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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.
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.
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.
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.
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.
Google scraps diversity ‘aspirations,’ citing role as federal contractor
Google said it’s been reevaluating diversity programs over the last year.
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.
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.
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.
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.