Quarter Profit
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Li Auto forecast rising demand for its vehicles in the second quarter after its first-quarter profit was hurt by a steep rise in expenses.
Li Auto forecast rising demand for its vehicles in the second quarter after its first-quarter profit was hurt by a steep rise in expenses.The Wall Street Journal - World -
Ryanair Announces Buyback as Profits Jump
The low-cost carrier will buy back $761 million worth of shares after its core earnings for the fiscal year rose 34%, and said it expected passenger numbers to increase depending on how well Boeing handles its delivery delays.The Wall Street Journal - World -
JD.com Beat Estimates With Higher Profit, Sales
Chinese e-commerce giant JD.com posted a rise in quarterly profit, beating estimates as its core businesses grew despite fierce competition with peers such as Alibaba and PDD.The Wall Street Journal - Business -
Li Auto Profit Fell on Higher Operating Expenses
The Chinese electric-vehicle maker forecast rising demand for its vehicles in the second quarter after its first-quarter profit was hurt by a steep rise in research and other operating expenses that offset higher sales.The Wall Street Journal - World -
Walmart Stock Hits Record Close on Strong Quarter
The largest U.S. retailer had robust quarterly results and an upbeat outlook, giving insight into how consumers are weathering high interest rates.The New York Times - Business -
AI companies seek big profits from ‘small’ language models
Microsoft, Meta and Google have released new versions with fewer ‘parameters’ that are cheaper to build and trainFinancial Times - Business - Artificial Intelligence -
UL Solutions tops revenue estimates in first quarter as a public company
Profit was flat in the first quarter, but the company is expecting to benefit from the “electrification of everything” trend.MarketWatch - Business -
Crypto Startups Pull $2.4 Billion in Venture Funding in First Quarter of 2024
Data from Pitchbook shows a 40 percent jump in investments in crypto startups from the last three months of 2023.Inc. - Business -
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Three-quarters of Gaza marked as IDF evacuation zones, BBC finds
Israel's army says it is protecting Palestinian civilians, but the UN says there are no safe areas.BBC News - Top stories -
Trump Media Reports $770,000 in Revenue for First Quarter and Large Losses
The former president’s social media company reported taking in $770,000 in advertising revenue in the first quarter, sharply down from the year-earlier period.The New York Times - Business - Donald Trump -
XPeng Narrows Quarterly Loss on Better Sales, Margins
The Chinese electric-vehicle maker guided for a rise in second-quarter vehicle deliveries after its first-quarter net loss narrowed on higher sales and improved margins.The Wall Street Journal - World -
Macy's tops expectations for the first quarter as luxury and beauty sales shine
Macy’s sales and profits fell during the first quarter as higher costs and other financial challenges had customers pulling back on spendingABC News - Top stories -
Chinese EV maker XPeng forecast a rise in its second-quarter vehicle deliveries after its first-quarter net loss narrowed.
Chinese EV maker XPeng forecast a rise in its second-quarter vehicle deliveries after its first-quarter net loss narrowed.The Wall Street Journal - World -
GameStop’s stock slides premarket after company issues profit warning, files to issue more shares
GameStop Corp.’s stock fell 19% early Friday, after the videogame retailer and key meme stock issued a profit and sales warning for the first quarter and filed to sell new shares.MarketWatch - Business -
Budget airline Ryanair posts record annual profit as passenger numbers soar above pre-Covid level
Dublin-based Ryanair said full-year profit after tax jumped 34% and announced a 700-million-euro share buyback program.CNBC - Business -
$9 billion travel tech firm Navan on track to hit profitability this year and 'not far' from IPO, CEO says
The boss of travel and expense management platform Navan told CNBC he's preparing the company to get its business into shape for an IPO this year.CNBC - Business -
Norwegian Cruise’s stock rises as profit outlook raised for 2nd time in 3 weeks
Norwegian Cruise Line’s stock rallied Monday, after the cruise operator raised its full-year profit outlook, again, citing continued “very strong demand.”MarketWatch - Business -
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Here's how Disney’s streaming business can work toward Netflix-like profitability
Disney would love to have streaming margins like Netflix, CEO Bob Iger has said. Here are levers Disney can pull to eventually get there.CNBC - Business -
GameStop shares fall 20% after it files to sell additional stock, says first quarter sales dropped
GameStop said it plans to sell securities and reported preliminary results that showed a drop in first-quarter sales.CNBC - Business -
Pacers score 39 points in first quarter vs. Knicks to set a Game 7 record
The Indiana Pacers scored 39 points in the first quarter Sunday against the New York Knicks, the most in a Game 7 since detailed play-by-play began being kept in 1997ABC News - Sports - NBA -
Trump Media had less than $1 million in revenue during the first quarter
The revenue total came largely from advertising, the Truth Social parent said.MarketWatch - Business - Donald Trump -
Trump Media and Technology Group posts more than $300 million net loss in first public quarter
Trump Media and Technology Group, the owner of social networking site Truth Social, lost more than $300 million last quarterABC News - Tech - Donald Trump -
Trump Media says it booked less than $1 million in first-quarter sales
Trump Media posted a loss of $327.6 million in the first quarter because of a financial transaction.CBS News - Top stories - Donald Trump -
DJT: Trump Media reports $770,500 revenue for first quarter, net loss of $327.6 million
Trump Media, the parent company of Donald Trump's Truth Social, debuted on the Nasdaq stock exchange in March.CNBC - Business - Donald Trump -
Trump Media lost $327.6 million in the first quarter of the year on revenue of just $770,500
Trump Media & Technology Group, the parent company of Donald Trump’s Truth Social platform, disclosed a net loss of $327.6 million in the first quarter of the year, with total revenue at $770,500, according to its earnings report, filed Monday ...NBC News - Top stories - Donald Trump -
Caitlin Clark's eventful fourth quarter in loss to Sun shows both her talent and room to grow
Clark had seven points and five assists in the frame, but also a few costly mistakesCBS Sports - Sports -
Trump Media stock closes down 8.6% after posting $327.6 million loss in first quarter
Trump Media, whose majority shareholder is former President Donald Trump, operates the social media app Truth Social and trades under the DJT stock ticker.CNBC - Business - Donald Trump -
Trump Media stock falls 10% after posting $327.6 million loss in first quarter
Shares of Trump Media fell more than 10% on Tuesday, a day after the Truth Social app owner reported a net loss of $327.6 million on just $770,500 in revenue in the first quarter of 2024.NBC News - Top stories - Donald Trump -
Chinese search-engine giant Baidu reported a drop in quarterly profit, but beat estimates, helped by stable online marketing revenue and rising sales from its AI Cloud business.
Chinese search-engine giant Baidu reported a drop in quarterly profit, but beat estimates, helped by stable online marketing revenue and rising sales from its AI Cloud business.The Wall Street Journal - World