Latest in Profit Surges
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Tencent profit surges 90% as it touts AI revenue boost and ramps up spending
Tencent on Wednesday posted a fourth-quarter beat on top and bottom line driven by a surge in gaming and advertising revenue.CNBC - 22h -
Rheinmetall sales surge 36% in 2024, as company forecasts 'major' military order boom
Last year's sales boom helped push Rheinmetall's operating profit to a record high.CNBC - Mar. 12 -
World Health Organization warns of possible tuberculosis surge because of USAID cuts
Health authorities say that the Trump administration’s gutting of USAID raises the risk of a global surge in tuberculosis cases and deaths.NBC News - Mar. 9 -
Pakistani leader calls for unity to combat militants after a surge in attacks
Pakistan’s prime minister has called on country’s political leadership to unite in its resolve to combat militants following a surge in deadly violenceABC News - 1d -
BMW posts 37% drop in annual net profit, warns of 'subdued' Chinese demand
BMW's net profits slumped by more than a third in 2024 as weaker demand in China and Germany weighed on the high-end car manufacturer.CNBC - 5d -
Peru declares an emergency and deploys the army as violence surges in the capital
Peru's president declared a state of emergency in the capital and deployed soldiers to help police address a surge of violence, amid widespread outcry a day after the killing of a popular singerABC News - 2d -
'We should be higher' - fit-again Kennedy eyes late Killie surge
Matty Kennedy is determined to help Kilmarnock make a late surge for the top six after returning from an injury lay-off that was a lot longer than expected. Kennedy has made the most of Killie's ...Yahoo Sports - 5d -
Volkswagen’s Profit Under Pressure From Tariffs and Competition
The German auto giant’s earnings fell last year as it pushed ahead with a restructuring in the face of tariff uncertainty in the United States and lost market share in China.The New York Times - Mar. 11 -
John Lewis profits jump but no staff bonus again
The retailer will not pay out a staff bonus for the third year in a row.BBC News - 6d -
OpenAI to See Fast-Tracked For-Profit Trial
Elon Musk and OpenAI have agreed to a quick trial over the company’s move away from being nonprofit.Inc. - 4d -
Egg Prices Surge Again Even as Inflation Eases
Prices for the staple rose 10.4% in February even as overall inflation eased a bit. An outbreak of avian influenza continued to contribute to a nationwide egg shortage.The New York Times - Mar. 12 -
Goldman pay surges 30% for handful of top executives
Quartet collectively received $126.5mn for their work in 2024 as overall employee remuneration rose more modestlyFinancial Times - 5d -
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Hedge funds slash bets as Trump’s trade war causes ‘a lot of pain’
Managers’ favourite stocks tumble as market volatility surgesFinancial Times - Mar. 12 -
Delta warns on profit as economic ‘uncertainty’ dents US demand
Shares tumble more than 12% after-hours as carrier cuts quarterly revenue and earnings outlook by halfFinancial Times - Mar. 10 -
Pimco books 17% instant profit on Thames Water emergency loan
Bond group records windfall on lifeline for UK utility even before deal is finalisedFinancial Times - Mar. 11 -
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BMW warns of €1bn profit hit from global tariff war
Carmaker’s earnings down a third last year on weak demand from China and global recallFinancial Times - 6d -
Line 5, a Trump donor, is profiting off a pipeline deal threatening pollution
Trump administration accused of ‘quid pro quo’ for fast-tracking controversial fossil fuel proposal in Michigan. Donald Trump ’s administration is being accused by activists of a quid pro quo as ...The Guardian - 3d -
Investors seek to profit from Russia as Trump pursues rapprochement
Hedge funds and brokers eye the country’s corporate bonds and the roubleFinancial Times - 3d -
Short sellers make $16bn profit from Tesla’s share price plunge
Payday follows years of pain for hedge funds that bet against Elon Musk’s electric-car makerFinancial Times - 2d -
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A look at Intrust Bank Arena’s non-profit manned concession stands
Practice day has wrapped up, and the NCAA Tournament is about to start. Intrust Bank Arena is home to vendors, merch stores and concession stands, all gearing up for the next few days.Yahoo Sports - 3h -
How to Empower Employees to Think and Act Like Owners
Learn how to engage employees and drive profit growth through transparency.Inc. - Mar. 8 -
Europe’s boosting defense spending. One company just lost all of its stock-market gains this year.
QinetiQ shares lost all their gains this year after a profit warning.MarketWatch - 2d -
Lakers' post-Luka surge comes to screeching halt with LeBron injury
The Lakers had the look of a contender after trading for Luka Dončić. Then they ran into the defending champs and LeBron James suffered a groin injury.Yahoo Sports - Mar. 9 -
Child deaths surge amid ‘Gazafication’ of West Bank, report says
Palestinians facing mass displacements, airstrikes and rise in attacks on children and other civilians, rights group says. Israel has brought the military tactics of its war in Gaza to the occupied ...The Guardian - Mar. 10 -
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Guinness sees a surge in U.S. popularity ahead of St. Patrick's Day
As Dublin prepares for St. Patrick's Day celebrations, Guinness — a staple of the holiday — continues to grow in popularity in the U.S. Ed O'Keefe visits the Guinness Open Gate Brewery in Baltimore ...CBS News - 5d -
Shares of DocuSign surge 14% on strong earnings, AI boost
CEO Allan Thygesen said the company has "started to turn the corner on the core business."CNBC - 5d -
Lululemon ‘surging higher than other brands’ on TikTok: analyst
Lululemon is gaining traction from introducing more new products and a favorable comparison to a softer performance last year, a Truist analyst notes.MarketWatch - 2d -
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Confidence in German economy surges as parliament approves huge spending plan
Investors welcome prospect of hundreds of billions of euros to be spent on infrastructure and defenseMarketWatch - 1d -
Dylan Strome and the Capitals surge past the Red Wings 4-1
Dylan Strome had a goal and an assist and the Washington Capitals beat the Detroit Red Wings 4-1 on Tuesday night. Pierre-Luc Dubois, Tom Wilson and Connor McMichael also scored for Washington, ...Yahoo Sports - 1d -
AI and US tariffs expected to fuel fresh surge in secondhand fashion sales
Use of hi-tech search tools enables shoppers to find items they want, while trade war pushes up prices of new clothes. Artificial intelligence will spur on sales of secondhand clothing, according ...The Guardian - 19h -
The Pakistan insurgency behind a train hijacking and hostage crisis
Surge in Balochistan separatist attacks have imperilled big investments and economic developmentFinancial Times - 4d -
India’s $1bn bet on the creator economy
Also in this newsletter: a surge of new millionaires, and Ajit Dayal’s mantraFinancial Times - 2d -
We're locking in profits on a big gainer so we have more cash at our disposal
We're capping off a busy week of trades with another trim.CNBC - Mar. 7 -
We're booking profits in a rallying rotation play and using the cash to buy 2 others on the dip
We're putting more cash to work following the sharp market declines over tariff uncertainty.CNBC - Mar. 11 -
Hyperbaric chamber facility where boy died put profits before client care, Michigan AG says
The facility where a hyperbaric chamber fire killed a 5-year-old child “held safety among their lowest considerations,” the Michigan attorney general said.NBC News - Mar. 11
