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Tuesday 14-May-24
Alibaba posted a beat on revenue in its fiscal fourth quarter ended March, but the Chinese e-commerce giant's net profit plunged.
Alibaba shares fall 7% after the Chinese tech giant posts 86% drop in profit
Home Depot reported first-quarter earnings as it tries to grow sales with home professionals in a tough housing market.
Home Depot misses on revenue, as high interest rates hurt sales
Tencent saw slightly better performance in its core gaming business as well as improved profitability in its advertising and business services division.
Tencent posts fastest profit growth in 3 years as online ads, business services offset slower gaming
Sony on Tuesday reported a 7% drop in annual profits in the fiscal year 2023, logging its first drop in annual profits since 2020.
Sony reports 7% drop in annual profit as PlayStation 5 sales miss trimmed target
SoftBank posted a 724.3 billion Japanese yen ($4.6 billion) gain on its Vision Fund in the fiscal year ended March.
SoftBank Vision Fund posts first annual gain in 3 years, up $4.6 billion
The airline's best-ever financial performance figures were "driven by the voracious appetite for travel across customer segments," the Emirates Group said.
Emirates airline chalks record annual profit as travel demand booms
Shares of the salad chain surged 34% Friday after the company's revenue beat analysts' expectations during its fiscal first quarter.
Sweetgreen shares soar 34% after company beats revenue expectations
Net income in the first quarter plunged 68.9% from a year ago to $71.79 million.
China's biggest chipmaker SMIC warns of 'fierce' competition as it misses quarterly profit expectations
Warner Bros. Discovery reported first-quarter earnings before the bell Thursday.
Warner Bros. Discovery misses first-quarter estimates despite streaming growth
Shares of Arm fell Thursday as lackluster revenue guidance from the firm clouded a positive sales quarter driven by AI demand.
Chip designer Arm's shares drop after lackluster revenue guidance
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