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Alaska Air Group (NYSE: ALK) on Thursday reported mixed results for the second quarter of fiscal 2025, with revenues increasing and adjusted earnings declining year-over-year. The company reported earnings of $1.78 per share for the second quarter, adjusted for one-off items, compared $2.55 per share in the same period last year. On a reported basis, net … Read more
A worker performs a final check on new Volkswagen ID.3 electric cars at the Volkswagen plant on May 14, 2025 in Dresden, Germany. Sean Gallup | Getty Images News | Getty Images Germany’s Volkswagen on Friday lowered its full-year guidance and reported a sharp drop in second-quarter profit, as the auto giant navigates the disruptive impact of … Read more
An unwarranted post-earnings decline in Honeywell shares on Thursday presented a buying opportunity for new investors ahead of the conglomerate’s breakup into three publicly traded companies. Revenue in the second quarter ended June 30 rose 8.1% year over year to $10.35 billion, topping expectations of $10.07 billion, according to market data service LSEG. Organic sales … Read more
Elon Musk, during a news conference with President Donald Trump, inside the Oval Office at the White House in Washington on May 30, 2025. Tom Brenner | The Washington Post | Getty Images Tesla shares fell 6% in premarket trading on Thursday after the company reported a second straight quarter of declining automotive sales. Elon … Read more
On this episode of Fortune’s Leadership Next podcast, cohosts Diane Brady, executive editorial director of the Fortune CEO Initiative and Fortune Live Media, and editorial director Kristin Stoller talk to Gillian Zucker, the CEO of Halo Sports & Entertainment and president of business operations for the Los Angeles Clippers. They talk about the unique ways Zucker is … Read more
Oilfield service provider Halliburton Company (NYSE: HAL) on Tuesday reported a decline in earnings for the second quarter of fiscal 2025, reflecting a year-over-year decrease in revenues. Second-quarter revenue declined to $5.5 billion from $5.83 billion in the same period a year ago. That translated into a 31% year-over-year decrease in earnings to $0.55 per … Read more
Circle Internet Group Initial Public Offering at the New York Stock Exchange in New York City, U.S., June 5, 2025. NYSE Circle shares slid on Tuesday after the U.S. House of Representatives failed to clear a key procedural hurdle that would have teed up votes on long-awaited crypto-related bills. The move dealt a major setback … Read more
Key Takeaways The DOJ and CFTC have ended their investigations into the crypto-betting platform Polymarket. Polymarket may now seek official US re-entry through CFTC registration or acquisition of a licensed entity. Share this article The US Justice Department and Commodity Futures Trading Commission have ended their investigations into crypto-betting platform Polymarket, Bloomberg reported Tuesday, citing … Read more
Customers shop at a supermarket in Qingzhou City, East China’s Shandong Province, Aug 9, 2023. Costfoto | Nurphoto | Getty Images China’s producer prices plunged 3.6% in June from a year earlier, marking its largest decline in nearly two years, as a deepening price war rippled through the economy that’s already grappling with soft consumer … Read more
White House Senior Advisor Elon Musk walks to the White House after landing in Marine One on the South Lawn with U.S. President Donald Trump (not pictured) on March 9, 2025 in Washington, DC. Samuel Corum | Getty Images News | Getty Images Tesla shares fell in premarket trade on Monday after CEO Elon Musk … Read more
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