The move shows how inflation and changing consumer behavior are souring the business outlook for many retailers.
Businesses face headwinds as demand weakens, the Federal Reserve raises rates and government stimulus programs end.
The onetime ‘manager of the century’ paved the way for C.E.O.s to moonlight as internet trolls.
Amazon benefited from the coronavirus pandemic as people flocked to online shopping. Now, shoppers’ behavior has shifted.
Big technology companies are set to report earnings starting Tuesday. The S&P 500 has dropped nearly 8 percent this month, its worst monthly showing since March 2020.
Big technology companies are set to report earnings starting today.
The electric carmaker had to close an important factory in Shanghai because of China’s efforts to stamp out a coronavirus outbreak.
The company said it expected to produce only 25,000 electric vehicles this year, adding a new cloud to its outlook only months after a hot I.P.O.
Disney said its theme parks came roaring back in spite of the Omicron variant. But the company’s vast cable television business continued to shrink.
Investors took the strong jobs showing as a reason for the Federal Reserve to move quickly as it starts to raise interest rates this year.
Shares of Meta, the parent company of Facebook, fell more than 26 percent, a loss that wiped more than $230 billion off its market value.
The company formerly known as Facebook has hit major turbulence as it suffered its biggest one-day wipeout ever.
After Apple made it harder to track people on the internet, even tech giants felt the effects.
The company released earnings figures a week after Neil Young and others pulled their music to protest what they called vaccine misinformation on Rogan’s podcast.
The deal for the sports site, which was finalized on Tuesday, helped the company reach that goal a couple of years early.
The yawning disparity between the performance of the electric car company and established automakers last year reflects the technological change roiling the industry.
The announcement represents a vindication of the strategy to release the entire Warner Bros. 2021 film slate simultaneously in theaters and on streaming.
After struggling to produce cars because of a global computer chip shortage, automakers are trying to move quickly to making electric vehicles.
The electric-car maker managed substantial growth as Europe and China increasingly propelled sales.
The conglomerate’s results reflected the turmoil in financial markets and the broader slowdown in U.S. economic growth.
After moving behind a paywall, Wirecutter added to the company’s revenue stream.
The automakers said the profit outlook for the full year had improved, and higher car prices eased the impact of reduced production.
The results in the latest quarter are a sign of the company’s financial strength as it faces a public relations crisis.
The company has 222 million customers, with 67 million in the U.S., and expects to add 8.5 million subscribers in the December quarter.
Fees from advising corporate clients on mergers and other deals raised bottom lines across Wall Street. Bankers say it’s a good sign for the recovery.
After coasting higher over the summer, markets are jittery over rising prices, growth snarls and a number of other threats.
The big banks are expected to benefit from increased consumer spending when they report earnings this week. Where they go from here will depend greatly on lending to households and businesses.
After having few cares about the markets all year, investors are getting nervous as the Fed signals that harsher policies are on the way.
Inflation and supply chain problems have been a concern since the pandemic began. But action by the Federal Reserve and pressure on corporate profits put those worries in sharp focus.
The electric-car maker has weathered the global shortage of semiconductors better than more established rivals.
Challenges in the global supply chain have held down production and depleted inventories.
The automaker said that demand was strong, but that supply continued to be constrained.
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.