Earnings

Earnings are the net benefits of a corporation's operation. Earnings is also the amount on which corporate tax is due.

Airbnb Finds ‘Jobs Via Laptop’ Enabling Long-Term Rentals
Airbnb Finds ‘Jobs Via Laptop’ Enabling Long-Term Rentals
August 04, 2023  |  Connected Economy

The shift to remote work during the pandemic still drives changes in the travel and hospitality industries. For short-term rental platform Airbnb, customers’ ability to work...

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Expedia Sees ‘Tremendous Momentum’ in B2B Segment
Expedia Sees ‘Tremendous Momentum’ in B2B Segment
August 04, 2023  |  Travel Payments

Travel website Expedia has a well-known consumer-facing website, but it also delivers a growing number of products behind the scenes. The company is seeing “tremendous...

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Booking Holdings Brands Working Together to Deploy AI
Booking Holdings Brands Working Together to Deploy AI
August 04, 2023  |  artificial intelligence

Booking Holdings’ brands are sharing among themselves what they’ve learned as they develop and implement artificial intelligence (AI)-powered tools. So said Booking Holdings CEO Glenn...

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Amazon: Buy With Prime Boosts Merchants’ Shopper Conversion 25%
Amazon: Buy With Prime Boosts Merchants’ Shopper Conversion 25%
August 04, 2023  |  Amazon

Merchants using Amazon’s Buy with Prime are seeing their shopper conversion increase by 25%. That’s been the company’s finding in merchants’ early trials of this...

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Alphabet Reduces Stakes in Robinhood, Duolingo and 23andMe
Alphabet Reduces Stakes in Robinhood, Duolingo and 23andMe
August 04, 2023  |  Connected Economy

Alphabet, Google’s parent company, has sold off portions of its shares in several publicly traded companies. Among them are the trading platform Robinhood, in which Alphabet...

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DraftKings: Average Monthly Unique Players Surge 44% to 2.1 Million
DraftKings: Average Monthly Unique Players Surge 44% to 2.1 Million
August 04, 2023  |  Earnings

DraftKings posted second-quarter earnings results that showed increased presence within the online betting space, a boost in average users and gains in revenues per user....

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Declining Consumer Spend May Deepen Container Shipping Slowdown
Declining Consumer Spend May Deepen Container Shipping Slowdown
August 04, 2023  |  Shipping

Danish shipping giant Maersk reported a sharp fall in second-quarter earnings on Friday (Aug. 4) as global demand for the shipping of containers by sea continues its...

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Apple CEO: Apple Pay’s Convenience Drives Record Payment Services Revenue
Apple CEO: Apple Pay’s Convenience Drives Record Payment Services Revenue
August 04, 2023  |  Apple

The convenience of Apple Pay and the addition of new products helped Apple set an all-time revenue record in the payment services category during the...

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Amazon’s Ecosystem Gains Traction as Third-Party Sellers Revenue Soars 18.1%
Amazon’s Ecosystem Gains Traction as Third-Party Sellers Revenue Soars 18.1%
August 04, 2023  |  Amazon

Amazon’s movement to create a commerce ecosystem well beyond simply logging sales on its platform showed up in second-quarter earnings results, as sales gleaned from...

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