Facebook revenue declines for first time, and Meta’s downfall is expected to get worse
admin The second quarter was as bad as Meta Platforms Inc. executives feared, and the third…
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Shopify predicts steeper losses, but stock still rallies after earnings
A day after announcing it would conduct steep layoffs, Shopify Inc. announced a quarterly loss…
Read MoreTexas Instruments stock rises on earnings beat, outlook
Texas Instruments Inc. shares rose in the extended session Tuesday after the chip maker reported…
Read MoreMercedes-Benz lifts Q2 earnings but warns of ‘exceptional uncertainty’
Mercedes-Benz Group AG MBG, -2.13% on Wednesday raised some targets for the year and said…
Read MoreBASF raises full-year sales and profit guidance
BASF SE BAS, -0.25% on Wednesday raised its full-year sales and earnings guidance based on…
Read MoreHere’s the threat to markets if investors ignore ‘nontrivial’ stagflation risk
Financial market participants completely missed the non-transitory nature of inflation over the past year, failing…
Read MoreMicrosoft admits downturn has worsened since June warning, earnings and revenue miss expectations
Microsoft Corp. missed expectations for profit and revenue in a Tuesday earnings report, as deteriorating…
Read MoreMicrosoft stock jumps after cloud forecast calls for continued growth
Microsoft Corp. missed expectations for profit and revenue in a Tuesday earnings report, as deteriorating…
Read MoreApple has been worried about iPhone supply, but that may swing to demand concerns
Throughout the pandemic, Apple Inc.’s biggest challenge has been maintaining appropriate supply of its devices,…
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GM has ‘pivotal’ months ahead, Wall Street says
General Motors Co. shares fell nearly 3% in midday trading Tuesday after the auto maker…
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