“Our equity investments had a very strong return in the first quarter,
Alex Hungate wants people to think of the Southeast Asian startup as a data science company, not a ride-hailing and food delivery firm.
Chubb Limited has reported first quarter net income of $2.14 billion, up 13.3 per cent from the comparative period last year, as consolidated net premiums written of $12.2 billion represented a 14.1 p
Facebook-owner Meta on Wednesday said its quarterly profits soared last quarter as the company continues to see stellar ad growth across its family of world-leading social media apps. The company founded by Mark Zuckerberg said that net profit in the January to March period rose to $12.4 billion with total
Amazon reported another big jump in its advertising business, and has emerged as a key player in the digital ad market.
Deepwater driller Transocean flipped its first quarter performance from a
GM had a strong first quarter as year-over-year revenue rose by 8%. The impressive start pushed GM to raise their full-year guidance. While the company continues to ramp up electric vehicle production, they’re expecting a boost from new and updated ICE-powered vehicles such as the Equinox, Traverse, and Tahoe. General Motors has released their first-quarter results and it's good news for investors as the company reported revenues of $43 billion and $3 billion of net income attributable to...
Vinted, the popular online marketplace for second-hand fashion, has announced its first-ever annual profit. The milestone follows a strong 2023, reaching €596.3mn in revenue — a 61% increase compared to the previous year (€370.2mn). With an adjusted EBITDA at €76.6mn, Vinted turned a €20.4mn net loss in 2022 into a €17.8mn net profit in 2023. The startup attributes its profitability to significant growth, starting with increased penetration in existing markets and its expansion to...
Samsung Electronics on Tuesday said operating profit for the first quarter jumped as memory chip prices rebounded on the back of AI optimism.
This ends a six-quarter period where GDP growth remained at 2% or higher. But the decrease may not be a cause for concern at this point.
Deutsche Bank reported first-quarter earnings on Thursday.
CALGARY, Alberta — Canadian Pacific Kansas City’s first-quarter financial results reflected the progress the railway has made in the year since the Canadian Pacific-Kansas City Southern merger, executives said today. “One year into our historic combination, I am proud of what our dedicated family of railroaders has accomplished as we deliver on the benefits of []Read More