Amazon triples profit, but shares slide (Update)
Online giant Amazon said Thursday its profits more than tripled in the third quarter, but shares fell as the rise was weaker than expected.
Online giant Amazon said Thursday its profits more than tripled in the third quarter, but shares fell as the rise was weaker than expected.
Business
Oct 27, 2016
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Zynga on Thursday announced it is closing its China studio as the social games pioneer reported earnings that disappointed investors.
Business
Feb 12, 2015
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Apple on Monday reported that it raked in billions of dollars as iPhone sales soared to new highs, but that costs of making its coveted devices was squeezing profit.
Business
Oct 28, 2013
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Worldwide shipments of personal computers sank in the recently ended quarter with a strong US dollar weighing down sales, market tracker Gartner reported on Thursday.
Business
Oct 8, 2015
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Netflix on Wednesday said that membership jumped 3.3 million last quarter, crediting original shows such as "Orange is the New Black" that have been hits with viewers.
Business
Jul 15, 2015
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LG Electronics said Thursday its mobile communications division suffered its first operating loss in more than a year, dragging down the company's overall earnings for the third quarter.
Business
Oct 29, 2015
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US computer networking giant Cisco Systems said Wednesday it plans to slash some 6,000 jobs, or eight percent of its global workforce in the coming year.
Business
Aug 13, 2014
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Netflix on Wednesday reported an unprecedented jump in subscribers in the first quarter of this year, pushing the streaming television service membership above 60 million.
Business
Apr 15, 2015
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Online giant Amazon said Thursday profit in the second quarter surged ninefold to $857 million, lifted by cloud services as the tech giant expanded its offerings.
Business
Jul 28, 2016
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Netflix's second-quarter earnings more than doubled as new episodes from a hit series helped the Internet video service surpass 50 million worldwide subscribers for the first time.
Business
Jul 21, 2014
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