Profits | Euronews

English

Business

Netflix profit jumps as price hikes and user growth beat estimates

Netflix’s first quarter earnings again topped analysts’ expectations, thanks to its price hikes across the board and higher-than-expected subscription growth. The company appears to be sheltered from the global trade routs, with the stock significantly outperforming peers this year.

Business

TSMC: Profit jump and steady outlook cools investor concerns

Contract chipmaker Taiwan Semiconductor Manufacturing Company’s net income was up by 60% in the first quarter, boosted by strong AI demand.

Business

Nvidia expects $5.5bn revenue hit as US curbs chip exports to China

Nvidia shares have fallen more than 5% in after-hours trading after the US said the chipmaker would require a licence to sell H20 chips to China.

Business

ASML misses order expectations as CEO warns of economic uncertainty

ASML reported net bookings that significantly missed analysts’ expectations in the first quarter, although it maintained its guidance for 2025. CEO Christophe Fouquet highlighted uncertainties around the macro environment and downside risks to the company’s performance this year.

ADVERTISEMENT

Business

Financial giants JPMorgan Chase and Morgan Stanley see earnings jump

The robust earnings updates come as President Donald Trump’s tariffs have sent jitters through global markets this week.

Business

Rheinmetall sees profit jump as Europe prepares for military splurge

Germany’s Rheinmetall announces a 38% jump in net profit in 2024 and predicts a sales boost as Europe increases military capacity.

Business

Battery maker Northvolt files for bankruptcy in Sweden

Northvolt said it had faced “significant internal challenges in its ramp-up of production”.

Business

Volkswagen shares rise on outlook despite 2024 profit declining

Volkswagen AG concluded 2024 with lower operating results but slightly increased sales revenue. The carmaker presented its plans to navigate the challenges coming from the US and China, but they haven’t factored in tariffs for 2025.

Markets

DHL's shares soar 10% as it announces savings plan and job cuts

The German logistics company announced a cost-saving plan after a "challenging" year in 2024. However, investors applauded fourth-quarter results.

Business

Prada sales soar as it eyes Versace acquisition despite luxury crunch

Robust earnings place the brand in a stronger position to acquire Versace from Capri Holdings.

Markets

Rolls-Royce shares soar as jet maker announces buyback, fresh dividend

Performance had significantly improved in all core divisions, the British jet engine firm revealed in its annual financial report.

Business

Luxury carmaker Aston Martin to cut 170 jobs after another annual loss

Job losses are expected to save Aston Martin £25 million as it struggles with supply chain disruptions, inefficiencies, and weak Chinese demand.

Business

Shares soar in Just Eat Takeaway.com as Prosus announces acquisition

Prosus already holds stakes in food delivery operations in India, South America, and Southeast Asia.

Business

Airbus warns of delivery uncertainties but announces lift in revenue

The European planemaker offered up modest delivery targets but remains financially robust.

Business

Nike teams up with Kim Kardashian's SKIMS for new athleisure venture

Nike is looking to appeal to more female customers through the new brand, as offerings for men account for more than half its sales.

Business

Thyssenkrupp announces lower sales as shake-up plans proceed

Earnings increased despite weaker sales, thanks to the German firm’s efficiency drive. Meanwhile, Thyssenkrupp’s military-related units expect a boost from greater defence spending.

Business

Commerzbank to cut jobs and boost profits in bid to fend off UniCredit

The German bank is seeking to bolster its financial strength as Italy’s UniCredit vies for a takeover.

Business

Heineken shares climb as brewer announces strong profits and buyback

The Dutch brewer will buy back €1.5 billion of its shares over the next two years after recording better-than-expected revenue growth. Heineken nonetheless warned of "ongoing macro-economic challenges".

Business

Italy’s UniCredit beats profit estimate as it continues takeover drive

The bank reported higher-than-expected profit but forecasts a modest revenue slowdown in the year ahead as net interest income falls.

Markets

Ones to watch next week: Investors eye BP, BAT, Barclays and NatWest

Here's what investors are eyeing on the markets next week, according to investment platform AJ Bell.