Finance News – Profits
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Crypto Trader Turns $332 Into $190K on Gooncoin as Solana Meme Coins Get Hot Again
An investor transformed a small initial amount into substantial earnings by trading a Solana-based token, reflecting renewed interest and activity in the market for meme cryptocurr...
Read Full Article →Pi Coin price drops, but Elliot Wave points to a comeback
Following a recent peak, the value of Pi Network's token declined as traders realized gains, reflecting a temporary market adjustment while technical indicators suggest potential f...
Read Full Article →Why is crypto down today?
The recent decline in digital currencies like Bitcoin reflects market reactions to updated inflation figures, prompting investors to secure gains amid economic uncertainty.
Read Full Article →Analysis: Ethereum’s rally stalls near $2.58K as holders take profits
Following a substantial increase, Ethereum's price has declined slightly as investors capitalize on gains, indicating a potential shift in market sentiment and affecting short-term...
Read Full Article →Employment levels slump as Reeves’ taxes bite
The recent decline in job numbers reflects the impact of increased taxation on businesses, which appears to have reduced employer profitability and subsequently affected workforce...
Read Full Article →Macquarie chief’s pay cut to $24m as ‘millionaires’ factory’ rakes in $3.7b
Macquarie's recent profit announcement highlighted substantial earnings alongside a reduction in the chief executive's compensation to $24 million, reflecting ongoing financial gro...
Read Full Article →Can the meme coins rally again? Dogecoin, Shiba Inu and Pepe dip slightly
A recent surge in interest around meme cryptocurrencies, including a notable group profiting close to $100 million from MELANIA token sales, highlights the potential for significan...
Read Full Article →Investigation reveals a group of traders made nearly $100 million buying MELANIA minutes before the...
A recent inquiry uncovered that several traders acquired large amounts of MELANIA memetokens shortly prior to its release, resulting in estimated combined earnings approaching $100...
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 →Rates tipped to tumble, Trump-triggered uncertainty to hang around ‘for a while yet’
The lender indicated that upcoming financial fluctuations are likely, reflecting ongoing economic uncertainty linked to recent political developments, which may impact market condi...
Read Full Article →BMW boss predicts Trump’s 25% tariffs on foreign cars will be lowered by July
BMW’s chief executive anticipates a reduction in import duties by mid-year, following a significant decline in the company’s first-quarter earnings compared to the previous period.
Read Full Article →BMW Group profits plunge but outlook maintained despite tariff pressures
The German automaker experienced a decline in earnings compared to last year but reaffirmed its financial goals, anticipating that recent increases in US trade tariffs will not hav...
Read Full Article →Trainline shares tumble amid warnings over expansion of London contactless zone
The company's stock declined notably due to concerns about challenges from transportation policy changes and a potential decrease in international travel demand, impacting its futu...
Read Full Article →ASX set to fall, Trump tariff uncertainty hurts Wall Street giants; Aussie dollar rises; NAB results...
The decline in US markets, influenced by tariff-related uncertainties and reduced enthusiasm for AI stocks, contrasts with the Australian dollar's increase and upcoming financial r...
Read Full Article →MELANIA memecoin insiders reportedly make over $150 million including pre-sale trades
A group of early investors in the MELANIA token generated substantial earnings totaling more than $150 million, largely by engaging in trades shortly before its public announcement...
Read Full Article →Fewer borrowers falling behind on loan repayments, says Westpac
Westpac reported $3.3 billion in profits for the first half, attributing improved loan repayment rates to the recent interest rate reduction by the central bank.
Read Full Article →ASX set to rise, Wall Street keeps streak alive; Westpac profits dip
The Australian stock market is expected to open higher following positive momentum from U.S. equities, while Westpac's latest earnings report revealed a modest decline in profitabi...
Read Full Article →Next set to reveal profit increases amidst tariff uncertainty
Next is anticipated to report higher profits in its upcoming quarterly results, despite ongoing cost pressures and concerns regarding consumer confidence in the UK retail sector.
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 →Chevron and Exxon profits drop on falling oil price
Chevron and Exxon reported decreased profits due to declining oil prices, highlighting the industry's vulnerability to reduced demand amid ongoing trade tensions that could impact...
Read Full Article →Bitcoin hodler unrealized profits near 350% as $100K risks sell-off
As Bitcoin approaches a $100,000 price point, long-term holders with nearly 350% unrealized profits may be prompted to sell, impacting market dynamics and potential price movements...
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 →NatWest profits soar by 36% as full privatisation looms
NatWest reported a £1.8 billion profit for the first quarter, a 36% increase, as the UK government's stake fell below 2%, signaling a move towards full privatization.
Read Full Article →NatWest sees profits rise by 36% as privatisation looms
NatWest Group reported a 36% increase in first-quarter profits, signaling improved financial performance as it moves towards full privatization following the 2008 financial crisis...
Read Full Article →Shell: FTSE 100 giant’s shares rise after unveiling buyback and profit hit
Shell's first-quarter adjusted earnings of $5.58 billion exceeded expectations but reflected a significant decline from the previous year, influenced by lower crude oil prices amid...
Read Full Article →Billionaire profits from slump in Melbourne office towers
Two investors are acquiring office towers in Melbourne at significantly reduced prices, capitalizing on the current market downturn in property values within the Flinders and Colli...
Read Full Article →Tether boosts US Treasury holdings by $3B amid YoY profit drop
Tether has significantly increased its investments in US Treasury instruments by over $3 billion, despite experiencing a notable decrease in profits compared to the same period las...
Read Full Article →McDonald’s and General Motors say Trump’s tariff war is harming business
Both McDonald's and General Motors experienced financial setbacks attributed to tariff-related uncertainty, with the fast-food chain reporting a 3.6% decline in sales and the autom...
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.
Read Full Article →Profits fall at Premier Inn owner Whitbread on drop in UK bookings
Whitbread experienced a decline in profits and revenues due to increased costs and reduced UK bookings, yet investors reacted positively to the announcement of significant share bu...
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