Tag: Company Reports
Coca-Cola Q3 Earnings Show Company Defying Worries Amid Inflation
Coca-Cola generated better-than-expected earnings as consumers continued to pay higher prices for soft drinks and juices, further evidence…
Regal Cinemas Parent Cineworld Files for Bankruptcy
The British movie theater chain Cineworld, weighed down by a mammoth debt pile, filed for Chapter 11 bankruptcy…
If the Economy Is Shaky, Why Are Company Profits Still Strong?
In its earnings report, Ally Bank, a big auto loan maker, provided data on past-due auto loans in…
Big Tech Is Proving Resilient as the Economy Cools
No boom can last forever, even for the technology industry’s most affluent companies. Investors punished the biggest tech…
Meta Reports First Revenue Decline and 36 Percent Profit Drop
SAN FRANCISCO — For years, Facebook’s sales grew without fail and kept on growing, defying the laws of…
Twitter’s Earnings Falter as It Fights with Elon Musk
Twitter is embroiled in a grueling legal fight with Elon Musk as he tries to back out of…
Snap Reports User Growth But a Wider Loss in the Second Quarter
Snap, the maker of Snapchat, on Thursday reported its slowest-ever rate of quarterly growth and a wider financial…
Netflix Loses Nearly 1 Million Subscribers and Breathes a Sigh of Relief
Disaster has been averted at Netflix.The streaming giant said in its earnings report on Tuesday that it lost…
Electric Car Sales Climb Sharply Despite Shortages
Americans are buying electric vehicles at a record pace, undeterred by rising prices and long waits for delivery,…
Tesla Sales Slow as the Pandemic Hobbles Production
Tesla said Saturday that vehicle deliveries from April through June fell 18 percent from the first quarter of…
GM Quarterly Sales Fall Amid Shortage in Computer Chips and Other Parts
The auto industry is facing worrying signs all across its horizon, including rising interest rates and fears of…
How Jack Welch’s Reign at G.E. Gave Us Elon Musk’s Twitter Feed
When Jack Welch died on March 1, 2020, tributes poured in for the longtime chief executive of General…