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Business

General Motors Faces $5B Tariff Impact, Slashes 2025 Profit Outlook Amid Trade Uncertainties

General Motors lowers its 2025 earnings forecast due to a $5 billion exposure from US tariffs, with EBIT-adjusted profits now expected between $10 billion and $12.5 billion. CEO Ma...

Business

Eli Lilly Surges with a 45% Revenue Jump to $12.7 Billion in Q1, Fueled by Weight-Loss and Diabetes Drugs

Eli Lilly's Q1 revenue soared by 45% to $12.73 billion, thanks to strong sales of Mounjaro and Zepbound. The company also reported a net income of $2.76 billion, up 23% YoY, and an...

Business

McDonald's Q1 Revenue Dips 3% to $5.9 Billion Amid Market Challenges

McDonald's reports a 3% drop in Q1 revenue to $5.9 billion, missing market estimates. Net income and earnings per share also declined, as shares fell 3.02% premarket.

Business

Biogen Surges with a 6% Revenue Increase to $2.4 Billion in Q1 2025

Biogen Inc. reports a 6% revenue increase to $2.4 billion in Q1 2025, despite a dip in earnings per share. CEO Christopher Viehbacher emphasizes the strategic shift towards diversi...

Business

Mastercard's Q1 Financial Surge: A 14% Revenue Jump to $7.3B Driven by Global Transactions

Mastercard's first-quarter revenue rose 14% to $7.3 billion, with net income up 9% to $3.3 billion, driven by cross-border transactions and payment volumes. The company also announ...

Business

Microsoft Announces Significant Price Hikes for Xbox Consoles and Games Amid Rising Costs

Microsoft has announced a global price increase for Xbox consoles and accessories, citing rising development costs. The Xbox Series X and S see significant hikes, alongside accesso...

Business

Apple Faces Critical Q2 Challenges: Stock Slump, AI Delays, and Rising Tariff Tensions

Apple navigates through a challenging Q2 with stock declines, AI strategy delays, and geopolitical tensions, while showing resilience in key revenue segments. The upcoming earnings...

Business

Microsoft Announces Significant Price Hikes for Xbox Consoles and Games Amid Rising Costs

Microsoft has raised prices for Xbox consoles, accessories, and some first-party games, citing increased development costs. The Xbox Series X now costs $599.99, up $100, with simil...