Amazon shares tumble on slowing online sales growth
(Reuters) -Shares of Amazon.com fell more than 8% on Friday after the online retailer reported...
2024
U.S. sues TikTok over ‘massive-scale’ privacy violations of kids under 13
By David Shepardson WASHINGTON (Reuters) – The U.S. Justice Department filed a lawsuit Friday against...
AMC Entertainment swings to loss in the second-quarter hurt by weak movie lineup
(Reuters) – AMC Entertainment Holdings posted a loss for the second quarter compared to a...
Wall Street slides after early rally flips into risk-off move
(Reuters) -The S&P 500 fell more than 2% and the Nasdaq more than 3% at...
Tech giants faced major market cap drop in July on earnings worries
(Reuters) – Global mega tech companies’ market capitalisation dropped sharply in July, in response to...
Amazon projects quarterly revenue below estimates, shares slide
By Deborah Mary Sophia and Greg Bensinger (Reuters) -Amazon.com forecast current quarter sales below estimates,...
Clorox forecasts annual profit above estimates, beats fourth-quarter profit on lower input costs
(Reuters) – Bleach maker Clorox forecast annual profit above estimates after beating fourth-quarter profit on...
Trump says he is against everyone having an electric car
CHICAGO (Reuters) – Republican presidential candidate Donald Trump said on Wednesday that he was against...
Carvana forecasts 2024 core profit above Wall Street expectations
(Reuters) -Carvana forecast annual core profit above analysts’ expectations on Wednesday, driven by strong demand...
Facebook parent Meta forecasts upbeat Q3 revenue after strong quarter
By Katie Paul and Yuvraj Malik (Reuters) – Meta Platforms beat market expectations for second-quarter...