Roku Earnings Report

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 […]

By |2021-02-19T10:03:47-05:00February 19, 2021|Articles|Comments Off on Roku Earnings Report

Qualcomm 5G Sales Taking Off

Mobile-phone chip-making giant Qualcomm Inc. expects a surge in smartphones sales next year as consumers flock to 5G-capable devices such as Apple Inc.’s new iPhone 12 that helped lift its latest results. Qualcomm, a leading […]

By |2020-11-05T09:06:36-05:00November 5, 2020|Articles|Comments Off on Qualcomm 5G Sales Taking Off

Tesla Posts Record Profit

Tesla reported by far its best quarterly profit Wednesday and said it still hopes to hit its target of half a million car sales this year. The strong results and ambitious goal were good news […]

By |2020-10-22T10:02:04-04:00October 22, 2020|Articles|Comments Off on Tesla Posts Record Profit

Auto Sales on Recovery Path

The U.S. auto sector on Thursday continued to show signs of a recovery from the COVID-19 pandemic as improving demand in the third quarter for new vehicles has General Motors Co. and other major automakers […]

By |2020-10-02T12:32:58-04:00October 2, 2020|Articles|Comments Off on Auto Sales on Recovery Path

Macy’s Loss Narrows as Stores Reopen

Macy’s Inc. loss narrowed during the second quarter as locations began to reopen from their COVID- 19 induced lockdowns. The Cincinnati-based department store chain lost $431 million, or an adjusted 81 cents per share, as […]

By |2020-09-03T10:17:16-04:00September 3, 2020|Articles|Comments Off on Macy’s Loss Narrows as Stores Reopen

Nvidia Sales Surge

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 […]

By |2020-08-20T12:23:23-04:00August 20, 2020|Articles|Comments Off on Nvidia Sales Surge

Walgreens CEO Steps Down

Walgreens Boots Alliance Inc. said Stefano Pessina will step down as chief executive, kicking off a search for a new leader at the company as the coronavirus pandemic has dented profits and complicated a turnaround. Mr. […]

By |2020-07-28T11:08:06-04:00July 28, 2020|Articles|Comments Off on Walgreens CEO Steps Down

Ford Reveals New Bronco

Steve Olliges has raced older Ford Broncos through the desert and has five vintage ones in his garage. But the Ford dealer has never sold one from his showroom in Las Vegas. Instead, he’s watched […]

By |2020-07-14T15:06:56-04:00July 14, 2020|Articles|Comments Off on Ford Reveals New Bronco