News

Twilio Swings to Profit in 1Q
Twilio swung to a profit and accelerated its first-quarter revenue growth as its customer count increased. The San Francisco-based communication-tools provider posted a profit of $20 million, or 12 ...
Kimberly-Clark Corp. stock underperforms Thursday when compared to competitors
Kimberly-Clark Corp. closed 13.68% short of its 52-week high of $150.45, which the company reached on March 10th.
Amazon's North America sales top forecasts, but reliance on the region dips
Amazon reported North America sales of $92.89 billion, up 7.6% from last year and above the FactSet consensus of $92.38 billion. International sales were up 4.9% to $33.51 billion, which also topped ...
As mortgage rates ‘again declined,’ here’s what 4 pros say is ahead for rates
Mortgage rates edged slightly lower, Freddie Mac data released May 1 shows. But what’s in store for home buyers in the next ...
Apple boosts its buyback program by $100 billion — short of its record
For most companies, a $100 billion boost to the buyback authorization would be massive. And for Apple, it still is — though the company's latest share-repurchase announcement is short of what ...
Apple iPhone sales beat Wall Street's estimates
Apple said it sold $46.84 billion worth of iPhones in the March quarter, beating Wall Street expectations of $45.97 billion. Analysts had also been including a bump up in the quarter due to buying ...
Amazon's profitability improves as costs rise, but by less than sales
Amazon's Q1 total operating expenses increased 7.2% from last year to $137.26 billion, but that was less than the 8.6% growth in sales, so operating margin improved to 11.8% from 10.7%. Within ...
Procter & Gamble Co. stock underperforms Thursday when compared to competitors
Shares of Procter & Gamble Co. PG shed 1.59% to $159.98 Thursday, on what proved to be an all-around positive trading session ...
Canadian National Railway Posts Higher 1Q Profit, Revenue
Canadian National Railway logged higher profit and revenue in the first quarter despite operating in what it called a volatile macroeconomic and geopolitical environment. The Montreal-based rail ...
Amazon's service sales growth was more than double that of product sales
Amazon reported net service sales of $91.70 billion, up 11.3% from a year ago. That compares with the 5.0% growth in product sales to $63.97 billion.
Live Nation says ticket sales are outpacing last year despite worries about economy, but sales miss estimates
Ticketmaster parent Live Nation reported results as analysts try to parse the impact of a higher cost of living, compounded ...
AWS revenue growth slows, misses expectations again
Sales for Amazon's AWS cloud business a rose 16.9% from a year ago to $29.27 billion, but was below the FactSet consensus of $29.43 billion. That marked the third-straight quarter AWS revenue missed ...