Finance News Archives | Page 127 Of 198

China’s Xpeng delivers over 30,000 vehicles for the sixth consecutive month

People visit XPENG booth at 2025 Spring International Auto Show in Qingdao, Shandong province, China, on March 7, 2025. Cfoto | Future Publishing | Getty Images Chinese electric vehicle maker Xpeng delivered 35,045 vehicles in April, sustaining its record of delivering more than 30,000 vehicles for the sixth consecutive month. That represents a 273% year-on-year […]

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Venmo gaining ground in payments as Cash App struggles

Finance News

In the increasingly crowded market for peer-to-peer payments, Venmo is showing momentum while Cash App has hit a rough patch. The parents of both businesses reported quarterly results this week. PayPal, which owns Venmo, reported an earnings beat and kept its forecast for the year. Block, meanwhile, plummeted in extended trading on Thursday after the

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Apple has managed tariffs so far, but Cook says it’s tough to predict beyond June

Finance News

Apple CEO Tim Cook, after nearly a month of anticipation from investors, on Thursday finally revealed how Apple was navigating the Trump administration’s tariffs. The company only saw a “limited impact” on tariffs between January and the end of March, Cook told investors on an earnings call for the company’s second quarter results. For the

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Block shares plunge 18% as company takes ‘cautious stance,’ issues weak guidance for year

Finance News

Block reported first-quarter results that missed Wall Street expectations on Thursday and issued a disappointing outlook. The stock tumbled 15% in extended trading. Here is how the company did, compared to analysts’ consensus estimates from LSEG. Earnings per share: 56 cents adjusted. That figure may not be comparable to estimates. Revenue: $5.77 billion vs. $6.2

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Amazon CEO Jassy says he’s ‘optimistic’ company could emerge from tariff uncertainty stronger

Finance News

Amazon CEO Andy Jassy speaks during a keynote address at AWS re:Invent 2024, a conference hosted by Amazon Web Services, at The Venetian Las Vegas on December 3, 2024 in Las Vegas, Nevada. Noah Berger | Getty Images Amazon CEO Andy Jassy looked to reassure investors on the company’s first-quarter earnings call on Thursday, saying

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Amazon’s ad business grew 19% in first quarter, topping estimates

Finance News

A woman cleans the store window of the Amazon house after activists sprayed paint on its logo during a protest on the opening day of the 55th annual meeting of the World Economic Forum in Davos, Switzerland, on Jan. 20, 2025. Yves Herman | Reuters Amazon reported a 19% increase in online ad revenue in

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Airbnb issues disappointing revenue guidance for second quarter

Finance News

Airbnb CEO Brian Chesky appears at “The Game Plan: Strategies for Entrepreneurs” at Airbnb Open in Los Angeles on Nov. 19, 2016. Kurt Krieger – Corbis | Getty Images Entertainment | Getty Images Airbnb reported results for the first quarter that were mostly in line with estimates, but the company issued a disappointing revenue forecast

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Apple reports second-quarter earnings after the bell

Finance News

Apple CEO Tim Cook greets former President Barack Obama at the inauguration of U.S. President Donald Trump at the U.S. Capitol Rotunda in Washington, D.C., on Jan. 20, 2025. Julia Demaree Nikhinson | Getty Images Apple reports fiscal second-quarter earnings Thursday after the bell. Wall Street is eager to hear from Apple for the first

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Amazon reports first-quarter earnings after the bell

Finance News

Amazon CEO Andy Jassy speaks during an Amazon Devices launch event in New York City, Feb. 26, 2025. Brendan McDermid | Reuters Amazon is slated to announce its first-quarter earnings after the market close on Thursday. Here’s what analysts are looking for: Earnings per share: $1.36 expected, according to LSEG Revenue: $155.04 billion expected, according

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Microsoft pops 9% after earnings beat, on pace for best day in 5 years

Finance News

Satya Nadella, CEO of Microsoft, speaking on CNBC’s “Squawk Box” outside the World Economic Forum in Davos, Switzerland, on Jan. 22, 2025. Gerry Miller | CNBC Microsoft shares popped 9% Thursday after the software giant issued strong guidance, and robust cloud growth drove a top-and-bottom line beat in the third quarter. Shares are on pace

Microsoft pops 9% after earnings beat, on pace for best day in 5 years Read More »

China’s Xpeng delivers over 30,000 vehicles for the sixth consecutive month

Venmo gaining ground in payments as Cash App struggles

Apple has managed tariffs so far, but Cook says it’s tough to predict beyond June

Block shares plunge 18% as company takes ‘cautious stance,’ issues weak guidance for year

Amazon CEO Jassy says he’s ‘optimistic’ company could emerge from tariff uncertainty stronger

Airbnb issues disappointing revenue guidance for second quarter

Apple reports second-quarter earnings after the bell

Amazon reports first-quarter earnings after the bell

Microsoft pops 9% after earnings beat, on pace for best day in 5 years

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