Wall Street Journal
Rumble Shares Gain After Possible Northern Data Deal, Second-Quarter Results The Wall Street Journal Tether-Backed Rumble, Northern Data Weigh $4.5 Billion AI Cloud Merger Bloomberg.com Rumble weighs near $1.2 billion bid for German AI cloud firm Northern Data Reuters M&A News: Rumble (RUM) Explores $1.2B Takeover of Germany’s Northern Data TipRanks Tether and Rumble bet on AI with $1.17B Northern Data acquisition Cointelegraph Source link
Read More »Warner Bros. Discovery film studios lift second-quarter results
Warner Bros. Discovery’s earnings got a boost from its film studios after a handful of box-office hits during the second quarter. The period from April though June saw the releases of “A Minecraft Movie,” “Sinners,” “Final Destination: Bloodlines” and “F1,” which together generated $2 billion in the global box office to date, the company said Thursday. WBD reported total revenue …
Read More »Lilly reports second-quarter 2025 financial results and raises guidance – Eli Lilly and Company
Lilly reports second-quarter 2025 financial results and raises guidance Eli Lilly and Company Eli Lilly hikes 2025 outlook, tops quarterly estimates as Mounjaro, Zepbound sales soar CNBC Eli Lilly beats earnings for second quarter on strong GLP-1 sales, but stock dives on GLP-1 pill trial results Yahoo Finance Eli Lilly Reports Earnings, and Maybe Weight-Loss Pill Data, on Thursday Barron’s Eli Lilly raises full-year …
Read More »AMD posted a second-quarter earnings miss. Here’s what analysts had to say
Advanced Micro Devices failed to clear the earnings bar analysts had set for the second quarter. Shares of AMD shed 6% in Wednesday’s premarket trading hours after the chipmaker reported adjusted earnings of 48 cents per share, missing the 49 cents per share analysts polled by LSEG had forecast. “AI business revenue declined year over year as U.S. export restrictions …
Read More »HSBC announces $3 billion share buyback after second-quarter profit plunges 29%
A view of the logo of HSBC bank on a wall outside a branch in Mexico City, Mexico, on June 14, 2024. Henry Romero | Reuters Europe’s largest lender HSBC on Wednesday missed second-quarter profit expectations, mostly on account of impairment charges, according to the bank. The bank also announced a share buyback of $3 billion. It reported profit before …
Read More »Australia’s second-quarter inflation drops to lowest since March 2021, supporting case for rate cut
Michele Bullock, governor of the Reserve Bank of Australia (RBA), speaks during a news conference at the bank’s head office in Sydney, Australia, on Tuesday, Apr. 1, 2025. Bloomberg | Bloomberg | Getty Images Australia’s headline inflation rate in the second quarter of the year slipped to its lowest point since March 2021, coming in at 2.1% year over year, …
Read More »US goods trade deficit shrinks in likely boost to second-quarter GDP – Reuters
US goods trade deficit shrinks in likely boost to second-quarter GDP Reuters US Goods-Trade Deficit Narrows Thanks to Broad Drop in Imports Bloomberg.com Trade deficit sinks to 22-month low as businesses try to time Trump tariffs. GDP to get a boost. MarketWatch US goods trade deficit hits nearly two-year low as imports tumble Yahoo Finance U.S. Trade Deficit for Goods Shrinks The Wall Street Journal …
Read More »Intel Reports Second-Quarter 2025 Financial Results :: Intel Corporation (INTC)
News Summary Second-quarter revenue was $12.9 billion, flat year-over-year (YoY). Second-quarter earnings (loss) per share (EPS) attributable to Intel was $(0.67); non-GAAP EPS attributable to Intel was $(0.10). $(0.45) impact to GAAP EPS attributable to Intel from $1.9 billion of restructuring charges; $(0.23) and $(0.20) impact to GAAP and non-GAAP EPS attributable …
Read More »IBM RELEASES SECOND-QUARTER RESULTS
Results led by Software and Infrastructure revenue growth; Strong margin expansion; Raises outlook for profit and free cash flow Jul 23, 2025 ARMONK, N.Y., July 23, 2025 /PRNewswire/ — IBM (NYSE: IBM) today announced second-quarter 2025 earnings results. “We once again exceeded expectations for revenue, profit and free cash flow in the quarter. IBM remains highly differentiated in the market …
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