by Olivia Morley | Nov 15, 2021
By Olivia Morley Pinterest Inc. said its monthly active users (MAUs) declined to pre-pandemic levels in the September quarter, but have been stable since then. The company said MAUs in the U.S. declined 10% in the September quarter to 89 million, down from 98 million...
by Jessica Lerner | Nov 12, 2021
By Jessica Lerner Discovery Inc. has reaffirmed its commitment to its direct-to-consumer business. The company has brought on former top Walt Disney Co. executive Kevin Mayer to consult on the future of streaming at the company, CEO David Zaslav said during...
by Denny Jacob | Nov 8, 2021
By: Denny Jacob Good news is always worth advertising. Twitter Inc. (TWTR) said its advertising side of the business is on solid footing even as other social-media companies deal with stiff headwinds related to Apple Inc.’s recent privacy measures. One reason why...
by Keira Wingate | Nov 7, 2021
By: Keira Wingate General Motors Co (GM) is stepping on the gas in the electric vehicle race (EVs). The latest earnings show positive growth, only furthering momentum that EVs will lead to an even better fourth quarter. GM’s third-quarter earnings, released on Oct....
by Minji Koo | Dec 17, 2020
Lululemon on Dec.10 reported $1.1 billion in sales in its third quarter, which ended Nov.1. With sales up 22% from the same period the year before, the company again beat analysts’ estimates — no surprise, given soaring demand for comfortable clothes and the huge...
by Baidi Wang | Nov 13, 2020
CEO Elon Musk called Tesla’s third quarter “our best quarter in history,” beating analysts’ estimates and more than doubling its profit over the same period year before. But the company’s target of delivering half a million vehicles in 2020 continues to be a challenge...