Earnings

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

Mercado Libre’s Investments in Mexico Propel Earnings
Mercado Libre’s Investments in Mexico Propel Earnings
May 02, 2024  |  Earnings

Saying that its “ecosystem is our competitive strength,” Latin American payments and eCommerce powerhouse Mercado Libre reported strong Q1 revenue growth in all areas of its...

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Peloton Layoffs Point to Economic Pressures on Connected Fitness Marketplace 
Peloton Layoffs Point to Economic Pressures on Connected Fitness Marketplace 
May 02, 2024  |  Earnings

Peloton made headlines on Thursday (May 2) as it announced the launch of restructuring efforts, including laying off approximately 400 employees — about 15% of its global workforce...

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Amazon’s AI Ambitions Help Fuel Q1 Earning Surge
Amazon’s AI Ambitions Help Fuel Q1 Earning Surge
May 02, 2024  |  Amazon

Amazon reported strong financial results for the first quarter of 2024, as the company doubles down on its artificial intelligence (AI) initiatives and sees a resurgence...

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Peloton CEO Barry McCarthy Steps Down as Company Begins Restructuring
Peloton CEO Barry McCarthy Steps Down as Company Begins Restructuring
May 02, 2024  |  Personnel

Peloton Interactive has begun a search for a new CEO and announced that Barry McCarthy has stepped down as CEO, president and board director. Chairperson Karen Boone and Director Chris Bruzzo will...

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DoorDash Reports Record-High Orders as Consumers Seek Digital Solutions, Convenience
DoorDash Reports Record-High Orders as Consumers Seek Digital Solutions, Convenience
May 01, 2024  |  Earnings

DoorDash set new company records across several metrics in the first quarter as it continued to expand its services into new segments of the local retail...

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Carvana’s Inventory ‘Constrained’ as Online Used Car Retailer Posts Record Q1
Carvana’s Inventory ‘Constrained’ as Online Used Car Retailer Posts Record Q1
May 01, 2024  |  Earnings

Online used car retailer Carvana reported “milestone” first quarter (Q1) results on Wednesday (May 1), fueling a 30% surge in its stock price. This strong performance...

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EBay Targets Gains in Back Half of 2024 Amid ‘Tough’ Discretionary Spending Environment  
EBay Targets Gains in Back Half of 2024 Amid ‘Tough’ Discretionary Spending Environment  
May 01, 2024  |  Earnings

EBay’s gross merchandise volume (GMV) eked out slight gains in the most recent quarter, but the tally of 131 million active buyers in the quarter...

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Upwork Believes AI is the Future of Work
Upwork Believes AI is the Future of Work
May 01, 2024  |  Earnings

Against a challenging macro backdrop, freelance work matters more than ever.  And the innovations that support those freelancers have taken on a new prominence.  That’s...

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Lemonade Sees AI Drive Efficiency as Insurance Goes Digital-First
Lemonade Sees AI Drive Efficiency as Insurance Goes Digital-First
May 01, 2024  |  artificial intelligence

Digital insurance platform Lemonade said its AI investments continue to bear fruit. The company’s latest shareholder letter — while reporting a 25% increase in total revenues and a...

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