Snap shares dive on bad quarterly results
Shares in Snapchat's parent company plunged more than 14 percent on Tuesday after it reported a loss in the final three months of last year on seemingly stalled revenue.
Feb 1, 2023
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16
Business
News tagged with revenue growth
Business
Nokia 4Q profit beats expectations on back of robust demand
Wireless and fixed-network equipment maker Nokia on Thursday reported strong fourth-quarter results on the back of robust demand for 5G technology and an improved product portfolio.
Jan 26, 2023
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7
Business
Spotify to cut some 600 staff as tech woes spread
Swedish music streaming giant Spotify said Monday it was cutting six percent of its roughly 10,000 employees in the latest cost-cutting announcement among technology companies.
Jan 23, 2023
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6
Business
Amazon begins mass layoffs among its corporate workforce
Amazon has begun mass layoffs in its corporate ranks, becoming the latest tech company to trim its workforce amid rising fears about the wider economic environment.
Nov 16, 2022
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9
Business
Amazon posts weaker-than-expected 3Q revenue, stock tumbles
Amazon returned to profitability over the summer after two consecutive quarters of losses, but its stock fell sharply in after-hours trading due to weaker-than-expected revenue and disappointing projections for the current ...
Oct 28, 2022
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42
Business
E-commerce giant JD.com posts slowest quarterly revenue growth
Chinese e-commerce giant JD.com reported its slowest revenue growth so far in the second quarter, the company said Tuesday, the latest in a series of gloomy numbers as China's economic growth slows.
Aug 23, 2022
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10
Business
Disney+ ad-free subscription cost to rise by 38% in December
Walt Disney Co. said Wednesday it is raising prices for streaming subscribers in the U.S. who want to watch Disney+ without ads, as more viewers switch to what CEO Bob Chapek described as the "best value in streaming."
Aug 11, 2022
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18
Business
Alibaba quarterly revenue flat for first time ever in June
Chinese e-commerce giant Alibaba reported flat revenue growth on Thursday for the first time ever, as the country grappled with an economic slowdown and COVID-19 resurgences kept consumers jittery.
Aug 4, 2022
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20
Business
Google's parent reports slowest quarterly growth in 2 years
Google's revenue growth during the past quarter decelerated to its slowest pace in two years as advertisers reined in their spending amid intensifying fears of an economic recession.
Jul 26, 2022
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15
Business
Texas Instruments braces for 10% revenue hit from China lockdowns
Dallas-based Texas Instruments said COVID-related lockdown policies in China will cause the semiconductor chipmaker's revenue to take a 10% hit this spring.
Apr 27, 2022
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