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Ferrari Q1 2025 Earnings Soar: Revenue Up 18% as Luxury Demand Defies Economic Slowdown

Ferrari NV stunned markets with a powerhouse first quarter in 2025, posting €1.8 billion in revenue – an 18% year-over-year leap – as affluent buyers worldwide continued to splurge on its high-margin luxury cars and ultra-exclusive customization services. Net profit roared to €450 million, marking a 22% surge that defied analyst projections and cemented Ferrari’s […]

Standard Chartered financial report

Standard Chartered Q1 2025 Earnings Soar: 12% Profit Jump Fueled by Asian Market Expansion and Digital Banking Growth

Inside Standard Chartered’s 2025 Performance: Profits, Growth, and Risks: May 2, 2025, London with net profits rising 12% year-over-year (YoY) to 1.45 billion, Standard Chartered PLC (STAN.L) achieved a solid first-half result for 2025, over market forecasts. The bank’s wealth management, online banking, and Asia-specific divisions all saw strong development, which contributed to an 84.8 […]

Samsung Q1 Profit Plummets 21%: AI Chip Shortfall & Foundry Losses Drag Earnings

Samsung Electronics (005930.KS) reported a steeper-than-expected 21% drop in Q1 operating profit to ₩6.3 trillion ($4.6B), missing analyst estimates of ₩7.1 trillion, as its AI chip division underperformed and foundry losses mounted. Key Pain Points: AI Chip Miss: HBM3 memory sales lagged behind SK Hynix despite 300% industry demand growth Foundry Troubles: $700M loss in […]

L’Oréal Reports Slower Q4 Sales Growth Amid Market Challenges

L’Oréal, the world’s largest cosmetics company, reported a 2.5% increase in fourth-quarter sales, bringing total revenue to €11.08 billion ($11.9 billion). The growth fell short of analyst expectations of a 3.9% rise, marking the slowest quarterly expansion since the pandemic. The downturn was primarily driven by weaker consumer demand in China and North America, particularly […]