Tesla has offered low-interest loans and other incentives to try to revive sales, but these efforts have depressed the company’s profits. Tesla’s newest model, the Cybertruck pickup, has been a flop. The company sold 4,300 Cybertrucks in the second quarter, according to Cox Automotive, a 50 percent decline from a year earlier.

SK Hynix flagged plans to boost spending this year after posting on Thursday a record quarterly profit, as the Nvidia supplier seeks to alleviate investor concerns about slowing growth for artificial intelligence chipsets.

Tesla’s operating profit improved to 4.1% from 2.1% in the first quarter. Still, margins were down from 6.3% a year ago. Tesla delivered less cars in the second quarter of 2025, compared with the year-ago period,

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

Becle , the world's largest tequila producer, on Wednesday posted a four-fold rise in second-quarter profit compared with a year earlier, bolstered by foreign currency exchange gains even as thirst for its products dipped in its biggest markets.

One of New Mexico’s biggest non-profits helping the homeless is laying off employees in the face of major federal funding cuts. Hopeworks has been around for almost 40 years now and had about 70 employees until recently.

Verizon Communications helped lead the way and rose 4%. The telecom giant reported a stronger profit for the latest quarter than analysts expected, along with higher revenue than forecast. Following the better-than-expected performance, Verizon raised its forecasts for profit and other financial measures for the full year.

Australia's top investment bank, Macquarie Group , reported a decline in first-quarter net profit on Thursday and announced that Chief Financial Officer Alex Harvey will step down at the end of 2025.