Proof that the online future has arrived: The biggest e-commerce company outside China has unseated the biggest brick-and-mortar seller.
The company expects to end the year with about 8.5 million. In its quarterly results, it reported holding nearly $1 billion in cash.
Tesla said sales doubled in the second quarter, but Ford reported a more modest increase as the industry grapples with a semiconductor shortage.
General Motors’ push to increase E.V. spending follows an announcement by Ford that it would start making an electric version of its F-150 pickup truck this year.
The retailer’s first-quarter sales jumped 89 percent to $4 billion from a year earlier as its e-commerce continues to grow.
The e-commerce giant’s European retail business had record sales in 2020, but its headquarters on the continent reported a $1.4 billion loss.
The company said its vaccine generated $3.5 billion in revenue in the first three months of this year.
The company reported a nearly 19 percent year-on-year gain in the first quarter, as its subsidiaries — from railroads to energy companies to consumer brands — improved their performances.
The dictionary doesn’t have enough superlatives to describe what’s happening to the five biggest technology companies, raising uncomfortable questions for their C.E.O.s.
As it takes the risk of transforming itself from a TV giant into a streaming start-up, the cable operator beat investors’ estimates in its first-quarter results.
The electric-car maker’s performance reflected increasing sales and production around the world.
AT&T, HBO’s parent company, reported that HBO and the new streamer added 2.7 million subscribers in the first quarter.
As demand for tickets recovers, airlines are calling back workers, adding flights and planning for a summer they say could be normal.
The streaming service reported the addition of four million new customers for the first quarter, below the six million it had forecast.
The banks said they released large chunks of money that had been set aside to cushion themselves from losses caused by the pandemic.
The Swiss bank is in turmoil after a series of financial disasters that have battered its reputation and are likely to diminish its global clout.
Lockdowns helped Britain’s most profitable online betting outfit, bet365, hit the jackpot. For addicted gamblers, it has been a disaster.
Daimler reported unexpectedly strong profits, underlining a rebound by traditional carmakers despite the pandemic.
The automaker earned more than $6 billion last year — money that it will plow into the development of electric and autonomous vehicles.
In its fourth-quarter earnings report, The New York Times Company said 2020 was its biggest year for adding subscribers.
The frenzy for the troubled retailer’s stock has been a headscratcher for the analysts who try to determine a company’s value.
The company benefited from a jump in sales of electric cars in China and Europe, but its fourth quarter earnings fell short of Wall Street’s expectations.
The streaming giant borrowed over $16 billion in less than a decade as it built out its content library. The strategy prompted criticism that the company was unsustainable.
Carmakers say new models should also help lift the industry in 2021, after a 15 percent decline in its slowest year since it recovered from the Great Recession.
The Salesforce C.E.O.’s planned acquisition of Slack will have him competing directly with the Goliath that is Microsoft.
The company’s performance renewed questions about whether “gig economy” businesses can turn a profit.
The gaming console, coming out in its latest version on Thursday, has become the Japanese giant’s centerpiece product.
In 10 years running Mastercard, Ajay Banga has favored a forward-looking approach.
For the first time, the publisher brings in more revenue from online readers than its print subscribers.
Gilead Sciences said Wednesday that remdesivir, which has been authorized for emergency use since the spring, brought in $873 million in revenues so far this year.
Amazon, Apple, Facebook and Alphabet reported the latest in a string of enormous quarterly profits on Thursday.
Mr. Black, the billionaire chief executive of Apollo Global Management, said others’ continued association with Mr. Epstein had given him “misplaced comfort” in doing business with him.
The deal would broaden A.M.D.’s business into chips for markets like 5G communications and automotive electronics.
About 27,000 bikes were affected by the recall, according to the U.S. Consumer Product Safety Commission.
The data storage company is among several prominent start-ups going public this year as the tech industry thrives in the pandemic.
The Silicon Valley company could be the next in a string of tech outfits to go public long before they have turned a profit.
The coronavirus pandemic took a major toll on the oil giant’s earnings, but Aramco will maintain its hefty dividend for shareholders.
Berkshire reported earnings of $26.4 billion in the second quarter, a turnaround from its $49.7 billion loss in the first quarter, when the pandemic caused a plunge in the stock market.
Uber said revenue fell 29 percent in the second quarter because people traveled less, but food deliveries soared.
Consumers are probably entitled to millions of dollars in rebates under Obamacare rules that cap companies’ profits.
The pandemic squeezed advertising for the web as well as print, but subscription growth was the best ever for a quarter.
In 2019, the Trump Organization showed improvement over the previous year. But the company’s minimum reported revenues still fell short of the president’s first year in office, his new financial disclosure shows.
Big tech companies reported bumper profits in the shadow of congressional scrutiny over their outsize market power.
Even though the tech industry’s four biggest companies were stung by a slowdown in spending, they reported a combined $28 billion in profits on Thursday.
The bosses of four tech giants are preparing to defend themselves at a congressional hearing against claims of anti-competitive behavior.
The marketing business is going through a period of innovation as it sheds workers and tries to hold on to clients.
The result was achieved “despite tremendous difficulties,” said the chief executive, Elon Musk, including a plant shutdown and lower sales.
With a $5 billion play for Noble Energy, the oil giant is set to acquire properties around the world for a relative bargain. Other companies might make similar moves.
JPMorgan Chase, Citigroup and Wells Fargo said that as long as the economy behaved according to their forecasts, they were braced for more pandemic-induced pain.
The electric carmaker’s deliveries fell as people around the world were forced to stay home by government orders and fears over the coronavirus pandemic. But the decline was far smaller than for other automakers.