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Tag: Financial Results

Stellantis Projects $2.7 Billion H1 2025 Loss, Blames Trump Tariffs

Stellantis Projects $2.7 Billion H1 2025 Loss, Blames Trump Tariffs

Stellantis Projects $2.7 Billion H1 2025 Loss, Blames Trump Tariffs Automotive giant Stellantis announced Monday it anticipates a significant $2.7 billion loss for the first half of 2025, largely attributing the financial blow to the ongoing impact of President Donald Trump’s tariffs. Preliminary figures indicate that direct tariff payments and resulting production shortfalls alone accounted for nearly $350 million of the anticipated losses. The company also reported a sharp 25% decline in North American sales during the second quarter, which…

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Stellantis Plunges to $2.7 Billion First-Half Loss Amid Tariff Impact and Sales Slump

Stellantis Plunges to $2.7 Billion First-Half Loss Amid Tariff Impact and Sales Slump

Stellantis Plunges to $2.7 Billion First-Half Loss Amid Tariff Impact and Sales Slump Automotive giant Stellantis NV has reported a preliminary loss of $2.7 billion (€2.3 billion) for the first half of 2025, attributing the significant deficit primarily to the biting impact of U.S. tariffs and persistently sluggish global sales. The early figures, released yesterday ahead of a full earnings report due July 29, paint a challenging picture for the transatlantic parent company of brands like Jeep, Ram, and Fiat….

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JPMorgan Chase Beats Q2 Earnings Estimates Driven by Strong Trading and Investment Banking

JPMorgan Chase Beats Q2 Earnings Estimates Driven by Strong Trading and Investment Banking

JPMorgan Chase Beats Q2 Earnings Estimates Driven by Strong Trading and Investment Banking JPMorgan Chase today announced better-than-expected second-quarter results, surpassing analyst estimates for both earnings and revenue. The banking titan reported earnings of $5.24 per share on revenue of $45.68 billion, outperforming projections from LSEG and StreetAccount. The bank’s robust performance was significantly bolstered by its trading operations, with fixed income revenue surging 14% to $5.7 billion and equities trading revenue climbing 15% to $3.2 billion. Investment banking fees…

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