#profit tag - Briefly

Paolo Ardoino Drives $1.04B Profit for Tether as Reserves Climb to $8.23B in Q1

Tether reported $1.04 billion profit in Q1 2026, with reserves reaching $8.23 billion and significant investments in U.S. Treasuries, gold, and bitcoin.

fromKqed

3 days ago

Elon Musk Says Sam Altman Tricked Him Into Funding OpenAI | KQED

Musk stated, 'What they really wanted was a for-profit, where they could make as much money as possible.' This assertion reflects his belief that OpenAI deviated from its initial mission to benefit humanity.

Non-profit organizations

Wine

fromIndependent

2 weeks ago

Ikea in Dublin sold 105,000 moving boxes last year, more than any other branch in the world

Ireland leads in sales of red wine glasses according to Ikea's report.

London startup

fromLondon Business News | Londonlovesbusiness.com

1 month ago

Revolut profits hit 1.7bn as the fintech giant eyes 100m customers - London Business News | Londonlovesbusiness.com

Revolut reported a record profit of £1.7 billion, driven by customer growth and its transformation into a global banking powerhouse.

World politics

fromThe Nation

1 month ago

War and the Wealthy

War has historically benefited the wealthy, creating a divide between those who profit and those who suffer the consequences.

Business

fromLondon Business News | Londonlovesbusiness.com

7 months ago

Irn-Bru maker reveals stronger sales and profits - London Business News | Londonlovesbusiness.com

AG Barr’s price increases in early 2025 drove 31% revenue growth to £228.1m and 41.4% higher pre-tax profit of £35.2m in the first half.

fromBusiness Matters

8 months ago

Soho House profits surge as membership limits boost exclusivity amid privatisation talks

Soho House has reported an operating profit of just under $60 million in the three months to July, marking its first time achieving consecutive quarterly profits in 30 years.

E-Commerce

Artificial intelligence

fromFast Company

8 months ago

SoftBank's profit rebounds on AI stocks

SoftBank Group Corp. posted a 421.8 billion yen profit in the April-June quarter, driven by investments in AI.

fromFast Company

9 months ago

General Motors' profit slides by 32% in second quarter, and Trump's tariffs are to blame

General Motors' second-quarter core profit fell 32% to $3 billion due to challenging tariff policies, which sapped $1.1 billion from the results.

Cars

fromIrish Independent

10 months ago

NAMA says it will give 5.5bn back to the State

Brendan McDonagh, the chief executive, waived his right to a performance-related bonus, demonstrating a commitment to transparency amidst public scrutiny over his salary.

Renovation

#profit#profit