Latest in All Profits
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Shares of British aerospace giant Rolls-Royce hit all-time high on upbeat outlook, profit beat
Rolls-Royce on Thursday posted stronger-than-expected full-year earnings after making what it described as "significant" transformation progress.CNBC - 6d -
Tariffs will wipe out all profits for Detroit's Big Three if they don't raise prices, estimates Barclays
U.S. President Donald Trump’s recent levies could eradicate the profits of “Big Three” automakers General Motors, Ford and Stellantis, according to Barclays.NBC News - 1d -
Profits, Not D.E.I., Are Why Companies Exist
An awkward truth has become evident in the first days of the Trump administration, as many firms mute their commitments to diversity and sustainability.The New York Times - Feb. 21 -
Block shares fall on profit, revenue miss
Block, formerly known as Square, got off to a sluggish start on Wall Street this year after underperforming the Nasdaq in 2024.CNBC - Feb. 21 -
Ignoring science for profit will have deadly consequences for America
We cannot sell out their climate future for the continued profits of powerful business interests.The Hill - Feb. 24 -
Workday beats estimates for revenue and profit, stock jumps
Workday exceeded analysts' estimates for the quarter and pointed to stronger demand from artificial intelligence products.CNBC - Feb. 25 -
Nigel Farage’s media company records £1.25mn profit
Reform UK leader’s earnings boosted by reality show appearance in late 2023Financial Times - Feb. 26 -
Target warns Trump’s tariffs could cut into profits
Big-box US retailer says it expects ‘meaningful year-over-year profit pressure’ in first quarterFinancial Times - 1d -
Ripple launches non-profit National Cryptocurrency Association
Cryptocurrency platform Ripple is launching a non-profit focused on educating Americans about the world of crypto. The National Cryptocurrency Association (NCA) aims to offer educational tools and ...The Hill - 4h -
Walmart shares drop as retailer says profit growth will slow
Walmart has factors that could work in its favor, including a growing online business and market share gains from higher-income shoppers.CNBC - Feb. 20 -
Rivian keeps promise on making a profit, but here’s why the stock is falling
Rivian Automotive Inc. makes good on its promise to get to its first quarterly gross profit and blows past Wall Street estimates for its sales.MarketWatch - Feb. 21 -
Videogame giants are spending more money but losing players — and profits
Sony, Electronic Arts and Ubisoft reflect an industrywide misunderstanding (or perhaps disregard) of what gamers value.MarketWatch - Feb. 22 -
Shein profits slump in fresh challenge to long-planned London IPO
Competition from Temu adds to pressure on fast-fashion group’s valuation as it seeks approval for UK listingFinancial Times - Feb. 23 -
Carmakers turn to new hybrid and petrol models to bolster profits
Investments continue in combustion and hybrid engine vehicles amid lengthy wait for EVs to become mainstreamFinancial Times - Feb. 23 -
Low-cost carrier FlyDubai sees record $611 million profit in 2024
The low-cost carrier FlyDubai says it earned a record-breaking profit of $611 million in 2024, buoyed by higher passenger numbers and lower fuel costsABC News - Feb. 24 -
Berkshire Posts Gain in Profits, Boosted by U.S. Treasury Holdings
Warren Buffett’s conglomerate held $334 billion in cash at the end of 2024, helping to stabilize earnings in the face of declines at more than half of the nearly 200 businesses it operates.The New York Times - Feb. 24 -
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Instacart stock falls as profit forecast comes up short
Shares of Instacart fell after hours on Tuesday, after the grocery delivery app’s forecast for its preferred measure of profit came in below expectations.MarketWatch - Feb. 26 -
U.S. could earn profits from Ukraine's rare minerals
A potential deal with Ukraine could bring in 50% of profits to America from rare minerals extracted by the U.S. ally. Iulia Joja, a senior fellow at the Middle East Institute, joins CBS News with ...CBS News - 6d -
Hong Kong stock exchange posts record profits after China stimulus
Listings and trading fees jumped in 2024 after Beijing’s moves to boost marketsFinancial Times - 6d -
