Netflix posts profit and revenue gains as it limits popularity reporting to once a year, but shares slide after guidance miss Netflix posts quarterly revenue and profit growth but will …
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Alexander Zverev Falls Short in Grand Slam Final as Jannik Sinner Prevails Alexander Zverev missed a second Grand Slam title after a hard-fought final defeat to Jannik Sinner, a match …
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Business
Samsung posts record Q2 operating profit of €51 billion as shares tumble
by Leo Müllerby Leo MüllerSamsung Electronics posts record profit in Q2 as AI-driven chip boom lifts earnings Samsung Electronics record profit: Q2 operating profit hit 89.4 trillion won (~€51bn), driven by surging AI demand …
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Business
Wall Street stocks tumble after strong US jobs report raises rate concerns
by Leo Müllerby Leo MüllerUS jobs report sparks Wall Street sell-off as rate fears resurface Strong US jobs report reignites rate fears and triggers a Wall Street sell-off, with tech and semiconductors leading declines …
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Business
German automakers face 23% Q1 operating profit plunge as China sales tumble
by Leo Müllerby Leo MüllerGerman automakers profit slump deepens as Q1 revenues and operating profit slide, EY says EY analysis: German automakers’ Q1 profit slump deepens as revenue declines, China sales drop and electrification …
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Business
Oil prices tumble as Iran reopens Strait of Hormuz, strategist warns investors
by Leo Müllerby Leo MüllerStrait of Hormuz Reopening Sends Oil Down, Markets Rally; Strategist Warns Against Premature Optimism Iran’s announcement to reopen the Strait of Hormuz pushed oil sharply lower and stocks higher. Martin …