#profit

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#ai-investment

SoftBank is betting on AI and an IPO revival after swinging to a $7.7 billion profit

SoftBank posted a $7.7 billion profit by leveraging AI investments and favorable market conditions after a significant loss last year.

Google parent Alphabet announces first-ever dividend, shares soar By Reuters

Alphabet announced first-ever dividend and stock buyback, driving stock up 16%, focusing on AI investment and beating expectations in sales and profit.

SoftBank is betting on AI and an IPO revival after swinging to a $7.7 billion profit

SoftBank posted a $7.7 billion profit by leveraging AI investments and favorable market conditions after a significant loss last year.

Google parent Alphabet announces first-ever dividend, shares soar By Reuters

Alphabet announced first-ever dividend and stock buyback, driving stock up 16%, focusing on AI investment and beating expectations in sales and profit.
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#tether

Tether Reports $2.5B Profit in Q3, Holds Over $100B of U.S. Treasuries

Tether reported $2.5 billion in Q3 profits, totaling $7.7 billion year-to-date, driven by U.S. Treasury yields and rising gold prices.

Tether Nets $5B Profits This Year, Says Its US Debt Holdings Surpassed Germany's

Tether reported $5.2 billion profits in H1 2024 and holds $97.6 billion US debt surpassing countries like Germany.

Tether's Audit Report Reveals Over $2.8 Billion in Bitcoin Holdings

Tether, the leading stablecoin issuer, has over $2.8 billion in Bitcoin holdings.
Tether achieved a profit of $6.2 billion in 2023.

Tether Reports $2.5B Profit in Q3, Holds Over $100B of U.S. Treasuries

Tether reported $2.5 billion in Q3 profits, totaling $7.7 billion year-to-date, driven by U.S. Treasury yields and rising gold prices.

Tether Nets $5B Profits This Year, Says Its US Debt Holdings Surpassed Germany's

Tether reported $5.2 billion profits in H1 2024 and holds $97.6 billion US debt surpassing countries like Germany.

Tether's Audit Report Reveals Over $2.8 Billion in Bitcoin Holdings

Tether, the leading stablecoin issuer, has over $2.8 billion in Bitcoin holdings.
Tether achieved a profit of $6.2 billion in 2023.
moretether
#reddit

Reddit is profitable for the first time ever, with nearly 100 million daily users

Reddit became profitable for the first time, reporting $29.9 million in profit amid significant user growth and revenue increase.

Reddit's explosive user growth and AI tools help it record first-ever profit

Reddit has achieved its first profit in 20 years, highlighting significant growth and user engagement.

Reddit reports first profitable quarter in 19-year history

Reddit posted its first-ever profit of $29.9 million in Q3 2023, marking a significant turnaround after prior losses.

Reddit is profitable for the first time ever, with nearly 100 million daily users

Reddit became profitable for the first time, reporting $29.9 million in profit amid significant user growth and revenue increase.

Reddit's explosive user growth and AI tools help it record first-ever profit

Reddit has achieved its first profit in 20 years, highlighting significant growth and user engagement.

Reddit reports first profitable quarter in 19-year history

Reddit posted its first-ever profit of $29.9 million in Q3 2023, marking a significant turnaround after prior losses.
morereddit

Deliveroo CEO Will Shu sells 15m worth of shares after company's first profit

Will Shu's share sale indicates a strategic move towards personal investments despite delivering positive profit results for Deliveroo.

No Laughing Matter! Ellen DeGeneres Sells Cliffside L.A. Megamansion for $96M-and Makes a Huge Profit

Ellen DeGeneres has sold her Carpinteria estate for $96 million, making a $26 million profit.
from www.fourfourtwo.com
3 months ago

Manchester City set to sell key first-teamer for massive 500% profit as fee agreed

Manchester City is considering transferring striker Julian Alvarez to Atletico Madrid, potentially bringing a substantial profit.
#premier-league

Change needed to 'protect' academy players - Maresca

Financial rules in the Premier League force clubs to sell academy players for profit, impacting fan connection and squad restructuring.

Barca, Chelsea and Arsenal lost most on transfers

Barcelona, Chelsea, and Arsenal have lost the most money through player transfers in world football over the last decade.
Lille made the most profit among clubs, while six Premier League clubs feature in the top 10 for losses.

