Tesla Reports Falling Profit
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South Korean battery firm LG Energy Solution's operating profit more than doubled in the second quarter, driven by front-loaded demand as some customers stockpiled batteries ahead of potential U.S. tariffs,
The brewer, which owns the Samuel Adams and Truly brands, estimated that tariffs will pose an unfavorable effect on costs of approximately $15 million to $20 million for the full year.
Wall Street investors punished Southwest for chopping its 2025 profit outlook by up to 65%, as the carrier’s executives implement changes driven by its activist investor.
Shares in Becle , the world's largest tequila producer, surged over 7% on Thursday after it reported a quadrupling in its second-quarter profit despite shrinking demand, and as executives indicated signs of recovery in the company's main markets.
General Motors’ profit and revenue declined in its second-quarter but the automaker’s results managed to easily top Wall Street’s expectations and the company stuck by its full-year financial outlook that it lowered in May.
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Automaker General Motors posted a 12% sales gain through the first half of year while working to mitigate the effects of President Donald Trump's tariffs.
Newmont surpassed Wall Street expectations for second-quarter profit as the world's top gold miner benefited from a rally in bullion prices, sending its shares 4% higher in extended trading on Thursday.