Apple shares sag on soft forecast of holiday iPhone sales

Apple shares sag on soft forecast of holiday iPhone sales

Apple’s stock dropped by 5% immediately after the company announced results for its September-ending quarter Thursday. The company exceeded analyst expectations on revenue, but missed expectations on the number of iPhones sold during the quarter. Revenues came in at a record $62.9 billion. But Apple sold 46.89 million iPhones during the September quarter, and analysts […]

Fitbit Shares Jump 10% On Higher-Than-Expected Third Quarter Sales

Fitbit Shares Jump 10% On Higher-Than-Expected Third Quarter Sales

Welcome! To bring you the best content on our sites and applications, Meredith partners with third party advertisers to serve digital ads, including personalized digital ads. Those advertisers use tracking technologies to collect information about your activity on our sites and applications and across the Internet and your other apps and devices. You always have […]


Warning: Illegal string offset 'width' in /var/sites/o/onlinefinance.news/public_html/wp-content/themes/islemag/template-parts/content.php on line 27
Google, Amazon suffer market setbacks on sales outlook

Google, Amazon suffer market setbacks on sales outlook

San Francisco: Internet titans Google and Amazon came under an investor cloud after posting disappointing sales updates, with the search leader also on the defensive for reportedly hushing up sexual misconduct. Two of the world’s most valuable companies suffered slides in their share prices after releasing their quarterly earnings, declines that fuelled pessimism in Asian […]

Jeff Bezos’ Fortune Tumbles $11 Billion In One Day After Amazon Sales Disappoint

Jeff Bezos’ Fortune Tumbles $11 Billion In One Day After Amazon Sales Disappoint

Bezos’ fortune has swelled in recent months, making him the richest person in the planet by far. (Photo Credit: AP Photo/Cliff Owen, File) Easy come, easy go: Jeff Bezos’ fortune dropped by $11 billion on Friday, a day after Amazon came out with quarterly results that fell short of the mark. Shares of the e-commerce behemoth fell […]

Alphabet stock falls after Google beats on earnings, but sales come up short

Alphabet stock falls after Google beats on earnings, but sales come up short

Alphabet Inc. stock fell roughly 4% in the extended session Thursday after the company reported better-than-expected profits that handily beat Wall Street expectations but missed revenue projections. Profits clocked in at $9.19 billion for the third quarter, or $13.06 a share, much higher than analysts’ average expectations of $10.42 a share, according to FactSet. Much […]

Chipotle shares jump as earnings beat, CEO sees sales lift from new ads

Chipotle shares jump as earnings beat, CEO sees sales lift from new ads

Pricier burrito bowls and more mobile orders helped Chipotle Mexican Grill beat earnings expectations Thursday, despite fewer customers walking through the door during the third quarter. In an upbeat earnings call, CEO Brian Niccol said the company was declining to provide a specific fourth-quarter earnings forecast, but it was already seeing a lift in sales […]