Apple: miserable march

Apple reported a very weak holiday quarter with sales plunging 5.5%. The tech giant guided to a weak Ma...

February 6, 2023, 8:11 am

Economic calendar in asia 06 february 2023

New Zealand markets are closed for a holiday today.

On the calendar, a sparse on with a few it...

February 5, 2023, 9:29 pm

Southwest faces senate hearing next week following holiday meltdown

Southwest is sending its operating chief, but not its CEO, to the Senate Commerce committee hearing....

February 3, 2023, 12:02 pm

Earnings results: google suffered ‘pullback’ in ad spending over holidays, alphabet stock falls after earnings

Alphabet Inc.’s stock slipped nearly 5% in extended trading Thursday after the tech giant missed slightly on revenue and earnings in ho-hum quarterl...

February 3, 2023, 9:44 am

Oil ticks lower, headed for weekly drop, as traders await clarity on china demand

Oil futures edged lower Friday, on track for weekly losses, as investors awaited clarity on Chinese demand in the wake of the Lunar New Year holiday....

February 3, 2023, 7:17 am

Apple suffers 1st quarterly sales decline in nearly 4 years

Apple on Thursday posted its first quarterly revenue drop in nearly four years after pandemic-driven restrictions on its China factories curtailed sal...

February 3, 2023, 4:42 am

Imax seeks to expand in china; in talks in india: ceo gelfond

Imax Corp. Chief Executive Officer Richard Gelfond discusses the cinema chain operator's strategy for Asia. Imax says it scored its highest grossing C...

February 2, 2023, 10:56 pm

Apple reports sales decline: here's why this analyst is not concerned

Apple Inc (NASDAQ: AAPL) gave back its intraday gain in extended hours after reporting its first quarterly year-on-year decline in sales since 2019. A...

February 2, 2023, 6:32 pm

You shopped amazon for the holidays, but its profits still plunged

CEO Andy Jassy says the company cut costs involved in storing and shipping products....

February 2, 2023, 5:24 pm

Amazon's quarterly sales beat wall street estimates

Amazon announced its earnings for the fourth quarter of 2022 which beat Wall Street's estimates for sales by nearly $4 billion following a strong ...

February 2, 2023, 5:01 pm

Apple earnings fall short on underwhelming sales of iphones and macs

Production issues in China seemed to impact Apple far more than expected in the holiday quarter, as the...

February 2, 2023, 4:39 pm

Apple sales drop 5% in largest quarterly revenue decline since 2016

Apple's overall sales for the holiday quarter were about 5% lower than last year's, the first year-over...

February 2, 2023, 4:37 pm

Amazon shares slide despite beating q4 sales forecast

Amazon tapped into its huge base of Prime subscribers during the crucial holiday season....

February 2, 2023, 4:23 pm

Amazon beats revenue expectations for holiday quarter; ceo optimistic about ‘long-term opportunities'

Amazon beat revenue expectations for its fourth quarter as the company continues to navigate various headwinds....

February 2, 2023, 4:20 pm

Amazon stock falls after earnings miss shows worst annual loss on record, least profitable holiday quarter since 2014

Amazon.com Inc. reported its least profitable holiday quarter since 2014 on Thursday, leading to the bi...

February 2, 2023, 4:20 pm

Amazon earnings: what to expect

Amazon.com Inc. is expected to deliver a profit for its holiday quarter, but not enough to offset its l...

February 2, 2023, 8:16 am

Fxspotstream rebounds from december dip, generates $1.3t in january

FXSpotStream LLC, a provider of multibank FX aggregation services for spot FX trading, recovered from its h...

February 1, 2023, 5:25 pm

Peloton ceo doesn't care that its equipment is losing money, sees path forward in the app

The pricey exercise machines posted a negative gross margin for the holiday quarter, but the fitness eq...

February 1, 2023, 10:53 am

Institutional spot fx demand recovers in january from holiday lows

Institutional forex trading activities have picked up again in January as volumes rebounded from ...

February 1, 2023, 10:15 am

Peloton losses narrow as subscription revenue again outpaces equipment sales

Peloton beat Wall Street's revenue expectations but saw a 52% drop in connected fitness sales during its holid...

February 1, 2023, 7:01 am