Apple Reports Solid Q2, But Warns Of $4-$8 Bn Hit From Covid, Supply Chain
In the March quarter, the technology giant reported earnings of $25 billion, up 5.8 percent from the year-ago period Read more
Gazprom Profits Soar On High Energy Prices
The group announced a net profit attributable to shareholders of 2.1 trillion rubles ($29 billion). Read more
Meta Shares Soar As Facebook Records Stronger-than-expected Daily User Growth
In its latest results, Meta forecast second-quarter revenue between $28 billion and $30 billion Read more
Samsung Electronics Q1 Operating Profit Jumps 51% On Solid Chip Demand
Revenue rose 19% to a record 77.8 trillion won. Read more
Exclusive-Netflix Inks Japan Studio Deal In Anime Push
The Asia-Pacific region was the lone bright spot in Netflix's first-quarter earnings Read more
Sanders Calls On Biden To Cut Amazon Out Of U.S. Federal Contracts
Biden has ousted government officials deemed by unions to be hostile to labor Read more
Tesla Loses $126 Billion In Value Amid Musk Twitter Deal Funding Concern
Twitter's shares also slid on Tuesday, falling 3.9% to close at $49.68 even though Musk agreed to buy it on Monday for $... Read more
Trump Rules Out Twitter Return As Musk Announces $44 Bn Purchase
The California-based platform has been dogged by complaints from conservatives that it was biased against them Read more
Twitter CEO Tells Employees Company Is In The Dark Over Future Under Musk
Agrawal also told employees there were no plans for layoffs. Read more
Twitter, Under Shareholder Pressure, Begins Deal Talks With Musk -sources
Twitter has not yet decided if it will explore a sale to put pressure on Musk to raise his bid Read more
McDonald's Calls Icahn Demands On Sourcing Pigs Unfeasible, Expensive
McDonald's said that it would require at least 300-400 times the animals housed today in "crate-free" systems to keep it... Read more
Procter & Gamble Profits Rise On Higher Pricing
P&G reported a seven percent jump in revenues to $19.4 billion, due in part to five percent higher pricing. Read more
Ukraine War Slams Brakes On European Car Sales
Several factories in Europe have had to go idle due to the lack of cables, with Volkswagen temporarily suspending produc... Read more
Tesla Reports Q1 Profits Of $3.3 Bn, Topping Expectations
A closely watched focus of analysts has been the impact of Covid-19 lockdowns on Tesla's Shanghai plant. Read more
Netflix Shares Plunge As Subscribers Drop
The streaming television race is heating up, with Disney showing earlier this year that it was closing the gap with mark... Read more