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Earnings

Shopping

As retailers enter the holiday shopping season, the winners are pulling away from the pack

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Shoppers outside a Target store ahead of Black Friday, in Clifton, New Jersey, Nov. 26, 2024.Victor J. Blue | Bloomberg | Getty ImagesAs the...
Bussiness

Macy’s delays earnings release as it says employee hid up to $154 million in delivery expenses

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A shopper carries a Macy's bag on Market Street in San Francisco, California, US, on Wednesday, Nov. 13, 2024. David Paul Morris | Bloomberg |...
Bussiness

NVIDIA Announces Financial Results for Third Quarter Fiscal 2025

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Record quarterly revenue of $35.1 billion, up 17% from Q2 and up 94% from a year agoRecord quarterly Data Center revenue of $30.8 billion,...
Shopping

Walmart Earnings Bring Good Tidings for the Holidays

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One year ago, Walmart Inc. warned that it had seen a sudden slowdown in spending in the second half of October.Tuesday morning, the retailer...
Bussiness

Warren Buffett’s Fintech Bet Sinks, Earnings Nearly Double

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Brazil-based digital bank Nu Holdings (NU) met earnings expectations for the third quarter late Wednesday. Nu stock, owned by Warren Buffett, tanked below a...
Tech

Amazon Stock Hits New High As Tech Giant Launches Temu Competitor

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Amazon (AMZN) stock is building on its postelection rally by notching another record high Wednesday. Shares of the tech giant are rallying as Amazon...
Shopping

Instacart CEO: Retailer Integrations Streamline Shopping, Drive Growth | PYMNTS.com

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Instacart’s expansion of retailer integrations and the implementation of advanced technology have streamlined the shopping experience,...
Bussiness

Sea Ltd. Stock Jumps As 31% Revenue Growth Beats Expectations

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Singapore-based internet services company Sea Limited (SE) early Tuesday reported third quarter earnings beat expectations, with a stronger-than-expected 31% revenue increase. Sea stock jumped...
Bussiness

Live Nation Execs Are “Hopeful” For Different Antitrust Approach Under Trump

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As Donald Trump prepares to take office more, Live Nation executives believe his administration, and the Department of Justice under Trump will be more...
Bussiness

HYBE’s Net Profit Plunges 99% On Lower Recorded Music, Concert Revenues

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South Korean K-pop giant HYBE said its net profit basically evaporated in the third quarter and total revenue slipped 2% after after the company earned...
Bussiness

Political Ad Surge Propels Fox Corp. Past Wall Street Quarterly Estimates

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Fox Corp. beat Wall Street analysts’ consensus forecast in its fiscal first quarter of 2025, with results driven by a swell of political ad...
Jobs

OpenAI Launches ChatGPT Search, Inbrain Raises $50 Million, Spot AI Spots $31 Million

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It’s earnings week and we’ve heard from Google, Microsoft, Meta and that sales are up. Everyone is making money. They are also spending it...
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