World’s largest sovereign wealth fund posts $110 billion in first-quarter
profit as tech stocks surge
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Netflix profits surge as streaming service adds 9.3m subscribers in latest quarter
Company says ‘we’re off to a good start in 2024’ as net income jumps 79% to $2.3bn, beating analysts’ expectations Profits at Netflix have surged as the world’s largest streaming service added millions of new paying subscribers.The entertainment giant added 9.3 million subscribers in the latest quarter – more than expected by analysts on Wall Street – leaving it with a record 269.6 million worldwide. Continue reading
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Chubb first quarter profits soar
Chubb Limited has reported first quarter net income of $2.14 billion, up 13.3 per cent from the comparative period last year, as consolidated net premiums written of $12.2 billion represented a 14.1 p
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Meta sees profits soar in first quarter
Facebook-owner Meta on Wednesday said its quarterly profits soared last quarter as the company continues to see stellar ad growth across its family of world-leading social media apps. The company founded by Mark Zuckerberg said that net profit in the January to March period rose to $12.4 billion with total