Tag: profit
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Germany news: Deutsche Bahn reportedly returns to profit
Rail operator Deutsche Bahn has reportedly returned to profit for the first time in years, helped by rising demand. Meanwhile, a court is set to make a ruling on the forwarding of private WhatsApp messages. DW has more.
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Panasonic’s battery unit posts sharp rise in Q1 operating profit
TOKYO, July 30 : Japan’s Panasonic Holdings said on Thursday operating profit at its energy unit, which makes electric-vehicle and data-centre batteries, saw double-digit growth in the first quarter, boosted by higher sales of energy storage systems.The profit for the key business posted a 28 per cent rise to
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SK Innovation swings to Q2 profit, tops estimates as refining rebounds
SEOUL, July 30 : SK Innovation, the owner of South Korea’s top refiner SK Energy, posted an operating profit of 3.5 trillion won ($2.44 billion) for the April-June period, swinging to profit from a 402 billion won loss a year earlier. The result compared with an LSEG SmartEstimate forecast of 1.3 trillion won
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Robinhood quarterly profit rises on strong trading activity
July 29 : Robinhood Markets posted a rise in second-quarter profit on Wednesday, as volatility in the markets spurred higher trading activity on its platform.The Menlo Park, California-based company’s profit was $573 million, or 62 cents per share, for the three months ended June 30, compared with $386 millio
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SoFi’s unchanged profit forecast tempers record quarter, revenue outlook lift
July 29 : SoFi’s unchanged 2026 profit outlook on Wednesday overshadowed a raise in the fintech’s revenue growth forecast that topped Wall Street expectations and a market-beating second quarter, sending its shares down 9 per cent in early trading.Investors have grown less willing to reward growth alone, and
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SK hynix posts 1,200% net profit boost on AI chip boom
SEOUL: South Korea’s SK hynix said on Wednesday (Jul 29) that second-quarter net profit soared a whopping 1,242 per cent year-on-year, driven by the artificial intelligence industry’s explosive demand for its advanced memory chips.SK hynix is a specialist supplier of high-bandwidth memory chips to US industry
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Nokia Q2 profit beat as sales from AI, cloud doubled
STOCKHOLM, July 23 : Nokia reported a bigger than expected rise in its quarterly comparable operating profit on Thursday, as the Finnish telecom gear maker got a boost from artificial intelligence and cloud customers, and expects the growth to continue.Comparable operating profit jumped 18 per cent to 434 mil
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UK’s Playtech forecasts 2026 profit beat on strong US, Latam growth
July 9 : UK gaming firm Playtech on Thursday forecast 2026 adjusted core profit above market expectations, after strong growth in the United States and Latin America boosted first-half earnings.Shares surged nearly 19 per cent to 375.60 pence by 0750 GMT.Here are some more details:• Playtech e
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Samsung Electronics sees record preliminary 2Q profit but shares fall
Skip NavigationMarketsBusinessInvestingTechPoliticsVideoWatchlistInvesting ClubPROLivestreamMenuThe Samsung exhibition stand features the prominent ”A new era of mobile agentic AI” slogan by the South Korean company Samsung Electronics.Joan Cros
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Electronics firm Jabil raises annual profit forecast on strong data center demand
June 17 : Jabil raised its 2026 profit forecast on Wednesday, as the electronic-component maker looks to capitalize on AI-led demand for data centers, sending its shares up by more than 10 per cent in morning trading. A surge in data-center infrastructure spending, driven by strong demand for AI computing pow
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