Tag: Financial Performance

Microsoft tops $60 billion in annual earnings for the first time to cap record-breaking year

Microsoft Corp. finished yet another record-breaking year with more than $60 billion in profit and $165 billion in sales, showing why it has become only the second $2 trillion company in U.S. stock market history, and shares turned around after it projected more growth. Microsoft MSFT, -0.87% on Tuesday reported fiscal fourth-quarter earnings of $16.46 […]

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Opinion: Elon Musk says he is done with regular earnings calls. Tesla investors are better off.

Elon Musk says he is done with regular appearances on earnings calls. Tesla Inc. and its investors should be thankful. Musk said Monday, while detailing Tesla’s first quarter with more than $1 billion in profit, that he would no longer participate on such conference calls, “unless there’s something really important that I need to say.” […]

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Tesla tops $1 billion in profit, delays Semi launch

Tesla Inc.’s profit topped $1 billion for the first time in the company’s history and its sales nearly doubled, zooming past Wall Street expectations, but there was no stock rally late Monday as a “limited” battery supply and the ongoing chip shortage crimped the Silicon Valley electric-car maker’s output and forced it to delay the […]

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Plastics prices can keep rising as Dow sees demand continuing to outstrip supply

The big price increases that helped boost Dow Inc.’s second-quarter earnings are likely to continue, as the plastics and chemical said Thursday that it expects pent-up demand to keep outstripping supply in the coming months. “ “[S]trong consumer demand trends continue in retail, housing and the manufacturing sectors, and inventory levels remain low across most […]

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