The tech giant’s sales of apps and services helped profit grow 7 percent from a year ago, even as the company contended with slumping sales in China.
Category: Company Reports
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Tesla’s Profit Fell Sharply Last Year
The electric car company run by Elon Musk is facing increasing competition, but investors have focused mostly on the prospects for Tesla’s self-driving technology.
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Starbucks Reports Weak Earnings as It Tries to Woo Back Customers
Traffic is down, but improving. “Much of our work is just beginning,” said Brian Niccol, the chief executive.
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S&P 500 Hits Record High Amid Strong Earnings and Easing Inflation Concerns
Corporate earnings are coming in strong. Investors are also seeing the Trump administration take a less aggressive approach to tariffs than some had expected.
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Netflix Adds 19 Million Subscribers in Quarter
The company said those results were buoyed by programming in recent months that exceeded internal expectations.
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UnitedHealth’s Revenues Rise, in First Earnings Report Since CEO’s Killing
But high medical costs contributed to results that disappointed Wall Street, and the company’s stock fell on the news that it had made less than analysts expected.
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JPMorgan Chase, Wells Fargo and Goldman Sachs Report Big Profits
The largest banks, including JPMorgan Chase, Wells Fargo and Goldman Sachs, reported bumper profits on Wednesday.
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Starbucks Visitors Must Now Buy Something to Stay or Use Bathroom
Starbucks said visitors to the coffee shops would be required to buy something in order to use the restroom or stay in the store, as the company’s new chief executive responded to a decline in sales.
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As Delta Reports Profits, Airlines Are Optimistic About 2025
The industry is enjoying a strong demand for tickets and rising profits, but it remains vulnerable to unexpected problems like a recession or a surge in inflation.
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Bitcoin Is Luring More Companies and Their Cash
It is a sharp pivot away from the cautious approach of the traditional corporate treasury, normally charged with safeguarding cash rather than chasing higher returns.
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Ford and General Motors Report a Sales Surge, Especially for E.V.s
The two big automakers said 2024 sales were up by 4 percent thanks to big increases in the final quarter.
