Chief Executive Officer

Gap posts surprise profit on Banana Republic boost; withdraws forecasts

Gap Inc (GPS.N) reported a surprise quarterly profit on Thursday on demand for dressier clothes at its Banana Republic brand, while an…

3 years ago

Singapore’s Grab says ‘laser-focused’ on profitability after bumper quarter

Singapore's Grab Holdings Ltd on Thursday lifted the lower end of its revenue forecast for the year and said it…

3 years ago

Musk sells Tesla shares worth $6.9 billion, cites chance of forced Twitter deal

Tesla Inc (TSLA.O) Chief Executive Officer Elon Musk sold $6.9 billion worth of shares in the electric vehicle maker, saying the funds…

3 years ago

Nasdaq profits top Wall Street views as software services rise

Nasdaq Inc (NDAQ.O) on Wednesday reported quarterly profits that beat Wall Street expectations, as traders turned to the exchange operator's investment-related products…

3 years ago

Bank data shows U.S. consumer financial health holds up amid rising inflation

Americans' financial health held up well in the second quarter even as inflation sent gas and grocery bills higher and…

3 years ago

Bank of America posts drop in quarterly profit as dealmaking slumps

Bank of America Corp (BAC.N) posted a nearly 34% drop in second-quarter profit on Monday, hit by a slump in investment banking…

3 years ago

TomTom sticks with revenue and cashflow guidance, giving shares a boost

Dutch digital mapping group TomTom (TOM2.AS) on Friday confirmed its revenue and cashflow guidance for 2022 and 2023, boosting its shares, after…

3 years ago

BlackRock misses profit estimates as market turbulence spooks investors

BlackRock Inc (BLK.N) posted a bigger-than-expected fall in quarterly profit on Friday as the turmoil in the global markets shrank the world's…

3 years ago

TSMC sees resilient chip sales boosting Q3; electronics demand cooling

Taiwan's TSMC (2330.TW) forecast revenue growth that could be the highest in 10 quarters, saying it was "highly confident" about its long-term…

3 years ago

Mexican used-car startup Kavak expands outside Latin America

Mexican used-car platform Kavak is investing $180 million to open offices and make its platform available in four new countries,…

3 years ago