Snap Stock Falls as Sales Growth Shrinks, Advertisers Cut Spending
Snap,
SNAP -0.64%
in an investor letter Thursday, said it is operating on an assumption of no revenue growth this quarter from the…
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Browsing Tag
Earnings Surprises
Oracle Sales Top Expectations as Cloud Businesses Thrive
Oracle’s cloud revenue rose 45% to $3.6 billion in the latest quarter.…
Bumble Sales Rise On Higher User Spending
Bumble Inc.
BMBL -1.68%
sales climbed in the latest quarter, driven by higher spending by users on its dating apps…
Foxconn Warns of Slowing Demand for Smartphones
Foxconn
2317 0.92%
Technology Group, the world’s biggest iPhone assembler, said demand for smartphones and other…
Alibaba Posts First Revenue Decline Since Going Public
China’s leading e-commerce company
Alibaba
BABA 2.83%
Group Holding Ltd. posted its first quarterly revenue decline…
Electronic Arts Posts Higher Sales, Profit
While Electronic Arts Inc. backed its financial outlook for the year,…
Comcast Fails to Gain Broadband Subscribers for First Time
Comcast Corp.
CMCSA -8.59%
failed to gain broadband subscribers for the first time in its history, a sudden downshift after many years of…
Etsy Shares Surge on Better-Than-Expected Results
Etsy’s online marketplace sells everything from masks to home…
SAP Lowers Profit Outlook as Withdrawal From Russia Hits Revenue
SAP SE,
SAP -3.38%
the German business software company, reported lower profit and cut its outlook for the full…
AT&T Racks Up Subscribers Amid Signs of Economic Stress
AT&T Inc.’s
T -1.54%
prized base of wireless subscribers kept growing in the second quarter despite early…