Earnings

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

Economic Data Shows Inflation Still Threatens Discretionary Spending
Economic Data Shows Inflation Still Threatens Discretionary Spending
April 28, 2023  |  Economy

Inflation is cooling, but its stubborn entrenchment is leading consumers to reconsider where and even whether to spend their dollars. The Bureau of Economic Analysis...

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Big Tech Leans on AI to Stabilize After Brutal Year
Big Tech Leans on AI to Stabilize After Brutal Year
April 28, 2023  |  Big Tech

It has been a challenging period for even the largest players in the tech industry. But this week’s earnings show that sector leaders like Amazon,...

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Pinterest Inks Deal With Amazon Ads to Fuel Shoppable Content 
Pinterest Inks Deal With Amazon Ads to Fuel Shoppable Content 
April 28, 2023  |  Social Commerce

In an effort to create more shoppable content, Pinterest has inked a multiyear deal with Amazon Ads to enhance the platform’s offering of relevant products...

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Amazon’s Third-Party Seller Services Segment Logs 20% Growth
Amazon’s Third-Party Seller Services Segment Logs 20% Growth
April 27, 2023  |  Amazon

Amazon’s results showed slowing eCommerce growth, but the firm logged double-digit gains in third-party seller services as it continues to build out its ecosystem. As...

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Capital One Reports Quarterly Lending Decreases Across the Board
Capital One Reports Quarterly Lending Decreases Across the Board
April 27, 2023  |  Earnings

Capital One Financial’s latest results show that, like consumers, it isn’t immune to the market. “We are expecting inflation to impact consumer credit by depressing...

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Mondelēz: Chocolate Sales Jump 18% as Consumers Seek Affordable Comforts
Mondelēz: Chocolate Sales Jump 18% as Consumers Seek Affordable Comforts
April 27, 2023  |  Earnings

Amid consumers’ economic anxieties, Mondelēz is seeing chocolate sales rise significantly. Chicago-based multinational snack and confectionery giant Mondelēz International, parent company of a wide range of popular...

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Cazoo Restructuring Bears Financial Fruit Amid Struggling Global Used Car Market
Cazoo Restructuring Bears Financial Fruit Amid Struggling Global Used Car Market
April 27, 2023  |  Earnings

British online auto marketplace Cazoo said an intense focus on improving unit economics as well as restructuring activities which saw it ditch its other European...

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Domino’s Sees 13% Pickup Growth as Delivery Dips Amid Inflation
Domino’s Sees 13% Pickup Growth as Delivery Dips Amid Inflation
April 27, 2023  |  Earnings

Domino’s pickup sales rise and delivery falls as consumers seek affordable restaurant options amid inflation. In recent years, the pizza quick-service restaurant (QSR) giant has...

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Mastercard: US Consumers Boost Spending on Credit Cards by Nearly 15%
Mastercard: US Consumers Boost Spending on Credit Cards by Nearly 15%
April 27, 2023  |  Mastercard

Mastercard’s earnings results show that U.S. consumers continue to embrace credit cards for everyday spending. The supplemental materials provided by the payments network showed that...

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