Company Reports

The Economy Is in Record Decline, but Not for the Tech Giants

A day after lawmakers grilled the chief executives of the biggest tech companies about their size and power, Amazon, Apple, Alphabet and Facebook reported surprisingly healthy quarterly financial results, defying one of

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10 mins read

AT&T Signed Up 4 Million HBO Max Customers

AT&T reported second-quarter results Thursday, and the numbers showed customer defections across the board, including in its wireless, broadband and satellite TV businesses. But arguably its most anticipated metric was how many

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5 mins read

The Results Are In for the Sharing Economy. They Are Ugly.

OAKLAND, Calif. — The coronavirus pandemic has gutted the so-called sharing economy. Its most valuable companies, which started the year by promising that they would soon become profitable, now say consumer demand

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9 mins read

First Quarter Earnings Were Terrible, But Executives Offer Some Hope

Companies releasing first-quarter results in recent weeks have detailed how the coronavirus pandemic is crushing their business, and many have gone so far as to stop offering forecasts for the rest of

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10 mins read