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Gold Rescues the National Bank’s Annual Profit The Swiss National Bank (SNB) will close the 2025 financial year with a provisional profit of around 26 billion francs – made possible by substantial valuation gains on its gold holdings.

Gold Rescues the National Bank’s Annual Profit: The Swiss National Bank (SNB) will close the 2025 financial year with a provisional profit of around 26 billion francs – made possible by substantial valuation gains on its gold holdings. #nationalbank #annualprofit

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Lynas Rare Earths posts annual profit slump, launches $487 million capital raising (Reuters) -Australia’s Lynas Rare Earths reported a worse-than-feared full-year profit on Thursday, hurt by depreciation costs from its Kalgoorlie and Mt Weld facility expansion, and warned that its Texas heavy processing plant may not move forward. Separately, the miner announced an A$750 million ($487.35 million) equity raising to "pursue new growth opportunities". Lynas, the world’s largest rare-earths producer outside China, said its net profit after tax came in at A$8 million for the year ended June 30, a sharp decline from an A$84.5 million reported a year earlier. The annual figure also missed the Visible Alpha consensus estimate of A$30.4 million. The miner said it is in negotiations with the U.S. Department of Defence to reach a mutually acceptable offtake agreement for production from its Seadrift heavy rare-earths processing facility in Texas. ($1 = 1.5389 Australian dollars) 3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads. The fastest way to find out is with our Fair Value calculator. We use a mix of 17 proven industry valuation models for maximum accuracy. Get the bottom line for LYC plus thousands of other stocks and find your next hidden gem with massive upside. Full access now available at 50% off while our Summer Sale lasts. Hurry, offer ends soon!

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Aston Martin warns on annual profit due to tariff disruption (Reuters) -Luxury carmaker Aston Martin (LON:AML) lowered its profit view on Wednesday due to "evolving and disruptive" U.S. tariffs, and said it now expects adjusted operating profit to roughly break even. U.S. tariffs have pummelled global automakers, forcing companies, including GM, Volkswagen (ETR:VOWG_p) and Hyundai (OTC:HYMTF), to either book billions of dollars of losses, issue profit warnings, or slash their financial forecast. The company, which had earlier forecast positive operating earnings in 2025, added that it now expects gross margin to be broadly flat from a year ago. Don't miss out on the next big opportunity! Stay ahead of the curve with ProPicks – 6 model portfolios fueled by AI stock picks with a stellar performance this year.. In 2024 alone, ProPicks' AI identified 2 stocks that surged over 150%, 4 additional stocks that leaped over 30%, and 3 more that climbed over 25%. That's an impressive track record. With portfolios tailored for Dow stocks, S&P stocks, Tech Stocks, and Mid Cap stocks, you can explore various wealth-building strategies. So if GM is on your watchlist, it could be very wise to know whether or not it made the ProPicks lists.

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Japan’s JERA annual profit halves on weaker overseas business TOKYO (Reuters) -JERA, Japan’s biggest power generator, said annual net profit halved, hurt in part by a weaker performance from its overseas power generation and renewable energy business. Net income for the year ended March came in at 184 billion yen ($1.3 billion) but it expects profit to rebound in the current year to 230 billion yen. JERA, a joint venture between Tokyo Electric Power and Chubu Electric Power, has around 30 projects in its overseas power generation portfolio in more than 10 countries. They total about 13 gigawatt (GW) in capacity, compared to some 59 GW for domestic power generation. Profits from its overseas power generation and renewable energy business tumbled 25.4 billion yen to 8.3 billion yen, it said. ($1 = 143.7700 yen)

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