Earnings

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

Tesla Invests in AI, Anticipates ‘Next Major Growth Wave’
Tesla Invests in AI, Anticipates ‘Next Major Growth Wave’
July 23, 2024  |  Earnings

Tesla is investing in artificial intelligence (AI) as it anticipates the “next major growth wave.” That wave will be driven by advances in autonomy and...

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Alphabet Touts Organic AI Development in Q2 Earnings Beat
Alphabet Touts Organic AI Development in Q2 Earnings Beat
July 23, 2024  |  Earnings

Search. Cloud. AI. It was a winning combination for Google’s parent Alphabet in Q1 and it worked again in Q2, as reported in the company’s...

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Visa: 80% of Face-to-Face Transactions Internationally Are Tap to Pay
Visa: 80% of Face-to-Face Transactions Internationally Are Tap to Pay
July 23, 2024  |  VISA

Visa’s fiscal third quarter results showed continued momentum in new payment flows — and further embrace of contactless payments in brick-and-mortar, face-to-face transactions. CEO Ryan...

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Capital One’s Profit Eroded by Walmart Deal Collapse, Discover Uncertainty
Capital One’s Profit Eroded by Walmart Deal Collapse, Discover Uncertainty
July 23, 2024  |  Earnings

It’s earnings season for America’s biggest financial services companies and institutions. So far, the common theme has been a softening of consumer credit and mixed...

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Mattel Sales Declines Slow as Toys Make a Cautious Comeback
Mattel Sales Declines Slow as Toys Make a Cautious Comeback
July 23, 2024  |  Earnings

After years of consumers cutting back on nonessential retail purchases, Mattel is now starting to feel optimistic about the future of toys sales. On Tuesday...

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Coca-Cola’s Revenues Grow 15% Despite ‘Soft Spots’ Among Consumers
Coca-Cola’s Revenues Grow 15% Despite ‘Soft Spots’ Among Consumers
July 23, 2024  |  Earnings

Consumer caution does not seem to be hurting the Coca-Cola Company. The food and beverage giant released earnings Tuesday (July 23) showing its organic revenues growing 15%, with...

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Spotify Hits Record Q2 Earnings Amid Double-Digit User Growth
Spotify Hits Record Q2 Earnings Amid Double-Digit User Growth
July 23, 2024  |  Earnings

In its earnings report released Tuesday (July 23), Spotify showcased a record-breaking second quarter, driven by features in its music offerings such as daylist and...

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Earnings Season Shows Companies Still Spending on Corporate Cards
Earnings Season Shows Companies Still Spending on Corporate Cards
July 23, 2024  |  Earnings

As banks weighed in this month with their earnings reports, Wall Street has focused on earnings per share, investment banking revenues and the state of...

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Global Freight Recession Drives UPS Profits Down by Over 30%
Global Freight Recession Drives UPS Profits Down by Over 30%
July 23, 2024  |  Earnings

Softened pricing, heightened labor cost, and a freight demand pullback are battering the shipping sector. And add to that dynamic operating landscape the recent delays...

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