Latest in Citigroup swings to fourth quarter profit, tops estimates on investment banking strength
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Tesla sees disappointing fourth-quarter earnings amid declining car deliveries
Despite disappointing sales and delivery figures, the company’s stock price has doubled in the past year . Tesla reported earnings for the fourth quarter of 2024 on Wednesday after US stock markets ...The Guardian - 3h -
Tesla fourth-quarter results miss estimates as automotive revenue drops 8%
Tesla reported weaker-than-expected earnings and revenue for the quarter that ended in December.CNBC - 4h -
Meta’s Reality Labs posts $5 billion loss in fourth quarter
Meta's Reality Labs unit recorded an operating loss of $4.97 billion while generating $1.1 billion in sales during the fourth quarter.CNBC - 5h -
Microsoft reports 10% quarterly profit growth as it works to show AI investments paying off
Microsoft Corp. said Wednesday that its profit for the October-December quarter grew 10% from the same time last year as it works to capitalize on the huge amounts of money it has spent to advance ...ABC News - 6h -
Tesla’s Fourth-Quarter Earnings Report Sharp Drop in Profit
The electric car company run by Elon Musk is facing increasing competition, but investors have focused mostly on the prospects for Tesla’s self-driving technology.The New York Times - 6h -
Microsoft to report fourth-quarter earnings amid uproar over DeepSeek’s AI
Questions over multibillion-dollar spending on AI are mounting, spurred by DeepSeek’s shock to US stock market. Microsoft will report its second-quarter earnings for fiscal year 2025 Wednesday as ...The Guardian - 7h -
Meta to report fourth-quarter earnings amid DeepSeek mania and ballooning AI investments
Zuckerberg likely to be asked about plans to spend $60-65bn on AI in 2025 as tech giant faces increased competition. Meta will report earnings for the fourth quarter of 2024 after US stock ...The Guardian - 9h -
T-Mobile’s stock climbs after fourth-quarter earnings beat and robust guidance
T-Mobile expects postpaid net customer additions of between 5.5 million and 6 million for 2025, the company’s highest-ever guidance range issued at the beginning of the year.MarketWatch - 12h -
The heave-making fourth-quarter star the Celtics need to make a repeat title run
Last season's star-turn in the NBA Finals was a decade in the making for Payton Pritchard.ESPN - 16h -
Starbucks earnings top estimates, but same-store sales decline for fourth straight quarter
Starbucks said its same-store sales fell 4%, fueled by a 6% decline in visits to its stores.CNBC - 1d -
HSBC to exit parts of investment banking business in UK, US and Europe
Lender to wind down in businesses where it has struggled to compete with rivalsFinancial Times - 1d -
Scottish state bank risks missing 2030 investment target
SNIB faces potential shortfall of £400mn on £2bn lending budget, estimates showFinancial Times - 1d -
How to Invest During a Presidency With a Deep Devotion to Profits
Big business has an inside track in the second Trump presidency, and people with a stake in those businesses have reason to rejoice, our columnist writes.The New York Times - 5d -
Profits at Indian banks dented as RBI curbs retail loans
Bad loan provisions also grow after millions of households loaded up on debt during ‘exuberant’ periodFinancial Times - 6d -
Boeing books charges and warns on fourth-quarter revenue and profit
Aerospace group cites $2.8bn hit from last year’s strike, lay-offs and rising defence business costsFinancial Times - 6d -
Boeing expects $4 billion loss for fourth quarter after chaotic 2024
Boeing outlined expected results and charges across its business in preliminary fourth-quarter results.CNBC - 6d -
South Korea GDP misses estimates as weak consumption, construction sector drive growth to 6-quarter low
The country's economy expanded by 1.2% year on year, missing analysts' expectations of 1.4% growth.CNBC - 6d -
South Korea's Economy Expands 2.0% in 2024 After Lackluster Fourth-Quarter Growth
The data showed private consumption weakened and construction investment remained in contraction in the fourth quarter. Exports edged up on demand for semiconductors and other ...The Wall Street Journal - Jan. 22 -
United Airlines' first-quarter outlook outpaces estimates after profits surge to end 2024
United topped analysts' estimates for fourth-quarter earnings and the airline's first-quarter outlook.CNBC - Jan. 22 -
Travelers Upbeat on Momentum Despite Fires as Fourth-Quarter Profit Surges
