Earnings Surprises

Amazon Delivers Surprisingly Strong Profit

The earnings report shows strong growth in consumer e-commerce, balancing out a continued slowdown in cloud-computing sales. Source link

11 months ago

Uber Delivers First-Ever Operating Profit

The company’s ride-hailing and delivery businesses grew as efforts to stem losses bore fruit. Source link

11 months ago

P&G Earnings Show Its Pricing Power Endures

Consumers were still paying more for premium brands including Tide, boosting quarterly sales even as volumes dropped. Source link

11 months ago

Exxon and Chevron Stalk More Shale Deals as Profits Dip

The oil giants together added $14 billion in profits to their cash piles and have signaled they’re not finished shopping…

11 months ago

Intel Returns to Profit as PC Rebound Lifts Chip Demand

The chip maker’s earnings surprise Wall Street after two consecutive quarters of record losses. Source link

12 months ago

Facebook Parent Meta Expected to Report Sales Growth as Turnaround Continues

The social-media giant has seen a surge after cutting costs and improving ad-targeting. Source link

12 months ago

Boeing Reports $149 Million Loss as Defense Charges Pile Up

The aerospace giant said it is increasing jetliner production as planned while reducing its debt. Source link

12 months ago

Snap Revenue Falls Amid Efforts to Retool Advertising Business

The owner of Snapchat reported progress in the overhaul of its ads platform but offered a cloudy outlook for the…

12 months ago