Nvidia’s Sales Surge, With No End In Sight for AI Boom

[ad_1] Updated Nov. 21, 2023 5:11 pm ET Nvidia reported another quarter of record sales and gave a strong revenue outlook, pointing to red-hot demand for chips that underpin the…

Stores Are Finally Giving Shoppers a Break on Prices

[ad_1] The era of price hikes for consumer goods is waning.  For over a year, shoppers have pulled back on buying a range of discretionary items from cargo pants to…

Target Stock Surges as Earnings Overshadow Sales Decline

[ad_1] Updated Nov. 15, 2023 8:11 am ET People are skipping their Target runs, but the company is finding ways to boost profits. Target sales fell in the period just…

Disney to Accelerate Cost Cutting as It Pushes for Streaming Profitability

[ad_1] Disney announced a more ambitious plan for companywide cost cuts and sharply narrowed losses in its streaming business, making progress in two areas that Chief Executive Bob Iger has…

Amazon’s Profit Triples as Sales Show Resilience Leading Into Holidays

[ad_1] Updated Oct. 26, 2023 7:21 pm ET Amazon.com said profit tripled to nearly $10 billion from July to September as strong sales in its cloud-computing, advertising and retail units…

Boeing Cuts 737 Delivery Goal for Year

[ad_1] Boeing booked a third-quarter loss and lowered delivery goals this year for its 737 MAX jet, which accounts for the bulk of the plane maker’s output. Boeing lost $1.64…

Microsoft Earnings Growth Accelerates on Stronger-Than-Expected Cloud Demand

[ad_1] Updated Oct. 24, 2023 7:23 pm ET Microsoft’s sales growth accelerated last quarter as demand for its cloud computing services heated up amid growing enthusiasm about artificial intelligence.  The…

3M Says Business Is Improving, Boosts Earnings Guidance

[ad_1] Updated Oct. 24, 2023 7:25 am ET 3M boosted its earnings forecast after a stronger-than-expected quarter, saying efforts to improve performance and control costs are bearing fruit. The Minnesota-based…

Netflix Plans Price Increase as Password-Sharing Crackdown Boosts Subscriber Growth

[ad_1] Updated Oct. 18, 2023 7:32 pm ET Netflix said its effort to limit password sharing led to a 10.8% rise in subscriptions in the third quarter, a better-than-expected result…

Tesla’s Price Cuts to Weigh on Third-Quarter Earnings

[ad_1] Updated Oct. 18, 2023 12:31 pm ET Chief Executive Elon Musk is under pressure to show investors that he can keep Tesla’s profit machine humming, after a disappointing third…