Questioning Power Google employees have been pretty down as of late amid massive layoffs — but according to the company’s C-suite, the beatings won’t continue. As CNBC reports, an all-hands meeting at Google’s parent company Alphabet got contentious last week when staffers began asking executives why morale was so low despite record earnings that pushed the […]
Post-tax profits at the private ambulance service owned by mortgage campaigner David Hall last year increased by 60 per cent to €977,700. New accounts filed by Mr Hall’s Lifeline Ambulance Service Ltd show post-tax profits of €977,700 in the 12 months to the end of June 30th 2023, compared to €609,505 in the prior year. […]
BRUSSELS (AP) — European Union nations reached a tentative breakthrough deal to provide Ukraine with billions in additional funds for arms and ammunitions coming from the profits raised from frozen Russian central bank assets held in the bloc. The agreement among the 27 EU ambassadors was announced by Belgium, which holds most of the frozen […]
Coinbase Global (COIN) posted its second consecutive quarterly profit as crypto trading surged during the first three months of 2024. Yet the stock of the largest US cryptocurrency exchange fell by as much as 4% in after-hours trading Thursday. The stock is up more than 31% since the beginning of the year but 38% below […]
The media firm owned by TV presenter, podcast host and model, Vogue Williams last year enjoyed record profits as post tax profits surged to €1.32m for the year. New accounts filed by the Dubliner’s Howth Media Ltd show that the post tax and dividend profits of £1.13 million (€1.32 million) in the 12 months to […]
Pfizer is steering investment to oncology and other drug areas to offset diminished sales in Covid-19 products (SPENCER PLATT) Pfizer reported a drop in profits on lower sales of Covid-19 related profits Wednesday as it steers investments to other pharmaceutical areas and implements previously announced cost cuts. Much lower sales of Covid-19 vaccine Comirnaty and […]
While energy stocks outperformed other sectors last quarter, Wall Street anticipates lower annualized profits from giants like Chevron (CVX) and ExxonMobil (XOM) when they report quarterly results this Friday — in part due to falling natural gas prices and lower refining margins during the first three months of the year. Investors will also be looking […]
NEW YORK (AP) — Bank of America said its first-quarter profits fell 18%, as the bank dealt with rising expenses due to the impact of higher interest rates. But the results beat analysts’ estimates. The Charlotte, North Carolina-based bank posted a profit of $6.67 billion, or 76 cents per share, compared with $8.2 billion, or […]
Bank of America (BAC) said Tuesday that first-quarter profits dropped 18% from a year ago as a key revenue source weakened, offering the latest example of how even the biggest banks are increasingly challenged by high interest rates. Net interest income at Bank of America fell 3% from the year-earlier period “as higher deposit costs […]
Profits at Goldman Sachs (GS) rose 28% in the first quarter as investment banking revenues surged, giving CEO David Solomon some needed momentum at the start of 2024. Net income was $4.1 billion, beating analyst expectations. Its revenues of $14.2 billion also surged from a year ago thanks in part to a 32% rise in […]
Fool.com contributor Parkev Tatevosian answers whether investors should sell Nvidia (NASDAQ: NVDA) stock to take profits. *Stock prices used were the afternoon prices of April 10, 2024. The video was published on April 12, 2024. Should you invest $1,000 in Nvidia right now? Before you buy stock in Nvidia, consider this: The Motley Fool Stock […]
Profits for JPMorgan Chase (JPM) rose 6% in the first quarter to $13.4 billion, beating Wall Street expectations, even as its boss offered some warnings about the road ahead for the US economy. “Many economic indicators continue to be favorable,” JPMorgan CEO Jamie Dimon said. “However, looking ahead, we remain alert to a number of […]