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Google’s quarterly report adds line on ‘European Commission’ and tells you why America’s tariff and Visa war on Europe and Europeans may not end soon

Google reportedly paid $10.5 billion as fine in Europe. According to an X (formerly Twitter) post shared by The Kobeissi Letter, the US tech giant has added a literal line item in their quarterly reports called “European Commission fines.” According to it, Google has paid $10.5 billion in EU fines as of September 30th. “The…

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Intel returns to profit after six straight quarterly losses; CFO David Zinser tells what its to have the US government as Intel’s biggest shareholder

Intel is back in profit. The chip giant snapped its losing streak of six straight quarterly losses and returned to profitability in the third quarter. The American chipmaker posted strong revenue, noting robust demand for chips that it expects to continue into 2026. This is Intel’s first earnings report since the Donlad Trump administration acquired…

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Donald Trump pushes to scrap quarterly earnings reports! SEC review gains attention; investors weigh long-term focus vs transparency

US President Donald Trump (Photo-AP) US President Donald Trump has renewed his call to end quarterly earnings reports for publicly traded companies, suggesting instead a six-month reporting period to ease costs and allow executives to focus on running their businesses, AP reported.In a post on his social media platform Truth Social, Trump wrote, “This will…

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