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Amazon shares jump after results top estimates

Amazon.com Inc shares were lifted after hours, following the technology giant's strong post-close second-quarter results. Revenue rose 11% year over...

August 4, 2023, 4:01 am

German property giant vonovia slips to $2.1 bln loss as sector struggles

Germany's largest real estate group Vonovia slipped to a 2 billion euro ($2.19 billion) second quarter loss and wrote down the value of its properties...

August 4, 2023, 3:00 am

Shipping giant maersk beats expectations despite 72% profit plunge on falling container rates

Danish shipping giant Maersk on Friday reported a sharp fall in second-quarter earnings on the back of ...

August 4, 2023, 2:58 am

Wpp lowers growth forecast as us tech firms cut spending

WPP PLC (LSE:WPP) has lowered its full-year growth forecast due to reduced spending by US firms as it reported profit halved in the first half of 2023...

August 4, 2023, 2:33 am

Medifast: take advantage of pessimism over weight loss drugs

Medifast has seen a significant decline in its stock price and market cap in the past 2 years, reflecting investors' pessimism towards the company. Th...

August 4, 2023, 12:24 am

Walgreens sells amerisourcebergen shares to raise $1.85 billion to pay down debt and accelerate health strategy

Walgreens Boots Alliance has sold shares of AmerisourceBergen for initial proceeds of $2.85 billion, which will be used to accelerate the drugstore gi...

August 3, 2023, 8:54 pm

Apple is slogging toward a mediocre milestone not seen in 22 years

Apple Inc. executives historically have talked up the company's many revenue records, but now the smartphone g...

August 3, 2023, 8:46 pm

Why alibaba stock bounced back on thursday

The Chinese tech giant pushes further into the artificial intelligence (AI) segment. It rolled out two ...

August 3, 2023, 6:28 pm

Meta starts blocking news in canada — google plans to do the same

MENLO PARK, Calif. — Facebook and Instagram parent company Meta META, -0.36% is keeping its promise to block news content in Canada on its platforms...

August 3, 2023, 6:10 pm

Apple's services division sees record quarter with $21 billion in sales, 1 billion paid subscriptions; tech giant sees total revenue of $81.8 billion

The world's most valuable tech company saw sales and profit for the three months ended in June beat on the top and bottom line although revenue was st...

August 3, 2023, 4:54 pm

Amazon.com 2q financial results top estimates; shares climb

Amazon.com, Inc reported its second-quarter 2023 financial results after Thursday's close, generating revenue that rose 11% year over year to $134.4 b...

August 3, 2023, 4:38 pm

Shopify president finkelstein on earnings

Shopify President Harley Finkelstein discusses the Canadian e-commerce giant's second quarter results. He speaks with Ed Ludlow on "Bloomberg Technolo...

August 3, 2023, 3:29 pm

2 big tech giants reporting earnings tonight

A few tech giants are slated to step into the earnings confessional this week, and investors are hopeful that the reports can help the tech-heavy Nasd...

August 3, 2023, 1:42 pm

Why is qualcomm (qcom) stock down 8% today?

Technology giant Qualcomm (NASDAQ: QCOM ) — which specializes in the manufacturing of smartphone proc...

August 3, 2023, 1:39 pm

Texas pacific land corp: a high-performing giant in the oil & gas industry

Texas Pacific Land Corp ( TPL , Financial) is a prominent player in the Oil & Gas industry. As of August 3, 2023, the company's stock price stands at ...

August 3, 2023, 1:00 pm

Kellogg stock slips after profit beats expectations but sales comes up shy

Shares of Kellogg Co. slipped 0.7% in premarket trading Thursday, after the breakfast cereal and snacks giant ...

August 3, 2023, 12:24 pm

Conocophillips misses earnings expectations despite record production

Energy giant ConocoPhillips posted second-quarter profit and revenue that missed expectations, reflecti...

August 3, 2023, 10:45 am

Gaitame parent sees yoy rise in q2 adjusted revenue

Compagnie Financière Tradition (CFT), a Swiss interdealer broker and operator of a Japanese retail broking gi...

August 3, 2023, 10:14 am

Hasbro pivoting to “asset-lite” entertainment model following eone sale

Hasbro will move to an “asset lite model for future live action entertainment” following the $500M eOne sale, according to CEO Chris Cocks. Speaki...

August 3, 2023, 9:23 am

Kpmg report shows bitcoin mining is greener than gold, tourism, and fashion

KPMG, the Big-4 consulting giant, has recently released a new report highlighting the environmental impact of Bitcoin mining. Read Full Story The post...

August 3, 2023, 9:14 am


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