Edition:
United Kingdom

Akanksha Rana

Amazon posts biggest profit ever at height of pandemic in U.S

31 Jul 2020

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

Will investors look past Amazon's COVID-19 e-commerce costs?

29 Jul 2020

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 beats second-quarter profit estimates, raises FY outlook

29 Jul 2020

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.

Tesla bleibt auf der Überholspur - Vier Quartale mit Gewinn

23 Jul 2020

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.

Tesla mit viertem Gewinn-Quartal in Folge - S&P-500-Aufnahme winkt

23 Jul 2020

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's profit sets up S&P 500 entry, while Musk pushes for growth

23 Jul 2020

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 misses user growth estimates, shares fall

22 Jul 2020

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

Profit or not? Analysts divided ahead of Tesla's second-quarter results

21 Jul 2020

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 to cut 6% of workforce on grim recovery prospects in 2020

16 Jul 2020

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.

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