Google, Apple, Amazon give investors reason to fret
Wall Street had its eyes Friday on big tech after some of the biggest companies in the world posted lackluster quarterly financial performances.
Feb 3, 2023
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Business
News tagged with sales revenue
Business
EasyJet hikes profit forecast on demand boom
British airline EasyJet hiked Wednesday its annual profit guidance after record demand and falling quarterly losses, as customers prioritise holidays and shrug off the cost-of-living crisis.
Jan 25, 2023
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Automotive
Ferrari sales, earnings guidance shift higher
Italian luxury sports car manufacturer Ferrari said Wednesday it had raised its 2022 earnings guidance after posting double-digit gains in sales and earnings.
Nov 2, 2022
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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
Internet
Google's ad sales slow dramatically, eroding parent's profit
Summertime revenue growth at Google's corporate parent slipped to its slowest pace since the pandemic jarred the economy more than two years ago, with advertisers clamping down on spending and bracing for a potential recession.
Oct 25, 2022
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Automotive
Honda yearly earnings solid despite chip crunch
Japanese auto giant Honda said Friday net profit rose 7.6 percent in the financial year to March, benefiting from strong motorbike sales and a weaker yen.
May 13, 2022
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Automotive
Volkswagen profits surge despite selling fewer cars
Volkswagen said Friday its net profits jumped last year despite selling fewer cars due to the semiconductor shortage as buyers forked out for better-equipped cars.
Mar 11, 2022
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Business
Google's Q4 ad sales soar again, parent plans to split stock
Google's digital advertising empire turned in another strong performance during the holiday shopping season, propelling a 36% increase in its corporate parent's profit during the final three months of 2021.
Feb 1, 2022
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3
Business
Amazon stumbles on slower sales growth, higher labor costs
Amazon isn't just grappling with the easing of pandemic-induced shopping splurges. The online retail behemoth is also contending with surging costs as it navigates a snarled supply chain and labor shortages.
Oct 28, 2021
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Business
Indonesia planning 10% tax on foreign digital services
Indonesia will slap a 10 percent value-added tax on the digital offerings of foreign companies from July 1, the finance ministry said, a levy that could apply to internet giants such as Spotify and Netflix.
May 18, 2020
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