GM Making Money

GM Profit Jumps

General Motors Co. reported surprisingly strong third-quarter profits Wednesday, as it also said it offered buyouts to thousands of salaried workers to cut costs amid slowing sales in the global car business. The No. 1 U.S. auto maker by sales reported a 25% jump in its third-quarter operating profit...

By | November, 5, 2018|Categories: Articles, Featured|Tags: , , , , , , |0 Comments

Apple Guides Lower

Apple’s Mixed Results

Apple Inc. reported its fourth consecutive quarter of record revenue and profit, as the combination of higher iPhone prices and strong app-store sales propelled the technology giant to its best year ever. But the world’s most valuable company offered guidance for the current period that disappointed many investors and said it would stop reporting unit sales for its products...

By | November, 2, 2018|Categories: Articles, Featured|Tags: , , , , , , , , |0 Comments

Amazon Knocks It Out of The Park

Amazon Doubles Profit

Amazon.com Inc. on Thursday delivered a double punch, reporting its best revenue growth in more than six years while topping $1 billion in profit for the second straight quarter. The results surprised investors who were already expecting Amazon to post strong numbers as it extends its dominance in online retailing...

By | April, 27, 2018|Categories: Articles, Featured|Tags: , , , , , |0 Comments

TECH REVENUES RISE

The Tech Titans

Three of the biggest tech companies reported record quarterly financial results on Thursday as they extended their dominance over swaths of the global economy. Apple Inc., Alphabet Inc. and Amazon.com Inc.-with a combined market value of more than $2 trillion-all boosted growth...

By | February, 2, 2018|Categories: Articles, Featured|Tags: , , , , , , , , , |0 Comments