Earnings Report
The Latest
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Target Reports Disappointing 2019 Holiday Season Sales
Target's worse-than-expected 2019 holiday season sales managed to result in a drop in its share prices. Target's worse-than-expected 2019 holiday season sales managed to result in a drop in its share prices. -
Xiaomi Reports Slowest-Ever Quarterly Revenue Growth
Xiaomi reported an 8 percent drop in its smartphone business' earnings to $4.6 billion for the quarter, citing an increase in domestic competition and slower demand as the main reasons. Xiaomi reported an 8 percent drop in its smartphone business' earnings to $4.6 billion for the quarter, citing an increase in domestic competition and slower demand as the main reasons. -
Pinduoduo Shares Fall After Reporting High Q3 Operating Expense And Loss
Pinduoduo blames the practice of forced exclusivity by other e-commerce platforms for its higher-than-expected operating expenses. Pinduoduo blames the practice of forced exclusivity by other e-commerce platforms for its higher-than-expected operating expenses. -
Tencent Vows To Step Up Global Expansion After Earnings Miss
Tencent announced that it will be expanding its efforts to grow its already massive video game empire to boost its bottom line. Tencent announced that it will be expanding its efforts to grow its already massive video game empire to boost its bottom line. -
SoftBank Reports First Loss In More Than A Decade Due To Tech Bets
SoftBank's big bets on Uber and WeWork cost its Vision Fund over $8.9 billion, wiping out the company's earnings from its over businesses. SoftBank's big bets on Uber and WeWork cost its Vision Fund over $8.9 billion, wiping out the company's earnings from its over businesses. -
Exxon Reports 49 Percent Decrease In Profits For Q3 Amid Low Prices
Exxon stated that its strong oil production growth for the quarter was greatly offset by lower oil prices. Exxon stated that its strong oil production growth for the quarter was greatly offset by lower oil prices. -
Kraft Heinz Shares Surge Following Wall Street-Beating Quarterly Profits
Kraft Heinz attributes its better-than-expected performance on its cost-cutting efforts and its renewed efforts to market its flagship brands. Kraft Heinz attributes its better-than-expected performance on its cost-cutting efforts and its renewed efforts to market its flagship brands. -
BYD Reports Weak Profit Growth Due To Low EV Sales In Latest Quarter
Lowered EV sales due to reduced subsidies and increase competition ate into BYD's earnings, dragging down its profit growth for the entire year. Lowered EV sales due to reduced subsidies and increase competition ate into BYD's earnings, dragging down its profit growth for the entire year. -
Standard Chartered Outperforms Rival HSBC With Latest Quarterly Profits
Standard Chartered managed to surprise the market given that its performance for the quarter was in stark contrast to its much larger rival HSBC. Standard Chartered managed to surprise the market given that its performance for the quarter was in stark contrast to its much larger rival HSBC. -
GM Manages To Beat Wall Street Quarter Estimates Despite Strike
General Motors managed to beat analysts' estimates for its third-quarter earnings despite incurring massive losses due to the UAW's 40-day strike. General Motors managed to beat analysts' estimates for its third-quarter earnings despite incurring massive losses due to the UAW's 40-day strike.