Amazon.com Inc on Thursday posted the biggest profit in its 26-year history as online sales and its lucrative business supporting third-party merchants surged during the coronavirus pandemic. | Video
Investors' penchant for prioritizing growth over profit at Amazon.com Inc will be put to the test on Thursday, when investors absorb the impact of second-quarter pandemic-related costs that could top $4 billion (3 billion pounds).
EBay Inc beat Wall Street estimates for quarterly profit on Tuesday and raised its full-year outlook, as the e-commerce company benefited from a surge in online shopping by people staying indoors due to coronavirus-driven lockdowns.
New York Tesla trotzt der Corona-Krise: Der Elektroauto-Pionier hat dank Kostensenkungen und relativ stabilen Umsätzen zum vierten Quartal in Folge einen Quartalsgewinn erwirtschaftet und damit eine wichtige Hürde zum Einzug in den S&P-500-Index der wichtigsten börsennotierten US-Unternehmen genommen.
New York/Bangalore Tesla hat ungeachtet der Coronavirus-Epidemie das vierte Quartal in Folge einen Gewinn verbucht und damit seine Aktie in die Höhe springen lassen.
Tesla Inc on Wednesday posted a second-quarter profit as cost cuts and strong deliveries helped offset coronavirus-related factory shutdowns, sending its stock up 4.4% in after-hours trading and clearing a hurdle that could lead to the electric carmaker's inclusion in the S&P 500 index . | Video
Snap Inc said on Tuesday a bump in user growth at the start of coronavirus-led lockdowns petered out sooner than expected, and it forecast fewer current-quarter users than the Wall Street consensus. | Video
When Tesla Inc reports second-quarter results after the bell on Wednesday, investors will be keen to see whether the electric carmaker has delivered a profit during the global pandemic that has sunk most of its internal combustion rivals deep in red ink.
Vox Media, the owner of New York magazine, is laying off 6% of its staff, as it does not expect a rebound in publishing business to pre-COVID forecasts in the second half of 2020, according to an internal email seen by Reuters.