Uncertainty clouds holiday shopping season after mixed forecasts from Walmart, Target
Retailers are in for a mixed holiday season this year ahead of Black Friday and Christmas, marked by…
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China’s Alibaba misses quarterly revenue estimates, beats on profit
Alibaba Group Holding (9988.HK), missed analysts’ estimates for second-quarter sales on Friday, as persistent…
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China’s JD.com misses revenue estimates as consumption weakness lingers
Chinese e-commerce group JD.com (9618.HK) missed market estimates for quarterly revenue on Thursday, as a…
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Google’s AI-fueled gains in cloud bode well for Amazon, Microsoft
Google-parent Alphabet’s breakout cloud sales in the July-September quarter bode well for top cloud providers….
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McDonald’s brushes off sales hit from US E. coli outbreak, international markets weak
McDonald’s executives on Tuesday brushed off a potential sales hit from the deadly E. coli outbreak in the U.S., saying that the fast-food…
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Netflix tops subscriber targets as ad-tier signups grow
Netflix (NFLX.O) picked up 5.1 million streaming subscribers in the third quarter, topping Wall Street estimates by…
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How does PDD stack up against other big China e-ecommerce firms?
Shares of China’s biggest e-commerce companies – Alibaba, JD.com, and PDD Holdings were dumped…
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Best Buy lifts annual profit forecast as cost controls pay off
Best Buy (BBY.N), opens new tab raised its annual profit forecast on Thursday, as tighter controls on costs…
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Salesforce beats quarterly estimates on cloud demand, says CFO to step down
Salesforce (CRM.N), opens new tab beat Wall Street expectations for second-quarter revenue and profit on Wednesday…
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China’s spending slump weighs as e-commerce giant Alibaba misses estimates
Alibaba Group Holding (9988.HK), opens new tab missed market expectations for first-quarter revenue on Thursday…
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