Amazon profit jumps while revenue misses mark (Update)
Amazon reported on Thursday that profit leapt during the year-end holiday shopping season, but the tech giant saw shares sink as revenue fell shy of high expectations.
Amazon reported on Thursday that profit leapt during the year-end holiday shopping season, but the tech giant saw shares sink as revenue fell shy of high expectations.
Business
Feb 2, 2017
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Yahoo said Monday its $4.8 billion deal to sell its core internet assets to US telecom titan Verizon has been delayed several months.
Business
Jan 23, 2017
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International Business Machines Corp. (IBM) on Thursday reported fourth-quarter profit of $4.5 billion.
Business
Jan 19, 2017
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Facebook on Wednesday delivered another blockbuster earnings performance, showing solid growth in mobile ad revenues as the social network expands into new services.
Business
Nov 2, 2016
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French lawmakers backed on Friday a proposal to increase taxes on people renting their homes, cars and other goods on the internet when their earnings exceed a certain amount.
Business
Oct 28, 2016
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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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Swedish mobile networks company Ericsson said Wednesday it has named longtime board member Borje Ekholm as its new CEO, in a bid to turn around the company amid a decline in the industry.
Business
Oct 26, 2016
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SK Hynix Inc., the world's second largest chipmaker, posted third quarter earnings Tuesday that beat analyst expectations on rising demand from mobile and PC manufacturers and a pickup in semiconductor prices.
Business
Oct 25, 2016
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Yahoo beat expectations on Tuesday with quarterly earnings that showed profit more than doubled to $163 million despite only a slight rise in revenue.
Business
Oct 18, 2016
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Mobile networks company Ericsson saw its share price plummet by almost a fifth on Wednesday after saying that its third quarter earnings this year will be "significantly lower" than expectations and it predicts no improvement ...
Business
Oct 12, 2016
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