logo
NextEra Energy beats quarterly profit estimates

NextEra Energy beats quarterly profit estimates

Reuters23-07-2025
July 23 (Reuters) - NextEra Energy (NEE.N), opens new tab beat Wall Street estimates for second-quarter adjusted profit on Wednesday, helped by strength in its renewables unit and increased power demand.
The company earned $1.05 per share on an adjusted basis, compared with analysts' average estimate of $1.01 per share, according to data compiled by LSEG.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Disney announces merger of two of its streaming platforms
Disney announces merger of two of its streaming platforms

The Independent

time17 minutes ago

  • The Independent

Disney announces merger of two of its streaming platforms

Disney plans to fully integrate Hulu into the Disney+ app by 2026, marking the end of Hulu 's era as a standalone streaming platform. Walt Disney Company CEO Bob Iger announced the merger, stating it will create a unified app experience, improve user experience, and boost ad revenue. Users will be able to access Hulu content directly within the Disney+ app, whether through a bundled subscription or by linking their standalone Hulu subscription. Disney also revealed an enhanced ESPN app launching on August 21, available in a bundle with Disney+ and Hulu for $29.99 per month. The company reported increased profits, driven by 2.6 million new streaming subscribers and robust US theme park sales, with combined Disney+ and Hulu subscribers reaching 183 million. Hulu is set to go under major changes as streaming app merges with Disney+

Trump says he could impose more tariffs on China, similar to India duties, over Russian oil
Trump says he could impose more tariffs on China, similar to India duties, over Russian oil

Reuters

time17 minutes ago

  • Reuters

Trump says he could impose more tariffs on China, similar to India duties, over Russian oil

WASHINGTON, Aug 6 (Reuters) - U.S. President Donald Trump on Wednesday said he could announce further tariffs on China similar to the 25% duties announced earlier on India over its purchases of Russian oil, depending on what happens. "Could happen," Trump told reporters, after saying he expected to announce more secondary sanctions aimed at pressuring Russia to end its war in Ukraine. He gave no further details. "It may happen ... I can't tell you yet," Trump said. "We did it with India. We're doing it probably with a couple of others. One of them could be China." Trump on Wednesday imposed an additional 25% tariff on Indian goods, on top of a 25% tariff announced previously, citing its continued purchases of Russian oil. The White House order did not mention China, which is another big purchaser of Russian oil. Last week, U.S. Treasury Secretary Scott Bessent warned China that it could also face new tariffs if it continued buying Russian oil.

Activist investor Starboard builds over 9% stake in Rogers
Activist investor Starboard builds over 9% stake in Rogers

Reuters

time17 minutes ago

  • Reuters

Activist investor Starboard builds over 9% stake in Rogers

Aug 6 (Reuters) - Activist investor Starboard Value said on Wednesday it has built a 9.3% stake in Rogers Corp (ROG.N), opens new tab as it seeks to push for changes at the advanced materials maker. Shares of Rogers were up 10% in extended trade. However, the stock has fallen more than 30% so far this year. Rogers, which makes advanced materials used in electric and hybrid cars, automotive safety, radar systems and other industrial applications, has a market value of about $1.28 billion, according to data compiled by LSEG. Reuters reported in 2023 that the activist investor was building a sizable stake in Rogers and was seeking seats on the company's board in its push for changes. The investor said it believes shares of Rogers, at the time of purchase, were undervalued and represented an attractive investment opportunity. Starboard had previously entered into an agreement with Rogers regarding the composition of its board and other matters, it said in a regulatory filing. Following the agreement, Starboard has engaged in discussions with Rogers' management and board regarding opportunities for value creation. The Wall Street Journal reported that Starboard had built a stake of over 9% in Rogers earlier on Wednesday.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store