HSBC's pretax profit dropped 26% in the first half, signaling challenges ahead for CEO Elhedery as losses mount in China. The bank restructures to adapt to changing markets amid a struggling property sector.
UnitedHealth Group faces a crisis with a cyberattack, federal investigations, and a leadership change. Can new CEO Stephen Hemsley restore investor confidence and improve profits?
Tesla's recent earnings call raised eyebrows as CEO Elon Musk focused on future AI and robotics ambitions while ignoring declining car sales and profits. With analysts divided, what's next for Tesla?
The second-quarter earnings season has kicked off with impressive corporate profits driven by consumer strength, but the stock market's muted response raises concerns about investor expectations. Despite a stellar 94.4% earnings beat rate in financials, stocks remain stagnant.
Chip stocks are on the rise following TSMC's record quarterly profit, while PepsiCo forecasts a smaller decline in annual core profit. June retail sales also show a surprising uptick, signaling strong consumer confidence.
Despite initial fears of a recession, U.S. banks are experiencing a remarkable financial boom, with profits soaring and consumer spending remaining strong. Explore how market dynamics are shifting in favor of financial firms.
Bank of America posted mixed results for Q2, with earnings beating estimates at 89 cents per share but revenue missing expectations, leading to questions about future growth amid changing interest rates.
Samsung's TM Roh reveals a surprising strategy: the company is willing to absorb costs on its new foldable smartphones to boost shipments. Despite rising production expenses, Samsung is keeping prices down to enhance market penetration, especially against Huawei's growing dominance.
Lower U.S. Treasury yields are fueling a surge in risk assets, despite new tariffs announced by Trump on 14 countries. Analysts weigh in on how this affects the stock market and corporate profits.
Donald Trump's aggressive push into the cryptocurrency sector raises serious ethical questions as he profits from his ventures while in office. Critics are alarmed by potential foreign influence and regulatory favoritism, igniting a political firestorm.
