Tag: earnings

Warren Buffett is sitting on over $325 billion cash as Berkshire Hathaway keeps selling Apple stock

OMAHA, Neb. -- Warren Buffett is now sitting on more than $325 billion cash after continuing to unload billions of dollars worth of...

Amazon reports boost in quarterly profits, exceeds revenue estimates as it invests in AI

LOS ANGELES -- LOS ANGELES (AP) — Amazon reported a boost in its quarterly profits Thursday and exceeded revenue estimates, sending the company's...

Reddit's explosive user growth and AI tools help it soar to its first profit as a public company

NEW YORK -- Reddit has turned a profit for the first time as a public company. The social platform claimed a profit of...

Security tech company Evolv investigates sales misconduct, warning recent financials are unreliable

NEW YORK -- NEW YORK (AP) — Evolv is warning its shareholders to no longer rely on recent financial statements, as the security...

Union Pacific's profit grows 9% as the railroad delivers more but results fall short of Wall Street

OMAHA, Neb. -- Union Pacific's third quarter profit grew 9% as West Coast imports surged and drove the railroad's total volume up 6%.The...

Southwest Airlines revenue rises but Q3 profit falls by two-thirds on higher costs

DALLAS -- Southwest Airlines' third-quarter revenue rose to a record high but profit fell nearly two-thirds, to $67 million, on higher costs for...