Berkshire Hathaway swings to a profit, boosted by massive investment gains
Berkshire Hathaway on Saturday reported a jump in earnings in the second quarter of 2023, recovering from large investment losses a year ago, when the bear market flummoxed even the most successful investors like Berkshire Chairman Warren Buffett.
2023-08-05 23:25
Berkshire posts record operating profit, $35.9 billion of net income
(Reuters) -Berkshire Hathaway on Saturday posted its highest ever quarterly operating profit, while gains from stock holdings helped the conglomerate
2023-08-05 20:47
EV maker Fisker cuts output forecast on supply chain woes, shares slide
(Reuters) -Fisker Inc fell nearly 9% on Friday after supply chain issues forced a cut in its annual production target,
2023-08-04 22:52
Exchange operator Cboe's profit rises on swelled up trading volumes
(Reuters) -Exchange operator Cboe Global Markets on Friday reported a rise in its quarterly profit, driven by swelled up trading
2023-08-04 19:59
Maersk posts Q2 profits above forecast, adjusts FY guidance upwards
By Jacob Gronholt-Pedersen COPENHAGEN (Reuters) -Shipping group A.P. Moller-Maersk on Friday reported second-quarter earnings above expectations, and adjusted its profit
2023-08-04 14:21
Airbnb forecasts upbeat revenue as international travel rebounds
By Priyamvada C and Doyinsola Oladipo (Reuters) -Airbnb forecast third-quarter revenue above market estimates on Thursday, but industry fears of
2023-08-04 12:56
EV startups burn through more cash as demand falters
By Akash Sriram U.S. electric vehicle startups are expected to show the impact of Tesla's price war when
2023-08-04 11:51
Apple sees sales slump continuing, shares drop 2% despite beating sales expectations
By Stephen Nellis Apple on Thursday forecast that a sales slump would continue into the current quarter, sending
2023-08-04 08:22
MP Materials profit beats, starts some rare earths refining
(Reuters) -Rare earths miner MP Materials posted a better-than-expected quarterly profit on Thursday and said it has started refining small
2023-08-04 07:48
Corteva profit beats expectations on higher seed prices
(Reuters) -Agricultural chemical and seed company Corteva beat Wall Street estimates for second-quarter profit on Thursday, benefiting from strong demand
2023-08-04 05:20
Monster Beverage sales miss estimates on lower customer spending
Monster Beverage Corp missed Wall Street estimates for second-quarter sales on Thursday as higher cost of living weighed
2023-08-04 04:51
Amazon's outlook brightens on cloud, consumer sales lift
By Jeffrey Dastin and Chavi Mehta (Reuters) -Amazon.com Inc on Thursday reported sales growth and profit ahead of Wall Street's
2023-08-04 04:45