Finance News – Profits
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You can see AI everywhere — except in Big Tech’s profits
Despite widespread integration of artificial intelligence across industries, major technology companies have not yet experienced substantial increases in their earnings or overall...
Read Full Article →Toyota says tariffs will cost it $1.3 billion in 2 months
Toyota anticipates a substantial negative impact on its earnings this fiscal year, estimating a $1.3 billion expense over two months as a result of increased trade barriers and ass...
Read Full Article →Chevron stock falls as lower profits and oil prices set to slow the pace of stock buybacks
Chevron's stock decline is linked to decreasing profits and oil prices, influenced by economic concerns from tariffs and increased oil production by OPEC+, impacting the company's...
Read Full Article →Oil major Shell launches $3.5 billion share buyback after first-quarter profit beat
Shell announced a $3.5 billion share buyback following better-than-expected first-quarter profits, even as the broader oil industry experiences a decline in earnings compared to th...
Read Full Article →Gold ETF investors may be surprised by their tax bill on profits
Investors in gold ETFs should be aware that profits may incur a higher capital gains tax rate of 28%, as the IRS classifies gold and related funds as collectibles.
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