Roku Inc. reported a 58% increase in revenue during the holiday quarter, as the streaming-media service continued to benefit from customers watching more entertainment while stuck at home during the COVID-19 pandemic. “We think the […]
Qualcomm Inc. parlayed the global 5G rollout and Apple Inc.’s inclusion of its chips in the iPhones models into an earnings jump that failed to satisfy investors betting phone-chip sales would be even higher. The […]
Gilead Sciences Inc.’s revenue rose 17% in the third quarter, helped by sales of its antiviral drug remdesivir that has become a standard treatment for hospitalized Covid-19 patients. Yet sales of the company’s other drugs […]
Snap Inc.’s revenue surged in the latest quarter, as the company attracted more users to Snapchat as well as advertisers looking to reach people spending more time online and on mobile devices as a result […]
Nvidia Corp.’s data-center chips brought in more money than the gaming specialist’s core business for the first time in the company’s second quarter, but new gaming chips amid a pandemic-influenced boom in videogames are expected […]
Twitter Inc. reported strong user growth but experienced lingering impacts from the coronavirus pandemic in its latest quarter, as the company navigates a rocky advertising climate and the fallout from a major security breach.
Tesla Inc., for the first time in its 17-year history, reported a fourth-consecutive profitable quarter, a milestone that is sure to bolster Chief Executive Elon Musk’s pitch that he can usher in the age of […]
Lululemon, the purveyor of expensive athleisure and activewear, is betting on the future of personalized remote exercise as a way to reach customers by acquiring Mirror, a home fitness start-up that sells a $1,495 wall-mounted […]
AMC Entertainment Holdings Inc., the world’s largest movie-theater chain, registered a $2.2 billion net loss in the first quarter, underscoring the devastating economic blow the pandemic has had on the exhibition industry.
Walmart emerged as one of the few lifelines to millions of people as the coronavirus spread, leading to surging profit and sales for the world’s largest retailer. Online sales in the U.S. jumped 74% for […]