(Reuters) – A month of darkening sentiment around Facebook Inc among analysts was washed away in an instant when the social media’s earnings report blew through even the most optimistic earnings estimates.
LOS ANGELES (Reuters) – Starbucks Corp on Thursday reported stagnant store traffic at established cafes for the second fiscal quarter, stirring concerns about intense competition from upscale coffee houses as well as fast-food chains and convenience stores.
Western Digital Corp. (WDC) just released its latest quarterly financial results, posting earnings of $3.63 per share and revenues of $5 billion. …read more […]
(Reuters) – U.S. wireless carriers T-Mobile US Inc and Sprint Corp have made progress in negotiating merger terms and are aiming to successfully complete deal talks as early as next week, people familiar with the matter said on Thursday.
Thanks in part to its colossal cloud business, Microsoft earnings are …read more […]
DETROIT (Reuters) – Toyota Motor Corp will invest $170 million in an existing plant in Mississippi to build the next generation of its Corolla sedan, the Japanese automaker said on Thursday.
With the first quarterly earnings report of 2018, Amazon shows no sign of …read more […]
LOS ANGELES (Reuters) – Starbucks Corp on Thursday reported flat traffic at established U.S. cafes for the second quarter in a row amid intense competition from upscale coffee houses as well as fast-food chains and convenience stores.
(Reuters) – Amazon.com Inc’s march in retail and cloud computing showed no sign of slowing on Thursday, as the company reported a surge in first-quarter sales and profit, both ahead of expectations.
(Reuters) – Microsoft Corp topped Wall Street forecasts for quarterly profit as it signed up more businesses to its Azure cloud computing services and Office 365 productivity suite.
Amazon reported first-quarter earnings after the bell on Thursday, sending …read more […]
LOS ANGELES (Reuters) – Starbucks Corp’s sales at established cafes in its U.S.-dominated Americas region grew slightly more than expected in the latest quarter amid increasing competition from upscale independent cafes, convenience stores and fast-food chains.
NEW YORK (Reuters) – U.S. stocks advanced on Thursday with each of Wall Street’s major indexes ending the session up 1 percent or higher, boosted by solid earnings results and a rebound in technology stocks as U.S. bond yields pulled back.
(Reuters) – Amazon.com Inc reported first-quarter revenue and profit on Thursday that trounced analysts’ estimates, driven by a surge in online shopping and higher demand for its cloud services.
The Latest on Bill Cosby’s sexual assault retrial (all times local): 3:55 p.m. A prosecutor says Bill Cosby showed his true colors when he went on an expletive-laced tirade after his conviction on sexual … …read more […]
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