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Earnings Report

SoftBank reports $37B Vision Fund profit on Coupang

SoftBank Group Corp on Wednesday reported a 4.027 trillion yen ($36.99 billion) fourth-quarter profit at its Vision Fund unit after booking a gain on investment Coupang, underscoring its recovery a year after a record loss.

Toyota Q4 profit nearly doubles, beats expectations

Toyota Motor Corp reported on Wednesday its fourth-quarter operating profit jumped 92%, as it shrugged off chip-supply issues and as its sales recovered from the impact of the coronavirus pandemic.

Dow slides 473 points as Nasdaq mounts comeback

U.S. equity markets traded lower Tuesday afternoon as technology and growth stocks pared their losses after falling sharply in early trading amid continued worries over inflation and what it might mean for Federal Reserve policy.

AMC theaters CEO: Movie-going is coming back

AMC Entertainment Holdings Inc. reported a loss for the first quarter, but the loss narrowed compared with recent periods as life in the U.S. starts to get back to normal amid increased Covid-19 vaccinations.

Pay Pal soars on digital payments boom

PayPal Holdings Inc reported its strongest first quarter on record and beat profit estimates on Wednesday, with a coronavirus-driven shift to online shopping and digital transactions boosting payment volumes.