AI, finance push global corporate profits up a 2nd straight quarter

Auto industry takes hit from low-cost Chinese EVs

20241203N Currencies

Nikkei compiled financial results for approximately 31,000 listed companies in Japan, the U.S., Europe, China and elsewhere. © Reuters

KYOKA YUASA, Nikkei staff writer

TOKYO -- Global corporate net profits grew 4% on the year in the July-September quarter, buoyed by a robust American economy and particularly strong performance in finance and artificial intelligence.

Nikkei compiled financial results for approximately 31,000 listed companies in Japan, the U.S., Europe, China and elsewhere, using data from QUICK FactSet and other sources. Market estimates were used for companies that have not announced results. The companies in this analysis account for more than 90% of global market capitalization.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.