Earnings

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

Alibaba Jettisons Cloud Spin-Off Amid Focus on AI
Alibaba Jettisons Cloud Spin-Off Amid Focus on AI
November 16, 2023  |  Earnings

Chinese tech giant Alibaba says it will not spin off its cloud intelligence business. The decision, announced Thursday (Nov. 16) along with the company’s quarterly earnings, is apparently...

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Instacart Boosts Offerings for Small Brands to Drive B2B Revenue
Instacart Boosts Offerings for Small Brands to Drive B2B Revenue
November 16, 2023  |  Aggregators

As Instacart’s ad business and other B2B offerings grow quicker than its consumer transactions, the aggregator is expanding its offerings for small brands to reach...

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Is AI Macy’s Santa’s Little Helper?
Is AI Macy’s Santa’s Little Helper?
November 16, 2023  |  Retail

In the midst of the holiday season, while numerous retailers anticipate a weak consumer spending forecast amid an inventory glut, Macy’s may have set itself...

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Warner Music Group: Rise of Streaming Subscriptions Boosts Monetization of Old Content
Warner Music Group: Rise of Streaming Subscriptions Boosts Monetization of Old Content
November 16, 2023  |  Subscriptions

As streaming subscriptions have become the main way consumers listen to music, Warner Music Group (WMG) is seeing a shift, where there are new opportunities...

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Pickup and Delivery Drive Walmart’s 24% eCommerce Surge, as Consumer Spending Slows
Pickup and Delivery Drive Walmart’s 24% eCommerce Surge, as Consumer Spending Slows
November 16, 2023  |  eCommerce

Walmart has made the consumer spending slowdown official. As fiscal year third-quarter earnings results debuted Thursday morning (Nov. 16) showed a cautious outlook on consumers’...

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TJX Declares Itself the Holiday Haven for Value Shoppers 
TJX Declares Itself the Holiday Haven for Value Shoppers 
November 15, 2023  |  Retail

As retailers grapple with the impact of consumers tightening their purse strings, TJX is striking a different chord, as shoppers seek value and the most...

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Walmart Earnings Preview: Groceries, Digital and Omnichannel Take Center Stage 
Walmart Earnings Preview: Groceries, Digital and Omnichannel Take Center Stage 
November 15, 2023  |  Walmart

Walmart earnings, slated for Thursday morning (Nov. 16) before the market opens, will likely offer the latest variations on several themes: Consumers seeking value, especially...

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Target Says ‘Tis the Season for Financial Stress
Target Says ‘Tis the Season for Financial Stress
November 15, 2023  |  Earnings

Consumers continue to face economic challenges, even as inflation takes a dip, and the punchline continues to show up in retail receipts. In reporting its...

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DraftKings Expects Online Gaming to Reach $30 Billion by 2028 
DraftKings Expects Online Gaming to Reach $30 Billion by 2028 
November 14, 2023  |  Earnings

Online sports betting and iGaming in the United States will be a $30 billion total addressable market (TAM) in 2028, up from $20 billion this...

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