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Mexico's America Movil posts fourfold jump in Q4 profit
Reuters· 2026-02-10 21:51
Core Insights - America Movil, a major player in the Mexican telecom industry, reported a profit increase of over 300% for Q4 2025, attributed to lower financing costs compared to the previous year [1] Financial Performance - The company experienced a significant profit surge exceeding 300% in the fourth quarter of 2025 [1] - The improvement in profitability was primarily driven by reduced financing costs relative to the same period in the prior year [1]
Australia's AGL Energy narrows full-year earnings outlook, first-half profit falls 6%
Reuters· 2026-02-10 21:40
Australian power producer AGL Energy narrowed its full-year earnings forecast on Wednesday, citing higher consumer margin and lower costs, while reporting a 6.4% fall in its first-half underlying prof... ...
Freshworks forecasts annual revenue above estimates on strong AI-driven software demand
Reuters· 2026-02-10 21:16
Freshworks forecast annual revenue above Wall Street estimates on Tuesday, betting on growing adoption of its software tools that incorporate artificial intelligence to automate customer support and I... ...
Barbie maker Mattel forecasts annual profit below estimates on cautious consumer spending
Reuters· 2026-02-10 21:12
Group 1 - The company forecasted full-year profit below Wall Street expectations after missing fourth-quarter estimates [1] - Weak discretionary spending has negatively impacted toy demand [1]
Lyft flags storm-hit quarter, clouding $1 billion buyback program; shares down
Reuters· 2026-02-10 21:09
Lyft forecast first-quarter bookings and adjusted core profit below expectations on Tuesday, hit by severe winter storms in parts of the U.S., overshadowing a new $1 billion share repurchase program a... ...
Robinhood reports record quarterly revenue on retail trading strength
Reuters· 2026-02-10 21:09
Robinhood Markets reported record fourth-quarter revenue on Tuesday, as the retail brokerage taps into the growing role of individual traders in the equities markets. ...
Gilead quarterly results beat Wall Street estimates
Reuters· 2026-02-10 21:07
Gilead Sciences on Tuesday reported fourth-quarter sales and profit that came in slightly above Wall Street estimates, while its 2026 financial forecast was at the lower end of analysts' expectations. ...
Ford's quarterly earnings miss forecasts, CEO sees stronger year in 2026
Reuters· 2026-02-10 21:07
Ford Motor's quarterly core profit fell about 50% to $1 billion as it absorbed higher-than-expected costs from a fire at an aluminum supplier, but CEO Jim Farley predicted strong performance this year... ...
Blackstone boosts stake in AI startup Anthropic to about $1 billion, source says
Reuters· 2026-02-10 20:56
Blackstone is increasing its investment in the Claude chatbot maker Anthropic, raising its stake to about $1 billion at a valuation of roughly $350 billion, a person familiar with the matter told Reut... ...
Australian bank CBA posts record first-half cash earnings on lending growth
Reuters· 2026-02-10 20:38
Core Insights - Commonwealth Bank of Australia reported record first-half cash earnings, driven by strong growth in lending and deposit volumes, despite margin pressures from tight competition [1] Group 1: Financial Performance - The bank achieved record cash earnings in the first half of the year, indicating robust financial health and operational efficiency [1] - Growth in lending and deposit volumes contributed significantly to the earnings, showcasing the bank's strong market position and customer trust [1] Group 2: Market Conditions - Margins were under pressure due to tight competition in the banking sector, highlighting the challenges faced by financial institutions in maintaining profitability amidst competitive pricing [1]