The property-and-casualty insurer said the strong results and outlook would allow it to support customers affected by the wildfires that devastated L.A.The Wall Street Journal - Jan. 22 -
Netflix raises prices as it posts record subscriber growth in fourth-quarter earnings
Streaming service’s bet on live events helped reel in 19 million more subscribers in holiday-season quarter. Netflix added nearly 19 million subscribers during the holiday season quarter to help ...The Guardian - Jan. 21 -
Adidas Exceeds Profit Guidance After Sales Jump in Fourth Quarter
The German sporting-goods company said its operating profit climbed to €1.34 billion last year from €268 million in 2023.The Wall Street Journal - Jan. 21 -
Notre Dame coach Marcus Freeman defends controversial fourth-quarter FG decision in CFP loss to Ohio State
Freeman's decision drew heavy criticism on social mediaCBS Sports - Jan. 21 -
Commanders lead Lions 45-31 in fourth quarter of NFL divisional game
Will Houston QB C.J. Stroud be able to pull the massive upset off against Patrick Mahomes and the two-time defending champions?NBC News - Jan. 18 -
Biggest US banks notch up $142bn in profits in blockbuster 2024
Robust performance in trading and dealmaking and strong economy fuel big year for lending giantsFinancial Times - Jan. 17 -
China's fourth-quarter GDP grows at 5.4%, beating market expectations as stimulus measures kick in
The real estate slump and uncertainty about future income have weighed on consumer spending and business confidence, adding to deflation concerns.CNBC - Jan. 17 -
Wall Street banks had a great quarter, and the boom times are just starting
JPMorgan Chase, Goldman Sachs and Morgan Stanley easily topped estimates for the fourth quarter.CNBC - Jan. 16 -
Bank of America tops estimates on better-than-expected investment banking, interest income
The company said fourth-quarter profit more than doubled to $6.67 billion, or 82 cents per share, from a year earlier.CNBC - Jan. 16 -
Bank of America profits boosted by loan growth and robust trading
Strong results echo other big Wall Street banksFinancial Times - Jan. 16 -
Morgan Stanley tops estimates on strong equities and fixed income trading revenue
The bank's massive wealth management business will be helped by high stock market values in the fourth quarter, which inflates the management fees it collects.CNBC - Jan. 16 -
TSMC net profit hits record high as fourth-quarter results top expectations on robust AI chip demand
TSMC, the world's largest contract chip manufacturer, produces advanced processors for clients such as Nvidia and Apple and has benefited from the megatrend in favor of AI.CNBC - Jan. 16 -
Citigroup swings to fourth-quarter profit, tops estimates on investment banking strength
The fourth-quarter report comes after a year where Citi's stock rose almost 37%, outperforming the S&P 500.CNBC - Jan. 15 -
JPMorgan Chase posts record profit as the bank's massive scale pays off
JPMorgan Chase on Wednesday posted record quarterly and annual earnings and revenue, reinforcing the company’s status as the biggest and most profitable bank in U.S. history.NBC News - Jan. 15 -
JPMorgan Chase posts record profit as the bank’s massive scale pays off
The bank said profit rose 50% to $14 billion in the fourth quarter as noninterest expenses fell 7% from a year earlier.CNBC - Jan. 15 -
Goldman Sachs shares rise after topping estimates on strong trading results
Goldman's fourth-quarter results will give investors a preview of what to expect this year, as investment banking and trading fees are both expected to rise.CNBC - Jan. 15 -
Samsung’s profit estimates disappoint as it fights for Nvidia’s AI business
Fourth-quarter earnings hit by greater investments in advanced chip manufacturingFinancial Times - Jan. 8 -
Samsung Expects Further Profit Growth Slowdown, Missing Estimates
The world’s largest maker of memory chips and smartphones said sluggish demand for conventional chips used in personal computers and mobile phones weighed on its memory business for the quarter.The Wall Street Journal - Jan. 7 -
Citigroup’s stock is a banking-sector bargain as ‘inflection point’ looms, analyst suggests
Barclays analyst Jason Goldberg upgrades Citigroup to overweight from equal weight on bullish 2025 prospects.MarketWatch - Jan. 6 -
Investment banks prepare for crunch year in 2025
Boutiques counting on M&A rebound to support elevated valuations and star hiresFinancial Times - Jan. 6 -
Foxconn Posts Record Fourth-Quarter Revenue on AI Demand
The Taiwan-listed assembler of Apple and Nvidia products posted record revenue for the fourth quarter, helped by robust demand for servers to power burgeoning artificial intelligence technologies.The Wall Street Journal - Jan. 5
