American Airlines Cuts Profit Outlook as Pilots’ Contract Weighs on Bottom Line

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Salesforce Needs to Play Its AI Chips Wisely

[ad_1] The cloud-software giant promises even higher profit margins just as the AI spending war gets under way. [ad_2] Source link

Fortescue’s Iron Ore CEO Departs; Annual Profit Falls

[ad_1] Fortescue Metals Group said the chief executive of its metals business has stepped down after six months at the helm, as it reported a 23% fall in annual profit,…

Nvidia’s AI Surge Is Just Getting Started

[ad_1] The blowout results and forecast indicate that demand for the company under CEO Jensen Huang isn’t short-lived, but high prices will spur competition. [ad_2] Source link

Department Stores Are Maxed Out

[ad_1] Bearish commentary from some retailers, including Macy’s, paints a worrying picture of American consumers. [ad_2] Source link

Delivery Hero Shares Surge After Revenue Guidance Upgrade

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UPS Cuts Outlook Amid Slowdown in Parcel Volumes

[ad_1] The package-delivery company said its revenue and profits fell in the latest quarter and warned that its operating margins this year would be slimmer than it expected.   [ad_2] Source…

Amazon Delivers Surprisingly Strong Profit as Retail Business Improves

[ad_1] Amazon reported quarterly profit that trounced expectations, capping earnings reports from tech giants that showed improving health in areas from online retail to digital advertising after a stretch of…

Amazon Expected to Post Strongest Quarterly Profit Since 2021

[ad_1] Analysts anticipate the company’s results will show improving consumer e-commerce business, but investors also are watching a slowdown in cloud computing. [ad_2] Source link

Robinhood Needs to Steal More Users

[ad_1] The online brokerage turned a surprise profit, but a decline in active users shows how much further it still has to go. [ad_2] Source link