Browsing: Profits
Old Hollywood is finally doing what Netflix Inc. has been doing for over a decade: making money from streaming. With…
Microsoft and Meta profits are soaring but their stocks are sagging because both companies aren’t building data centers fast enough
By Press Room
NEW YORK (AP) — Wall Street is feeling the downside of high expectations on Thursday, as Microsoft and Meta Platforms drag U.S. stock indexes…
German giant Siemens beat profit estimates on the back of AI boom and demand for electrification
By Press Room
German industrial giant Siemens said Thursday its quarterly profits jumped sharply, driven by demand for production software as well as…
Topline Meta shares soared during premarket trading on Thursday, extending a rally from the day before after the social media…
Adidas predicts profit boost due to strong demand for the classic Samba – whilst continuing to shed Yeezy stock
By Press Room
Adidas AG raised its profit target for the year amid strong demand for classic sneakers like the Samba and a…
Stellantis CEO warns of EV ‘bloodbath’ and ‘race to the bottom’ if car makers follow Elon Musk’s lead and start cutting prices
By Press Room
As EV demand cools, Elon Musk has stayed ahead of the field by cutting prices for Tesla’s flagship cars and…