Alibaba earnings miss expectations despite cloud acceleration
Signage at the Alibaba Group Holding Ltd. headquarters in Hangzhou, China, on Friday, Aug. 2, 2024.Qilai Shen | Bloomberg | ...
Tag: earnings
Walmart beats estimates, raises outlook as it sees stable consumer health
Walmart raised its forecast for the year on Thursday, as quarterly revenue grew nearly 5%, the company's stores and website ...
Cisco cutting 7% of workforce, reports earnings and revenue beat for quarter
Cisco CEO Chuck Robbins participates at the World Economic Forum in Davos, Switzerland, on Jan. 18, 2023.Hollie Adams | Bloomberg ...
UBS CEO says it’s too early to talk about a U.S. recession, but a slowdown is possible
Sergio Ermotti, chief executive officer of UBS GroupStefan Wermuth | Bloomberg | Getty ImagesZURICH, Switzerland ꟷ UBS CEO Sergio Ermotti ...
DraftKings reverses plans for a tax on customers as FanDuel parent Flutter wows Wall Street
Flutter reported phenomenal second-quarter earnings this week, wowing investors and sending shares up about 8% Wednesday as the company's FanDuel ...
Europe’s STOXX 600 climbs as upbeat earnings buoy travel and leisure, financial stocks
Europe's main stocks index rose on Wednesday, boosted by travel and leisure and financial shares, with investors drawing comfort from ...
HelloFresh shares pop 11% as meal kit giant beats profit estimates
Shares of German meal kit firm HelloFresh jumped on Tuesday after the company reported a better-than-expected profit in the second ...
Restaurant CEOs’ new favorite word is value as they aim to bring back customers
A sign advertises meal deals at a McDonald's restaurant in Burbank, California, on July 22, 2024.Mario Tama | Getty ImagesRestaurant ...
Paramount Global revenue misses estimates as traditional pay TV continues decline
The Paramount Studios in Los Angeles on April 29, 2024.Eric Thayer | Bloomberg | Getty ImagesParamount Global's second-quarter revenue dropped ...
Uber reports better-than-expected earnings and revenue for second quarter
Uber on Tuesday reported second-quarter earnings results that topped Wall Street estimates. The stock jumped 11%. Here's how the company ...
