Company Reports
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Reddit Posts $575 Million Loss Tied to I.P.O. but Also Strong Growth
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Reddit on Tuesday posted a more than $500 million quarterly loss in its first earnings report as a public company, largely due to stock-based compensation ...

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Apple Reports Decline in Sales and Profit Amid iPhone Struggles in China
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Difficulties have been piling up for Apple. In recent months, it has been sued by the Justice Department, fined by European regulators and challenged by the ...

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Amazon Reports $143.3 Billion in Revenue for First Quarter of 2024
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Amazon reported its highest first-quarter profit on Tuesday as it continued to wring efficiencies out of its retail business and recharge growth in its ...

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In Race to Build A.I., Tech Plans a Big Plumbing Upgrade
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If 2023 was the tech industry’s year of the A.I. chatbot, 2024 is turning out to be the year of A.I. plumbing. It may not sound as exciting, but tens of ...

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Microsoft Reports Rising Revenues as A.I. Investments Bear Fruit
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Microsoft gave more signs on Thursday that its hefty investments in artificial intelligence were beginning to bear fruit, as it reported a 17 percent jump ...

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Meta’s Profits More Than Double, While Spending on A.I. Rises
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Meta on Wednesday reported a 27 percent increase in revenue and profit that more than doubled in the first quarter, as the company said it planned to spend ...

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Meta’s Profits More Than Double, While Spending on A.I. Rises
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Meta on Wednesday reported a 27 percent increase in revenue and profit that more than doubled in the first quarter, as the company said it planned to spend ...

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G.M. Reports Big Jump in Profit on Gasoline Car Sales
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General Motors on Tuesday reported a big jump in profits for the first three months of the year, based on the strength of its gasoline vehicle business, and ...

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Tesla Earnings Report: Revenue Fell to $21.3 Billion, Adding to Strategy Concerns
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Tesla reported on Tuesday that it made significantly less money in the first three months of the year because of its tepid car sales, reinforcing concern ...

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Netflix Added More Than 9 Million Subscribers in First Quarter
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Netflix added 9.3 million subscribers in the first quarter of 2024, it announced on Thursday, outperforming analysts’ expectations and solidifying its ...

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UBS Reports $29 Billion Profit, a Record
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When UBS agreed to buy its archrival Credit Suisse for a little over $3 billion this spring at the Swiss government’s behest, analysts and investors said ...

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Tesla’s Sales Drop, a Sign That Its Grip on the E.V. Market Is Slipping
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Tesla appeared to be losing command of the market it effectively created after it reported a stunning drop in quarterly sales on Tuesday, raising fresh ...

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