Revenue rose over 35% in the June quarter compared with the same period a year earlier, while operating profit jumped nearly 69%, year on year.
Blog
-
Tesla reports sales miss as auto revenue drops for second straight quarter
Tesla’s second-quarter earnings call comes as Elon Musk’s automaker tries to revitalize EV sales and turn its robotaxis into moneymakers.
-
Jim Cramer describes positive and negative forces that are shaping market action
CNBC’s Jim Cramer on Wednesday described a fraught market environment.
-
Musk warns ‘rough quarters’ ahead for Tesla after Trump cancels EV incentives
Electric-car maker reports 23% drop in profits as sales suffer amid greater competition and consumer backlash
-
Alphabet beats earnings expectations, raises spending forecast
The company increased its capital expenditures for 2025 by $10 billion due to “strong and growing demand for our Cloud products and services.”
-
IBM shares drop as software revenue misses
IBM delivered stronger earnings and income than expected and raised its forecast for full-year free cash flow. But software revenue was a bit light.
-
Chipotle stock tumbles 9% after chain cuts same-store sales forecast
Shares of Chipotle have fallen 13% this year, dragging its market cap down to $71.1 billion.
-
Keir Starmer and Narendra Modi to sign UK-India trade deal
Tariffs on more than 90% of British exports to Asian country will be cut, including cosmetics, clothes, food and drink