JetBlue Airways Airbus A320 passenger aircraft landing at John F. Kennedy International Airport in New York City. Nik Oiko | LightRocket | Getty Images JetBlue Airways shares tumbled more than 6% Tues...
Tag: Profit
BP Boosts Returns as Oil Refining and Trading Drive Profit Beat
(Bloomberg) — BP Plc hiked its dividend and accelerated share buybacks to the fastest pace yet after an “exceptional” in oil refining and trading lifted profits above even the highest expectatio...
Optimism clan can leverage this upgrade to maximize profit
Traders’ optimism has been high in the market of late. Major cryptocurrencies registered their monthly highs recently. BTC touched $24,000 and ETH crossed the $1,750 mark. Amidst this mix was the Opti...
Tiffany & Co Secures 12M Profit From CryptoPunk NFT Collection
9 seconds ago | 2 mins read NFT News 250 limited-edition NFTs are introduced by Tiffany & Co. The price of the pendants is 30 ETH. Tiffany & Co., a high-end jewelry brand, introduces a Non-Fun...
Banks Used to Provide Relief From Inflation. Now They Profit Big
(Bloomberg) — The last time inflation burned hot, consumers could put money in the bank and watch it grow like the prices on store shelves, easing much of the pain. Most Read from Bloomberg Not ...
Tether to Hedge Funds Shorting USDT: Strategy Failed, ‘You Made no Profit’
Tether, issuers of the USDT stablecoin, criticized hedge funds for shorting the cryptocurrency saying that the bearish bets have failed to pay off and are not worth the huge amount of fees brought on ...
As Tezos [XTZ] pushes past $1.66, bulls can consider these levels to book a profit
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Tezos [XTZ] has performed decently well over the ...
P&G CEO says ‘things are good’ even though profit missed estimates
Shares of Procter & Gamble Co (NYSE: PG) are down about 6.0% on Friday after the consumer goods company weaker-than-expected profit for its fiscal fourth quarter. Highlights from CEO’s interview o...
Exxon Mobil Stock Surges After Energy Giant Drills to Record Profit
Text size PHOTOCAP Dean Mouhtaropoulos/Getty Images Soaring energy prices and increased production helped Exxon Mobil shatter its previous record for quarterly profit as the oil and gas giant posted e...
Bitcoin [BTC] traders taking profit can swear by these metrics
The crypto market saw some resurgence between 27 July and 28 July. Bitcoin [BTC] was vital to the tremendous price uptick as the market crossed the $1.05 trillion market cap per CoinMarketCap. The mar...
Shell Posts Record Quarterly Profit of $11.5 Billion. Exxon and Chevron Are Next.
Text size Shell also announced plans to buy back a further $6 billion of shares. Getty Images Shell , the United Kingdom–domiciled energy giant, posted record quarterly earnings Thursday a day before ...
These Companies Stand to Profit The Most From Interest Rate Hikes
The Fed raised rates in the U.S. multiple times in 2022, including this week’s 0.75% increase. Recent history shows that raising rates is nothing new; however, long-term analysis shows the histo...
Shell Posts Record Quarterly Profit on Soaring Energy Prices
LONDON—Shell PLC reported a second consecutive record quarterly profit as the oil major benefited from soaring global energy prices and a continued rebound in the global economy. The London-based comp...
Exxon, Chevron earnings preview: Oil giants under the microscope as profit booms
Exxon Mobil Corp. and Chevron Corp. are scheduled to report second-quarter earnings on Friday before the bell as their booming profits and revenue remain under increased scrutiny and rising costs and ...
Deutsche Bank beats expectations to post eighth straight quarter of profit
Deutsche Bank beat market expectations to post an eighth straight quarter of profit on Wednesday, recording a second-quarter net income of 1.046 billion euros ($1.06 billion). The German lender exceed...
Ethereum address record in profit
Glassnode, a well-known crypto data tracking company, has recorded a new all-time high in Ethereum addresses in profit. Ethereum addresses celebrate being back in positive territory The rises of Ether...
Walmart’s slashed profit outlook sends consumer health warning
Shares of retailers including Macy’s, American Eagle and Amazon fell Tuesday, a day after Walmart slashed its profit forecast and warned that surging prices for food and gas are squeezing consum...
S&P 500 Falls Over 1% After Walmart’s Profit Warning, Consumer Confidence Tumbles
Topline The stock market fell on Tuesday, with retail stocks leading declines after Walmart slashed its profit outlook for the rest of the year and warned that high inflation is having an impact on co...
Walmart slashes profit outlook – shares plummet almost 10% after-hours
On Monday, July 25, in the extended trading session, shares of Walmart (NYSE: WMT) dropped by 9.86% in after-hours trading, following a guidance cut caused by inventory issues and inflation concerns. ...
Tesla Sells Bitcoin for $64M Profit, Still Posts $170M Impairment Loss
For accounting purposes, Tesla must value its bitcoin at its lowest point during a quarter Tesla sold 75% of its BTC but Elon Musk said it’s open to buying more Plunging bitcoin prices have forced Tes...
Tesla reports $64M profit from Bitcoin sale
Tesla’s decision to offload most of its Bitcoin (BTC) treasuries netted the company a hefty profit in the second quarter, even as crypto prices plunged into a bear market. In the first six months of 2...
Bitcoin Addresses In Profit Falls Below 50%
The price of bitcoin has been fluctuating in the last week. Mainly the price has been growing, reaching one-month highs in the process. However, as the month of July is drawing to a close, bitcoin has...
Walmart Tumbles as Discounts Spur New Cut to Profit Forecast
(Bloomberg) — Walmart Inc. cut its profit outlook again in a surprise warning weeks ahead of its earnings report, sending retailer shares tumbling and raising new questions about US consumers’ a...
Walmart Shares Plunge Nearly 10% After Company Warns Of Profit Slowdown Due To Inflation
Topline Shares of Walmart fell nearly 10% in after-hours trading on Monday after the company slashed its profit outlook for the second quarter and rest of the year, warning that high inflation is havi...
Walmart cuts profit guidance as it sees slower growth due to inflation
Walmart on Monday cut its quarterly and full-year profit guidance, saying inflation was changing how its customers spend. The big-box retailer said it now expects same-store sales to rise by about 6% ...
Newmont stock drops after profit miss, as costs jump 33% while sales slip
Shares of Newmont Corp. NEM, -1.34% dropped 2.5% toward a more than two-year low in premarket trading Monday, after the gold miner reported second-quarter profit that fell well short of expectations, ...
The Fed’s next rate hike could be huge. One simple way to profit from it
Some pros are speculating that the Fed could raise interest rates 1% at their July 26 meeting. Getty Images/iStockphoto Experts predict that the Federal Reserve will raise rates at their July 26 meeti...
BTC investors should read these ‘whaling’ signs before taking profit
Bitcoin, the largest cryptocurrency has continued to counter the selling pressure. The king coin witnessed heavy liquidations or outflows but managed to stay afloat above the $22k level. Well, mainly ...
How ApeCoin [APE] traders can make profit out of this divergence
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. The extended pulldown from ApeCoin’s [APE] all-time high (ATH) fi...
Amazon Is Expected to Post Slim Profit as It Manages Slower Demand
Amazon Inc. is expected on Thursday to report a modest quarterly profit on a meager rise in sales, as the tech-and-retail company continues to work through the overhang from its breakneck growth durin...