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Business

AT&T Surpasses Expectations with a 2% Revenue Increase to $30.6 Billion in Q1 2025

AT&T Inc. announced a 2% revenue increase to $30.6 billion in Q1 2025, with net income rising to $4.7 billion. CEO John Stankey highlights the company's focus on reliable connectiv...

Business

Philip Morris International Surges with a 24.6% Jump in Q1 EPS to $1.72 Amid Global Economic Uncertainty

Philip Morris International reports a significant 24.6% increase in Q1 EPS to $1.72, with net revenue up by 5.8% to $9.3 billion. The smoke-free segment grows by 15%, contributing ...

Business

Volvo Faces 7% Sales Drop in Q1 2025 Amid Rising Global Tariff Uncertainties

Volvo Group's Q1 2025 sales fell by 7% to SEK 121.8 billion amid tariff uncertainties, with auto sales dropping 9%. Despite this, operating profit stood at SEK 13.2 billion, with a...

Business

Volkswagen Announces Strategic Production Adjustments in China Amid Fierce Market Competition

Volkswagen Group CEO Oliver Blume announces production adjustments in China due to intense market competition, drawing parallels to past restructuring in Germany. The company also ...

Business

Nissan Announces $1.4 Billion Investment to Revitalize Its Presence in the Chinese Auto Market

Nissan plans a $1.4 billion investment in China by 2026 to recover from last year's sales slump, introducing ten new models, including its first plug-in hybrid, as part of its stra...

Business

Apple and Meta Hit with €700M EU Fines for Digital Market Dominance Breaches

The European Commission fines Apple and Meta €700 million for violating competition laws, highlighting the EU's commitment to regulating big tech's dominance and protecting consume...

Business

GE Vernova Surges with an 11% Revenue Jump to $8B in Q1 2025, Beating Estimates

GE Vernova Inc. reports an 11% revenue increase to $8B in Q1 2025, with net income turning around to $264M from a loss. Orders grew by 8%, and the company reaffirms its 2025 revenu...

Business

AT&T Reports a 2% Revenue Growth in Q1 2025, Reaching $30.6 Billion Amid Strong Demand for Fiber and 5G

AT&T Inc. reports a 2% revenue growth in Q1 2025, reaching $30.6 billion, with net income rising to $4.7 billion. CEO John Stankey emphasizes the company's focus on Fiber and 5G wi...