Earnings

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

AI Surge Drives Tech Industry Growth for Micron, Alibaba and Perplexity
AI Surge Drives Tech Industry Growth for Micron, Alibaba and Perplexity
June 27, 2024  |  artificial intelligence

The artificial intelligence (AI) boom is reshaping the tech landscape, with industry giants and startups reporting significant gains and attracting major investments. Memory chip maker...

READ MORE >
eCommerce Leads Levi’s D2C Growth as Online Shoppers Splurge
eCommerce Leads Levi’s D2C Growth as Online Shoppers Splurge
June 26, 2024  |  Earnings

Levi Strauss & Co. is seeing its digital channels drive direct-to-consumer (D2C) growth, with eCommerce customers proving willing to pay full price and to spring...

READ MORE >
FedEx Adds Data-Driven Solutions as Volume Continues to Stabilize
FedEx Adds Data-Driven Solutions as Volume Continues to Stabilize
June 25, 2024  |  Delivery

FedEx saw its volume continue to stabilize during the quarter ending May 31 after experiencing year-over-year declines. In May, its FedEx Express U.S. domestic package...

READ MORE >
Walmart CFO: Current Quarter’s Comparable Sales Growth Will Be Weaker
Walmart CFO: Current Quarter’s Comparable Sales Growth Will Be Weaker
June 25, 2024  |  Walmart

Walmart’s sales in the current quarter won’t be as strong as they were in the previous quarter, Walmart Chief Financial Officer John Rainey reportedly said...

READ MORE >
CarMax: Click-and-Mortar™ Vehicle Buying Is on the Rise
CarMax: Click-and-Mortar™ Vehicle Buying Is on the Rise
June 21, 2024  |  Earnings

The majority of consumers now seek out both digital and physical channels in their car buying journey, according to CarMax, and this omnichannel adoption continues...

READ MORE >
Kroger Sees Private-Label Push Bring Low-Income Shoppers Back
Kroger Sees Private-Label Push Bring Low-Income Shoppers Back
June 20, 2024  |  Earnings

With ongoing financial challenges affecting consumers very differently depending on their financial standing, Kroger is seeing its initiative to improve its private-label offerings prove key...

READ MORE >
Consumers Demand Discounts Even When Buying Diamonds Amid Inflation
Consumers Demand Discounts Even When Buying Diamonds Amid Inflation
June 13, 2024  |  Retail

As consumers continue to be concerned about their financial situations, shoppers are looking for deals and discounts even when making major purchases such as buying...

READ MORE >
Wise Plans to Hike Its  Payment Infrastructure Investment
Wise Plans to Hike Its Payment Infrastructure Investment
June 13, 2024  |  Cross-border Payments

Wise is upping its investment in payment infrastructure as its customer base grows. The U.K.-based money transfer firm on Thursday (June 13) released year-end results...

READ MORE >
AI Money: Broadcom, Oracle and Samsung Unveil Strategies to Dominate AI Market
AI Money: Broadcom, Oracle and Samsung Unveil Strategies to Dominate AI Market
June 13, 2024  |  Artificial Intelligence

The artificial intelligence boom is reshaping the technology landscape as industry giants Broadcom, Oracle and Samsung make moves to capitalize on the demand for AI...

READ MORE >