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Alibaba shares drop 5% in premarket trading after big profit miss
Alibaba’s stock declined in early trading as the company reported lower-than-expected revenue and net income for the last quarter, signaling potential challenges for its financial...
Read Full Article →Under Armour’s stock gains as upbeat outlook shows turnaround gaining ‘traction’
Under Armour’s forecast of a modest profit for the first quarter, surpassing market expectations, indicates improving financial performance and has positively influenced investor c...
Read Full Article →Saudi oil giant Aramco posts 5% dip in first-quarter profit on weaker crude prices
Saudi Aramco experienced a decline in net earnings during the first quarter compared to the previous year, reflecting the impact of reduced crude oil prices and decreased output le...
Read Full Article →Novo Nordisk cuts 2025 guidance on weaker-than-expected Wegovy sales, posts first-quarter profit bea...
Despite reporting higher-than-anticipated first-quarter earnings, Novo Nordisk adjusted its 2025 revenue outlook downward due to slower demand for Wegovy, impacting overall financi...
Read Full Article →Luxury carmaker Ferrari warns of U.S. tariff risks after 17% jump in first-quarter profit
Ferrari's strong first-quarter earnings reflect increased consumer interest, but the company faces potential financial challenges due to possible new import duties in the United St...
Read Full Article →Ford puts a number on its profit hit from Trump’s tariffs and halts guidance
Ford experienced a $1.5 billion reduction in earnings due to trade tariffs, prompting the company to suspend its annual financial forecast amid ongoing market uncertainties.
Read Full Article →Standard Chartered beats first-quarter profit expectations on strong growth in wealth management
Standard Chartered reported higher-than-anticipated first-quarter profits, primarily driven by a significant 28% year-on-year growth in operating income from its Wealth Solutions d...
Read Full Article →Airbnb expects slower growth in nights booked, amid ‘broader economic uncertainties’ in U.S.
Airbnb anticipates a deceleration in bookings growth in the upcoming quarter due to economic uncertainties in the U.S., while maintaining its annual profit margin outlook.
Read Full Article →This is why Reddit’s stock is rising after earnings
After surpassing Wall Street's expectations for daily active users, revenue, and profit in its first-quarter earnings, Reddit Inc. shares experienced a 2.4% increase during extende...
Read Full Article →Eli Lilly sales soar 45% on weight loss drug demand, but drugmaker cuts profit outlook after cancer...
Eli Lilly experienced a significant increase in sales attributed to strong demand for its weight loss and diabetes medications, yet adjusted its profit forecast following a recent...
Read Full Article →GM slashes profit outlook, sees tariffs costing up to $5 billion
GM has revised its profit forecast downward, attributing potential losses of up to $5 billion to tariffs, even as recent quarterly earnings surpassed market expectations for both p...
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