Earnings

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

Block Sees Both Banking and Bitcoin Driving Future Growth 

Block Sees Both Banking and Bitcoin Driving Future Growth 
Block Sees Both Banking and Bitcoin Driving Future Growth 
May 02, 2024  |  Earnings

Block, owner of Cash App and Square, is also a huge owner of bitcoin.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Mercado Libre’s Investments in Mexico Propel Earnings
Mercado Libre’s Investments in Mexico Propel Earnings
May 02, 2024  |  Earnings

Saying that its “ecosystem is our competitive strength,” Latin American payments and eCommerce powerhouse Mercado Libre reported strong Q1 revenue growth in all areas of its...

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Peloton Layoffs Point to Economic Pressures on Connected Fitness Marketplace 
Peloton Layoffs Point to Economic Pressures on Connected Fitness Marketplace 
May 02, 2024  |  Earnings

Peloton made headlines on Thursday (May 2) as it announced the launch of restructuring efforts, including laying off approximately 400 employees — about 15% of its global workforce...

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Amazon’s AI Ambitions Help Fuel Q1 Earning Surge
Amazon’s AI Ambitions Help Fuel Q1 Earning Surge
May 02, 2024  |  Amazon

Amazon reported strong financial results for the first quarter of 2024, as the company doubles down on its artificial intelligence (AI) initiatives and sees a resurgence...

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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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