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Latest in Profits Demand Drops

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

    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 - 4 hours ago
  • Volkswagen profit plunges 64% as China sales slide

    Volkswagen profit plunges 64% as China sales slide

    Europe’s largest carmaker highlights ‘urgent need’ for cost reductions and efficiency gains
    Business - Financial Times - 6 days ago
  • Ryanair profit drops as airline cuts passenger forecast

    Ryanair profit drops as airline cuts passenger forecast

    European low-cost carrier blames pressure on consumers for fall in fares
    Business - Financial Times - Yesterday

  • TSMC beats forecasts with 54% surge in profits on soaring AI demand

    Taiwan Semiconductor Manufacturing Co said its sales were boosted by strong demand from smartphone makers and artificial intelligence firms
    Business - MarketWatch - October 17

  • Nvidia and Apple supplier TSMC shares pop after quarterly profit soars on AI demand

    TSMC, the world’s largest producer of advanced chips, posted a 54% hike in third-quarter profit.
    Business - CNBC - October 18

  • Winnebago’s stock rocked by a big profit miss, due to ‘sluggish’ retail demand

    Winnebago’s stock sinks after a big profit miss for its fiscal fourth quarter, which offset a revenue beat.
    Business - MarketWatch - October 23
  • Musk’s $1mn-a-day voter giveaway could violate US law, DoJ warns

    Musk’s $1mn-a-day voter giveaway could violate US law, DoJ warns

    Billionaire Trump backer has targeted swing states with contest ahead of presidential election
    Business - Financial Times - October 24

  • SK Hynix Profit Momentum Continues on AI-Chip Demand

    SK Hynix posted record earnings in the third quarter as it continued to ride strong demand for powerful computing chips to support artificial-intelligence applications.
    Tech - The Wall Street Journal - October 23

  • 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 - 3 days ago

  • UnitedHealth’s stock rocked as a big jump in medication costs hurt profitability

    UnitedHealth’s stock was having its worst day in more than four years on Tuesday, after the healthcare giant beat third-quarter profit and revenue expectations but missed on medical-care ...
    Business - MarketWatch - October 15

  • Caterpillar’s stock falls as weak equipment sales lead to a rare profit miss

    Caterpillar’s stock fell after a rare profit miss, while revenue was below expectations for a fourth straight quarter.
    Business - MarketWatch - 5 days ago

  • Nvidia supplier SK Hynix posts record quarterly profit as AI boom drives demand

    Revenue for the third quarter grew about 94% year-on-year.
    Business - CNBC - October 24

  • A drop in mortgage rates has failed to ignite home-buying demand, but builders remain optimistic

    Builder sentiment inched up in October, the National Association of Home Builders said.
    Business - MarketWatch - October 17

  • U.S. oil prices log biggest weekly drop in a year as demand concerns persist

    Crude futures finished with a loss on Friday, just a day after posting a gain for the first time in five days, with prices of the U.S.-traded benchmark ending below $70 a barrel and marking its ...
    Business - MarketWatch - October 18

  • Oil settles higher after last week’s 8% drop as traders weigh China demand concerns

    Oil prices finished higher on Monday, regaining some of last week’s 8% decline after China lowered its benchmark lending rates, part of a series of stimulus measures to revive the flagging economy ...
    Business - MarketWatch - October 21

  • Mortgage demand drops to its lowest level since July, as interest rates return to summer highs

    Total mortgage application volume dropped 6.7% from the previous week, hitting its lowest level since July
    Business - CNBC - October 23

  • BP beats forecasts despite seeing 31% drop in profits, to lowest since COVID-19

    BP’s profits were hit by lower oil prices and a slump in its refining margins, caused by a slowdown in demand for products including jet fuel, diesel and gasoline
    Business - MarketWatch - October 29

  • Royal Caribbean CEO: Americans are ‘wealthier than ever’ and love to travel

    Royal Caribbean’s stock pulls back from a record after revenue, profit outlook for the current quarter disappoint.
    Business - MarketWatch - 6 days ago

  • BP shares fall to lowest since 2022 after sharp drop in the oil major's third-quarter profit

    British oil major BP on Tuesday reported its weakest quarterly earnings in nearly four years, weighed down by a slump in crude prices.
    Business - CNBC - October 29

  • Volkswagen CFO says 64% drop in profits shows ‘urgent need’ for cost cuts

    The German car maker reported a sharp 12% drop in its sales in China as it said it profits were hit by higher fixed costs and €2.2 billion worth of restructuring expenses
    Business - MarketWatch - 6 days ago

  • Oil giant Shell posts $6 billion profit beat, launches new share buyback program

    British oil giant Shell on Thursday posted a small year-on-year drop in third-quarter profit as a sharp drop in crude prices was offset by higher gas sales.
    Business - CNBC - 4 days ago

  • 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 - 8 hours ago

  • Oil giant Saudi Aramco posts 15% drop in third-quarter profit but maintains dividend

    Lower global oil prices, weaker demand and prolonged OPEC+ production cuts led by Saudi Arabia continue to impact crude prices.
    Business - CNBC - 7 hours ago
  • Ashley demands to be made Boohoo chief

    Ashley demands to be made Boohoo chief

    Tycoon’s Frasers Group claims fast-fashion retailer is being ‘mismanaged’ after building 27% stake
    Business - Financial Times - October 24

  • Iberdrola Profit Lifted by Record Investments

    Spain’s energy giant Iberdrola posted a 50% rise in net profit for the first nine months of the year helped by record-high investments in its U.S. and U.K. networks.
    Business - The Wall Street Journal - October 23
  • Athletics Drop ‘Oakland’ From Their Name

    Athletics Drop ‘Oakland’ From Their Name

    The team has a new designation and will play at Sutter Health Park in West Sacramento.
    Sports - The New York Times - 47 minutes ago

  • Google turns to nuclear energy for AI electricity demand

    Google announced a deal with energy startup Kairos Power to supply its data centers with electricity from seven small modular nuclear reactors, which still need to be built. A recent study found ...
    Top stories - CBS News - October 15

  • Mortgage rates surge, putting a damper on home buying and refinancing

    Mortgage applications fell 17% in the past week, the Mortgage Bankers Association said.
    Business - MarketWatch - October 16
  • AI Power Needs Fuel Demand for Nuclear Energy

    AI Power Needs Fuel Demand for Nuclear Energy

    Electricity providers are looking at revamping nuclear power generation as Big Tech energy needs increase.
    Business - Inc. - October 17
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