Category: Company Reports

Uber’s Revenue Is Up 72 Percent From Last Year, but It Posts a Loss

The ride-hailing company had strong revenue growth, but it still lost money in part because of its investments in other ride-hailing businesses.
Saudi Aramco Reports $42 Billion in Profit as Cash Rolls In

The bumper earnings from the world’s largest oil company were, nonetheless, a slight decline on the previous quarter.
Food Prices Soar, and So Do Companies’ Profits

Some companies and restaurants have continued to raise prices on consumers even after their own inflation-related costs have been covered.
Exxon and Chevron Rack Up Giant Profits

Exxon Mobil and Chevron reported another round of strong profits. But they face political fire over gasoline prices, even as they fear a new downturn.
Exxon and Chevron Rack Up Giant Profits

A fourth straight quarter of robust results came on the back of high oil and natural gas prices.
How Twitter Will Change as a Private Company Under Elon Musk

The social media company went public in 2013. But Elon Musk is taking it private as part of his acquisition of the firm. Here’s what that means.
Amazon Earnings: Return to Profitability But Slow Growth Signaled Ahead

The e-commerce giant, which also turned a profit in its latest quarter, indicated sales in the holiday period might rise at their lowest level since 2001.
Chip Makers, Once in High Demand, Confront Sudden Challenges

Demand for semiconductors was off the charts last year. But a sharp slowdown coupled with new U.S. restrictions against China have created obstacles.
McDonald’s Q3 Earnings: Higher Prices Helped Lift US Sales

The fast-food chain is the latest in a number of companies that have managed to increase prices without seeing a drop in demand.
Shell Reports Earnings of $9.45 Billion, Its Second-Highest Profit

The two European companies reported earnings totaling nearly $20 billion, partly on higher energy prices as Russia’s war in Ukraine continues.
Credit Suisse Unveils Sweeping Revamp to Revive Its Fortunes

The restructuring includes shrinking its investment bank and raising $4 billion in capital from investors, including a state-owned Saudi bank.
Tech’s Biggest Companies Are Sending Worrying Signals About the Economy

A series of quarterly earnings reports is showing that even Silicon Valley’s most powerful companies are feeling the impact of inflation and rising interest rates.