Roku Shares Fall 8% After Hours on Slower Account Growth
Roku Inc. reported a slowdown in new active accounts for its streaming services in the latest quarter and guided for...
Earnings
Pfizer Ups Covid-19 Vaccine Forecast as Sales More Than Double
Pfizer Inc. raised its forecast for sales of its Covid-19 vaccine this year to about $36 billion, a roughly 7%...
WSJ News Exclusive | Coke to Pay $5.6 Billion for Full Control of BodyArmor
Coca-Cola Co. is buying full control of BodyArmor for $5.6 billion in a deal that values the sports drink brand...
GameStop’s Chief Operating Officer Departs
GameStop Corp.’s chief operating officer, Jenna Owens, has left the company, less than a year after joining. GameStop didn’t give...
Facebook Joins a Crowded Field In the Race to Build the ‘Metaverse.’ We All Have a Stake in the Outcome.
Tech billionaires are a quirky lot. Some are attempting to build a world imagined in utopian visions of the future,...
Global Chip Shortage ‘Is Far From Over’ as Wait Times Get Longer
Almost a year into a global chip shortage, the problems are increasing for many customers as delays get even longer...
Starbucks’s China Sales Slow With Covid-19 Bout
Starbucks Corp. said its U.S. sales were strong during its most recent quarter, though the pandemic’s resurgence in China dragged...
Facebook to Rebrand Company as Meta in Focus on Metaverse
Facebook Inc. Chief Executive Mark Zuckerberg said the company would change its name to Meta to reflect growth opportunities beyond...
Samsung Posts Record Quarterly Revenue From Chip Boom
SEOUL— Samsung Electronics Co. reported record quarterly revenue and saw net profit grow by 31% on the back of booming...
Microsoft Earnings Jump as Cloud Services Thrive
Microsoft Corp. MSFT 0.64% continued to benefit from the global shift toward remote work as its cloud business boosted its...
GE’s Profits Rise but Sales Miss Forecasts
General Electric Co. GE 1.20% reported stronger profits as cost cutting offset lower-than-expected sales of its industrial equipment in the...
Facebook Posts Slower Sales Growth With Apple Privacy Policy
Facebook Inc. blamed Apple Inc.’s AAPL -0.03% privacy rules for posting slower sales growth and warned of further uncertainty for...
Google Charges More Than Twice Its Rivals in Ad Deals, Unredacted Suit Says
Google takes a cut of 22% to 42% of U.S. ad spending that goes through its systems, according to a...
Chipotle’s Profit More Than Doubles as Chain’s Burritos Get Pricier
Chipotle Mexican Grill Inc. said higher menu prices helped boost its profit as the burrito chain deals with increased labor...
New York City Lost Most Wall Street Jobs in 2020, Amid Covid-19, Since 2008 Recession
Wall Street firms shed more New York City jobs during the Covid-19 pandemic in 2020 than any year since the...
Higher Sales Across Divisions Lift Johnson & Johnson as Healthcare Sector Recovers
Johnson & Johnson’s JNJ 2.55% sales climbed in the latest quarter compared with the same stretch of last year, reflecting...
Procter & Gamble to Raise Prices on More Staples
Procter & Gamble Co. PG -1.44% is raising prices on a host of household staples as costs for freight and...
Zillow Gets Outplayed at Its Own Game
Zillow, it seems, has over-flipped. The company that has prided itself on its technology to outsource a lot of human...
WSJ News Exclusive | Saks E-Commerce Unit Begins IPO Preparations
The fast-growing e-commerce business of luxury retailer Saks Fifth Avenue is aiming to go public soon at a valuation roughly...
TSMC to Build Chip Factory in Japan as It Faces Surging Demand
The Japan factory is the most recent expansion plan for TSMC, the world’s largest contract chip maker, as it faces...
