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articles
Daimler Truck Bets on H2 Recovery as US Demand Offsets Tariff Blow
Despite a steep drop in Q2 net income, the German truck maker raised its full-year forecast on surging US demand and eas...
Thomson Reuters Launches Own AI Model, Raises Revenue Outlook
The information group lifted its full-year growth forecast to about 8% and revealed its in-house AI model Thomson, targe...
Atlassian Shares Jump 35% After Surprise GAAP Profit as Enterprise Cloud Deals Surge
Atlassian swung from a loss to $139 million in quarterly profit, defying AI-driven SaaS sell-off fears. Cloud revenue gr...
Petrobras Q2 Earnings Surge, Yet Analysts Say Pricing Policy Cost $1.8 Billion
Petrobras reported record production and strong Q2 earnings, but domestic fuel prices below international parity cost th...
SoftBank Q1 Profit Drops 17.7% as Its OpenAI Bet Nears a 13% Stake
SoftBank Group reported a 17.7% fall in first-quarter net profit despite a 10.9% revenue rise, while detailing plans to ...
Airbnb Defies Local Crackdowns as Australian Bookings Surge and Asia Expansion Booms
Airbnb reported a 17% revenue jump and accelerating growth in Australian origin nights booked, even as Victorian taxes o...
How Airlines Clawed Back Fuel Costs – and What It Means for Fares
IATA's halved profit forecast signals the scale of the fuel crisis, but quarterly reports show carriers managed to recap...
Markets Wobble Ahead of US Jobs Data as Allianz and Munich Re Stir Mixed Reactions
Global markets paused on Thursday as investors awaited a critical US labor report, while a flurry of earnings from Allia...
Petrobras Posts R$52.4bn Q2 Profit, Nearly Doubling Year-Ago, on Soaring Oil Prices
Petrobras reported net profit of R$52.4 billion for Q2 2026, a 96.8% jump, fueled by a 54% surge in Brent crude prices a...
Airbnb Lifts Revenue Forecast Again as US and Europe Demand Soars
Airbnb revised its 2026 revenue growth target to at least 15%, up from a previous 10-15% range, citing strong travel dem...
WPP Chief Cindy Rose: Outcome-Based Client Pay Still ‘A Few Years’ Away
Despite CEO Cindy Rose making outcome-based remuneration a cornerstone of WPP’s turnaround, only one client — Jaguar Lan...
Lupin Q1 Profit Rises 16% as US Sales Surge; Stock Retreats from Day's High
Mumbai-based drugmaker Lupin beat estimates with a 16.1% rise in net profit to ₹1,415 crore, driven by a 30% jump in US ...
DHL Profit Jumps 30% as Heavy Air Freight Strategy Pays Off
DHL's Express division powered a 30% rise in operating profit on heavy air cargo, capacity tightness, and surcharges, dr...
WBD Banks on HBO Max Ad Tier and Live Sports as Linear TV Drags Down Q2 Earnings
Warner Bros. Discovery reported $8.7B in Q2 revenue, missing estimates as linear TV ad sales fell sharply. However, stre...
Oil Majors Post Record H1 Profits as European Giants Abandon Green Pivot for Capital Discipline
Saudi Aramco, ExxonMobil, and Chevron led a windfall half, while Shell's $16.4bn ARC acquisition and BP's planned solar ...
Rocket Companies Posts Record Market Share as AI Tools Drive Productivity, but Q3 Outlook Tempered by High Rates
Rocket's Q2 2026 net revenue nearly doubled to $2.78 billion, with market share hitting records in purchase and refinanc...
Blend Labs Reports Stronger Q2, AI Autopilot Gains Traction
Revenue up 7% to $33.8 million and non-GAAP operating income hits $7 million as the mortgage technology firm rolls out i...
Trucking Sector Rebounds as Supply–Demand Balance Tilts Toward Carriers
Publicly held trucking companies surprised Wall Street with better‑than‑expected quarterly earnings, signaling that a ma...
Commerzbank Posts Record First-Half Profit as UniCredit Tightens Grip
Commerzbank’s Q2 net profit nearly doubled to €898 million, fueling a €1.2 billion buyback plan as CEO Orlopp prepares f...
Zurich beats H1 profit forecast but Farmers miss and Beazley drag hit shares
Zurich Insurance’s half-year operating profit topped expectations at $4.8bn and it raised life insurance guidance to at ...
Uber forecasts bookings in line with estimates as Brazil competition hits trips growth
Uber's third-quarter bookings guide of $58.25–$60.25 billion met analyst expectations, but a sharper-than-expected slowd...
Nintendo's 53% Profit Surge Lifted by Trump Tariff Refund Despite Sales Dip
Nintendo's quarterly profit soared 53.5% thanks to a US tariff refund, even as revenue fell 10%. The windfall comes amid...
SanDisk's Guidance Miss Erases Gains, Sends Storage Chip Stocks Tumbling in After-Hours Trade
SanDisk's fiscal Q4 revenue soared 372% on booming AI server demand, but a weaker-than-expected revenue forecast for Q1 ...
Palantir Shares Surge 30%, Adding $3.1 Billion to CEO Alex Karp’s Net Worth
A blockbuster earnings report sent Palantir stock soaring, lifting CEO Alex Karp’s fortune by $3.1 billion in a single d...
SpaceX Revenue Nearly Doubles in First Public Quarter as Starlink Funds AI Expansion
Starlink satellite internet now generates over half of SpaceX's $7.8 billion quarterly revenue, while massive capex of $...
Riachuelo's Record Q2 Profit Masks Slower Sales, Margin Gains Shine
Brazilian apparel retailer Riachuelo posted a record second-quarter net profit of R$168 million, up 36.2% year-on-year, ...
Bed Bath & Beyond Rebrands as Neighborhood Intelligence, Moves HQ to Nashville and Reports Mixed Q2
The former home goods retailer will trade as NXH on Nasdaq from August 17, relocates its headquarters to Tennessee, and ...
Palantir's Stock Jumps 30% on 'Otherworldly' Q2 Revenue, Pushing CEO Alex Karp Up 67 Billionaire Ranks
Palantir's commercial revenue surged 149% as Q2 sales and earnings blew past estimates, erasing year-to-date losses and ...
Disney Q3 Earnings: Streaming Profit Soars, But ESPN and International Parks Disappoint
Revenue rose 7% to $25.2 billion and adjusted EPS climbed 28%, driven by a 15% jump in Disney+ and Hulu subscriptions. H...
Booking Holdings Q2 Profit Doubles on Debt Revaluation; Underlying Growth 8%
Net income hit $1.95B due to a euro debt revaluation, but adjusted earnings rose 8% on 8% higher revenue. Booking raised...