Page 2 - Comparable Quarter News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Last Tuesday, Alphabet (NASDAQ: GOOG)(NASDAQ: GOOGL) reported its revenue returned to double digit growth after more than a year. But although its revenue and earnings both topped estimates, Google-parent stock dropped as cloud revenue fell short. The downward trend was a contrast compared to the rising trend the share prices of its competitors experienced, namely of Microsoft Corporation (NASDAQ: MSFT), Amazon.com Inc (NASDAQ: AMZN) and Meta Platforms (NASDAQ: META). But today, the Google paren

Levi Strauss & Co (NYSE: LEVI) reported muted third quarter earnings while slashing its annual outlook again after already cutting its full year profit guidance three months ago. The iconic denim maker got dragged down by weaker shopping trends, both at department stores and big-box retailers across the U.S such as Macy’s Inc (NYSE: M), Kohl’s Corporation (NYSE: KSS) and Target Corporation (NYSE: TGT). A month ago, Target posted its first quarterly sales decline in six years due to the slowdown

Although Tesla Inc (NASDAQ: TSLA) helped create the EV industry, both in the U.S. and China, it is now facing intense competition on both fronts. Fighting for market share, Tesla started a price war at the beginning of the year. Although price wars tend to eliminate weaker players from the race, Tesla rivals responded on both continents. Ford Motor (NYSE: F) lowered the price of its flagship electric pickup, F-150, and so did Tesla’s rivals in China, BYD Company Limited (OTC: BYDDY), Nio Inc (NY

Nio Inc (NYSE: NIO) reported a wider-than-expected second quarter loss amid its transition to an updated EV platform and worsening China economy. But EV startup is expecting the remaining half of the year to be better as it continues its efforts challenge the EV king Tesla Inc (NASDAQ: TSLA) and China’s best-selling EV brand BYD Company Limited (OTC: BYDDY) as well as its EV startup peers, XPeng Inc (NYSE: XPEV) and Li Auto Inc (NASDAQ: LI). Nio’s Second Quarter Highlights For the quarter ended

A story of sharply divergent quarterly results that began with Target Corporation (NYSE: TGT) and The Home Depot Inc (NYSE: HD) struggling on one side, and Walmart Inc (NYSE: WMT) and The TJX Companies Inc (NYSE: TJX) thriving on the other, continued last week with Foot Locker Inc (NYSE: FL) and Urban Outfitters (NASDAQ: URBN). Last Wednesday, Foot Locker shares plunged 28% as the sneaker retailer slashed its outlook for the second time this year and reported another quarter of falling sales. Ev