Huawei posts first-ever yearly revenue decline as U.S. sanctions continue to bite, but profit surges
Huawei's business has been hurt by U.S. sanctions, which have sought to cut it off from key software and components like semiconductors.
Huawei's business has been hurt by U.S. sanctions, which have sought to cut it off from key software and components like semiconductors.
Darden Restaurants, which owns Olive Garden, reported quarterly earnings and revenue that missed analysts' expectations.
Tencent reported its slowest quarterly revenue growth on record in the fourth quarter of 2021.
Nike said it will provide a more detailed outlook for fiscal 2023 when it reports fourth-quarter results.
Saudi Arabian oil giant Aramco reported blowout full-year earnings on Sunday, posting a more than doubling in year-on-year net profit to $110 billion.
Warby Parker said sales were hurt in the final weeks of December, which coincided with typical peak demand in the optical industry.
The video game retailer's digital-focused moves have yet to translate into profits.
Investments in a gene-sequencing company and a server chip maker cut into Oracle's earnings, which missed analysts' expectations.
Stitch Fix offered a weak outlook for its fiscal third quarter and slashed its forecast for the full year.