• Amazon Projects Profit That Underwhelms on AI Race Expense

    Amazon Projects Profit That Underwhelms on AI Race Expense

    Amazon.com Inc. has projected an operating income for the current quarter that is lower than analysts expected, raising concerns among investors regarding the company's significant spending in the artificial intelligence (AI) sector to compete with rivals like Microsoft and Alphabet. Specifically, A...

  • Pakistan, US Sign Trade Deal to Drill Oil, Boost Market Ties

    Pakistan, US Sign Trade Deal to Drill Oil, Boost Market Ties

    The U.S. and Pakistan have reached a trade agreement focusing primarily on the development of Pakistan's oil reserves and reducing tariffs on Pakistani exports. The deal, finalized in Washington, is expected to enhance U.S. investments in Pakistan's infrastructure and strengthen trade relations. Pre...

  • Werner Q2 Earnings Lifted by Texas Nuclear Verdict Reversal

    Werner Q2 Earnings Lifted by Texas Nuclear Verdict Reversal

    Werner Enterprises, a freight and logistics company based in Omaha, Nebraska, reported significant financial growth in the second quarter of 2025, with net income rising to $44.1 million from $9.47 million the previous year. This increase of 366% was largely due to favorable legal outcomes that reve...

  • ODFL Q2 Profit Slides 16.6% as Market Weakness Persists

    ODFL Q2 Profit Slides 16.6% as Market Weakness Persists

    Old Dominion Freight Line (ODFL) experienced a decline in both profit and revenue in the second quarter of 2025, with net income dropping 16.6% to $268.63 million from $322.05 million a year prior. Revenue decreased by 6.1% to $1.41 billion, driven by a significant 9.3% fall in LTL (less-than-truckl...

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