Earnings

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

Amazon Q3 Hedge Supports Case for Cautious Consumer Spending
Amazon Q3 Hedge Supports Case for Cautious Consumer Spending
August 01, 2024  |  Amazon

While Wall Street didn’t like what it saw or heard from Amazon’s Q2 earnings, from a consumer spending standpoint there was a lot to like....

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Apple’s Services Segment Grows, But AI Still Remains a ‘Show Me’ Story
Apple’s Services Segment Grows, But AI Still Remains a ‘Show Me’ Story
August 01, 2024  |  Apple

Apple’s latest quarter showed some resilience in services growth – and management noted the potential for artificial intelligence (AI) to help transform the company’s efforts...

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Booking Holdings Sees 7% Growth in Room Nights Booked Amid Tech Upgrades
Booking Holdings Sees 7% Growth in Room Nights Booked Amid Tech Upgrades
August 01, 2024  |  Earnings

Online travel company Booking Holdings is seeing positive outcomes from its latest tech-driven initiatives, according to its second-quarter earnings report. Booking Holdings Thursday (Aug. 1) reported...

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Block Reports Q2 Growth; Announces Reorganization and Banking Ambitions
Block Reports Q2 Growth; Announces Reorganization and Banking Ambitions
August 01, 2024  |  Earnings

The theme of digital-first infrastructure and value-added services built atop it is one that Block, owner of Cash App, Square, and Tidal, leaned into during Thursday’s...

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EBay Uses Pay by Bank to Reach New Gen Z Consumers
EBay Uses Pay by Bank to Reach New Gen Z Consumers
August 01, 2024  |  Earnings

As eBay looks to reach Generation Z and millennials, the online marketplace is turning to pay by bank to meet younger customers’ eCommerce expectations. On...

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Roblox Retools User Engagement and Sees 21% Jump in Active Users
Roblox Retools User Engagement and Sees 21% Jump in Active Users
August 01, 2024  |  Earnings

Roblox, the virtual world gaming platform, reported a record 79.5 million average daily active users (DAUs), representing a 21% increase from the previous year, the...

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Lightspeed Targets Cloud-Based Rivals as Revenues Climb 27%
Lightspeed Targets Cloud-Based Rivals as Revenues Climb 27%
August 01, 2024  |  Earnings

Lightspeed is taking on other cloud-based rivals in the retail space amid strong revenue growth. The point-of-sale (POS) system provider released earnings Thursday (Aug. 1) showing revenues up...

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Wayfair: Home Furnishings Sales Slow to 2008 Crisis Levels
Wayfair: Home Furnishings Sales Slow to 2008 Crisis Levels
August 01, 2024  |  Earnings

Wayfair saw its quarterly sales dip amid continued pressure on home goods consumers. “Customers remain cautious in their spending on the home, and our credit card...

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Etsy Looks to Loyalty Rewards to Counter Sales Declines
Etsy Looks to Loyalty Rewards to Counter Sales Declines
August 01, 2024  |  Earnings

As Etsy sees its sales slip, the eCommerce marketplace is gearing up to launch a loyalty program in an effort to drive greater spending and...

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