The largest U.S. energy companies reported their lowest second-quarter profits in years, as tariffs have weighed on oil prices.
Category: Company Reports
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Apple Surprises Investors Worried That It Had Lost Its Touch
Despite recent criticism about its product outlook, the company reported strong sales of iPhones, Macs, iPads and services.
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Amazon Reports $18.2 Billion in Profit Amid Strong Retail Demand
Consumers spent more than expected on the e-commerce giant’s site, while margins tightened at the company’s all-important cloud computing division.
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Ford Is Latest Carmaker to Blame Tariffs for Profit Slump
The company estimated that duties on imported cars and car parts would cost it $2 billion this year.
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Mercedes and Porsche Squeezed by U.S. Tariffs and Slowdown in China
Germany’s leading luxury automakers are sharply scaling back expectations for the rest of the year.
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Starbucks Earnings Show Same-Store Sales Slid Amid Turnaround Effort
The C.E.O., Brian Niccol, said the coffee chain’s turnaround is in progress, and sales in China increased for first time in more than a year.
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Boeing Reports Strongest Revenue in Six Years
Although the aerospace company lost money in the second quarter, it built and sold more planes as it recovered from quality crises and a workers strike.
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UnitedHealth’s Profits Fall as Costs of Care Continue to Rise
In the latest quarter, higher costs were felt across the company’s vast health insurance operations.
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Tesla Expected to Report Falling Profit as Car Sales Fall
Elon Musk has said that robotaxis are the company’s future, but most revenue still comes from cars.
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Will the Trump’s Tariffs Spoil Earnings Season?
General Motors is the latest company to record a hit from the president’s trade war. But so far, investors remain upbeat.
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G.M. Profit Shrinks on Billion-Dollar Tariff Hit
General Motors was the second auto company this week, after Stellantis, to show the toll that President Trump’s trade policies are taking on the industry.
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Stellantis Says Profit Plunged as Tariffs Began to Bite
The company, which owns Jeep, Peugeot, Fiat and other brands, said it might soon have to begin raising prices.