Tag Archives: CNBC

Amazon’s Whole Foods cites Trump’s NLRB purge as grounds for rejecting union win

Last month, workers at a Whole Foods store in Philadelphia voted in favor of joining the United Food and Commercial Workers Union.

Posted in Tech | Tagged | Comments Off on Amazon’s Whole Foods cites Trump’s NLRB purge as grounds for rejecting union win

Amazon set to report earnings after the bell

The company is expected to show strong operating income growth, reflecting CEO Andy Jassy’s efforts to rein in expenses.

Posted in Tech | Tagged | Comments Off on Amazon set to report earnings after the bell

Roblox plummets 16% on disappointing bookings, daily active users miss

Roblox shares plunged more than 16% after falling short of Wall Street’s bookings and daily active user estimates.

Posted in Tech | Tagged | Comments Off on Roblox plummets 16% on disappointing bookings, daily active users miss

Amazon set to pass Walmart in revenue for first time

Analysts surveyed by LSEG are expecting Amazon to report revenue of $187 billion for its latest quarter on Thursday.

Posted in Tech | Tagged | Comments Off on Amazon set to pass Walmart in revenue for first time

Temu steers users to ‘local’ products after Trump shuts tax loophole

Temu has onboarded more sellers with U.S. inventory in recent years as lawmakers have zeroed in on the de minimis exemption.

Posted in Tech | Tagged | Comments Off on Temu steers users to ‘local’ products after Trump shuts tax loophole

Google scraps diversity ‘aspirations,’ citing role as federal contractor

Google said it’s been reevaluating diversity programs over the last year.

Posted in Tech | Tagged | Comments Off on Google scraps diversity ‘aspirations,’ citing role as federal contractor

Fiserv shares rally to record on earnings beat, bullish revenue outlook

Shares of payments company Fiserv rose to a record on Wednesday after reporting better-than-expected earnings.

Posted in Tech | Tagged | Comments Off on Fiserv shares rally to record on earnings beat, bullish revenue outlook

Salesforce picks board member Robin Washington to be its next finance and operating leader

A veteran finance executive, Robin Washington has been on Salesforce’s board of directors for over a decade.

Posted in Tech | Tagged | Comments Off on Salesforce picks board member Robin Washington to be its next finance and operating leader

Qualcomm tops estimates for earnings and revenue on strong smartphone demand

Qualcomm reported first-quarter earnings on Wednesday that beat consensus expectations on both the top and bottom line.

Posted in Tech | Tagged | Comments Off on Qualcomm tops estimates for earnings and revenue on strong smartphone demand

AMD shares drop 10% on disappointing data center revenue

Advanced Micro Devices shares fell on Wednesday after the chipmaker under-delivered on Wall Street’s estimates for its important data center business.

Posted in Tech | Tagged | Comments Off on AMD shares drop 10% on disappointing data center revenue