profit

Riding high global demand for its AI chips, South Korean tech giant Samsung Electronics reported record quarterly profits on Thursday....Read More

The massive British pharmaceutical company AstraZeneca announced on Thursday that, as it grows its business in the US, its net profit increased by 77% in the third quarter. According to a statement from AstraZeneca, profit after...

Netflix shares sank on Tuesday after the streaming television powerhouse reported quarterly profit that fell short of market expectations. Netflix recorded a profit of $2.5 billion on revenue of $11.5 billion in the recently ended quarter,...

French banking giant BNP Paribas reported a better-than-expected net profit for 2024 on Tuesday, propelled by a strong performance in its investment and financing services. The bank posted an after-tax profit of 11.7 billion euros ($12...

Due to continued low output, Saudi oil major Aramco on Tuesday announced net income of $29.07 billion for the second quarter, a minor decrease from the same period last year. The company claimed in a statement...

The British consumer goods major Unilever reported on Thursday that increased sales helped net profit in the first half of the year increase by 4%. In comparison with the first half of 2023, profit after tax...

Starbucks missed earnings expectations on Tuesday despite reporting lower profits on declining sales. The coffee giant attributed the earnings failure on declining consumer mood and unimpressive circumstances in China. Chief Executive Laxman Narasimhan stated that the...

The financial behemoth HSBC said on Tuesday that its first-quarter pre-tax profits dropped by $200 million to $12.7 billion. “We completed the sale of our Canada business and agreed the sale of our Argentina business, both...

The British pharmaceutical behemoth AstraZeneca announced on Thursday that its net profit for the first three months of the year increased by 21% as a result of a robust increase in sales of cancer medications. AstraZeneca...

Netflix topped earnings expectations Thursday, reporting that profit and subscriber ranks grew as its heavy bet on a rich content line-up paid off amid a crackdown on password sharing. The leading streaming television service said it...