Tesla Profit Plunges in Latest Quarter
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Financial, Second Quarter
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Musk's electric vehicle maker posted the worst quarterly sales decline in more than a decade and profit that missed Wall Street targets, but its profit margin on making cars was better than many feared.
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Google’s AI push pays off with solid second quarter, but doubts about company’s future persist
Google’s accelerating shift into artificial intelligence helped propel its corporate parent to another quarter of solid growth while a crackdown on its internet empire looms in the background.
Spain's Repsol said on Thursday its second-quarter adjusted profit beat expectations despite a 175 million euro ($206 million) hit from a massive blackout in April and other smaller power-supply issues.
STMicroelectronics reported a second-quarter loss on Thursday, a performance that was worse than market expectations and hit by restructuring costs. The operating loss included a $190 million impairment,
Big oil companies are forecast to post their lowest quarterly profits in four years after geopolitics whipsawed prices and left some of their traders on the wrong side of the volatility.
Ratings agency Moody's reported a rise in second quarter profit on Wednesday, driven by robust gains in its data and analytics unit and an increase in government borrowing.