Ferrari profit jumps 24% as demand pushes waiting list into 2025

Ferrari's EBIT profit margin, a widely-watched figure, increased a full percentage point to 26.9%.

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Moderna posts surprise quarterly profit despite waning demand for Covid vaccines

Moderna maintained its full-year guidance of around $5 billion in revenue from its Covid vaccine, its only marketable product.

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Budweiser-owner AB InBev reports profit hike as beer drinkers shoulder higher prices

The beer industry demonstrated "resilience even in the context of an ongoing inflationary environment," the biggest brewer in the world said.

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Qualcomm gives light forecast, phone chip sales fall 17%

Qualcomm reported second-quarter earnings on Wednesday that saw sales from handset chips, a core business for the company, decline.

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CVS beats on earnings and revenue but lowers profit outlook

CVS lowered its earnings outlook due to costs associated with recent acquisitions.

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AMD revenue drops 9% as PC chip sales decline sharply

AMD's report comes as the PC industry is in a deep slump, with shipments dropping 30% in the first quarter, according to IDC.

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Starbucks is about to report earnings. Here's what to expect

Shares of Starbucks have risen 14.6% this year, giving the company a market value of $131 billion.

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