Pinterest reported its declining user growth had tarnished an initially robust quarterly report, sending the company's shares down nearly 10% on the report.
On Wednesday, Canada's Shopify reported its Q1 revenue skyrocketed as much as 110%, beating analysts' forecasts, driven by the profitability of its e-commerce platform during the 2020 COVID-19-related boom in online shopping.
On Wednesday, GSK reported it had beaten analysts' estimates for its Q1 earnings on strong demand for treatment in clinics after the COVID-19 restrictions eased.
On Wednesday, Spotify Technology said it expected its paid subscribers growth below Wall Street forecast in the current quarter, as the number of users was faltering after a surge during the lockdowns.
Advanced Micro Devices has lifted its annual revenue outlook, betting on robust demand for the chips used in personal computers and data centres, as AMD's CEO assured the firm could source the chips in spite of the global supply shortage.
Microsoft reported its quarterly sales came in line with analysts' forecast, while the company's profit exceeded expectations, but shares slid due to skepticism over the tech giant's heightened valuation around $2.0 trillion.
Alphabet Inc set another profit record for the second quarter in succession and announced its plans for a $50B share buyback, but said a demand for ad sales and usage may decline on easing coronavirus restrictions.
On Wednesday, Sony Corp reported its Q4 operating profit doubled to 66.5B yen ($610.8M), compared with the last year's reading of 35.4B yenr, driven by higher demand for movies, gaming and other content.
According to top White House officials, the US President Joe Biden has signed an executive order that increases the minimum wage for federal contract workers to $15 an hour.
On Tuesday, Eli Lilly and Co reported lower than expected first-quarter profit, as the drugmaker slashed its earnings forecast for 2021.
According to sources with knowledge of the matter, OPEC+ has decided to stick to policies broadly agreed at the previous meeting to ease crude oil production cuts from May 1.
As reported by the Wall Street Journal on Tuesday, the Chinese central government is investigating how the co-founder of Alibaba Group Jack Ma won speedy approvals for his Ant Group's IPO last year.
Russia's Federal Antimonopoly Service fined the US tech giant Apple $12M for allegedly abusing the company's dominant position in the mobile applications market.
Arm Ltd, the UK chip technology company acquired by Nvidia, provided new details about the next generation of the data center technology, adding that Oracle and Alibaba Group will use its chips.
Spotify launched a paid subscription service for podcasters in the US and plans to add other regions in the following months, a week after Apple unveiled an identical service.
Toyota Motor is set to acquire Lyft's self-driving technology division for $550M, the companies announced, as the Japanese company steps up its automation plans.
United Parcel Service reported a record quarterly profit and revenue on pandemic-fueled demand for deliveries and air transportation, sending its shares up 2.1% to $197.07 in premarket trading.
Mastercard and the US crypto exchange Gemini are set to launch this year the first card, which would give users digital currency rewards of up to 3% on purchases, in 2021.
Raytheon Technologies, the US aerospace manufacturer, has lifted its full-year sales outlook's lower end on Tuesday, boosted by the robust performance of the company's defence unit as well as commercial air travel's recovery.
On Tuesday, General Electric reported a 20% plunge in its Q1 profit, tumbled by a decline in the aircraft engines demand as carriers struggle to recover following the pandemic.
The US conglomerate 3M has topped Wall Street's expectations for its Q1 profit and revenue, boosted by growing demand for personal safety products during the pandemic.
Thoma Bravo, the private equity company, is set to acquire the cybersecurity firm Proofpoint in a $12.3B worth all-cash deal, amid rising demand for network security, as many people work remotely due to the pandemic.
On Tuesday, oil rose to $66 a barrel ahead of the OPEC+ meeting over oil production policy amid concerns that the coronavirus crisis in India could hit the fuel demand recovery.
Apple is planning to build a new North Carolina campus, which would house up to 3K employees, and raise its spending goals with US suppliers.