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August 5, 2023
(Bloomberg) -- Amazon.com Inc. Chief Executive Officer Andy Jassy pulled off a financial double play this earnings season: generating strong revenue growth from the core e-commerce business while cutting the pace of spending. Most Read from BloombergS&P 500 Wipes Out Almost 1% Gain; Bond Yields Drop: Markets WrapTrump Cites Self Incrimination Concern in Lawsuit Against CohenElon Musk Says Treasury Bills Are ‘No-Brainer’Apple Faces Longest Sales Drop in Decades as iPhone Slumps...
August 5, 2023
SAN FRANCISCO: Amazon and Apple on Thursday reported earnings that topped market expectations, aiming for even better days ahead with the help of artificial intelligence (AI).
August 5, 2023
SAN FRANCISCO: Amazon and Apple have both reported earnings that topped market expectations, aiming for even better days ahead with the help of artificial intelligence (AI).
August 5, 2023
Amazon's e-commerce business perked up in the three months to June, after months of lacklustre spending amidst a wider, sluggish...
August 4, 2023
The platform formerly known as Twitter has long provided companies with a space to effectively field customer queries and complaints. Will that change as it morphs into X and tweeting leaves the vernacular? Most experts are doubtful.
August 4, 2023
Apple on Thursday forecast that a sales slump would continue into the current quarter, sending shares down despite beating Wall Street sales and profit targets in the fiscal third quarter. Apple shares dropped about 2% after the company predicted what could be the fourth quarter in a row of declining sales. For the just-ended period, strength in services drove the profit beat, but weaker than expected sales of Apple's most famous device, the iPhone, underwhelmed investors.
August 4, 2023
Apple has forecast a sales slump will continue into the current quarter, as the tech giant makes a...
August 4, 2023
Apple shares dropped about 2% after the mixed results and outlook. Strength in services drove the profit beat in the third quarter, but weaker than expected sales of Apples most famous device, the iPhone, underwhelmed investors. Executives said iPhone sales would improve but did not say how much.
August 4, 2023
Under his direction, Amazon fired 27,000 people and pledged to keep headcount flat for the foreseeable future, whacked dozens of projects hatched during Jeff Bezos’s tenure and put multiple businesses under review.
August 4, 2023
Amazon.com Inc. Chief Executive Officer Andy Jassy pulled off a financial double play this earnings season: generating strong revenue growth in the core e-commerce business while cutting the pace of