Twitter Warns Staff of Potential Cuts to Employee Bonuses
Twitter Inc. TWTR 0.30% warned staff that the size of bonus payments this year was at risk because of financial...
Earnings Projections
Target’s Profit Sinks as Retailer Unloads Unwanted Inventory
A glut of inventory sank profit at Target Corp. further than it expected, sparking investor concerns about the company’s response...
Rivian’s Losses Nearly Triple to $1.7 Billion
Rivian Automotive Inc. reported its net loss in the second quarter nearly tripled to $1.7 billion, further pressuring the electric-vehicle...
Foxconn Predicts Better Year Ahead but Flags Slowing Smartphone Demand
Foxconn Technology Group, the world’s biggest iPhone assembler, said demand for smartphones and other consumer electronics is slowing, leading it...
BuzzFeed Expects Recession Fears to Pressure Advertising
BuzzFeed Inc. posted a wider quarterly loss amid rising costs and expenses, and said it expected recession concerns to keep...
Nvidia Warns of Sales Shortfall as Gaming Revenue Drops
The Santa Clara, Calif., company expects revenue of $6.7 billion for the quarter ended July 31, some 17% below the...
Toyota Profit Takes Hit From Supply-Chain Troubles, Higher Costs
Toyota TM -0.32% Motor Corp. on Thursday maintained its full-year outlook for production and operating profit, despite rising raw material...
Under Armour Lowers Profit Targets for Year
Under Armour Inc. UA 2.06% lowered its profit targets for its fiscal year, saying the price markdowns and higher freight...
Match Splits With Tinder CEO as Earnings Fall Short
Match Group Inc.’s MTCH 4.32% new chief executive has shaken up the leadership of the company’s Tinder dating platform citing...
Micron Issues Muted Sales Forecast On Demand Weakness
Memory-chip maker Micron Technology issued a subdued revenue outlook, spooking investors even as it reported a strong rise in earnings...
WSJ News Exclusive | Business Losses From Russia Top $59 Billion as Sanctions Hit
Global companies have racked up more than $59 billion in losses from their Russian operations, with more financial pain to...
Target Warns of Weaker Profit as it Faces Overstuffed Stores, Inflation-Weary Shoppers
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Snap Issues Profit Warning on Economic Conditions Including Inflation
Snap Inc. SNAP -3.40% issued a profit warning Monday and said it planned to slow hiring and spending, adding to...
Deere’s Rising Costs Put Pressure on Equipment Profits
Deere & Co. DE -15.08% raised its profit forecast for the year, while rising costs for materials and parts continued...
Rivian CEO Says Chip-Shortage Problems to Ease This Year
Electric-vehicle startup Rivian Automotive Inc. RIVN -9.61% maintained its production forecast for 2022, with executives saying the supply-chain problems that...
Uber’s Revenue Doubles, but Stock Falls After Lyft Warns of Higher Driver Costs
Uber Technologies Inc.’s UBER -4.65% revenue more than doubled last quarter, as demand for rides rebounded from the downturn caused...
Airbnb Revenue Climbs on Record Nightly Bookings and Higher Prices
By Preetika RanaUpdated May. 3, 2022 7:11 pm ETAirbnb said it expects to post its first full-year net profit this...
American, United Project Packed Planes This Summer
Airlines said they have reached a new juncture in their recovery from the Covid-19 pandemic, anticipating record revenue in the...
Procter & Gamble Posts Biggest Sales Gain in Decades—and a Word of Caution
Procter & Gamble Co. ’s booming quarter came with a warning. The maker of Tide detergent and Gillette razors on...
Netflix Explores a Version With Ads as Subscriber Base Shrinks
Netflix Inc. said it is exploring offering a lower priced ad-supported version of the platform to boost its subscriber base,...
