Amazon reported Thursday that its profit in the recently-ended quarter rocketed to $2.9 billion in a ten-fold increase from the same period last year.
Microsoft on Wednesday said its profit in the recently ended quarter soared on the back of revenue from services hosted in the internet cloud and its career-focused social network LinkedIn.
Twitter shares flew higher Thursday after the social network reported a record quarterly profit that helped investors look past a drop in the number of users due to the weeding out of fake and abusive accounts.
The US aerospace giant Boeing opened its first manufacturing plant in Europe on Thursday, giving a boost to Britain's business credentials ahead of its impending exit from the European Union.
Google said Thursday it had fired 48 employees in the past two years—including 13 senior executives—as a result of sexual harassment allegations, citing "an increasingly hard line" on inappropriate conduct.
Telecom networks provider Nokia reported Thursday lower third-quarter earnings and said it would start a new cost-cutting program as it waits for demand for the new 5G systems to pick up.