Oil companies worldwide have reported substantial profits during the first quarter and first half of the year, with cautious expectations given the Middle East conflict.

Regional scenario: Latin America and the United States

Brazilian company Petrobras reported a daily average of 3.281 million barrels of oil and natural gas in the first half of the year, equivalent to 15.1% more than the same period in 2025.

Venezuelan oil company PDVSA reported accumulated revenues of $9.4 billion from January to May. Meanwhile, the refining subsidiary Citgo Petroleum closed its first quarter of 2026 with a net profit of $157 million.

The Argentine company YPF reported a net profit of $409 million and an operating profit of $878 million, in addition to achieving a record adjusted EBITDA for a first quarter of $1.594 billion, thanks to higher international prices and efficiency in Vaca Muerta.

The US-based Chevron reported net profits of $2.2 billion and adjusted profits of $2.8 billion in the first quarter of 2026. ConocoPhillips reported adjusted earnings per share (EPS) of $1.89 and total revenue of approximately $15.36 billion in the same period.

Europe and Asia

Repsol (Spain) reported earnings of €2.201 billion in the first half of this year, a 265% increase, for a net profit of €2.711 billion.

Italy’s Eni reported earnings of €4.390 billion from January to June, a 156 % increase compared to the €1.715 billion reported for the same period last year.

Finnish oil company Neste reported a net profit of €1.298 billion in the first half of the year.

British Shell reported $6.9 billion in earnings for the first quarter and a net profit of $5.694 billion.

Saudi Aramco, for its part, posted an adjusted net profit of $33.6 billion from January to March, representing a year-on-year increase of 25 % to 26 % compared to the same period in 2025.

PetroChina also reported a net profit attributable to shareholders of 48.333 billion yuan (approximately $7.07 billion) in the first quarter of 2026, a year-on-year increase of 1.9 %.

M.Pino

With information from international media

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The second vice president of Fedecámaras, Tiziana Polezel, stated last week that the commercial sector’s dynamics were minimal during the month of March. She noted that the first quarter was slow.

She cited the exchange rate differential as the main cause of this, adding that “movement is minimal, and this impacts the entire production chain.”

On the other hand, she highlighted the current problems facing the business sector, marked by “high tax rates that encourage informality and business closures.” As a result of high taxes that leave no room for profit, businesses are considering abandoning formality or closing.

Polesel also mentioned other reasons for this slow and stagnant context, such as deficiencies in the provision of basic public services, which lead to increased operating costs for businesses and companies, which are impossible to reflect in final products due to low demand.

The second vice president of Fedecámaras emphasized “the implementation of the Tax Harmonization Law, noting that most municipalities set their taxes at the maximum limit, without considering whether these rates are viable for taxpayers, generating unmanageable increases.”

M.Pino

Source: bancaynegocios

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The Bitcoin Bull Cycle 2025, an anticipation period during which the cryptocurrency could increase in price significantly, keeps investors on the lookout for long-term profits.

On this occasion, considering different market factors, different analysts such as Crypto Dan predict a scenario similar to the bull cycles of 2013 and 2020.

For those who trade bitcoin, the Bull Cycle 2025 “promises to be a golden opportunity for investors who have maintained their focus on the long term.” Crypto Dan highlights notable similarities with the boom periods in 2013 and 2020, and identifies “a two-phase growth pattern.” Profits can reach investors before the market peaks.

In any case, for the Bitcoin 2025 Bull Cycle, factors such as the Spent Output Profit Ratio (SOPR) are analyzed, which indicates “whether long-term holders are selling at a loss or profit. Values ​​​​greater than 1 indicate sales at a profit, suggesting a robust bull market. Current SOPR data indicate a similarity with past bull cycles, strengthening the forecast of a positive cycle.”

The global interest rate and liquidity are also considered, which help define strategies for long-term investment. Traders do not focus on short-term market fluctuations, but on “continuous accumulation, based on historical analysis and market trends that point to sustained growth.”

M.Pino

Source: criptotendencias

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Euro 2024, which began on June 14 and mobilizes thousands of fans around the world, now has official foreign sponsorship. This is the Chinese automobile company BYD (Build Your Dreams), replacing the German Volkswagen, which was at the helm from 2018 to 2023.

Everything points to a change of course and strategy marked by mobility and sustainability, taking into account that the Chinese company BYD, in full expansion, leads the electric vehicle market.

