corpearnings

Apple Sees Third Straight Quarter of Falling Sales, Longest Slump Since 2016

Sales of iPhones missed analyst estimates, but revenue in the company services unit reached a record high. Source link

2 years ago

Warner Bros. Discovery Revenue Falls

The company’s streaming segment shed subscribers in the second quarter after the launch of its new service, Max. Source link

2 years ago

Bud Light Boycott Sparks Big U.S. Profit Drop for AB InBev

The brewing giant lost market share after the Dylan Mulvaney debacle, but it says consumers remain favorable toward Bud Light.…

2 years ago

DoorDash Order Frequency Hits New High as Delivery Demand Stays Strong

The company said consumers spent more on deliveries of food and household essentials. Source link

2 years ago

Qualcomm, Stung by Sluggish Smartphone Market, Plans Layoffs

Qualcomm, Stung by Sluggish Smartphone Market, Plans Layoffs Source link

2 years ago

CVS Reports Stronger Demand

The healthcare company said a 10.3% increase in its second-quarter sales was driven by growth in its health benefits business.…

2 years ago

Caterpillar's Sales Surge as Construction Booms

Revenue was lifted by higher sales across all three of its major segments. Source link

2 years 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

2 years 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

2 years 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…

2 years ago