When Salesforce Inc. bought the messaging application Slack for $27.7 billion almost two years ago, it said the marriage would “transform the way everyone works in the all-digital, work-from-anywhere ...
Tag: Usage/Consumption Statistics
Visa beats on earnings, increases dividend by 20%
Visa Inc. topped earnings expectations for its latest quarter, with the company’s chief executive calling out strong spending trends despite “short-term uncertainty.” The company reported fiscal fourt...
AT&T stock pulls back from historic drop after earnings
AT&T shares sank Thursday despite an earnings beat in a quarter with a lot of moving parts due to recent business divestments. While the company raised its annual forecast for mobility-service rev...
Snowflake has catapulted into ‘elite territory,’ JPMorgan says in upgrade
Snowflake Inc. is winning big praise from those in charge of tech spending, and that’s cause for an upgrade of its stock at JPMorgan. The bank’s recent survey of chief information officers found stron...
DraftKings Wrapped Up Its Investor Day. These Are the Main Takeaways.
Text size Scott Eisen/Getty Images for DraftKings DraftKings is on its way to achieving a path to profitability as it works to increase gross margins and reduce spending on customer acquisition, the c...
PayPal stock sinks after earnings as inflation, spending pressures weigh on outlook
PayPal Holdings Inc. largely matched expectations for its holiday quarter but shares plunged late Tuesday after the company delivered an earnings forecast that came up shy of expectations. Shares were...
Verizon stock has had a tough year. Is a ‘drastic’ shakeup in order?
At a time when AT&T Inc. is winning praise for disentangling itself from recent deals, is it time for rival Verizon Communications Inc. to actually think about a merger of its own? LightShed Partn...