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

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

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

2 years 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

2 years 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

2 years 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…

2 years ago