Speedy delivery hits Amazon's bottom line; shares slump
Amazon on Thursday reported quarterly profits shy of Wall Street forecasts as it poured money into speeding up delivery time to just a day.
Oct 24, 2019
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Page 8 - News tagged with company stock
Business
Google falls short on third-quarter profit
Google parent company Alphabet reported mixed third-quarter results Monday, beating analyst expectations for revenue but falling short on profits. The stock fell more than 2% in after-hours trading.
Oct 28, 2019
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Business
Huawei revenue down 2.2% in first three quarters of 2022
Revenue at Chinese telecom giant Huawei fell by 2.2 percent year on year in the first three quarters of 2022, company data showed Thursday, as COVID-19 and US sanctions dragged down sales.
Oct 27, 2022
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Boeing sees progress on 787 but warns on supply chain
Boeing said Wednesday it is close to receiving regulatory approval to resume 787 jet deliveries, a move that could help reverse lackluster profits, but warned that its production ramp-up for the 737 MAX would be slowed by ...
Jul 27, 2022
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Business
Facebook parent Meta posts first revenue decline in history
Meta, the parent company of Facebook and Instagram, posted its first revenue decline in history Thursday, dragged down by a drop in ad spending as the economy falters—and as competition from rival TikTok intensifies.
Jul 27, 2022
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Business
Trading begins on new Beijing Stock Exchange
A new Chinese stock exchange focused on SMEs began trading in Beijing on Monday, boosting support for smaller-scale firms as economic growth slows and Beijing cracks down on domestic tech giants.
Nov 15, 2021
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'Mom and pop' investors dismayed by China's scrapping of Ant IPO
Hong Kong's "mom and pop" investors had been looking forward to an instant jackpot via Ant Group's record-busting $34 billion IPO. Instead, China's shock suspension of the listing has left them baffled and angry.
Nov 4, 2020
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Business
GameStop finally announces a share sale
Two months after a market phenomenon took shares of GameStop to the moon, the video game retailer said Monday that it will sell up to 3.5 million of its shares with the price still vastly elevated.
Apr 5, 2021
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Business
By taking Twitter private, Musk makes daring bet
Elon Musk's decision to pull Twitter off the stock market allows him to make major changes quickly, but it also takes the company more heavily into debt, a risky choice for a money-losing business.
Nov 6, 2022
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Business
With auto strike over, GM announces big share buybacks
General Motors announced hefty new initiatives Wednesday to return billions of dollars to shareholders, lifting its stock price as it estimated the recent labor strike hit at $1.1 billion.
Nov 29, 2023
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