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Tag:
Profit-taking
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Philips reported that its first-quarter profits doubled year on year, while maintaining its sales outlook as the company continues efforts to move beyond a long-running scandal involving defective sleep apnea devices.06 May 2026-09:54
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A strong artificial intelligence-driven rally has pushed nine companies in the S&P 500 to double in value so far in 2026, highlighting how investor enthusiasm for AI continues to shape market performance.05 May 2026-16:06
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Volkswagen’s future is at risk without additional cost-cutting measures, the struggling German automotive giant warned on Thursday, after reporting a sharper-than-expected decline in profits as mounting headwinds continue to pressure the company.30 Apr 2026-13:22
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Stellantis said Thursday that its adjusted operating income nearly tripled in the first quarter of this year, surpassing market expectations, driven by sales growth across all regions, particularly in its key North American market.30 Apr 2026-10:21
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SoFi Technologies reported a sharp rise in first-quarter profit, driven by record loan growth and a surge in new members as demand for lending services remained strong.29 Apr 2026-15:40
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German sportswear giant Adidas on Wednesday reported a rise in quarterly profits, driven by stronger sales across key markets, while warning of a “very volatile” and highly competitive global retail environment.29 Apr 2026-12:18
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