Baidu revenue up 2% amid cost-cutting drive
Chinese internet giant Baidu reported on Tuesday third-quarter revenues of 32.5 billion yuan ($4.6 billion), representing a year-on-year increase of 2 percent.
Nov 22, 2022
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14
Business
News tagged with earnings report
Business
Airbnb reports soaring revenue as travel rebounds
Airbnb said Tuesday revenue in the recently ended quarter topped $2 billion as people shook off pandemic worries and took part in a banner travel season.
Aug 3, 2022
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13
Business
Tech titans curb hiring in a 'challenging macro environment'
From e-commerce colossus Amazon to social networking star Facebook, US tech firms that once grew with abandon have reined in hiring to endure tumultuous times.
May 15, 2022
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39
Business
Uber hit with loss in quarter despite rider rebound
Uber shares skidded Wednesday after the company said it was hit with a big loss in the first three months of this year despite a rebound in its ride-share business.
May 4, 2022
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12
Business
United Airlines loses $1.4B in 1Q, but expects profit in 2Q
United Airlines reported Wednesday that it lost $1.38 billion in the first quarter of 2022 but said it expects to return to profitability in the current three-month period as post-pandemic travel ramps back up.
Apr 21, 2022
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21
Business
DoorDash takes aim at Europe with purchase of Wolt
DoorDash has added Europe to its menu with the purchase of Finland-based food delivery firm Wolt in an all-stock deal valued at $8.1 billion, the company announced Tuesday.
Nov 10, 2021
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15
Internet
Google strikes deal with CME as exchange moves to cloud
CME Group and Alphabet Inc.'s Google struck a deal to help the derivatives exchange operator with its technology needs and a plan to move all of its operations to the cloud.
Nov 4, 2021
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13
Automotive
Japan's Nissan returns to profit, forecasts profit for year
Nissan reported a 114.5 billion yen ($1 billion) profit for the April-June quarter as its sales and profitability improved, especially in the U.S. market.
Jul 28, 2021
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0
Business
Pandemic lifestyle delivers earnings boon for Amazon, Google
Pandemic-driven lifestyle changes that have put the internet at the center of seemingly everything proved a financial boon for Amazon and Google in the final three months of last year.
Feb 3, 2021
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5
Business
Tesla reports $721 mn in 2020 earnings, first profitable year
Tesla Motors reported its first annual profit Wednesday following a big jump in auto deliveries despite the upheaval of the coronavirus pandemic as it signaled confidence for more growth in 2021.
Jan 27, 2021
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