Change needed to 'protect' academy players - Maresca

Financial rules in the Premier League force clubs to sell academy players for profit, impacting fan connection and squad restructuring.

Barca, Chelsea and Arsenal lost most on transfers

Barcelona, Chelsea, and Arsenal have lost the most money through player transfers in world football over the last decade.
Lille made the most profit among clubs, while six Premier League clubs feature in the top 10 for losses.
morepremier-league

Sygnum's First-Half Spot Crypto Trading Doubles, Derivatives Increase 500%

Crypto trading led Sygnum Bank to its first half-yearly profit.
#transfer

'Good business' - Leeds told to offload striker to Premier League club

Leeds United could profit from selling Wilfried Gnonto to Everton.

Chelsea set out 35m demand for player attracting Premier League transfer interest

Chelsea are willing to let Armando Broja leave on loan with a potential permanent sale option.
Broja has interest from Wolves and Fulham, and Chelsea hope to make profit from his sale.

'Good business' - Leeds told to offload striker to Premier League club

Leeds United could profit from selling Wilfried Gnonto to Everton.

Chelsea set out 35m demand for player attracting Premier League transfer interest

Chelsea are willing to let Armando Broja leave on loan with a potential permanent sale option.
Broja has interest from Wolves and Fulham, and Chelsea hope to make profit from his sale.
moretransfer
#revenue-growth

Alphabet Reports a 29% Jump in Profit

Google's parent company Alphabet reported strong revenue growth despite a setback with failed acquisition.

Amazon Reports $143.3 Billion in Revenue for First Quarter of 2024

Amazon reported highest Q1 profit, focusing on retail efficiencies and cloud computing growth.

Alphabet Reports a 29% Jump in Profit

Google's parent company Alphabet reported strong revenue growth despite a setback with failed acquisition.

Amazon Reports $143.3 Billion in Revenue for First Quarter of 2024

Amazon reported highest Q1 profit, focusing on retail efficiencies and cloud computing growth.
morerevenue-growth

Big East Bay apartment complex is bought for more than $50 million

A veteran real estate firm, Hines, purchased The Rise Walnut Creek apartment complex for over $50 million, indicating a profit for the developer, Rescore Property.

Shell's bumper 6.1bn profits sparks anger from climate campaigners

Shell reported better profits, but faces criticism over its commitment to climate change and renewable energy.
#earnings

BMO raises dividend, even as profits slump and loan loss provisions increase | CBC News

BMO Financial Group raised its dividend to $1.51 per share from $1.47 per share.
BMO's fourth-quarter profit fell to $1.62 billion, down from $4.48 billion a year ago.

The Drum's Daily Briefing: Netflix will stop reporting subs, Hyundai pauses on X

Netflix reported a significant increase in customers and profit in Q1 but will stop sharing 'key subscriber numbers' from 2025.

Baidu financials improve on AI-driven upgrades

Baidu's core business delivered solid revenue and profit during Q3 despite a challenging macroeconomic environment impacting its online marketing and AI cloud businesses.
Baidu strengthened operational efficiency and maintained stable margins by upgrading its product portfolio using generative AI.
Net profit increased 28% year-on-year to CNY6.7 billion ($940 million) and revenue increased 6% to CNY34.4 billion.

BMO raises dividend, even as profits slump and loan loss provisions increase | CBC News

BMO Financial Group raised its dividend to $1.51 per share from $1.47 per share.
BMO's fourth-quarter profit fell to $1.62 billion, down from $4.48 billion a year ago.

The Drum's Daily Briefing: Netflix will stop reporting subs, Hyundai pauses on X

Netflix reported a significant increase in customers and profit in Q1 but will stop sharing 'key subscriber numbers' from 2025.

Baidu financials improve on AI-driven upgrades

Baidu's core business delivered solid revenue and profit during Q3 despite a challenging macroeconomic environment impacting its online marketing and AI cloud businesses.
Baidu strengthened operational efficiency and maintained stable margins by upgrading its product portfolio using generative AI.
Net profit increased 28% year-on-year to CNY6.7 billion ($940 million) and revenue increased 6% to CNY34.4 billion.
moreearnings

Joe Biden proves he's a hypocrite as money keeps pouring in

President Joe Biden criticized millionaires for not paying their fair share but minimized his taxes when making millions.
Special Counsel's report reveals Biden's financial motives, including sharing classified information for profit.

