Tesla, Profit and Shares Fall
Digest more
Volkswagen's Q2 profit drops
Digest more
A solid earnings season shows Corporate America’s profit engine is humming along, potentially easing worries that the record-setting rally in US stocks is starting to overheat.
Refiner Phillips 66 beat Wall Street estimates for second-quarter profit on Friday, helped by higher refining margins and lower turnaround expenses. Top U.S. refiners were expected to post higher second-quarter profit,
Wall Street investors punished Southwest for chopping its 2025 profit outlook by up to 65%, as the carrier’s executives implement changes driven by its activist investor.
Tesla revenue dropped 12%, and profits slumped 16% in the three months through June as buyers continued to steer clear, and in some cases, turn to more affordable competitors' offerings.
Cipher Mining sees growth in HPC hosting but faces high costs, cash flow struggles, and regulatory risks. Discover why it's rated a sell.
HCA Healthcare and Tenet Healthcare, for-profit chains that collectively own 240 hospitals, both said their revenue and profit came in stronger than expected in the second quarter, which ended June 30, prompting them to issue more optimistic financial forecasts for the year.
Indian homebuilder Sobha reported a first-quarter profit on Friday that more than doubled, helped by higher prices and sustained demand for premium apartments.
8hon MSN
Daniel Roper allegedly lost money while executing more than 20,000 trades in a little more than a year in an account he didn’t have discretion over.