Elon Musk Sells Nearly $7 Billion Worth of Tesla Stock Amid Twitter Uncertainty
Elon Musk sold nearly $7 billion worth of Tesla Inc. TSLA -2.44% stock in recent days, regulatory disclosures show, amid...
Financial Performance
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...
Videogame Companies Face Slowdown as People Spend Less on Gaming
The videogame industry is seeing a sharp slowdown in growth as people are going out again after a pandemic-fueled spurt...
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...
SoftBank Reports Record $23 Billion Quarterly Loss as Tech Downturn Hits
TOKYO—Japanese technology investor SoftBank 9984 0.74% Group Corp. on Monday reported a record quarterly loss of more than $23 billion...
Shale Drillers Warn of Higher Costs as They Report Record Profits
Shale companies are reporting banner profits but are warning that inflation in the oil patch is leading them to increase...
Berkshire Hathaway’s Earnings Fall, Hurt by Market Volatility
Berkshire Hathaway Inc.’s BRK.B -0.29% earnings slid in the second quarter as market turmoil weighed on the company’s massive stock...
WSJ News Exclusive | Pfizer in Advanced Talks to Buy Global Blood Therapeutics for About $5 Billion
Pfizer Inc. PFE -1.18% is in advanced talks to buy Global Blood Therapeutics Inc., GBT 33.03% the maker of a...
Warner Bros. Discovery Weighs Free Ad-Supported Streaming Plan
Warner Bros. Discovery Inc. WBD 4.61% is exploring launching a free, ad-supported streaming service, its chief executive said, the latest...
Paramount Revenue Gets Lift From ‘Top Gun’ Sequel, Streaming Service
Paramount Global PARA 1.08% said its “Top Gun” sequel and its growing streaming business helped boost revenue in the latest...
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...
EV Maker Lucid Cuts Production Outlook in Half
Electric-vehicle maker Lucid Group Inc. LCID 4.21% said it expected to make half as many cars as previously forecast this...
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...
Uber Revenue Doubles, Sending Shares Surging
Uber UBER 18.90% Technologies Inc. doubled quarterly revenue, improved its financial performance and said high inflation was causing more people...
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...
Activision Blizzard Profit Slumps as Sales Shrink
The videogame publisher’s adjusted per-share earnings slipped from the year-ago period but met analysts’ estimates. Photo: Sergio Flores/Bloomberg News Activision...
Celsius Energy Drink Gets $550 Million Investment From PepsiCo
Celsius is a sugar-free, caffeinated beverage that markets itself as a healthy alternative to other energy drinks. Photo: John Parra/Getty...
Starbucks, Uber, CVS to Report Earnings Amid Shrinking Economy
About 30% of S&P 500 companies are slated to report earnings in the coming week, according to FactSet. Two Dow...
Procter & Gamble Sounds a Warning After Strong Quarter
Procter & Gamble Co. PG -6.18% , maker of Tide detergent and Pampers diapers, is predicting the slowest sales growth...
Mark Zuckerberg’s Bid to Reinvent Facebook Parent Meta Hits Early Snags
Meta on Thursday walked back some new Instagram features central to the revamp that had drawn swift user backlash. The...
