Searched for
SECOND QUARTER
Global Market: BNP Paribas Q2 profit jumps 33% on strong trading, retail rebound; beats estimatesBNP Paribas reported a better-than-expected 33% rise in second-quarter net profit to €4.35 billion, driven by strong equity trading, a reco...
Global Earnings | Hyundai Motor reports 21% drop in Q2 profit, misses forecastsHyundai Motor reported a significant profit drop in the second quarter. Weaker vehicle sales and production disruptions impacted the compan...
Elon Musk's Tesla posts cash burn as capex surges on AI, robotaxi pushTesla Inc.reported negative free cash flow of $1.1 billion in Q2 as heavy spending on AI, robotaxis and manufacturing weighed. Deliveries b...
Tesla earnings disappoint Wall Street as Elon Musk’s AI push, pivot beyond cars hurt profitsTesla's second quarter earnings missed profit estimates for the first time in over two years. The company reported negative free cash flow ...
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...
Global Market: South Korea's Q2 GDP beats estimates on chip exports; semiconductor stocks in focusSouth Korea's GDP expanded 0.6% in the second quarter. Robust semiconductor exports offset weakness in construction investment, reinforcing...
IBM cuts annual revenue growth forecast as customers prioritize AI infrastructure spendingIBM reduced its annual revenue growth forecast on Wednesday. The company also missed profit and revenue expectations for the second quarter...
AT&T shares jump 4% after strong Q2 earnings, raising buyback targetAT&T shares climbed after reporting robust second-quarter earnings and adding customers. The company announced plans to accelerate its shar...
Alphabet's Gemini delay, spending worries loom over earningsThe Google parent - set to report second-quarter results on Wednesday - has delayed from June the launch of its next flagship model, Gemini...
Global Market: Euro zone banks tighten credit standards amid geopolitical risks, ECB survey showsEuro zone banks tightened lending standards in the second quarter as geopolitical uncertainty and economic risks prompted greater caution, ...
Global Markets: Japan's Nikkei rallies after steep decline as focus turns to tech resultsJapan's Nikkei share average advanced on Tuesday after a significant weekly decline. Markets reopened and investors bought bargains followi...
US manufacturing output unchanged in June, but accelerates in second quarterUS factory output remained steady in June, but saw strong second-quarter growth. This expansion was fueled by artificial intelligence inves...
Publicis raises growth target as AI-driven marketing demand stays strongPublicis raised its growth target after strong second-quarter sales exceeded expectations. AI-powered marketing services and client wins bo...
TSMC's second-quarter profit seen hitting record on AI boomAnalysts said demand for Taiwan Semiconductor Manufacturing Co's (TSMC) 3-nanometre and 2-nanometre process technologies for AI chips, as...
Netflix's next growth chapter hinges on keeping viewers hookedThe streaming giant has shed over a fifth of its value this year due to doubts about its growth efforts, including an ad business that is...
IBM's historic stock crash: What triggered the 25% plunge?IBM shares suffered a record 25% plunge after weak earnings guidance, as AI infrastructure spending, delayed software purchases, mainframe ...
Dutch tech giant ASML posts gain in second-quarter profitsDutch tech giant ASML, which makes cutting-edge machines to manufacture semiconductor chips, Wednesday posted a gain in second-quarter net ...
US Stock Market: Wall Street braces for pivotal week as earnings, inflation data and Middle East tensions come into focusWall Street faces a pivotal week with key economic data releases and corporate earnings. Investors will closely watch inflation figures and...
TSMC posts record revenue in second quarter on AI demandRevenue in the second quarter rose 36% from a year earlier to a record high on surging interest in artificial intelligence applications. On...
Taiwanese chipmaker Nanya plans $6 billion in spending in 2027, riding AI boomTaiwanese memory chipmaker Nanya Technology plans substantial capital spending next year. This increased investment is driven by soaring de...