The latest quarterly results from Microsoft and Alphabet show that their big investments in artificial intelligence are on different trajectories.
Category: Company Reports
-
G.M. Profit Down 7% in Strike-Affected Quarter
The carmaker reported $3.1 billion in profit from July through September, which included two weeks of walkouts by the United Automobile Workers.
-
Federal Investigators Widen Tesla Inquiry, Company Says
The Department of Justice has sought documents related to vehicle range and “personal benefits,” Tesla said.
-
Nokia to Cut 14,000 Jobs in Major Overhaul at Telecom Giant
After a disappointing quarter, the Finnish technology company announced significant spending cuts.
-
Tesla’s Price Cuts Lowered Its Profit
The carmaker made less money in the third quarter as it cut car prices to attract buyers amid stronger competition.
-
Netflix Adds 9 Million Subscribers in Third Quarter
The streaming service also said its premium ad-free service will now cost $22.99 a month. Its option with ads costs $6.99 a month.
-
For Goldman Sachs, No Bad News Is Good News After a Brutal Stretch
The Wall Street bank disclosed $2 billion in quarterly profit, just above expectations and propelling the bank further in its turnaround.
-
Jamie Dimon Warns of ‘Most Dangerous Time in Decades’ as Banks Report Big Profits
JPMorgan Chase and Wells Fargo said that consumers continued to borrow and spend, but their chiefs warned that risks were intensifying.
-
Goldman Sachs Sells GreenSky BNPL Business
Goldman sells the consumer lender GreenSky after significant losses, less than two years after buying it.
-
Birkenstock Raises $1.48 Billion in Its I.P.O.
Birkenstock is entering the market with hopes to grow its business in Asia and the United States.
-
Birkenstock, the German Sandal Maker, Raises $1.48 Billion in Its I.P.O.
Birkenstock is entering the market with hopes to grow its business in Asia and the United States.
-
Tesla Sales Slip as It Readies Factories for New Models
Analysts expected a decline in sales for the quarter. Still, the dip may raise concerns about flagging demand.