Tencent’s online ad revenue grows for the first time in more than a year
Chinese tech giant Tencent reported Wednesday better-than-expected quarterly revenue, helped by growth in ads within its growing "video accounts" business.
Satellite maker Terran Orbital sees annual revenue climb near $100 million
Terran Orbital reported fourth-quarter results on Tuesday, posting annual revenue that more than doubled while the company continued to build its order backlog.
Geely shares jump after automaker beats revenue expectations for 2022
For 2023, Geely set a sales target of 1.65 million units and said it aims to double the share of new energy and electrified vehicle...
GameStop stock soars after retailer posts first quarterly profit in two years
GameStop has been in the midst of a turnaround and posted its first quarterly profit for the first time in two years.
Nike stock rises after third quarter beats Wall Street expectations
Investors have been watching to see if Nike's gross margins improve from its direct-to-consumer channels.
FedEx hikes 2023 earnings forecast as cost-cutting initiatives bear fruit
FedEx hiked its 2023 earnings forecast on Thursday, citing cost-cutting measures that offset continued demand weakness.
Adobe lifts profit forecast for fiscal 2023 and beats estimates on quarterly results
Growth in Adobe's digital media business is driving higher profit expectations.
BMW expects higher margin and deliveries in 2023 amid electric rollout
The company plans to deliver 10 million fully electric vehicles by 2030.
Luxury automaker Porsche issues growth outlook after record 2022 earnings
Luxury carmaker Porsche AG sets long-term target of more than 20% of return on sales.