Chevron Adopts Trump's Renaming of Gulf of Mexico to Gulf of America

Chevron has adopted President Donald Trump’s renaming of the Gulf of Mexico to Gulf of America in its latest earnings release, following an executive order signed by Trump. The name change has not been legally enforced on companies or individuals. Chevron also supported Trump’s inaugural committee with a $2 million donation.

Tesla's Latest Earnings Report and Future Plans

Tesla releases its latest earnings report, showing a 1.9% increase in revenue and a 70% decrease in net income compared to the previous year. The company plans to release more affordable models and is making progress on fully autonomous vehicles. Elon Musk continues to consolidate power within the US government.

Berkshire Hathaway's First Quarter Earnings Report

Berkshire Hathaway reported a significant increase in operating earnings in the first quarter, with its cash holdings reaching a record high. The conglomerate posted an operating profit surge of 39% to $11.22 billion, led by gains in insurance underwriting and investment income. The company's cash hoard hit $188.99 billion, reflecting Buffett's challenge in finding major acquisition targets.

Controversy around Pat McAfee Show mocking ESPN Bet

Pat McAfee Show mocks ESPN Bet after earnings fall short of projections, highlighting the struggle of the company to succeed in sports betting market.

Warner Bros. Discovery Q4 Earnings Report

Warner Bros. Discovery missed analyst targets for profit and revenue in Q4 due to slumping advertising. The company's net loss was $400 million, with challenges in the pay TV ecosystem. The company reported a decline in studio revenue and free cash flow guidance for 2024. The flagship streaming service, Max, ended 2023 profitable with 97.7 million global subscribers.