By Kyle Morris The U.K.’s Competition and Markets Authority has launched an investigation into cloud gaming and mobile browsers after an earlier report that Apple Inc. and Alphabet Inc. have Read more
Tag: reports
Elon Musk says Twitter bankruptcy ‘not out of the question’ as more top execs leave: reports
Twitter’s new owner, Elon Musk, laid out a dire financial forecast late Thursday, saying the social-media company could lose billions of dollars and that bankruptcy cannot be ruled out, according Read more
Aurora Cannabis reports bigger loss than expected, but execs stick with profit target
Aurora Cannabis Inc. on Thursday reported a bigger quarterly loss and lower sales than expected, but the Canadian pot producer stuck with its target of hitting an adjusted measure of Read more
E.ON reports higher earnings and sales, backs full-year guidance
E.ON SE on Wednesday said that profit rose in the third quarter with a solid operating performance despite a challenging environment, and backed its full-year guidance at group level. The Read more
How major crypto tokens are reacting after reports of Binance’s acquisition of FTX:
Most crypto prices jumped Tuesday on news that Binance, the largest crypto exchange in the world, has signed a letter of intent to acquire rival FTX, but prices are still Read more
‘Only time will tell if September was the nadir:’ Zillow reports sharp home-value declines in these cities, amid grim outlook for U.S. housing market
Winter is coming, and the real-estate market is slowly coming to a standstill. According to a new report by Zillow Z, -2.00%, the typical home in the U.S. saw its Read more
China aiming for less disruptive COVID policies, reports say
Chinese officials are trying to quell an outcry over the death of a 3-year-old boy from a quarantined residential compound that added to public anger at anti-virus controls that have Read more
Yelp reports fifth straight quarter of record revenue
Yelp Inc. generated record revenue for a fifth straight quarter, and Chief Financial Officer David Schwarzbach told MarketWatch on Thursday that resilient ad-sales trends continue in the current quarter. “Advertisers Read more
Societe Generale reports forecast-beating revenue of $1.46 billion
Societe Generale SA said Friday that its third-quarter profit beat expectations on strong revenue after resilient performances in both its retail and investment-banking operations, and raised its operating-margin forecast for Read more
Inflation should send holiday sales to a record high, even as retailers scale back seasonal hires, industry group reports
Even as inflation stretches consumers’ budgets, retailers are set to break sales records yet again this holiday season — in part due to inflationary price increases — even as they Read more