The company said it added 280,000 digital subscribers in the second quarter.
Category: Company Reports
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The New York Times’ Revenue Rises 11%
The New York Times – Business: -
Disney Theme Parks Report Strong Results, While Comcast’s Universal Parks Dip
The New York Times – Travel:Theme parks have long been seen as a bellwether for consumer confidence. Disney’s domestic parks and cruises revenue rose 11 percent in the latest quarter.
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S&P 500 Hits Record High as Stock Market Worries About Iran and AI Ease
The New York Times – Business:The S&P 500 rose 1.8 percent, pushing past its previous peak at the start of June and capping a big turnaround from a recent sell off in technology stocks.
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SpaceX’s Spending on A.I. Soars, In First Results After I.P.O.
The New York Times – Business:Elon Musk’s rocket company said its capital expenditures jumped nearly seven times from a year ago. Revenue also rose.
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McDonald’s U.S. Sales Slow as Consumers Spend More Cautiously
The New York Times – Business:The fast-food giant named a new president of its U.S. operations, aiming to bring “focus and urgency” to a revamp of its outlets.
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Oil Giant Saudi Aramco Reports 33% Profit Surge, Despite Iran War Disruptions
The New York Times – Business:Higher oil prices propelled a quarterly earnings jump for Saudi Arabia’s energy giant, which used pipelines to work around disruptions in the Strait of Hormuz.
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Saudi Aramco Reports 33% Profit Surge Despite War’s Disruption
The New York Times – Business:Higher oil prices propelled a quarterly earnings jump for Saudi Arabia’s energy giant, which used pipelines to work around disruptions in the Strait of Hormuz.
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SpaceX’s Stock Lockup Is Expiring. Prepare for a Bumpy Ride.
The New York Times – Business:On Thursday, employees and other insiders at Elon Musk’s rocket company will be released from their first stock “lockup” and can start selling some of their shares.
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Iran War Drives Oil Profits to Highest Levels in Years
The New York Times – Business:The world’s biggest oil companies are benefiting from the high commodity prices that have been a drag on the rest of the economy.
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South Korea’s Memory Chip Giant Defies A.I. Market Jitters
The New York Times – Business:SK Hynix, a leading memory chipmaker, reported stratospheric sales and profits on Wednesday. But it was not enough to calm skittish investors.
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Samsung Made More Profit Last Quarter Than the Last Two Years Combined
The New York Times – Business:The A.I. boom has propelled the South Korean tech giant’s earnings, but its shares sank as investors had even loftier expectations.
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Tesla Sales Surge as Sales Recover in Europe
The New York Times – Business:Price cuts helped the electric automaker rebound in Europe in the second quarter, offsetting declines in the United States.