Snap Inc's advertising business recovered faster than expected from the effects of Apple Inc's privacy reforms on Thursday, and the company's stock soared 50% as it presented first-quarter guidance that was above analyst expectations.   The results were good news for a tech sector that has...

After the social media behemoth Mets (aka Facebook's parent company) issued a bleak prediction, blaming Apple Inc's privacy reforms and greater competition, shares of Facebook owner Meta dropped 26 per cent, marking the largest single-day drop in market value for a US tech giant.   The...

After coming under fire from rock and folk luminaries for giving voice to disinformation about Covid-19 immunizations, Spotify Technology SA has announced that it will add a "content advisory" to every podcast episode that involves a discussion about vaccines for the current pandemic,...

A loss of 96 million euros ($107 million) for the final three months of 2021 was reported by Ryanair. However, the company expressed optimism that the capacity cuts by its competing airlines would help it to drive up prices during the peak summer season.   According to a company poll of...

The users of Weibo, China's version of Twitter, were sent out a message which warned them not to upload any content from the forthcoming Beijing Winter Olympics that could be determined as the property of or that infringes the broadcast rights of the broadcaster. The warning sent on Friday also...

Caterpillar Inc reported quarterly results that comfortably beat Wall Street projections for fourth-quarter revenue by more than 20 per cent.   However, the heavy-equipment maker issued a warning that rising manufacturing and labor costs could hurt the company’s operating margins during the...

The ease with which iPhone maker Apple Inc. managed to tide over the issues in the global chip supply chain has also brought some good news for the struggling markets all around the globe.   Analysts however argue that this isn't the case.   The iPhone maker, which warned three months...

Despite reporting a profit for the fourth quarter, Chevron Corp’s financial performance was lower than want the market was expecting, even though there has been a sharp rise in oil and gas prices during the quarter.   Chevron is the first major coil company to report quarterly results. The...

Ford Motor Co Chief Executive Jim Farley drew praise from Wall Street when he increased the company's electrified F-150 manufacturing objective to 150,000 units per year, which is more than three folds compared to the target that was initially set by the company.   Farley now wants investors...

Microsoft's revenue projection for the latest completed quarter is expected to be well ahead of Wall Street expectations, thanks in part to its Intelligent Cloud subsidiary.   The projection assuaged fears about growth spurred by the December quarter's results, which initially impacted...

Analysts expect Deutsche Bank to announce a net loss when it publishes fourth-quarter profits on Thursday owing to a drop in revenue at its investment bank.   A loss would be a setback for Germany's largest bank, which had previously reported five consecutive quarters of profit, its longest...