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As Facebook’s profit doubles, Mark Zuckerberg sounds off on reopening the economy too soon
Facebook reported an 18 percent increase in first-quarter revenue Wednesday, but chief executive Mark Zuckerberg expressed concern about what lies ahead for the country......»»
As Facebook’s profit doubles, CEO Mark Zuckerberg sounds off on reopening the economy too soon
Facebook reported an 18 percent inc.....»»
Cargill profit more than doubles on higher beef demand
Cargill Inc [CARG.UL] reported a quarterly profit on Thursday that more than doubled, boosted by higher demand for beef, even as the global commodities trader wrestled with worries over a trade war between the U.S. and China......»»
Facebook copied Snapchat, and it is hurting profit
Facebook Inc. has sought to replicate popular offerings from rival social network Snap Inc., but that effort may be sucking some of the fat out of its profit margin......»»
Banks: profits double at CS, but StanChart punished on cost concerns
Credit Suisse rises 0.8 percent in European share trading after the Swiss lender doubles its second-quarter profit. But as Laura Frykberg reports, rival Standard Chartered was the biggest banking faller, down 3.5 percent, after giving a half-year update......»»
Apple CEO Tim Cook"s Vietnam Visit Signals Increased Commitment To Local Partners, Promise Of Increased Investment In China Rival: Report
Apple CEO Tim Cook is reportedly planning to enhance the company's commitments in Vietnam. read more.....»»
Deere raises forecast as profit more than doubles on equipment demand
Deere & Co on Friday raised its full-year earnings forecast after a 169% surge in quarterly profit, as a recovering global economy boosts demand for farm machine and construction equipment......»»
Epistar may see profit from Kaistar
LED epitaxial wafer and chip maker Epistar stands a chance of bringing in non-operating profit from its China-based joint venture Kaistar Lighting (Xiamen), a vertically-integrated LED maker focusing on lighting, according to industry sources......»»
Nio Grabbed 23% Share Of China"s All-Electric SUV Market In April, Ahead Of Tesla"s 17%
Nio Inc (NYSE: NIO) grabbed the largest market share in China’s all-electric SUV market in April, higher than its U.S.-based rival Tesla Inc (NASDAQ: TSLA), according to China Automotive Technology and Research Cente read more.....»»
Toyota Q4 profit nearly doubles, beats expectations
Toyota Q4 profit nearly doubles, beats expectations.....»»
Cathie Wood Loads Up Another $28M Worth Of Shares In Alibaba Rival JD.Com
Cathie Wood-led Ark Investment Management on Friday bought 366,879 shares, worth about $27.7 million, in JD.com Inc (NASDAQ: JD), a key rival to Alibaba Group Holding (NYSE: BABA) in the e-commerce space in China. read more.....»»
GM stock surges after profit more than doubles expectations, while revenue surprisingly slips
Shares of General Motors Co. surged 3.7% in premarket trading, .....»»
Overstock stock shoots higher after swinging to a big profit beat, revenue nearly doubles
Shares of Overstock.com Inc. surged 8.6% in premarket trading Thursday, after the online retailer reported first-quarter profit and revenue that were well above expectations, as active users nearly doubled. The co.....»»
Facebook Plans To Launch Stablecoin That Will Compete With Dollar Early Next Year
Facebook Plans To Launch Stablecoin That Will Compete With Dollar Early Next Year A couple of days ago, Morgan Stanley warned that China's new di.....»»
Morgan Stanley"s profit more than doubles to a record and beats expectations, but stock falls
S.....»»
Bank of America profit more than doubles on reserve release boost
Bank of America Corp reported a jump in first-quarter profit that breezed past estimates on Thursday as it released reserves it had set aside to cover potential coronavirus loan losses......»»
UTime stock more than doubles, and is now 2,175% above its IPO price
Shares of UTime Ltd. soared 133.3% in very volatile afternoon trading Wednesday, enough to pace all gainers on major U.S. exchanges, in the China-based mobile phone maker's second day of trading on the Nasdaq. On Tuesday, the stock cl.....»»
Facebook Faces Internal Criticism Over Promoting China State Propaganda On Uyghurs: WSJ
Facebook Inc. (NASDAQ: FB) employees have raised concerns over China’s use of the social media platform to spread state propaganda about its Uyghur minority population, the Wall Street Journal read more.....»»
Biden Floats Rival Plan To China"s "Belt & Road" In Call With UK"s Johnson
Biden Floats Rival Plan To China's 'Belt & Road' In Call With UK's Johnson In a Friday phone call between President Biden and Br.....»»
"You"re not bystanders": Lawmaker spars with Mark Zuckerberg and Sundar Pichai as the CEOs evade questions about how Facebook and Google profit off misinformation
"What happens online doesn't stay online - it has real-world consequences," Rep. Frank Pallon.....»»