Tag: profit
Berkshire Takes $3.8 Billion Kraft Heinz Write-Down, Operating Profit Falls
Warren Buffett’s Berkshire Hathaway announced on Saturday that it had taken a $3.76 billion write-down on its stake…
Riot Rides Bitcoin To Profit, But Market Frets Over Slow Data Center Growth
Riot Platforms, Inc. (NASDAQ:RIOT) shares are trading lower on Friday following the release of their second-quarter earnings report.…
An Amazon seller doing 7 figures says one strategic addition has doubled her profit
Lisa Harrington, the founder of Purrfect Portal, has had a remarkable journey in the world of e-commerce. Her…
Exxon and Chevron, Rivals Turned Frenemies, Face Profit Pressure-Cooker
Exxon Mobil and Chevron, America's two largest oil companies, are gearing up to report their earnings, and things…
HSBC profit tumbles as China losses mount
HSBC Holdings, Europe's largest bank, reported a significant drop in profit in the first half of the year,…
UnitedHealth Reports $3.4 Billion Profit And Sees 2026 Earnings Growth
UnitedHealth Group, a leading provider of health benefits and services, reported a decrease in profits to $3.4 billion…
JK Paper to acquire Borkar Packaging amid profit decline
Indian paper and packaging board manufacturer JK Paper has recently announced a significant decline in profit for the…
US tariffs dent VW Group operating profit in H1 2025
Volkswagen Group Faces Operating Profit Decline in H1 2025 Volkswagen Group experienced a significant 33% decrease in its…
TelevisaUnivision Cuts Expenses to Boost Q2 Profit Amid Revenue Dip
Spanish-language giant TelevisaUnivision recently announced its second-quarter financial results, revealing that it had managed to increase its net…
Elevance Health Is Latest Insurer To Cut Profit Targets As Costs Surge
Elevance Health, a prominent health insurer, recently announced a downward revision of its profit forecast for the remainder…
Ukraine’s New Oligarchs Profit Off Bloody War to Solidify Zelensky’s Regime |
Zelensky with U.S. dollars, image courtesy of Eurasia Review. As Ukraine's wartime saga stretches into its fourth year,…
Samsung Elec Q2 profit likely to drop 39% on weak AI chip sales
Samsung Electronics, the world's biggest maker of memory chips, is expected to announce a 39% decrease in second-quarter…