Earnings
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World
These tech giants are still making money, but layoffs are coming hard and fast
Google and Facebook parent Meta are some of the companies that have laid off workers in recent months. Beata Zawrzel…
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Geely shares jump after automaker beats revenue expectations for 2022
Chinese automaker Geely beat revenue expectations for 2022, sending shares surging Wednesday. Shares of Geely spiked as much as 7%,…
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Nike holiday quarter beats expectations but inventories weigh on margins
People wearing protective face masks walk past the closed Nike store on 5th Avenue, during the outbreak of the coronavirus…
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GameStop stock soars after retailer posts first quarterly profit in two years
A GameStop store operates in a strip mall on March 16, 2023 in Chicago, Illinois. Scott Olson | Getty Images…
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The Fed is likely to hike rates by a quarter point but it must also reassure it can contain a banking crisis
U.S. Federal Reserve Chair Jerome Powell addresses reporters after the Fed raised its target interest rate by a quarter of…
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Shares of Indonesia’s GoTo fall more than 4% as 2022 loss swells to $2.6 billion
GoTo Group posted a wider full-year 2022 net loss of 40.4 trillion rupiah ($2.63 billion) in its latest earnings report.…
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Adobe lifts profit forecast for fiscal 2023 and beats estimates on quarterly results
Shantanu Narayen, CEO of Adobe, attends a media event in Mumbai on May 3, 2017. Abhijit Bhatlekar | Mint |…
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BMW expects higher margin and deliveries in 2023 amid electric rollout
Spencer Platt | Getty Images News | Getty Images German automaker BMW on Wednesday set out targets to slightly increase…
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Volkswagen announces five-year $193 billion investment plan as electrification gathers pace
Electric car models of the Volkswagen Group Volkswagen ID.3, Seat Cupra Born, Volkswagen ID.4, Audi Q4 e-tron, Volkswagen ID.5 GTX…
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Consumer inflation may have cooled in February but only slightly
Consumer inflation may have cooled off a little in February, but economists expect it is still running at a high…
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