Business News

Business

CVS Health Announces Stellar Q4 Earnings: A 4.2% Revenue Surge to $97.7B

CVS Health Corporation reports a 4.2% revenue increase in Q4 2024, reaching $97.7 billion and surpassing estimates. Despite a 17% drop in diluted EPS, the company forecasts a stron...

Business

CVS Health Surpasses Q4 Revenue Expectations with a 4.2% Increase to $97.7 Billion

CVS Health Corporation reported a 4.2% increase in Q4 2024 revenue to $97.7 billion, surpassing expectations. Despite a drop in earnings per share and operating income, the company...

Business

Siemens Energy Achieves Unprecedented €131 Billion Order Backlog in Early 2025

Siemens Energy announced a record €131 billion order backlog for Q1 fiscal 2025, marking an 11.2% increase from the previous year. Despite this achievement, the company faced an 84...

Business

Siemens Energy Achieves Record €131 Billion Order Backlog Amid Profit Plunge

Siemens Energy reports a record €131 billion order backlog in Q1 fiscal 2025, despite an 84.1% drop in net profit to €252 million and an 87.2% decrease in earnings per share, highl...

Business

Foxconn Explores Strategic Stake in Renault's Nissan for Electric Vehicle Innovation

Foxconn considers acquiring Renault's stake in Nissan to enhance collaboration on electric vehicles, emphasizing innovation over financial investment. This move follows the collaps...

Business

Baidu Set to Unveil Next-Generation AI Model with Enhanced Multimodal Capabilities

Baidu Inc. is set to launch the next version of its AI model, Ernie 5.0, featuring enhanced multimodal capabilities for efficient data processing. This follows the successful publi...

Business

Siemens Energy Achieves Unprecedented €131 Billion Order Backlog in Q1 2025

Siemens Energy reports a record €131 billion order backlog in Q1 2025, an 11.2% increase from last year. However, the company faces an 84.1% drop in net profit, highlighting challe...

Business

SoftBank Faces a Staggering Q3 Net Loss of ¥179.7 Billion: A Deep Dive

SoftBank reports a significant Q3 net loss of ¥179.7 billion alongside ¥1.8 trillion in net sales. The company also outlines its financial performance over nine months and future d...