US tech titans battered by economic headwinds and TikTok
One analyst says this week will go down in the history books of earnings season as one of Big Tech’s worst. Read more at straitstimes.com.
Source: straitstimes.com
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One analyst says this week will go down in the history books of earnings season as one of Big Tech’s worst. Read more at straitstimes.com.
US tech titans buffeted by economic headwinds and TikTok
US tech titans looking to the future are seeing growth take a beating in the face of foreign competition and a tough economy in the here and now.
Amazon on Thursday said that its profit in the third quarter slipped more than 9 percent to $2.9 billion, despite an uptick in sales helped by Prime day bargains.
Amazon warns of meager holiday season sales growth