Latest news with #corporateprofits
Bloomberg
21-07-2025
- Business
- Bloomberg
Investors Are Not Impressed by Strong Start to Earnings
The second-quarter earnings season is off to a ripping start, with consumer strength powering resilient corporate profits. In the stock market, however, the reaction has been fairly quiet, an ominous sign that much of the good news is priced in — and investors are punishing disappointments. Take financials, which reported blockbuster numbers last week that failed to juice their shares.
Bloomberg
15-07-2025
- Business
- Bloomberg
BofA Poll Shows Investors Flock Into Risk Assets at Record Pace
Fund managers are rushing back into risky assets at a record pace on optimism over economic growth and strong corporate profits, according to a monthly survey by Bank of America Corp. The risk level in investor portfolios is the highest ever on a three-month basis going back to 2001, the bank's survey showed. The poll also pointed to strong increases in allocations to US and European stocks, as well as tech shares.
Bloomberg
09-07-2025
- Business
- Bloomberg
Asian Stocks to Rally After Tech Lifts S&P 500: Markets Wrap
Asian equities were set to join a rally in US shares and Bitcoin in a sign investors are looking through the latest tariff headlines to focus on corporate profits and the economy. Equity-index futures for Japan and Australia climbed early Thursday while those for Hong Kong were flat. The S&P 500 rose 0.6% and the Nasdaq 100 climbed 0.7%, helped along by tech gains that pushed Nvidia Corp to become the first company in history to touch $4 trillion in market value. Contracts for US stocks edged higher in early Asian trading.
Zawya
01-07-2025
- Business
- Zawya
Japan's tax revenues likely hit record high in fiscal 2024, sources say
Japan's tax revenues likely hit a record high for a fifth straight year in the fiscal period that ended in March due to robust corporate profits and rising inflation, two sources said on Tuesday. The increase is likely to heighten calls among lawmakers to ramp up spending or cut taxes ahead of an upper house election on July 20. Tax revenues for fiscal 2024 are likely to come to 75.2 trillion yen ($522.5 billion), up from 72 trillion yen the previous year, said the sources, who declined to be identified as the matter is still confidential. The amount exceeds a Finance Ministry estimate issued last November by 1.8 trillion yen, which is not enough to pay for about 3.5 trillion yen needed to fund the ruling coalition's proposal to deliver blanket cash payouts. Prime Minister Shigeru Ishiba told a broadcaster on Tuesday that he may consider tapping non-tax revenue to fund the measure, while stressing that issuing fresh deficit-financing bonds is not an option. Ishiba's Liberal Democratic Party plans to give out 20,000 yen to each individual and an additional 20,000 yen to children as well as adult members of low-income households amid rising prices. Of the 75.2 trillion yen in tax revenue, 2.3 trillion yen would be secured as surplus from the fiscal 2024 budget, according to the sources. Fiscal law stipulates that half the surplus money must be used to redeem debt. The Ministry of Finance is expected to announce the fiscal 2024 tax revenue amount later this week. ($1 = 143.9200 yen)
Bloomberg
27-06-2025
- Business
- Bloomberg
MAGA Doesn't Mean Making Profits Great Again
Save To get John Authers' regular newsletter delivered directly to your inbox, sign up here. Corporate America's profits are slipping. Last week, the Bureau of Economic Analysis confirmed that corporate post-tax profits dropped in the first quarter by 3.3% — by far their biggest fall since the pandemic.
