Inditex Earnings Gain on Zara’s Store-Efficiency Drive
Inditex SA’s first-quarter earnings beat analysts’ expectations, thanks to bigger stores that are encouraging shoppers to buy more
2023-06-07 14:52
Pinduoduo Draws Short Sellers in China’s E-Commerce Price War
One of China’s most popular stock bets of the past year is unraveling fast, weighed by an intensifying
2023-06-07 10:26
Reddit to Cut 5% of Staff, Trim Hiring Amid Restructuring
Reddit Inc. is cutting its workforce by about 5% and reducing its hiring plans, as the startup refocuses
2023-06-07 04:24
TSMC Tempers Capex Outlook to $32 Billion as Chip Demand Weakens
Taiwan Semiconductor Manufacturing Co. tempered its outlook for 2023 capital spending, as the main chipmaker to Apple Inc.
2023-06-06 13:56
Bitcoin Coders Feud Over Whether to Crush $1 Billion Frenzy for Memecoins
The coders who maintain Bitcoin’s blockchain are clashing over whether to stamp out the meme tokens swarming the
2023-06-05 08:26
Sony CEO Says Significant Barriers to Cloud Gaming Remain: FT
Sony Group Corp. Chief Executive Kenichiro Yoshida said in an interview with the Financial Times that the company
2023-06-04 09:26
Walmart reiterates goal of doubling international gross merchandise in 5 years
By Siddharth Cavale BENTONVILLE, Arkansas Walmart still expects to double the amount of gross merchandise volume it sells
2023-06-03 08:25
Amazon Is in Talks to Offer Free Mobile Service to US Prime Members
Amazon.com Inc. has been talking with wireless carriers about offering low-cost or possibly free nationwide mobile phone service
2023-06-02 21:16
Broadcom CEO Predicts That Chipmaker’s Sales From AI Will Double
Broadcom Inc., one of the world’s biggest chipmakers, predicted that sales tied to artificial intelligence are on track
2023-06-02 05:50
Pet Retailer Chewy Soars as Recurring-Purchase Program Drives Sales
Chewy Inc. stock surged the most in almost four years after the pet-products retailer beat sales expectations. It
2023-06-01 22:24
Salesforce Gives Forecast for Slowing Sales Growth in Push for Profit
Salesforce Inc. isn’t growing as fast as it used to while the software company shifts its focus to
2023-06-01 16:28
Elon Musk Goes Silent on Twitter After Arriving In China
Elon Musk, a prolific presence on Twitter and owner of the social media platform, hasn’t tweeted since arriving
2023-06-01 11:53