Profits Toyota - QuikReader

Microsoft CFO says OpenAI investment will cut into profit this quarter

Microsoft has invested over $13 billion in OpenAI, a bet that's weighing on the company's profitability.

Business - CNBC - October 31

DoorDash Posts First Quarterly Profit Since IPO, Launches Partnership With Lyft

DoorDash reported its first quarterly profit since going public in 2020, and launched a partnership with Lyft, as the two companies combine forces against common rival Uber.

Business - The Wall Street Journal - October 30

Shell to buy back $3.5bn of shares as profits beat expectations

Gas division is biggest contributor to earnings as liquefied natural gas production rises

Business - Financial Times - October 31

Dentists are pulling treatable teeth to profit from implants, experts warn

Americans are getting dental implants more than ever — and at costs reaching tens of thousands of dollars. Experts worry some dentists have lost sight of the soul of dentistry: preserving and ...

BBVA Profit Beats Market Views on Mexico, Spain Growth

Banco Bilbao Vizcaya Argentaria’s third-quarter performance in Spain and Mexico, its key markets, drove its profit above market expectations.

Business - The Wall Street Journal - October 31

Danske Bank Lifts Guidance After Net Profit Tops Hopes

The Copenhagen-based bank raised its full-year net profit forecast after reporting a market-beating figure for the third quarter.

Business - The Wall Street Journal - October 31

ConocoPhillips stock rises on Q3 earnings profit beat, robust outlook

ConocoPhillips shares rose 2.8% in premarket trades Thursday after the oil giant reported better-than-expected third-quarter earnings and gave robust production guidance.

Business - MarketWatch - October 31

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

Foreclosures in China Soar, Threatening to Choke Off Bank Profits

When the housing market was flying high, mortgage defaults were almost nonexistent. But now the legal system is struggling to keep up with evictions.

Business - The New York Times - November 4

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

Nintendo cuts profit guidance on reduced Switch sales forecast

Nintendo on Tuesday trimmed its sales and profit guidance for the March-ending fiscal year, citing reduced demand for the Nintendo Switch.

Business - MarketWatch - November 5

Apple warns future products may never be as profitable as iPhone

Analysts say artificial intelligence and virtual reality headsets might have lower margins than smartphones and App Store

Business - Financial Times - November 5

Labour hedge fund donor’s profits drop 76% after restructure

Quadrature made largest single donation to party after UK election called in May

Business - Financial Times - November 5

OpenAI Speaks to California Attorney General About Becoming For-Profit Company

A new report says CEO Sam Altman’s efforts to shed its nonprofit AI research lab status are moving forward.

Business - Inc. - November 5

Commerzbank Lifts Guidance as UniCredit Circles

Commerzbank lifted its full-year guidance for some key metrics and said its strategy is paying off, as UniCredit continued to signal interest in a tie-up with the German lender.

Business - The Wall Street Journal - November 6

Credit Agricole's Shares Fall After Mixed Results

Credit Agricole reported a smaller-than-expected fall in net profit for the third quarter of 2024 but softer revenue missed views, sending its shares lower.