Nvidia’s Profit Jumps 80 Percent as Company Rides Tech’s AI Boom
The Silicon Valley company, which dominates the market for chips needed to build A.I. systems, said revenue was up 78 percent from a year earlier.The New York Times - 6d -
Virgin Galactic’s new spacecraft looms large as company eyes future profitability
Virgin Galactic Holdings Inc. says it is making progress building its new Delta-class spacecraft, which it says will help unlock the company’s future profitability.MarketWatch - 5d -
Football’s relentless hunt for profits still not matching global popularity
For all the brand awareness, the human element in decision making in the most emotional of sports is undervalued. When William Goldman wrote in his memoir Adventures in the Screen Trade that in ...The Guardian - 3d -
TikTok profiting from sexual livestreams involving children, BBC told
Young women in Kenya tell the BBC they have used TikTok to sell sexual content since they were teenagers.BBC News - 2d -
Low energy prices sting Aramco profits and squeeze Saudi development plans
Saudi Arabia’s state-owned oil giant Aramco has reported a $106.25 billion profit in 2024, down 12% from the prior year on lower energy pricesABC News - 1d -
Judge denies Musk's attempt to block OpenAI from becoming for-profit entity
A Judge in California on Tuesday said Elon Musk can't move forward in his legal efforts to stop OpenAI from converting to a for-profit entity.CNBC - 17h -
Judge Denies Musk’s Request to Block OpenAI’s For-Profit Plan
The court said that Elon Musk could proceed with other parts of a lawsuit he brought against OpenAI last year.The New York Times - 12h -
Judge denies Musk's request to block OpenAI for-profit conversion but welcomes trial
A federal judge has denied Elon Musk’s request for a court order blocking OpenAI from converting itself to a for-profit companyABC News - 7h -
Judge denies Musk request to block OpenAI conversion to for-profit company
A federal judge on Tuesday rejected Elon Musk’s request to block OpenAI from becoming a for-profit company, finding the tech billionaire failed to show he was likely to succeed on the merits of the ...The Hill - 3h -
It’s not all Trump’s fault
There is more to markets’ uneasy mood than policy uncertaintyFinancial Times - 2d -
Bolsonaro: Is it all over for the 'Trump of the Tropics'?
The former Brazilian president may struggle to stage a comeback.BBC News - Feb. 21 -
Why are all my cryptos down?
Stablecoin nationalism meets attention-economy fatigueFinancial Times - Feb. 25 -
Are Trump and Musk killing all the lawyers?
Trump wants to investigate everyone in sight, and an inquisition requires a Torquemada.The Hill - 1d -
‘Overjoyed’: US lottery winner pledges to give part of $328.5m prize to non-profits
Abbas Shafii says he plans to travel, invest and share Powerball prize with non-profits ‘close to [his] heart’. What would you do if you won hundreds of millions of dollars playing the lottery? A ...The Guardian - Feb. 25 -
How digitally native companies like Rothy's are growing profitably in a new era for retail
Flats maker Rothy's is growing profitably after expanding into wholesale and building its store fleet. In 2024, it saw sales grow 17%.CNBC - Feb. 25 -
How digitally native companies like Rothy's are growing profitably in a new era for retail
Direct-to-consumer footwear brand Rothy’s just recorded its best year on record after the company appointed retail veteran Jenny Ming, one of the co-founders of Old Navy, as its CEO.NBC News - Feb. 25 -
Crisis-stricken Stellantis sees revenue growth in 2025 after 70% drop in full-year profit
Crisis-stricken auto giant Stellantis on Wednesday said it sees return to revenue growth this year after a steep drop in 2024 earnings.CNBC - Feb. 26 -
Whether Trump’s foreign policy takes off or crashes, this analyst sees two ways to profit
President Donald Trump’s foreign policy is a lot less unpredictable than sometimes shocking headlines would suggest, this veteran analyst says.MarketWatch - Feb. 26 -
Rolls-Royce shares surge as group to hit profit targets 2 years early
Stock climbs 15% as results boosted by strong demand for jet enginesFinancial Times - 6d -
Saudi oil giant Aramco posts drop in full-year profit, slashes dividend
Saudi state oil producer Aramco reported a decline in net profit in 2024 and warned of a dividend cut.CNBC - 1d