Earnings

Earnings are the net benefits of a corporation's operation. Earnings is also the amount on which corporate tax is due.

Peloton CEO Barry McCarthy Steps Down as Company Begins Restructuring

Peloton CEO Barry McCarthy Steps Down as Company Begins Restructuring
Peloton CEO Barry McCarthy Steps Down as Company Begins Restructuring
May 02, 2024  |  Personnel

Peloton Interactive has begun a search for a new CEO and announced that Barry McCarthy has stepped down as CEO, president and board director. Get the Full Story...

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DoorDash Reports Record-High Orders as Consumers Seek Digital Solutions, Convenience
DoorDash Reports Record-High Orders as Consumers Seek Digital Solutions, Convenience
May 01, 2024  |  Earnings

DoorDash set new company records across several metrics in the first quarter as it continued to expand its services into new segments of the local retail...

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Carvana’s Inventory ‘Constrained’ as Online Used Car Retailer Posts Record Q1
Carvana’s Inventory ‘Constrained’ as Online Used Car Retailer Posts Record Q1
May 01, 2024  |  Earnings

Online used car retailer Carvana reported “milestone” first quarter (Q1) results on Wednesday (May 1), fueling a 30% surge in its stock price. This strong performance...

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EBay Targets Gains in Back Half of 2024 Amid ‘Tough’ Discretionary Spending Environment  
EBay Targets Gains in Back Half of 2024 Amid ‘Tough’ Discretionary Spending Environment  
May 01, 2024  |  Earnings

EBay’s gross merchandise volume (GMV) eked out slight gains in the most recent quarter, but the tally of 131 million active buyers in the quarter...

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Upwork Believes AI is the Future of Work
Upwork Believes AI is the Future of Work
May 01, 2024  |  Earnings

Against a challenging macro backdrop, freelance work matters more than ever.  Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Lemonade Sees AI Drive Efficiency as Insurance Goes Digital-First
Lemonade Sees AI Drive Efficiency as Insurance Goes Digital-First
May 01, 2024  |  artificial intelligence

Digital insurance platform Lemonade said its AI investments continue to bear fruit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Consumers Aren’t Buying Many Handmade Trinkets Amid Economic Concern
Consumers Aren’t Buying Many Handmade Trinkets Amid Economic Concern
May 01, 2024  |  Retail

As consumers continue to feel the economic strain, they are cutting back on buying boutique, handmade items from independent creators, per Etsy’s latest earnings call. ...

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Kraft Heinz Sales Dip as Lower-Income Consumers Feel Squeezed
Kraft Heinz Sales Dip as Lower-Income Consumers Feel Squeezed
May 01, 2024  |  Earnings

Cautious lower-income consumers and slower restaurant sales are squeezing Kraft Heinz. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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CVS Q1 Earnings Take A Hit From Insurance Venture
CVS Q1 Earnings Take A Hit From Insurance Venture
May 01, 2024  |  Earnings

The volatile consumer healthcare sector showed up big in CVS’ Q1 earnings Wednesday (May 1), with solid revenue from its store operations but a warning about...

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