SoftBank-backed online fashion retailer Zozo Inc's shares closed up 21% on Friday in their largest single-session gain, a day after reporting a 34% jump in first-quarter operating profit as Japanese consumers embrace online shopping.
Asian shares wobbled in a choppy session on Friday as abysmal economic data from the United States and rising global COVID-19 cases weighed on sentiment, despite strong U.S. tech earnings and signs of manufacturing recovery in China and Japan.
SoftBank-backed online fashion retailer Zozo Inc's shares were untraded with a glut of buy orders on Friday, a day after reporting after a 34% jump in first-quarter operating profit as Japanese consumers embrace online shopping.
Apple's (NASDAQ: AAPL) common shares are about to get significantly cheaper, but not because they're tanking. Concurrent with the release of its third-quarter fiscal 2020 results on Thursday, the tech giant announced that it will split that stock 4-for-1.
Asian equities were set to rise on Friday after shares of Apple, Amazon and Facebook surged in extended trading on Thursday, with Alphabet also climbing, while the U.S. dollar continued to slide.
Amazon.com (NASDAQ: AMZN) reported powerful second-quarter 2020 results after the market close on Thursday. Shares are up 4.8% in Thursday's after-hours trading session, as of 5:27 p.m. EDT.
(RTTNews) - Amazon.com Inc. (AMZN) Thursday reported a second-quarter profit that doubled from a year ago, driven by revenues growth. Shares of the online retail giant gained nearly 5% after both earnings and revenues trumped estimates.
NEW YORK/HONG KONG/MILAN/LONDON (Reuters Breakingviews) - Corona Capital is a daily column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights.
The S&P 500 (SNPINDEX: ^GSPC) ended Thursday down 0.38% after gross domestic product and unemployment numbers painted a picture of an economy struggling to recover. GDP declined at an annualized rate of 32.9% in the second quarter as stay-at-home orders ravaged the economy,
Stock markets, oil prices and the dollar slid on Thursday as new government data underscored the deep economic impact of the coronavirus and U.S. President Donald Trump raised the possibility of delaying the November election.
Apple Inc on Thursday delivered blowout quarterly results, reporting year-on-year revenue gains across every category and in every geography as consumers working and learning from home during the COVID-19 pandemic turned to its products and services.
The S&P 500 and Dow closed lower on Thursday after data painted a worrying economic picture on a crucial day for corporate earnings reports, while President Donald Trump exacerbated investor nervousness by floating the possibility of delaying the U.S. presidential election.
Amazon.com Inc beat Wall Street estimates for quarterly revenue on Thursday and forecast current-quarter sales above expectations as the coronavirus crisis drove a surge in shopping on its platform and boosted demand for its cloud services.
Amazon.com Inc on Thursday beat Wall Street's estimates for second-quarter revenue as coronavirus-driven lockdowns pushed more people to shop for groceries and other essential items on its platform.
The S&P 500 and Dow closed lower on Thursday after data painted a worrying economic picture ahead of important corporate earnings reports, while President Donald Trump exacerbated investor nervousness by floating the possibility of delaying the U.S. presidential election.
NEW YORK (Reuters Breakingviews) - The CEOs of Big Tech companies faced off against U.S. lawmakers during an antitrust hearing that raised new evidence about past acquisitions. Meanwhile, Japan’s Ootoya and Colowide engage in a food M&A
The Federal Communications Commission on Thursday said it had approved Amazon.com Inc's plan to build a network of over 3,200 satellites through "Project Kuiper" to provide high speed broadband internet service.
Stock markets, oil prices and the dollar slid on Thursday after President Donald Trump raised the possibility of delaying the November U.S. election and new government data underscored the coronavirus' deep economic impact.