Meta’s ‘darkest days’ are ahead, but some analysts say ad sales are still on track

From all indications, Meta Platforms Inc. appears to be in mega trouble as it prepares to announce fiscal fourth-quarter results on Wednesday. Facebook’s embattled parent company META, +3.01% is awash...

Opinion: Intel just had its worst year since the dot-com bust, and it won’t get better anytime soon

Intel Corp. ended 2022 with its worst financial results since the dot-com bust more than 20 years ago, thanks to a double whammy of a downturn in both PCs and data centers that isn’t going to turn aro...

GM sales rise to 2.3 million vehicles in 2022 as EV sales soar

Shares of General Motors Co. rallied Wednesday, after the automaker reported U.S. fourth-quarter and 2022 vehicle sales that rose from a year ago, as a big jump in electric vehicle sales provided a bo...

Competitors chip away at Tesla’s share of U.S. EV market

DETROIT — New electric vehicle models from multiple automakers are starting to chip away at Tesla’s dominance of the U.S. EV market, according to national vehicle registration data. But numbers collec...

Russia and Iran Are Allies Against West, Rivals in Commodity Sales

TEHRAN—Iran and Russia are engaged in a fierce competition for sales of oil, refined crude products and metals in India, China and across Asia, as Moscow sells at prices that are undercutting one of i...

Billionaire George Kaiser’s Bank Drills Deeper Into the Oil Patch

Banks all over the U.S. and around the world have curtailed lending to the U.S. oil-and-gas sector. BOK Financial Corp. BOKF 1.09% has doubled down. The Tulsa, Okla.-based bank holding company for the...

Intel still has a lot to prove to Wall Street one year after Pat Gelsinger came home

Intel Corp. had a rough 2021, and it looks like the chip maker will still face Wall Street criticism in 2022 for its ambitious capital investment plan and the success of competitors amid continuing de...

PC Slowdown Sets a New Battleground for Chip Makers

Intel and Advanced Micro Devices have both benefited from the surge in PC sales over the pandemic, but growth is expected to flatline this year. Photo: Andrew Kelly/Reuters After a spectacular run, pe...

Tilray expected to grow sales sequentially but remain in the red

Tilray Inc. will likely grow its sales over the previous quarter but it’s expected to post a net loss when it becomes the first major cannabis company to post quarterly results in 2022 on Monday. Tilr...

Apple Stays on Top for Phone Sales in China

Apple Inc. secured the top spot for phone sales in China for a second straight month in November, according to market research data, driven by the success of the iPhone 13 series. The Cupertino, Calif...