Amazon’s push for one-day delivery dents profits, costs up 21%
Amazon.com Inc on Thursday reported its first profit miss in two years and said income would slump in the current quarter, as the online retailer...
Alphabet second-quarter revenue beats estimates; shares soar
Alphabet Inc reported quarterly revenue and earnings that beat expectations on Thursday, easing concerns about the short-term growth challenges facing Google, YouTube and the company’s...
Intel eases chip demand concerns with raised forecast, shares gain
Intel Corp forecast current-quarter profit and revenue above estimates and raised its full-year revenue forecast on Thursday, allaying concerns about a global semiconductor sales slowdown...
Intel beats estimates, raises full-year revenue forecast; shares up 6%
Intel Corp beat analysts’ estimates for quarterly profit and raised its full-year revenue forecast on Thursday, raising hopes that a recent slump in chip demand...
Starbucks same-restaurant sales beat on U.S., China growth; shares rise
Starbucks Corp third-quarter sales at established stores surpassed estimates, getting a jolt from its two biggest markets, the United States and China, and sending its...
Apple to buy majority of Intel’s modem chip business for $1 billion
Apple Inc said on Thursday it would buy the majority of Intel Corp’s smartphone modem business for $1 billion, months after the chipmaker announced plans...
Amazon misses second-quarter profit estimates on higher costs
Amazon.com Inc on Thursday reported second-quarter profit below analysts’ estimates, as the world’s biggest online retailer spent more money on faster delivery of packages to...
T-Mobile beats estimates for phone subscribers
T-Mobile US Inc on Thursday beat analysts’ estimates for second-quarter net new phone subscribers who pay a monthly bill, boosted by the U.S. mobile carrier’s...
Wall Street gives up record high following weak results, Draghi
Wall Street fell from record highs on Thursday following a flurry of downbeat quarterly results from Ford Motor and other companies and after European Central...
Alphabet second-quarter revenue beats estimates
Google-parent Alphabet Inc beat Wall Street estimates for quarterly revenue on Thursday, benefiting from advertisers spending more on its search and YouTube services....