If the Economy Is Shaky, Why Are Company Profits Still Strong?
In its earnings report, Ally Bank, a big auto loan maker, provided…
Big Tech Is Proving Resilient as the Economy Cools
No boom can last forever, even for the technology industry’s most affluent…
Meta Reports First Revenue Decline and 36 Percent Profit Drop
SAN FRANCISCO — For years, Facebook’s sales grew without fail and kept…
Twitter’s Earnings Falter as It Fights with Elon Musk
Twitter is embroiled in a grueling legal fight with Elon Musk as…
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…
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…
Electric Car Sales Climb Sharply Despite Shortages
Americans are buying electric vehicles at a record pace, undeterred by rising…
Tesla Sales Slow as the Pandemic Hobbles Production
Tesla said Saturday that vehicle deliveries from April through June fell 18…
GM Quarterly Sales Fall Amid Shortage in Computer Chips and Other Parts
The auto industry is facing worrying signs all across its horizon, including…