Husband Who Violated Wife's Confidence, Ruined Her Life Really Hoped She Wouldn't Do The Same To Him

Employers want employees back in the office for various legitimate reasons, including avoiding potential insider trading incidents.
Tyler Loudon made a substantial profit by overhearing insider information while his wife worked from home, leading to legal consequences.

Coinbase stock price is surging today after Bitcoin ETFs boosted quarterly results

Shares of Coinbase are up over 12% after the company reported its first profit in two years.
The increase in Coinbase's Q4 revenue was driven by excitement around Bitcoin spot ETF approvals and expectations of improving macroeconomic conditions.
#bitcoin

BTC Supply in Profit Nears 90% as Price Rallies on Expected Bitcoin ETF Approval

Nearly 90% of bitcoin supply being held is in profit
High unrealized profits raise the risks of a sharp price decline

Michael Saylor's MicroStrategy Bitcoin Bet Tops $4B in Profit

MicroStrategy's bitcoin holdings have surpassed $10 billion, with a profit of over $4 billion.
Bitcoin's price rally and the listing of spot bitcoin ETFs have contributed to MicroStrategy's increasing profits.

BTC Supply in Profit Nears 90% as Price Rallies on Expected Bitcoin ETF Approval

Nearly 90% of bitcoin supply being held is in profit
High unrealized profits raise the risks of a sharp price decline

Michael Saylor's MicroStrategy Bitcoin Bet Tops $4B in Profit

MicroStrategy's bitcoin holdings have surpassed $10 billion, with a profit of over $4 billion.
Bitcoin's price rally and the listing of spot bitcoin ETFs have contributed to MicroStrategy's increasing profits.
morebitcoin

Microsoft has its iPhone moment: The tech giant is now worth $3 trillion

Microsoft's value has surpassed $3 trillion, making it the most valuable company on the stock market.
The company's record profits in the second quarter were driven by its cloud services.

Tui delivers record results in run-up to potential London exit

Tui reported a surprise profit and record revenues in the Christmas quarter.
Tui's executive and supervisory board has recommended that shareholders vote in favor of delisting the company from the London Stock Exchange and focusing on a single listing in Germany.
#revenue

Alphabet's Search Revenue Disappoints in Fourth Quarter

Alphabet's search revenue and profit margin fell short of expectations in Q4 due to growing investment in AI.
The company reported a 13% increase in quarterly sales, beating estimates.
Alphabet has conducted layoffs but has also been on a hiring spree during the pandemic.

Meta Reports Profits More Than Tripled and Issues Its First Dividend

Meta reported a 25 percent increase in quarterly revenue and a tripled profit, driven by its ads business.
Meta plans to issue its first dividend and authorized $50 billion in share buybacks, while making heavy investments in capital infrastructure.

AI is going to save software companies' dreams of growth | TechCrunch

AI-powered software products will boost the TAM for technology products and reaccelerate growth at tech companies.
The market is willing to accept that software imbued with new AI capabilities will cost more, widening the TAM of software companies.

JD.com Beats Estimates With Quarterly Profit, Revenue Gains

JD.com beats analyst estimates for Q3 profit and revenue.
Net profit in Q3 rose 33% to 7.94 billion yuan ($1.09 billion).

Alphabet's Search Revenue Disappoints in Fourth Quarter

Alphabet's search revenue and profit margin fell short of expectations in Q4 due to growing investment in AI.
The company reported a 13% increase in quarterly sales, beating estimates.
Alphabet has conducted layoffs but has also been on a hiring spree during the pandemic.

Meta Reports Profits More Than Tripled and Issues Its First Dividend

Meta reported a 25 percent increase in quarterly revenue and a tripled profit, driven by its ads business.
Meta plans to issue its first dividend and authorized $50 billion in share buybacks, while making heavy investments in capital infrastructure.

AI is going to save software companies' dreams of growth | TechCrunch

AI-powered software products will boost the TAM for technology products and reaccelerate growth at tech companies.
The market is willing to accept that software imbued with new AI capabilities will cost more, widening the TAM of software companies.

