China's Industrial Profits

Amazon reports boost in quarterly profits, exceeds revenue estimates as it invests in AI

Amazon reported a boost in its quarterly profits Thursday and exceeded revenue estimates

Tech - ABC News - October 31

Amazon's cloud unit records highest profit margin in at least a decade

Amazon Web Services delivered an operating margin of over 38%, the highest since at least 2014.

Business - CNBC - October 31

Apple’s Quarterly Profit Down Because of Tax Payment in Europe

Sales for the iPhone maker were up 6 percent to to $94.93 billion. But a $14.4 billion tax bill cut profits that would have topped expectations.

Tech - The New York Times - October 31

Nomura profits surge as chief takes pay cut over trading scandal

Japan’s biggest investment bank and brokerage beats expectations but is still dogged by controversy

Business - Financial Times - November 1

Profiteers Are Exploiting US Election Conspiracies and Hate to Make Millions

Unscrupulous online operators are spreading toxic lies to push bitcoin scams and sell MAGA shirts to Facebook users in the run-up to the US presidential election.

Tech - Wired - November 1

Chevron’s stock climbs after a triple beat of profit, revenue and production

Chevron’s stock rallies after earnings and production beat expectations, and a record amount of cash was returned to shareholders.

Business - MarketWatch - November 1

Exxon and Chevron suffer profit falls on lower oil prices

Cheaper commodities and weaker refining margins hit earnings after bumper performances in 2022 and 2023

Business - Financial Times - November 1

Asylum housing provider Clearsprings’ profits jump on high demand

Bumper profits risk fuelling government concerns over large amounts paid to private companies to handle politically sensitive issue

World - Financial Times - November 1

Ryanair profits plunge amid lower fares and Boeing delays

Problems with delivery of 737 aircraft left airline ‘over-crewed and over-costed’, says CEO Michael O’Leary. Business live – latest updates Ryanair’s profits have dropped by nearly a fifth, as ...

World - The Guardian - November 4

Why Constellation Energy’s stock is seeing a record selloff despite profit beat

Shares of Constellation Energy Corp. were in danger of a record selloff on Monday and were headed for their lowest prices since before the nuclear-power company signed a 20-year power-purchasing ...

Business - MarketWatch - November 4

ADM Discloses More Accounting Issues, Cuts Profit Outlook

The agriculture company disclosed more accounting problems and will amend some past financial results while slashing its profit forecast for the year.

Business - The Wall Street Journal - November 5

Nintendo profit plunges 69% as it cuts forecast for sales of ageing Switch console

Investors are waiting for news surrounding a successor to the Switch which they hope will re-energize Nintendo's gaming business.

Business - CNBC - November 5

Nintendo reports lower profits as demand drops for its aging Switch console

Nintendo, the Japanese video game maker behind the Super Mario franchise, says its profit fell 60% in the first half of the fiscal year, as demand waned for its Switch console, now in its eighth ...

Entertainment - ABC News - November 5