The company was founded in 1995 (Shenzhen, China) and quickly rose in the market, to the point of recently surpassing the American Tesla, run by Elon Musk.

It entered the European market in 2022 and now has 230 sales establishments in 19 countries, in addition to expansion plans.

Apparently, the philosophy of the new sponsor fit into the new orientation of the organizers of Euro 2024, who want a more sustainable tournament. In this sense, the official fleet of the tournament will be made up of electric vehicles by BYD, with the goal of reducing the carbon footprint and contributing to sustainability. BYD, for its part, has announced events that promote electric mobility in the fan zones of the host cities.

Agility meets style with the BYD DOLPHIN MINI. This compact trailblazer features an ultra-safe Blade Battery, high-tech features, and a 235-mile NEDC range – perfect for dribbling through city streets on your way to the next big match. pic.twitter.com/KSUI01Ttif

— BYD (@BYDCompany) June 11, 2024

Prominence of foreign sponsorship

According to UEFA, there are five commercial partners in the sponsorship of the sporting event most anticipated by fans. The organization indicated that the Adidas brand will deliver the balls and equipment for volunteers and employees. Likewise, the French digital services company Atos will be in charge of the tournament’s computer technology. Coca-Cola accompanies them in the supply of all supplies for the hydration of the fans, the volunteers and the dehydration officials. The German railway company Deutsche Bahn is in charge of Euro-Tickets at special prices.

Boost to the German economy could be 1,000 million euros

The host country of Euro 2024 could add around 1 billion euros to its economy from the profits derived from foreign tourists who travel to enjoy soccer matches.

The forecast of the economic research institute, ifo, indicates that the figure would correspond to 0.1 % of economic production in the second quarter of the year. The sectors with the greatest benefit from the sporting event are hospitality and food retail in Germany.

M.Pino

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Netflix reported a 20.3 % increase in revenue in 2023, reaching $5,407.9 million, and projected revenue growth of more than 10 % by 2024.

The streaming company grossed $33,723.3 million last year, 6.6 % more than in 2022, and added 260.2 million subscribers at the end of the last quarter, 12.8 % more than the previous year.

Netflix expects to earn 9.24 billion dollars in the first quarter of 2024, 13.2 % more than in the same period of 2023, and achieve a net profit of 1.976 billion dollars.

In a letter to its shareholders, Netflix stated that it has “enough room to grow as streaming expands” and that if it can “improve Netflix faster than the competition, we will have a more valuable company for consumers, creators and shareholders.”

Netflix closed the fourth quarter of 2023 with net profits of $938 million, up 1.605 % from the same quarter of 2022, and revenues of $8.833 million, up 12.5 %.

Netflix started 2024 with a “good pace” and expects its revenues to grow to double digits during the year, thanks to subscribers increase and an adjustment in the price of the service.

K. Tovar

Source: Eleconomista

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Brazilian authorities recently approved a flat 15 % tax on profits from cryptocurrency transactions that will come into effect on January 1, 2024.

According to local newspaper Diário Official da União, the bill was signed on December 12 by President Luiz Inácio Lula da Silva, and establishes that crypto assets of Brazilians abroad will be subject to taxes.

According to the new bill, “crypto income and dividends received by Brazilian taxpayers from investment funds, platforms, real estate or external trusts will also be subject to the new taxes.”

With the approval of this measure, the South American country hopes to raise an additional 4 billion reais ($20 billion) in 2024.

It has been indicated that “those who begin paying their taxes in 2023 will obtain a discount for prompt payment.” Specifically, they will pay an 8 % tax on all income obtained until the end of this year “in installments, with the first payment in December. The new tax rate will be 15 % starting in 2024.”

Brazilian legislation has evolved in recent months regarding cryptocurrencies, in order to regulate transactions inside and outside the country, in addition to protecting citizens’ assets and providing confidence to investors.

According to the controller of stablecoin issuer Transfero, João Carlos Almada, “income from digital assets has already been taxed before in Brazil.” However, he did not rule out that the legislation requires further elaboration on some points.

Brazil appears to be following in the footsteps of Spain, where last November the Tax Agency stressed the need for “natural persons to disclose any cryptocurrency they hold abroad.” In the European country, those who are subject to paying taxes are those with a net worth of over fifty thousand euros.

M.Pino

Source: cripto247

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Banco do Brasil, the country’s second-largest financial institution, achieved profits of USD 5.3 billion in September, which represents 14 % more than the same period in 2022.

