Earnings

President Donald Trump’s tariffs, particularly those levied against Mexican imports, are not merely economic instruments; they are catalysts for a broader crisis affecting businesses like Constellation Brands. CEO Bill Newlands has candidly highlighted the heavy toll these tariffs are taking on sales, particularly within the Hispanic consumer demographic, which is crucial for Constellation. By imposing
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The electric vehicle (EV) industry in China is undergoing seismic shifts, with companies like Xiaomi, Xpeng, and Leapmotor stepping into the spotlight. Recently, these companies have each reported delivering nearly 30,000 vehicles in March, illustrating their burgeoning capabilities and ambitions. With Xiaomi posting an impressive figure of over 29,000 cars, the competition is roaring to
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In a bold assertion of resilience, Huawei announced a staggering 22.4% increase in revenue for 2024, totaling 862.1 billion Chinese yuan ($118.2 billion). This impressive leap marks the company’s second-highest revenue in history, coming just short of the record set in 2020. However, behind this façade of growth lies a troubling narrative: net profit saw
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Lululemon has displayed impressive earnings, surpassing Wall Street’s projections during its fiscal fourth quarter that concluded on February 2. The company announced earnings of $6.14 per share, significantly edging past expectations of $5.85, alongside a revenue figure of $3.61 billion, above the anticipated $3.57 billion. However, the euphoric atmosphere was quickly overshadowed by the cloud
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