Huawei’s revenue stabilized in 2022 as the company diversified into new areas like cloud computing and automotive technology. But its profit plunged as pressure from U.S. sanctions and China’s pandemic…
Tag: profit
Revenue vs. Profit: What’s the Difference?
Understanding the difference between revenue and profit is essential in understanding basic and complicated economics. Even if you don’t know exactly what these terms mean, you’ve heard the words in…
Three Better Ways To Put Profit Probabilities In Your Favor With A POWR Pairs Approach
Managing pairs trade the POWR Options way will likely manage to increase the probability of profit. We have discussed in several previous articles the benefits of a pairs trade approach.…
JD stock rises after profit beat and dividend initiated, while revenue comes up shy
The U.S.-listed shares of JD.com Inc. JD, +0.88% rose 1.0% in premarket trading Thursday, after the China-based ecommerce company beat fourth-quarter profit expectations and initiated a dividend, but missed revenue…
Auto giant Stellantis posts record annual profit, announces buyback
An engine undergoes assembly at the Stellantis Dundee Engine Complex on August 18, 2022 in Dundee, Michigan. Bill Pugliano | Getty Images Carmaker Stellantis on Wednesday announced record full-year results,…
Palantir Jumps After Projecting First Annual Profit in 2023
(Bloomberg) — Palantir Technologies Inc., the data analysis company co-founded by Peter Thiel, said it was profitable for the first time in the fourth quarter, and expects 2023 to be…
Stablecoin giant Tether records surprise $700 million profit
Tether previously claimed its stablecoin was backed 1-to-1 by U.S. dollars. Justin Tallis | Afp | Getty Images Tether on Thursday published its latest quarterly financials, with the world’s top…
Hertz (HTZ) Q4 2022 profit beats Wall Street estimates
Rental car giant Hertz reported fourth-quarter earnings that were better than Wall Street expected, on renewed demand for travel as the Covid-19 pandemic eased in many parts of the world.…
Shares slip despite profit beat
A statue is pictured next to the logo of Germany’s Deutsche Bank in Frankfurt, Germany, September 30, 2016. Kai Pfaffenbach | Reuter Deutsche Bank on Thursday reported its 10th straight…
Penn sports betting business posts fourth quarter profit
In this photo illustration, the Penn Entertainment logo is displayed on a smartphone mobile screen. Rafael Henrique | SOPA Images | Lightrocket | Getty Images Penn Entertainment on Thursday became…