Tag

Second Quarter

All articles tagged with #second quarter

Knicks rally to beat Celtics for second straight win

Originally Published 2 months ago — by New York Post

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Source: New York Post

The New York Knicks overcame a slow start to beat the Boston Celtics 105-95, led by Jalen Brunson's 31 points, with a dominant second quarter that shifted the game in their favor. The Knicks displayed offensive balance and strong rebounding, especially on the offensive glass, and improved to 2-0 under new coach Mike Brown.

US Q2 GDP Growth Revised Up to 3.3%, Signaling Stronger Economy

Originally Published 4 months ago — by CBS News

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Source: CBS News

The US GDP grew at a 3.3% annual rate in Q2 2025, revised upward from 3%, driven by a rebound in exports and investment, especially in AI-related sectors, after a decline in Q1 caused by increased imports. Despite this growth, concerns remain about weak private demand and inflation outpacing wages, with the economy growing at an average of 1.4% in the first half of the year.

US Economy Expands 3.3% in Q2, Government Reports

Originally Published 4 months ago — by Yahoo Finance

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Source: Yahoo Finance

The US economy grew by 3.3% in the second quarter of 2025, rebounding from a 0.5% contraction in the first quarter due to trade war impacts, with stronger consumer spending and a significant drop in imports contributing to the growth, despite declines in private investment and government spending.

Germany's Economy Contracts More Than Expected in Q2

Originally Published 4 months ago — by DW

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Source: DW

Germany's economy shrank by 0.3% in Q2 2025, with weaker industrial output and increased imports contributing to the decline, raising concerns about a potential third consecutive year of recession. The government faces pressure to implement bold reforms to boost competitiveness, while other news includes a court blocking the renaming of a Berlin street and calls for Germany to recognize a Palestinian state.

UK Economy Grows 0.3% in Q2 Despite Slower Pace

Originally Published 5 months ago — by BBC

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Source: BBC

UK economic growth slowed to 0.3% in Q2 but exceeded forecasts, driven mainly by services and construction, with positive revisions for April. Experts suggest weather and consumer confidence helped, but concerns remain over global economic impacts, business investment, and potential tax hikes. The Bank of England may delay rate cuts amid inflation concerns, while forecasts for the rest of 2023 remain cautious.

Berkshire Hathaway's Q2 Operating Profits Drop 4% Amid Kraft Heinz Write-Down

Originally Published 5 months ago — by Barron's

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Source: Barron's

Berkshire Hathaway's operating profits declined by 4% in Q2 to $11.2 billion, impacted by foreign exchange losses and a $3.8 billion write-down of its Kraft Heinz stake, which is now valued at $8.4 billion. Despite the profit dip, core business segments like railroads and utilities showed growth, and Berkshire maintained a large cash reserve of $344 billion. The company did not repurchase shares in the quarter, and its overall earnings fell nearly 60% due to lower investment gains, though underlying operating profits suggest strength in the business.

US Q2 Economic Growth Shows Promise Amid Tariff Challenges

Originally Published 5 months ago — by Barron's

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Source: Barron's

The upcoming GDP report for Q2 may appear positive with an estimated growth of around 1.8%, but this is misleading as the growth is primarily driven by a sharp decline in imports rather than genuine economic acceleration. Underlying factors such as weaker investment and slowing private domestic sales suggest the economy is only 'muddling through' with no strong momentum for the rest of the year.

Netflix's Profit Surge Fails to Boost Stock Despite Earnings Beat

Originally Published 5 months ago — by Yahoo Finance

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Source: Yahoo Finance

Netflix's stock declined about 2% after reporting a record second-quarter revenue of $11.08 billion and raising full-year guidance, but concerns over shrinking margins due to increased content and marketing expenses tempered investor enthusiasm. Despite strong results and optimistic future guidance, the stock's high valuation and margin pressures led to a cautious market response.