JD.com Beats Estimates With Quarterly Profit, Revenue Gains

JD.com beats analyst estimates for Q3 profit and revenue.
Net profit in Q3 rose 33% to 7.94 billion yuan ($1.09 billion).
morerevenue
#competition

Tesla Profit Doubles From Tax Effect, but Price Cuts Hurt

Tesla's profit more than doubled in Q4 of 2023 compared to the previous year, mainly due to a tax benefit.
Profit from car sales slumped as Tesla cut prices to compete with rival automakers.

Dutch neobank bunq eyes UK expansion, 3 years after Brexit ousting

Dutch neobank bunq has reported its first full year of profit, making €53.1mn in net profit in 2023.
Bunq has submitted its application for an E-Money Institution (EMI) license in the UK, aiming to relaunch its services in the country.

Tesla Profit Doubles From Tax Effect, but Price Cuts Hurt

Tesla's profit more than doubled in Q4 of 2023 compared to the previous year, mainly due to a tax benefit.
Profit from car sales slumped as Tesla cut prices to compete with rival automakers.

Dutch neobank bunq eyes UK expansion, 3 years after Brexit ousting

Dutch neobank bunq has reported its first full year of profit, making €53.1mn in net profit in 2023.
Bunq has submitted its application for an E-Money Institution (EMI) license in the UK, aiming to relaunch its services in the country.
morecompetition

G.M. Profits Hurt by Unsold Electric Vehicles and Strike

General Motors' Q4 2023 profit was affected by losses from unsold electric vehicles and a 40-day strike at its U.S. plants.
The company expects uncertain demand for electric vehicles and the overall health of the auto industry in the coming year.

Mayor Brandon Johnson's 'better deal' with NASCAR is a handshake agreement to pay city an extra $2 million

The city of Chicago spent at least $3.5 million on the NASCAR race, but only received $620,000 in return.
NASCAR has made a verbal commitment to chip in an extra $2 million payment this year and next to help the city turn a profit.

How a 'stock market' approach can help you profit off NBA Futures

You don't always have to win your bet to make a profit.
Cashing out early can be a way to secure a guaranteed profit even if your bet doesn't win.

Outpace Competitors in 2024 with Fresh Niche Growth Tactics | Entrepreneur

Businesses that engage with niche markets experience increased profits, sales, and competitiveness.
Finding a niche market with potential for growth requires evaluating market demand and ensuring it is not too small to be profitable.

David Beckham scores bumper year but Victoria's label needs cash injections

David Beckham's business has had a successful year with revenues more than doubling to 72.6m, but pre-tax profits fell due to increased expenses.
Victoria Beckham's fashion and beauty empire continues to require cash injections from shareholders.

And the winners of the 2023 awards for worst customer service are

These are troubling times for big business.
Traders, fighting for survival, need to focus on money.

3 Stocks to Buy for 2024 That Are Practically Money Machines | The Motley Fool

Follow the money.There's a lot of investing wisdom packed into those three words.

Michelle Mone admits she lied and stands to benefit from 60m PPE contract profit

Baroness Mone admits to lying about her links to a company involved in a PPE contract and stands to benefit from 60 million in profit.
She claims she and her husband have been made scapegoats and denies any wrongdoing.

Matching Milbank Is Incredibly Affordable... Don't Believe Anyone Suggesting It's Not.

Law firms are facing criticism for not matching Milbank's $10,000 base compensation increase for associates.
The cost of a match for firms like Cravath and Davis Polk is relatively small compared to their revenue.
Biglaw firms have the financial means to raise associate salaries without significant impact on partner profits.

How the Kennedy assassination helped make network TV news wealthy

Negative news is profitable for journalists and media companies.
The assassination of JFK demonstrated the link between negative news and high ratings and profits.

Sage share's climb and underlying profit jumps

Sage's shares climbed 10.3% after posting strong profit and revenue growth.
Sage's underlying operating profits rose 18% and margins increased by 20.9%.
Sage expects further growth in 2024 by efficiently scaling up their business.

Nvidia's Sales Surge, With No End In Sight for AI Boom

Sales reached a record and exceeded expectations in Nvidia's latest fiscal quarter.
Profit for Nvidia also increased significantly compared to the previous year.

Cash Flow vs. Profit: Differences, Formulas, and Tips (2024) - Shopify

Cash flow and profit are interrelated but distinct concepts crucial for understanding a company's financial health.
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