by Lucy Papachristou | Nov 1, 2022
Mass media giant Fox Corp. is poised to see boosts in revenue this quarter, buoyed by record political advertising spending ahead of the U.S. midterm elections and a busy fall sports lineup. Fox is expected to post gains at a time when Wall Street is worried about...
by By David Westenhaver | Oct 31, 2022
By David Westenhaver Facebook parent Meta Platforms Inc. reported skyrocketing expenses Wednesday as costly investments in the metaverse, artificial intelligence, servers, and data centers hurt the company’s bottom line. The social media company reported...
by Cailley LaPara | Oct 31, 2022
McDonald’s Corp. on Thursday posted strong growth in a key sales metric, demonstrating the company’s resilience in a turbulent economy as it dominates competitors. McDonald’s reported global comparable sales rose 10% in the quarter ended September 30, a...
by Angela Palumbo | Dec 19, 2021
Angela Palumbo Chewy Inc. (CHWY) is not immune to the issues caused by supply chain disruptions, which have resulted in low stock on some of its most popular products. Along with supply chain issues, labor shortages, inflation and a decline in pet adoptions have all...
by Francisco Velasquez | Dec 12, 2021
By: Francisco Velasquez Best Buy Co Inc. (BBY) reported better than expected third quarter earnings ahead of the holiday season. The electronic retailer is anticipating strong consumer demand, but is expecting supply chain constraints, delays, increased costs and...
by Angel Adegbesan | Nov 17, 2021
By Angel Adegbesan Uber Technologies Inc. launched a new carpooling feature for its rideshare platform as a way to recover from increases in costs of rides. UberX Share allows the option of cheaper rides by sharing a ride with one other person, in addition to the...
