People pass walk outside a Verizon Store on the 42nd Street on February 22, 2024. In New York City. View Press | Corbis News | Getty ImagesVerizon Communications added more wireless subscribers than expected in the second quarter, it reported on Monday, boosted by strong demand for its flexible plans that...
A sign showing the American Express logo is seen outside of a restaurant in Des Plaines, Illinois. Justin Sullivan | Getty Images News | Getty ImagesCredit card giant American Express raised its full-year profit forecast on Friday, as its wealthy customers persisted in splurging on travel, dining and entertainment.The company...
Nick Hayek, CEO of Swatch Group, at the Swatch ETA factory in Grenchen, Switzerland, in 2023.Bloomberg | Bloomberg | Getty ImagesSwatch Group reported a steep fall in first half sales and earnings on Monday as the world's biggest watchmaker struggled with weaker demand in China.The Swiss-based maker of Tissot,...
A logo of Taiwan Semiconductor Manufacturing Company (TSMC) is seen during the TSMC global RnD Center opening ceremony in Hsinchu on July 28, 2023. (Photo by Amber Wang / AFP)Amber Wang | Afp | Getty ImagesTSMC, the world's largest contract chipmaker, reported strong growth in second-quarter revenue on Wednesday...
In this photo illustration a Prosus logo is seen on a smartphone and a pc screen.Sopa Images | Lightrocket | Getty ImagesDutch technology investor Prosus core headline earnings jumped 84% in the year to March 31, helped by a strong performance in e-commerce operations, it said on Monday.Its core...
Customers shop for used vehicles at a CarMax dealership in Lexington, Kentucky.Luke Sharrett | Bloomberg | Getty ImagesCarMax reported a 33% fall in first-quarter profit on Friday, as lower margins from vehicles sold continued to impact the used-vehicle industry.Pre-owned vehicle retailers have had a bumpy ride with profitability worsening...
A shopper enters Spanish retail store Zara, a brand under the umbrella of multinational apparel conglomerate Inditex.Sopa Images | Lightrocket | Getty ImagesZara owner Inditex grew its sales by 7% in the first quarter of its fiscal year, it said on Wednesday, in line with analysts' expectations. The performance...
A close-up of the Workday logo on its headquarters in Pleasanton, California.Smith Collection | Archive Photos | Getty ImagesHuman resources software provider Workday cut its annual subscription revenue forecast on Thursday, citing concerns about lower customer headcount growth as a hiring slowdown and IT budget cuts soften demand for...
An Airbus A321-231 from Wizz Air is taking off from Barcelona Airport in Barcelona, Spain, on Feb. 23, 2024.Nurphoto | Nurphoto | Getty ImagesEuropean low-cost airline Wizz Air forecast a higher annual profit on Thursday on the back of a strong summer and robust travel demand, after swinging to...
ZHEJIANG, CHINA - MARCH 16 2023: A view of the logo of ERNIE Bot, an AI chatbot service developed by Chinese search engine Baidu, March 16, 2023.Long Wei | Future Publishing | Getty ImagesChina's Baidu beat analysts' estimates for first-quarter revenue on Thursday, driven by a recovery in advertising...