Tag

Profit

All articles tagged with #profit

business6 days ago•3 min saved

Labor unions push for leadership shake-up at American Airlines amid profit slump

Two major American Airlines unions are pressuring CEO Robert Isom and the board to oust leadership after the carrier posted a modest $0.4 billion profit in 2025 and faced significant weather-related cancellations, including protests outside Fort Worth. While rivals Delta and United posted much larger profits, American is pursuing revenue boosts from paid luxuries and premium services as industry-wide headwinds persist, such as storms and slower aircraft production.

via Jalopnik|

#american-airlines #aviation-industry #business

business24 days ago•1 min saved

Disney Profit Squeezed by Big Budgets and YouTube Dispute

Disney reported a 7% drop in adjusted EPS to $1.63 and a 9% drop in operating profit to $4.6 billion for the quarter ended Dec. 27, as revenue rose about 5% thanks to streaming and cruise growth but heavy costs from big-budget films Avatar: Fire and Ash and Tron: Ares and a YouTube TV stalemate dampened margins; US theme-park attendance rose 1% with visitors spending 4% more per visit, while leadership changes loom as CEO Robert Iger nears retirement.

via The New York Times|

#business #disney #earnings

business1 month ago•16 min saved

TSMC to boost investments as profits soar 35%

Taiwan’s leading chipmaker TSMC reports a 35% jump in profit and says it will boost investments to expand capacity and support ongoing demand for semiconductors.

via AP News|

#business #investments #note-five-tags-requested-only-five

world1 month ago•2 min saved

Insider Trading and Profits Surrounding Venezuela and Global Conflicts

Traders on prediction markets profited significantly from the news of Nicolás Maduro's capture, with some making nearly $437,000, highlighting the potential for inside information and raising questions about regulation, as lawmakers consider new legislation to restrict political figures' participation in such markets.

via Axios|

#maduro #prediction-markets #profit

business3 months ago•2 min saved

Foxconn and Nvidia Boost Profits Amid Rising AI Demand

Foxconn reported a 17% increase in third-quarter profit driven by growth in its AI server business and partnerships with Nvidia, despite global economic uncertainties, and expects continued growth in the second half of the year.

via CNBC|

#ai #business #foxconn

business3 months ago•1 min saved

SoftBank Sells Nvidia Stake to Focus on OpenAI and AI Investments

SoftBank sold its Nvidia shares for $5.83 billion, reflecting a strategic shift towards AI investments like OpenAI, while reporting a nearly tripled profit in the first half of the fiscal year, with its stocks nearly doubling in value over the past year.

via AP News|

#ai #business #investment

business3 months ago•2 min saved

Wendy's Plans to Close About 300 US Stores to Boost Profits

Wendy's plans to close hundreds of U.S. restaurants in the coming months to improve profitability and store appeal, following the closure of 240 locations in 2024, as part of efforts to address underperforming outlets and adapt to changing consumer preferences amid economic pressures.

via ABC7 Los Angeles|

#business #consumer #profit

business3 months ago•0 min saved

UnitedHealth Profits from Open Enrollment Challenges

UnitedHealth Group is profiting from the open enrollment period amid political deadlock over extending premium tax credits, highlighting how insurers benefit regardless of policy outcomes while consumers face rising costs.

via The Lever|

#business #health-insurance #open-enrollment

business3 months ago•1 min saved

Coinbase Shares Surge on Strong Q3 Trading and Earnings

Coinbase reported a significant increase in third-quarter profit driven by higher trading volumes amid sector volatility, with transaction revenue doubling and stablecoin-related income rising, reflecting broader adoption and favorable policies.

via Yahoo Finance|

#business #coinbase #cryptocurrency

business3 months ago•3 min saved

Alphabet Surpasses $100B Revenue Driven by Cloud and YouTube Growth

Alphabet reported quarterly sales of $87.5 billion, beating estimates driven by strong growth in its Google Cloud unit, which generated a profit of $3.59 billion. The company's heavy investment in AI is paying off, with major deals and increased cloud sales, positioning it as a key player in the AI and cloud computing markets. Shares rose after the earnings report, reflecting investor confidence in its growth trajectory.

via Bloomberg|

#ai #alphabet #business

business3 months ago•3 min saved

Meta's Profit Declines Amid Tax Charges and Rising Expenses

Meta's Q3 profit was significantly impacted by a $16 billion one-time tax charge related to U.S. legislation, leading to a drop in shares. Excluding this charge, net income would have surged, and the company plans to increase capital expenditure substantially in 2026 to support its AI and infrastructure growth. Meta continues to leverage its large user base and AI-driven ad platform, while investing heavily in AI development and data centers, despite rising costs and economic uncertainties.

via Reuters|

#ad-revenue #ai-investments #business

business4 months ago•2 min saved

HSBC's Q3 Profit Declines Despite Revenue Boost Amid Madoff Lawsuit

HSBC's third-quarter profit declined 14% to $7.3 billion but exceeded expectations, driven by a 15% rise in net interest income, despite higher operating expenses and legal provisions related to the Madoff case. The bank also announced plans to privatize Hang Seng Bank, highlighting confidence in Hong Kong's financial sector.

via CNBC|

#business #hang-seng-bank #hsbc

business4 months ago•1 min saved

GM Cuts Salaried Jobs to Boost Profits

General Motors laid off over 200 salaried employees, mainly at its Warren Technical Center, as part of a restructuring effort to boost profits amid challenging market conditions and policy changes, despite recent strong earnings and an optimistic profit forecast.

via The Detroit News|

#automaker #business #gm

business4 months ago•2 min saved

Tilray Stock: Mixed Results and Future Outlook

Tilray Brands reported a surprise profit and saw its stock rise, but then announced a large share offering and potential share sales by a shareholder, leading to a significant stock decline and investor disappointment.

via The Motley Fool|

#business #investor-reaction #profit

business4 months ago•0 min saved

Nvidia and Oracle Face Profit and Market Challenges Amidst Cloud and GPU Concerns

Nvidia's CEO expressed confidence that their GPU business will remain highly profitable despite reports of Oracle experiencing a profit squeeze in its GPU segment, highlighting Nvidia's strong market position in the tech industry.

via CNBC|

#business #gpu #nvidia