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SECOND QUARTER EARNINGS
Berkshire Hathaway spends down cash pile under CEO Greg AbelBerkshire Hathaway reduced its cash hoard to $365.5 billion in Q2, as CEO Greg Abel deployed capital into $4.5 billion of stock buybacks an...- Q1 Results Tracker: Tata Motors, Vodafone Idea among 2,045 companies set to announce earnings this weekGoldman Sachs expects the Nifty 50 to rebound to 26,500 by June 2027, above its current record high, as India’s macro backdrop improves. Lo...
- Berkshire Hathaway's new CEO Greg Abel spends a chunk of the company's massive cashpileUnder the new leadership of Greg Abel, Berkshire Hathaway made a staggering investment of ten billion dollars in the parent company of Goog...
- Global Market | Europe's STOXX 600 ends week at all-time high on earnings support, soft US jobs dataOn Friday, Europe's STOXX 600 index marked its fourth consecutive record closing, driven primarily by technology stocks that mirrored the s...
- Global Market: European bluechip earnings set for strongest growth since 2022 as energy sector powers profitsEuropean blue-chip companies are gearing up for their most promising quarterly earnings growth in the last three years, with the energy sec...
- Global Market: Singapore's OCBC, UOB Q2 profits rise as wealth business cushions impact of lower interest ratesSingapore's OCBC and UOB banks have exceeded expectations with their second-quarter earnings, showcasing resilience amid lending income cha...
- Datadog shares fall 16% as investors punish slower growth outlookDespite a strong second quarter and raised earnings guidance, Datadog faces concerns over moderating growth and weaker usage from a major A...
- SpaceX advances $1 trillion revenue target to 2030, Musk saysSpeaking to investors, Musk said the company’s internal financial projections had shifted from reaching the milestone in 2031 to 2030, addi...
- Ralph Lauren shares jump 7% as shoppers in Asia, North America drive revenue beatRalph Lauren's first-quarter financial performance surpassed expectations, showcasing a robust demand driven by younger consumers across va...
- Global Market: DBS raises full-year outlook as record Q2 profit beats estimatesDBS Group announced a robust nine percent increase in net profit for the second quarter, bolstered by a remarkable forty-two percent rise i...
- US stocks may have more room to rally as earnings, AI spending support marketStrong corporate earnings, sustained AI infrastructure spending and easing valuation concerns have strengthened confidence in the US stock ...
- EBay forecasts upbeat quarterly revenue as high-value categories drive momentumEBay is set to surpass its revenue forecasts for the third quarter, driven by a renewed emphasis on luxury goods and collectibles. The acqu...
- Berger Q1 net profit jumps 29% as decorative paints drive growthIn the June quarter, Berger Paints India experienced a remarkable increase in profits, with its decorative paints segment marking its best ...
- Uber shares drop 6% as weak forecast overshadows strong bookingsUber’s strong second-quarter growth was overshadowed by a weak outlook, sending shares down 6% as the company ramps up autonomous-vehicle i...
- 'Too much money': Trump attacks ExxonMobil & Chevron over massive profits, demands lower gasoline prices for American driversUS President Trump voiced his discontent with ExxonMobil and Chevron, accusing them of reaping excessive profits at the expense of consumer...
- Singapore's Grab lifts annual forecasts as AI, incentives drive growthGrab has increased its annual revenue and profit forecasts for the upcoming year. Strong demand for ride-hailing and delivery services fuel...
- Amazon hits $3 trillion market valueAmazon's market value surpassed three trillion dollars for the first time. This milestone places Amazon among only five companies ever to a...
- AI isn’t a catch-all trade for stocks in this earnings seasonInvestors are becoming more selective about AI-linked stocks, rewarding companies such as Microsoft and Amazon for showing clear returns fr...
- Mastercard profit beats estimates on strong consumer spendingMastercard reported better-than-expected second-quarter profits on Thursday. Strong transaction volumes and resilient consumer spending sup...
- US Stock Market: CME shares jump 6% after Q2 profit beats estimates; strong hedging demand boosts resultsCME Group shares surged after reporting strong second-quarter earnings which exceeded analyst estimates. Resilient hedging demand and incre...
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