[ad_1] An analysis of more than 2,000 publicly traded companies outside the financial sector by the New York Times found that most of them increased sales faster than expenses; itRead More
Tag: Profits
Oil Profits Rise, But The Industry’s Path Forward Remains Uncertain
[ad_1] The war in Ukraine has been good for oil companies. Look no further than Shell’s first-quarter earnings. It made record profits in the first three months of the year:Read More
Alphabet Earnings: Google Parent Profits Drop 8%
[ad_1] Google’s parent company Alphabetreported an 8 percent drop in quarterly profit on Tuesday. The company’s core digital advertising business remained strong, but the value of its investments fell fromRead More
Tesla’s Profits Jumped in First Quarter, But Challenges Appear
[ad_1] Tesla said Wednesday it posted a $3.3 billion profit in the first three months of the year, up from $438 million a year earlier and the company’s biggest quarterlyRead More
How the AI industry profits from catastrophe
[ad_1] It was meant to be a temporary side job—a way to earn some extra money. Oskarina Fuentes Anaya signed up for Appen, an AI data-labeling platform, when she wasRead More
Meta Spends $10 Billion on Metaverse in 2021, Cuts Profits
[ad_1] Mark Zuckerberg says his company is going all in metaverse last year. On Wednesday, he showed how much he should spend for it. Meta, the company that Mr. ZuckerbergRead More
I Was There When: Facebook put profits over safety
[ad_1] Facebook has been under intense fire following revelations that the social media giant’s leadership repeatedly prioritized profits over safety. Now, a second whistleblower is accusing the company of turningRead More
Facebook Profits Up 17 Percent
[ad_1] Facebook said Monday its revenue rose 35 percent year-on-year to $29 billion in the three months ended September, while profits rose 17 percent to $9.2 billion, a sign ofRead More
Coinbase raises cryptomania to $1.6 billion quarterly profits.
[ad_1] Coinbase, cryptocurrency exchange, said on Tuesday In its second earnings report as a publicly traded company, it said its quarterly revenue increased more than 1,000 percent and its profitsRead More
Google’s profits soar as revenue rises 62 percent.
[ad_1] Google’s parent company, Alphabet, did in three months what, until recently, should have taken a year to earn. This is a level of growth that companies of its sizeRead More