Amazon sales surge, but spending bites into profit (Update)
Internet colossus Amazon on Thursday reported its profit shrank in the recently ended quarter despite surging sales as it poured money into growth.
Internet colossus Amazon on Thursday reported its profit shrank in the recently ended quarter despite surging sales as it poured money into growth.
Business
Jul 27, 2017
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Cisco Systems Inc. said Wednesday that it is laying off 1,100 more workers, deepening job losses at the internet gear maker battling declining revenue.
Business
May 18, 2017
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AT&T Inc. on Tuesday said it lost more of its most lucrative wireless customers during the first three months of the year as the country's biggest mobile carriers try to lure customers from each other with offers of unlimited ...
Telecom
Apr 26, 2017
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Google parent Alphabet on Thursday reported that its profit in the final three months of last year climbed on growth in mobile search and video-sharing service YouTube.
Business
Jan 26, 2017
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International Business Machines Corp. (IBM) on Thursday reported fourth-quarter profit of $4.5 billion.
Business
Jan 19, 2017
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German business software company SAP SE on Friday reported third-quarter earnings of $814.6 million.
Business
Oct 21, 2016
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Netflix Inc. (NFLX) on Monday reported third-quarter profit of $51.5 million.
Business
Oct 18, 2016
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Shares of Alibaba jumped on Thursday as the Chinese e-commerce powerhouse added shoppers and mobile revenue surged.
Business
Aug 11, 2016
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Online giant Amazon said Thursday profit in the second quarter surged ninefold to $857 million, lifted by cloud services as the tech giant expanded its offerings.
Business
Jul 28, 2016
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Baidu shares jumped Thursday after the Chinese Internet giant reported quarterly earnings that topped Wall Street expectations.
Business
Feb 26, 2016
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