corporate earnings
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Business
Microsoft sends shockwaves through tech sector after signaling AI payoff will take longer
Microsoft predicted quarterly growth for its Azure cloud platform below estimates on Tuesday and said its capital spending would rise this…
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Tech
Tesla stock falls 8% as growing competition squeezes profits
Tesla shares dropped more than 8% in premarket trading on Wednesday after Elon Musk’s electric car maker reported its second…
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Business
Google parent Alphabet posts 29% jump in profit on digital ad growth, AI offerings
Alphabet beat second-quarter revenue and profit estimates on Tuesday, driven by a rise in digital advertising sales and healthy demand for…
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Tech
Tesla revenue misses estimates as price cuts dent profit
Tesla’s second-quarter margin dipped as price cuts and incentives to spur sagging demand continued to hurt the bottom line while…
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Business
Nike posts surprise drop in sales, sending shares tanking
Nike on Thursday forecast a surprise drop in fiscal 2025 sales, after disappointing fourth-quarter sales laid bare the company’s weakening market…
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Tech
Google testing ads in AI-powered search as news publishers warn of looming disaster
Google unveiled plans to place advertisements directly in its new AI-powered search results – adding fuel to concerns by news…
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Tech
Nvidia shares jump after AI chip maker unveils stock split, rosy sales forecast
Nvidia forecast quarterly revenue above estimates on Wednesday and announced a stock split, lifting its shares to record-high territory and impressing…
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Tech
Trump Media & Technology posts $327M loss on little revenue
Trump Media & Technology Group, the owner of former President Donald Trump’s social networking site Truth Social, lost more than $300…
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Business
Tyson Foods’ shares tumble 9% as inflation crimps meat demand
Shares of meatpacking giant Tyson plunged more than 9% — the stock’s worst day since August — after the company…
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Tech
Apple stock rallies after record-setting $110B stock buyback
Shares of Apple climbed 6% Friday after the iPhone maker announced a record-setting buyback program on the heels of second-quarter…
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