Tag: Sales Figures

Tesla tops $1 billion in profit, delays Semi launch

Tesla Inc.’s profit topped $1 billion for the first time in the company’s history and its sales nearly doubled, zooming past Wall Street expectations, but...

You know who doesn’t hate Facebook? Wall Street

Excuse us if you’ve heard this song before: Facebook Inc. — under siege from the president and his predecessor, the Federal Trade Commission, a bestselling...

Opinion: Intel appears to be feeling the competitive heat from AMD

Intel Corp.’s data-center sales keep declining as Advanced Micro Devices Corp.’s sales keep growing, and it seems Intel is finally doing something about it. While...

Intel stock ticks lower as outlook barely clears Wall Street expectations following beat

Intel Corp. shares weakened in the extended session Thursday after the chip maker topped expectations, but its outlook barely surpassed the average forecast from Wall...

IBM stock gains after earnings show second consecutive quarter of sales growth

International Business Machines Corp. reported revenue growth for a second consecutive quarter Monday afternoon, beating expectations and sending shares higher in extended trading. IBM  IBM,...

Why online-travel giant Booking is getting into the fintech game

Add Booking Holdings Inc. to the list of e-commerce companies betting that a tighter control over the payments process will create a better experience for...

Dow futures drift higher as investors watch for retail sales to end the week

U.S. stock-index futures on Friday were trading slightly higher ahead of a data on June retail sales, after a week featuring assurances by Federal Reserve...

Electric-car sales in China are expected to double this year

Sales of electric vehicles in China are likely to double this year, with Chinese EV makers sidestepping chips and parts shortages and getting creative around...

Existing-home sales slump as momentum slows in the housing market

The numbers: Existing-home sales fell for the fourth consecutive month, as buyers continue to face major hurdles in becoming homeowners. Existing-home sales fell 0.9% to...

European stocks tumble, tracking Wall Street losses, as Fed’s hawkish turn reveberates

European stocks tumbled Friday, with banks and energy companies leading declines, as investors continued to absorb a hawkish turn by the Federal Reserve and Wall...

Oracle stock falls despite earnings beat, CEO expects to push more money toward cloud efforts

Oracle Corp. blew away expectations for earnings and sales to close out its fiscal year Tuesday, but shares dipped as executives revealed plans to spend...

American Airlines joins Southwest in extending suspension of alcohol sales

American Airlines is joining Southwest Airlines in holding off on resuming in-flight alcohol sales following an assault against a flight attendant last week. The moves...

Opinion: The pandemic PC boom is still happening, but twin dangers loom

After more than a year into COVID-19 pandemic, people are still buying personal computers in massive numbers, but PC makers face increasing costs to build...

American Eagle sales could quadruple with demand for mom jeans and loose denim styles on the rise

American Eagle Outfitters Inc. is set to soar, according to UBS. The apparel and accessories retailer reported first-quarter earnings and revenue that beat expectations, but...

Nvidia sales hit records again amid chip shortage, and earnings outlook suggests more to come

Nvidia Corp. broke several quarterly sales records and forecast revenue growth as much as $1 billion above Wall Street estimates for the current quarter Wednesday,...

China’s Economic Recovery Slowed in April

BEIJING—China’s economic activity grew at a slower pace in April as retail sales missed expectations, complicating the picture of a steady and balanced recovery in...

Caesars loses more than $400 million in a quarter, and that is an improvement

Caesars Entertainment Inc. continued to battle its way back from the COVID-19 pandemic at the start of 2021, pushing quarterly losses under half a billion...

Google ad sales push Alphabet earnings to record, stock heads toward new high

Google parent Alphabet Inc. rang up record profits for a third straight quarter during the pandemic, catapulting shares 5% toward a record stock high in...

Opinion: Intel’s data-center customers may be ‘digesting,’ but AMD’s buffet is wide open

While Intel Corp. says data-center customers are “digesting,” they seem to still be bellying up to a longtime rival’s buffet. Advanced Micro Devices Inc.’s server-chip...

AMD stock rises as earnings top Street view, data-center sales more than double

Advanced Micro Devices Inc. rose in the extended session Tuesday after the chip maker said data-center revenue more than doubled and results topped Wall Street...

Tesla’s first-quarter sales rise more than 70%, but stock slips

Tesla Inc. stock fell nearly 2% late Monday after the Silicon Valley electric-car maker reported mixed first-quarter earnings, with sales slightly below the mark and...

U.S. stocks push higher as investors shake off tax jitters

Stocks traded higher Friday, lifted by data indicating an acceleration in private-sector economic activity and another round of red-hot new home sales, after markets dipped...

Opinion: Intel’s new CEO has another big problem to fix

Intel Corp.’s new chief executive, Pat Gelsinger, has another urgent problem to deal with, in addition to restoring the chip giant’s manufacturing business to its...

Coinbase CEO Brian Armstrong raised more than $290 million with share sales, and Fred Ehrsam raised nearly $112 million

Coinbase Global Inc. co-Founders Brian Armstrong and Fred Ehrsam, as well as other insiders, raked in a whole lot of fiat money when the cryptocurrency...

Wingstop gave investors a peek at Q1 results and may have set the bar too high

Wingstop Inc.’s WING, +6.81% decision to pre-release first-quarter results may have some unintended consequences for the chain of aviation-themed restaurants specializing in chicken wings, Stifel...