According to the data presented in the quarterly report, the bank “earned 8,785 million reais in the third quarter, an increase of 4.5 % annually.”

Regarding the expanded portfolio, the report shows that the Bando do Brasil managed to exceed one billion reais in September; that is, an increase of 10% compared to last year.

Loans to individuals also experienced annual growth of 8 %, while loans to companies or legal entities grew 4.7 %.

Regarding the financial margin, which consists of the “difference between the interest collected on loans and those paid on deposits”, the institution reported 67,728 million reais until September, which translates into 30 % more than in the same period last year. .

“The 90-day delinquency rate reached 2.81 %, an increase from 2.34 % a year ago and which the bank attributed to the bankruptcy of a company to which it lent money.”

M.Pino

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The shares of the telecommunications company Entel began the day on the Santiago de Chile stock exchange with a rise of 7.09 %, becoming the highest indicator recorded since last February 28. While the controlling holding company Almendral registered an increase of 7.90 % to place the share value at 22 dollars.

With the increase registered by Entel, its shares stood at 2,945 dollars to become the second company with the highest profit and the first place is occupied by the Almendral company in the Chilean stock market.

The increases in the value of the shares of the telecommunications operators occur simultaneously with the search to “dispose of part of its infrastructure assets such as its five data centers for 800 million dollars, while putting its fiber network up for sale. optics estimated at about 500 million dollars”.

Increase of client portfolio of Entel and Almendral

On the other hand, the companies also reported significant growth in the database of their users, increasing by 66 % in the client portfolio, closing by December 2021 with “about 539 thousand services”, coupled with the “wide progress in the implementation of 5G in Chile”.

According to the market specialist José Tomás Riveros, it is excellent news that the company “occupies that capital in the core of its business” because it will provide growth and it will be able to improve the services it offers.

In addition, Riveros explained that all this context that the firm is playing makes it a “very interesting company in terms of growth in the medium and long term.”

It is important to note that during the year, Entel accumulated a positive variation of around 5.97 % and a market capitalization of around 921.454 million dollars. While Almendral had a capitalization of 396.747 million dollars with a variation of 5.36 %.

M. Rodríguez

Source: df.cl

La entrada Entel and Almendral shares rise more than 7 points apareció primero en Bitfinance.

The American company Apple earned 34,630 million dollars in its first fiscal quarter of 2022, which represents 20 % more than in the same period of the previous year, generating a profit of the order of 2.10 dollars per share, above the $ 1.89 anticipated by consensus.

The company’s shares increased by more than 2.5 % after the opening of Wall Street, while income increased 11 % to reach a record figure of 123,940 million dollars, exceeding the projections of analysts, who forecast a 118.5 billion dollars in sales.

While the operating profit has risen to 23 %, which represents some 41,488 million dollars, and the gross margin stood at 43.8 %, above the anticipated 41.7 %.

According to statements offered by Apple CFO, Luca Maestri, “the strong customer response to our recent launch of new products and services drove double-digit growth in revenue and earnings, and helped set an all-time record in our installed base of active devices.”

Records in Apple products

Innovation and new products have generated a significant increase in sales of Apple products. All but the iPad have posted new revenue records, as have the company’s business units. According to Apple CEO Tim Cook, “this quarter’s record results were made possible by our most innovative lineup of products and services.”

Sales by product category report the following figures: 71,628 million dollars were obtained from the sale of iPhones, reflecting a 9 % growth; Mac computers registered 10,852 million dollars, which represents a 25 % growth.

For its part, the Accessories division generated 14,700 million dollars, a growth equivalent to 13 % and the Services division reached 19,500 million dollars, which means a growth of 25 %. However, iPads only brought in about $ 7.248 million in revenue, which is a 14 % decrease.

Impact of inflation

Apple’s CFO made reference to the impact that inflation is having, especially on the company’s logistics costs. However, he estimates that the situation is temporary. “Everyone is seeing inflationary pressure” and this price increase impacts the company’s margins “these increases are being taken into account in its gross margin. Some expenses such as logistics have a very high cost”. I emphasize Master.

Since the pandemic began in 2019, the company has been cautious when giving details about its forecasts for the coming months, due to the high uncertainty experienced by Covid-19, but even so, it continues to grow quarterly, making it a the most valuable company on the stock market.

M. Rodríguez

Source: bolsamania.com

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