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Macy’s says quarterly sales dropped, delays earnings release after employee hid delivery expenses

A shopper carries a Macy’s bag on Market Street in San Francisco, California, US, on Wednesday, Nov. 13, 2024.  David Paul Morris | Bloomberg | Getty Images Macy’s on Monday posted preliminary third-quarter results and said it would delay its full earnings release as it completes an investigation of an accounting issue. The company was […]

ATRenew Posts Record Profit in Q3 2024 as Diversification and Self-operated Retailing Drive Growth – Pandaily

November 20, Beijing – ATRenew (NYSE: RERE), a leading platform for pre-owned consumer electronics transactions and services, announced its Q3 2024 financial results, showcasing robust growth and operational milestones. Total revenues reached RMB 4.05 billion ($560 million), a 24.4% year-over-year increase, while non-GAAP operating profit exceeded RMB 104 million ($14.8 million) for the first time. […]

Nvidia shares fluctuates as investors digest third-quarter earnings

POLAND – 2024/11/13: In this photo illustration, the NVIDIA company logo is seen displayed on a smartphone screen. (Photo Illustration by Piotr Swat/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images Nvidia shares whipsawed Thursday as investors reacted to the U.S. chipmaker’s third-quarter earnings. Shares of the tech giant were down 2.2% […]

Google, Microsoft Are Spending Massively on AI, Quarterly Earnings Show – Slashdot

This week Alphabet CEO Sundar Picahi assured investors that their long-term AI focus and investment (and a “commitment to innovation”) “are paying off,” reports the Associated Press. Alphabet’s stock has already soared 20% this year, and it’s “still thriving” as the company “navigates through a pivotal shift to AI and battles regulators…” Alphabet earned $26.3 […]