Sony reports 22% jump in December-quarter profit, beats expectations and lifts full-year outlook

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The logo of Japanese entertainment and electronics giant Sony is displayed at the company’s headquarters in Tokyo on May 14, 2025. Kazuhiro Nogi | Afp | Getty Images Sony on Thursday reported a rise in operating profit that beat expectations, supported by favorable foreign exchange rates despite surging memory chip costs.  Here are Sony’s December […]


Lucid’s Gravity SUV arrives with high expectations, and big risks

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Lucid Motors gets rave reviews from critics. But it’s sorely lacking customers. That’s a problem the company can’t afford. The Arizona-based electric-vehicle maker has top-shelf tech, deep-pocketed backers and highly praised cars. However, Lucid has struggled to meet production targets, and has been unable to steal the spotlight away from established luxury brands with century-old […]


CarMax stock plummets after missed Wall Street’s expectations

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A sign is posted in front of a CarMax dealership on April 10, 2025 in Santa Rosa, California.  Justin Sullivan | Getty Images News | Getty Images DETROIT — Shares of CarMax were down by more than 20% in early trading Thursday after the used auto retailer missed Wall Street’s quarterly earnings and revenue expectations. […]


‘Epstein Files’ Release, Hyped by Pam Bondi, Falls Short of Expectations

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For days, Attorney General Pam Bondi had talked about releasing the “Epstein files,” supposedly secret documents the federal government has on some of the powerful men who were in the orbit of the disgraced financier Jeffrey Epstein. But the roughly 200 pages of documents that Ms. Bondi released on Thursday contained little new information pointing […]


Target says holiday sales beat expectations — but not profit as discounts reign king

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Target on Thursday said its holiday sales were better than expected, though it kept its profit forecast the same – likely because cost-conscious shoppers stocked up on discounted items. The Minneapolis-based chain said sales on Black Friday and Cyber Monday hit records, prompting it to raise its comparable sales growth forecast for the three months […]


Profit beats expectations as AI boom drives 54% hike

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An image of a semiconductor wafer at the Taiwan Semiconductor Manufacturing Museum of Innovation in Hsinchu, Taiwan, on Jan. 11, 2022. I-Hwa Cheng | Bloomberg | Getty Images Taiwan Semiconductor Manufacturing Company on Thursday reported a 54% hike in net profit, as global chipmakers continue to benefit from demand boosted by AI applications. The company’s […]