Corporate profits articles
-
Amazon triples quarterly profit as cloud surges
Ecommerce titan Amazon on Tuesday said profit in the first three months of 2024 tripled as its cloud, ads, and retail businesses thrived.Amazon shares were up about one percent in after-market trades that followed release of the earnings figures, with Wall Street keeping a close eye on the impact of AI as well as costs involved. It was a good start to the year across the business, Amazon chief executive Andy Jassy said in an earnings release.The Seattle-based company reported $10.4 billion in...
-
Samsung eyes smartphone recovery as profit jumps
Samsung Electronics forecast a turnaround in the global smartphone market in the second half of 2024, driven by stabilising consumer sentiment and growth in emerging markets, with a similar rebound expected in tablets and wearables.
-
From Pups to Profits — These Are The Top Pet Franchises For 2024
From dog training to traditional grooming to swanky pet spas, explore the highest-ranking pet franchise opportunities and tap into the thriving pet industry.