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Tag: Company Reports

Twitter Users Say Elon Musk Should Quit as CEO

Elon Musk asked Twitter users Sunday if he should step down as head of the social media site. More than 17 million votes were...

Amazon, Lyft and Other Tech Companies Announce Job Cuts and Hiring Freezes

SAN FRANCISCO — The technology industry’s slowdown came into even sharper relief on Thursday as Amazon publicly said it had paused hiring for its...

Uber’s Revenue Is Up 72 Percent From Last Year, but It Posts a Loss

Uber on Tuesday reported revenue growth exceeding expectations from Wall Street, suggesting that the company has continued to recover from a pandemic slump as...

Food Prices Soar, and So Do Companies’ Profits

“We have to have healthy margins to be able to build out that innovation and get it to our customers in the market,” Mr....

Apple Earnings: iPhone Powers Growth, but Signs Point to a Slowdown

When Apple released the 16th version of its iPhone in September, some tech reviewers described it as an incremental improvement over earlier models.Apple’s customers...

Microsoft Quarterly Earnings Show Slowest Growth in Five Years

Facing a strong U.S. dollar and weakening personal computer sales, Microsoft on Tuesday reported its slowest growth in five years.The technology giant posted an...

If the Economy Is Shaky, Why Are Company Profits Still Strong?

In its earnings report, Ally Bank, a big auto loan maker, provided data on past-due auto loans in the second quarter for borrowers at...

Twitter’s Earnings Falter as It Fights with Elon Musk

Twitter is embroiled in a grueling legal fight with Elon Musk as he tries to back out of a $44 billion acquisition of the...

Snap Reports User Growth But a Wider Loss in the Second Quarter

Snap, the maker of Snapchat, on Thursday reported its slowest-ever rate of quarterly growth and a wider financial loss, while declining to predict its...

Tesla Sales Slow as the Pandemic Hobbles Production

Tesla said Saturday that vehicle deliveries from April through June fell 18 percent from the first quarter of the year, a rare slowdown for...

How Jack Welch’s Reign at G.E. Gave Us Elon Musk’s Twitter Feed

When Jack Welch died on March 1, 2020, tributes poured in for the longtime chief executive of General Electric, whom many revered as the...

Uber Reports Growth, But Loses $5.6 Billion From Investments

Uber, which had already been spending heavily to lure back drivers who left early in the pandemic, responded in March by charging riders a...

Airlines Expect Booming Travel Ahead. Can They Keep Up?

In all, American has expanded its work force by 12,000 employees, or 10 percent, since last summer. Delta said last week that it had...

Twitter’s Mixed Fourth-Quarter Earnings Show Challenges Ahead

Last year, Twitter executives set ambitious goals for their company, with hopes of attracting more than 100 million new users and doubling revenue by...

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