Most economists say US already in recession or could be soon: survey
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Tag: corporate earnings
Snapchat’s parent warns of slowing ad growth from inflation
Snap on Thursday forecast no revenue growth in the typically busy holiday quarter, sending a warning signal that rising inflation ...
Netflix gains 2.4M new subscribers, reversing slump
Netflix reversed customer losses and provided a slightly more bullish outlook than Wall Street expected, projecting a new ad-supported streaming option ...
Rite Aid executives bemoan out-of-control NYC shoplifting at stores
Top Rite Aid executives grumbled about a widespread shoplifting problem in New York City after the retailer reported worse-than-expected quarterly ...
Disney theme parks lift Q3 earnings amid streaming growth
Disney reported better-than-expected third-quarter earnings Wednesday, aided by its theme parks and continued growth of its all-important Disney+ service. The ...
Grubhub owner jokes about Katy Perry ad, takes $3B writedown
Just Eat Takeaway.com, Grubhub’s parent and Europe’s largest meal delivery company, on Wednesday reported a smaller loss for the first ...
Uber shares soar as quarterly revenue more than doubles
Uber continued to build momentum in the second quarter with Americans heading back to offices and gross bookings hit an ...
‘many teams are going to shrink’
Meta CEO Mark Zuckerberg said Wednesday that he expects to trim the workforce at the parent of Facebook and Instagram ...
Microsoft earnings hurt by slowing PC sales, stronger dollar
Microsoft missed estimates for quarterly revenue on Tuesday, hurt by a stronger dollar, slowing sales of PCs and lower advertiser spending. The ...
Alphabet’s Google posts higher quarterly revenue
Alphabet on Tuesday barely missed estimates for quarterly revenue, showing that its industry-leading Google search and advertising business may be able to withstand ...
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