The technology giant faced a strong U.S. dollar and weakening demand for personal computers in its latest financial results.
Category: Company Reports
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GM Reports Increased Profits in Third Quarter Amid High Inflation
General Motors sold more cars in the third quarter after struggling with a shortage of computer chips earlier in the year.
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Coca-Cola Earnings Report Shows Company Raising Prices, Pushing Profits Higher
The soft drink giant’s latest quarterly earnings defied worries about consumer cutbacks amid rising inflation and fragile economic growth.
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G.M. Reports Jump in Profit on Strong Sales
The automaker sold more cars in the third quarter after struggling with a shortage of computer chips earlier in the year.
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Tesla Cuts Prices in China in Sign of Slowing Demand
Shares of the company slumped as investors worried about increasing competition.
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Airlines Cash In as Flexible Work Changes Travel Patterns
Untethered from desks, passengers are flying more often and in different ways. Carriers expect the new habits to endure, despite economic uncertainty.
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Tesla’s Profit Jumped in Third Quarter on Strong Sales
The electric carmaker is growing fast but investors are worried that sales are starting to slow because of higher prices and interest rates.
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Consumer Giants Keep Raising Prices as Profits Come Under Pressure
Nestlé and Procter & Gamble reported resilient earnings as they brought in more money from selling fewer goods.
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Stocks Rise as Corporate Earnings Again Beat Expectations
Another batch of quarterly profits beat analyst expectations, but some warn that the rally could be short-lived, giving way to more selling.
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Netflix Reverses Decline, Adding 2.4 Million Subscribers
Netflix, which has about 223 million subscribers worldwide, will soon introduce a lower-priced service with ads in a bid to attract more customers.
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Goldman Sachs Restructures Its Divisions, Elevating Tech Offerings as Profit Falls
The bank will combine trading and investment banking into one unit; asset management, wealth management and consumer businesses into another; and its digital offerings in a third.