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
0
39
Business
News tagged with earnings report
Business
Amazon Q1 revenue, profit grow but cloud unit a concern
Amazon on Thursday reported stronger-than-expected revenue and profits for the first quarter, sending its stocks higher in after-hours trading. But its prices took a dip in the evening amid concerns about a continued slowdown ...
Apr 27, 2023
0
7
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
0
13
Business
Chipmaker Intel Corp. blames internal error on data leak
The computer chipmaker Intel Corp. on Friday blamed an internal error for a data leak that prompted it to release a quarterly earnings report early. It said its corporate network was not compromised.
Jan 23, 2021
0
6
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
0
15
Automotive
Volvo's shares up after record first quarter profits
Volvo Group's shares were up seven percent Wednesday after the Swedish truck-maker posted record first-quarter earnings, in a sign of an easing of supply chain disruptions and high costs that have plagued the auto industry.
Apr 12, 2023
0
3
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
0
5
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
0
0
Business
Uber shares skid as losses widen
Uber shares skidded Monday after the ride-hailing giant reported widening losses in the just-ended quarter as it boosted investment in new services and features.
Nov 5, 2019
0
5
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
0
13
