Online gaming platform Roblox missed estimates for second-quarter bookings on Wednesday as waning demand for its online games and intensifying competition hurt growth, sending its shares down nearly 20%. Shares …
Amazon on Thursday reported sales growth and profit ahead of Wall Street’s expectations, as the company delivered goods faster and more cheaply to shoppers and as recent cloud-computing headwinds began to …
Apple’s stay as the world’s only $3 trillion company was short-lived Friday — a day after the company reported its third consecutive quarter of declining sales due to weak iPhone …
Apple forecast a sales slump would continue into the current quarter, sending shares down despite beating Wall Street sales and profit targets in the fiscal third quarter. Apple shares dropped about 2% …
Meta Platforms on Wednesday reported a quick rise in advertising revenue, topping Wall Street financial targets for the second quarter and forecasting third-quarter revenue above market expectations. The results from Meta come a day …
Alphabet’s second-quarter profit exceeded Wall Street expectations on Tuesday and the Google parent announced that its long-time CFO Ruth Porat would assume a new role while the company sought a new finance chief. …
Tesla on Wednesday handily beat quarterly profit estimates and reported automotive gross margin in line with Wall Street expectations, signaling it was gaining ground in the electric-vehicle price war ignited by …