earnings

In This Story Chinese automaker BYD ( BYDDY ) said its net profit doubled year-over-year in the first quarter, climbing to 9.15 billion yuan, or about $1.3 billion. Suggested Reading How Trump’s tariffs could make your iPhone cost $3,500 Suggested Reading The company, China’s biggest carmaker, said operating revenues jumped 37% year-over-year to 170.4 billion

Earnings Results Last Updated: April 27, 2023 at 9:11 p.m. ET First Published: April 27, 2023 at 4:18 p.m. ET Stock pops higher as both PC, data-center businesses exceed expectations Intel reported first-quarter results Thursday. Getty Images A previous version of this article included an inaccurate number for Intel’s second-quarter profit forecast. It has been

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Netflix stock recouped most of initial sell-off. Charging higher monthly fees for sharing passwords will enter US market. The company ended the quarter with more than $2 billion of excess cash and said it would continue buybacks. Subscriber figures appear to be back on growth path. Netflix (NFLX) stock is trading down 1.1% in Wednesday's

AFP via Getty Images TL;DR The latest CPI figures were released this week, with the headline annualized rate falling to 5%, its lowest in almost two years JPMorgan Chase, Wells Fargo and Citi all released their quarterly earnings and it was hugely positive numbers all across the board With so much news hitting us every

Inflation and a slowing economy are...

Earnings Results Last Updated: Feb. 28, 2023 at 8:17 p.m. ET First Published: Feb. 28, 2023 at 4:20 p.m. ET Drug maker warns it may not have enough cash flow to last more than a year as losses come in more than double what Wall Street expected; new chief executive named A vial of Novavax’s

Major businesses' average operating profits may have halved in the fourth quarter of last year as Samsung and LG suffered earning shocks due to inflation and the global economic slowdown.This is raising concerns of a vicious cycle as they cut back on hiring and investments.According to financial inf...