Tag: Company Reports

If the Economy Is Shaky, Why Are Company Profits Still Strong?

In its earnings report, Ally Bank, a big auto loan maker, provided…

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Big Tech Is Proving Resilient as the Economy Cools

No boom can last forever, even for the technology industry’s most affluent…

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Meta Reports First Revenue Decline and 36 Percent Profit Drop

SAN FRANCISCO — For years, Facebook’s sales grew without fail and kept…

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Twitter’s Earnings Falter as It Fights with Elon Musk

Twitter is embroiled in a grueling legal fight with Elon Musk as…

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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…

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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…

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Electric Car Sales Climb Sharply Despite Shortages

Americans are buying electric vehicles at a record pace, undeterred by rising…

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Tesla Sales Slow as the Pandemic Hobbles Production

Tesla said Saturday that vehicle deliveries from April through June fell 18…

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GM Quarterly Sales Fall Amid Shortage in Computer Chips and Other Parts

The auto industry is facing worrying signs all across its horizon, including…

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