Apple's sales fall for the third consecutive quarter
Apple said Thursday that its revenue slipped 1% to $81.8 billion for its quarter ending July 1, marking the third consecutive year-over-year drop in quarterly revenue for the world's most valuable company.
2023-08-04 04:49
Amazon sales surged 11% in the second quarter
E-commerce behemoth Amazon increased its net sales 11% to $134.4 billion in the second quarter as analysts monitor consumer spending in both the cloud and retail markets.
2023-08-04 04:20
Warner Bros. Discovery trims costs and losses but misses forecasts
Warner Bros. Discovery reported a larger-than-forecast loss in the second quarter, but the loss was narrower than a year ago.
2023-08-03 20:56
Yeezy stock sales improve outlook for Adidas
Adidas upgraded its earnings outlook for the year Thursday, in part because of demand for the company's remaining stock of its discontinued Yeezy merchandise.
2023-08-03 18:21
Miller Light brewer benefits from Bud Light's turmoil
Bud Light's decline is benefiting one of its biggest rivals.
2023-08-01 20:24
Uber's post-pandemic growth is slowing
Uber has reported that its revenue ticked up 14% last quarter, marking a slower pace of growth than recent quarters when sales surged as riders returned to pre-pandemic habits.
2023-08-01 20:23
HSBC raises outlook as profits nearly double
HSBC's profits have soared as it continues to cut costs and cash in on high interest rates around the world.
2023-08-01 14:21
ExxonMobil earnings fell on sinking oil prices
ExxonMobil's profit fell sharply in the second quarter on lower oil and natural gas prices, leaving earnings below Wall Street forecasts.
2023-07-28 18:49
Ford's EV losses climb but overall profits rise
Losses are going up on Ford's electric vehicle business, but profit from its traditional internal combustion engine vehicles allowed it to beat Wall Street expectations.
2023-07-28 07:27
Oreo maker increases growth forecast thanks to demand for cookies, sweets
The maker of Oreo and Cadbury Dairy Milk chocolate is thanking an increased demand for sweets in the first half of the year for its positive forecast, Mondelez International said in its second quarter earnings call Thursday.
2023-07-28 06:16
Grimace shakes help send McDonald's sales surging
When McDonald's introduced a limited-edition purple shake in honor of Grimace's birthday, it probably didn't expect the item to go viral on TikTok quite like it did: With TikTokers showing themselves sipping the dessert drink and then, soon after, writhing in mock pain or playing dead.
2023-07-27 20:28
Meta stock climbs after company posts 11% revenue growth
Meta's "year of efficiency" seems to be paying off. The Facebook-parent company on Wednesday reported revenue of some $32 billion for its quarter ending in June, marking a 11% increase compared to the same period last year and beating Wall Street's expectations.
2023-07-27 04:48