Shein Second-Quarter Profit Falls 67% on Higher Costs and EU Fees

Fast-fashion Shein reported an adjusted net profit of $228 million for the second quarter ending June, representing a 67% decline year-over-year. Profit falls as EU parcel fees impact sales Profit … Read More

US Natural Gas Supply and Demand Projected to Hit Record Highs in 2027

According to the U.S. Energy Information Administration (EIA), domestic U.S. natural gas supply and demand will both climb to unprecedented record highs across 2026 and 2027. This trajectory underscores a … Read More

Hims & Hers Shares Surge as Novo Nordisk Drops Patent Lawsuit

Hims & Hers Health posted a wider-than-expected second-quarter loss as the telehealth company transitioned its model toward branded weight-loss drugs, following a strategic pivot that included dropping legal battles with … Read More

Ola Electric Reports Narrower Q1 Loss Amid Rising EV Sales

India’s Ola Electric Mobility (NSE: OLAELEC) reported a narrower net loss for the first quarter ending June 30, driven by higher electric two-wheeler sales volume and lower operating expenses, according … Read More