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 $32 billion for its quarter ending in June, marking an 11% increase compared to the same period last year and beating Wall Street expectations.
2023-07-27 07:50
GM earnings soar
General Motors reported its second-quarter earnings surged 59%, and the company raised its full-year profit outlook.
2023-07-25 18:54
Braves motivation for latest trade reminds us how savvy ATL front office is
The Atlanta Braves' front office continues to make savvy moves to round out their star-studded roster.The Atlanta Braves acquired left-handed pitcher Taylor Hearn from the Texas Rangers on Monday, per MLB insider Mark Bowman. The move further bolsters the Braves' bullpen for the stretc...
2023-07-25 05:59
Ryanair warns the post-pandemic travel boom may be coming to an end
The travel industry has defied a global economic slowdown, enjoying record bookings and profits as pent-up demand following the pandemic fueled spending on air tickets and hotels. But that may be starting to change.
2023-07-24 20:23
What's ahead this week for Wall Street and the economy
A bevy of possibly market-moving events are in store for investors this week.
2023-07-23 19:46
The 5 biggest takeaways from Netflix's blockbuster earnings report
Hollywood is in a state of absolute agony, but Netflix had some reason to celebrate on Wednesday, with the streaming giant releasing a smash earnings report after implementing its long-anticipated plans to clamp down on password sharing. Here are some of the key highlights:
2023-07-20 09:50
Tesla profits climb despite price cuts
Tesla reported a much bigger than expected increase in profits, despite a series of price cuts that trimmed the amount of revenue per vehicle sold.
2023-07-20 04:20
Goldman Sachs profits plunge 58% as dealmaking dries up
Goldman Sachs reported a sharp drop in profit on Wednesday as dealmaking and trading, a core part of the mega bank's business, dry up. The Wall Street titan also felt the pain of a nearly $1 billion reduction in the value of its consumer and real estate businesses.
2023-07-19 21:19
Walgreens profit tumbles, slashes guidance amid significant drop in Covid vaccine demand
Walgreens Boots Alliance on Tuesday reported earnings that tumbled from the same time a year ago amid softening consumer spending and a pullback in demand for Covid vaccines.
2023-06-27 22:57
Macy's and Costco sound a warning about the economy
Macy's, Costco and other big chains say shoppers are pulling back at their stores and changing what they buy. That could be a red flag for the US economy.
2023-06-01 19:51
Winklevoss twins' exchange seek dismissal of SEC lawsuit over Gemini Earn
By Jonathan Stempel An exchange run by the twins Tyler and Cameron Winklevoss on Friday asked a U.S.
2023-05-27 05:55
Ron DeSantis: A quick guide to the Florida governor
He wants to be US President but he's got a fight with Donald Trump - and Mickey Mouse - on his hands.
2023-05-26 20:22