General Motors lowers its 2025 earnings forecast due to a $5 billion exposure from US tariffs, with adjusted EBIT profits expected between $10 billion and $12.5 billion. CEO Mary B...
Eli Lilly's first-quarter revenue soared by 45% to $12.73 billion, powered by the sales of Mounjaro and Zepbound. The company also announced a $50 billion expansion to meet growing...
McDonald's reports a 3% decline in Q1 2025 revenue to $5.9 billion, with net income and earnings per share also seeing decreases. CEO Kempczinski remains confident in the brand's r...
Mastercard reports a 14% increase in Q1 revenue to $7.3B, driven by cross-border transactions and payment volumes. Net income rose to $3.3B, with EPS at $3.59. CEO Miebach emphasiz...
Apple prepares for its Q2 2025 earnings amid a stock slump, AI strategy delays, and geopolitical risks. Despite challenges, gains in key segments may offset revenue declines, but t...
Microsoft has announced a global price increase for Xbox consoles, accessories, and select games, citing rising development costs. The Xbox Series X and S see significant price hik...
Microsoft is reportedly preparing to host Elon Musk's Grok AI on Azure, a move that could enhance its cloud services but may also strain relations with OpenAI. This development pro...
Ford CEO Jim Farley discusses the challenges of relying on global supply chains for US-made cars, the potential impact of tariffs on vehicle affordability, and the need for policy ...
