Saudi oil giant Aramco posts 5% dip in first-quarter earnings on weaker unrefined rates
Saudi Aramco's first-quarter net earnings fell 5% year-on-year amid lower oil costs and production. Source
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SoftBank Vision Funds swing to annual loss as financial investment gains sluggish by 40%
Softbank's Vision Fund company posted a loss in the ended March as it published slowing gains at…
Honda Motor reports 76% plunge in operating earnings in substantial incomes miss out on
Profits for the full financial year increased 6.2%, however operating earnings fell 12.2% and missed expectations. Source
German reinsurers took a $1.9 billion profit hit from LA wildfires in very first quarter
The wildfires, which devastated Los Angeles in January, resulted in claims worth almost $1.9 billion for two…
Cisco says CFO Scott Herren is leaving, company reports profits beat
Cisco went beyond price quotes for the most recent quarter and provided assistance that was also ahead…
Assassin’s Creed maker Ubisoft plunges 18% as outlook fails to impress
Ubisoft, which lags the “Assassin's Creed” franchise, said it sees net bookings for the current fiscal year…
Cava profits beats estimates as Mediterranean chain reports double-digit same-store sales growth
Other restaurant business have reported same-store sales declines and falling traffic as customers have actually pulled back…
Walmart CFO says rate walkings from tariffs could begin later this month, as seller beats on profits
Walmart beat first-quarter revenues expectations but missed on revenue, and its CFO said rate increases from President…
CoreWeave CEO safeguards capex strategies, states company is fulfilling ‘need signals’ from significant hyperscalers
The tenant of Nvidia-powered AI servers said it anticipates capex of $20 billion to $23 billion for…
CoreWeave beats on revenue, reports more than 400% growth in first profits after IPO
CoreWeave's profits growth slowed from the feverish rate in 2024, but is still benefiting from the artificial…