Google and Facebook parent Meta are some of the companies that have laid off workers in recent months. Beata Zawrzel | Nurphoto | Getty Images
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Tag: Earnings
Geely shares jump after automaker beats revenue expectations for 2022
Chinese automaker Geely beat revenue expectations for 2022, sending shares surging Wednesday. Shares of Geely spiked as much as 7%, before settling down to trade
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Nike’s holiday quarter plagued by bloated inventory, weak China sales
Nike easily beat Wall Street’s expectations for its holiday quarter earnings and revenue, though its bloated inventory continued to weigh on its margins and China
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GameStop stock soars after retailer posts first quarterly profit in two years
A GameStop store operates in a strip mall on March 16, 2023 in Chicago, Illinois. Scott Olson | Getty Images GameStop on Tuesday posted a
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The Fed is likely to hike rates by a quarter point but it must also reassure it can contain a banking crisis
U.S. Federal Reserve Chair Jerome Powell addresses reporters after the Fed raised its target interest rate by a quarter of a percentage point, during a
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Shares of Indonesia’s GoTo fall more than 4% as 2022 loss swells to $2.6 billion
GoTo Group posted a wider full-year 2022 net loss of 40.4 trillion rupiah ($2.63 billion) in its latest earnings report. Dimas Ardian | Bloomberg |
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Adobe lifts profit forecast for fiscal 2023 and beats estimates on quarterly results
Shantanu Narayen, CEO of Adobe, attends a media event in Mumbai on May 3, 2017. Abhijit Bhatlekar | Mint | Hindustan Times | Getty Images
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BMW expects higher margin and deliveries in 2023 amid electric rollout
Spencer Platt | Getty Images News | Getty Images German automaker BMW on Wednesday set out targets to slightly increase margins for its automotive segment
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Volkswagen announces five-year $193 billion investment plan as electrification gathers pace
People look at the Volkswagen id buzz electric car during the press day at the Los Angeles Auto Show in Los Angeles, California, November 17,
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Consumer inflation may have cooled in February but only slightly
Consumer inflation may have cooled off a little in February, but economists expect it is still running at a high pace. The consumer price index,
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