Vipshop Holdings ( VIPS ) reported its first-quarter results on Tuesday, with sales reaching $3.62 billion (26.27 billion Chinese yuan), in line with the analyst consensus estimate. This is a 5.46% decrease over sales of $3.83 billion the same period last year. The Chinese online discount retailer registered adjusted earnings per ADS of 61 cents or 4.43 Chinese yuan, missing the analyst consensus...

08:58 AM EDT, 05/20/2025 (MT Newswires) -- Home Depot ( HD ) reiterated its full-year outlook on Tuesday as the home improvement retailer recorded better-than-expected fiscal first-quarter sales amid continued consumer spending on smaller projects. The company continues to anticipate per-share adjusted earnings to decrease about 2% in fiscal 2025 from the previous year's figure of $15.24. The current consensus...

Nebius Group N.V ( NBIS ) reported first-quarter financial results before the market open on Tuesday. Here’s a rundown of the AI infrastructure company’s report. Q1 Earnings: Nebius Group ( NBIS ) reported first-quarter revenue of $55.3 million, up 385% year-over-year, driven primarily by growth in the company’s core AI infrastructure business. However, the company also reported a first-quarter adjusted...

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...