Consumer
eBay forecasts Q2 revenue below estimates as consumer spending remains strained
E-COMMERCE firm eBay forecast second-quarter revenue below Wall Street estimates on Wednesday (May 1), as demand cools for its key product categories such as collector’s items and auto parts,...
Starbucks points to weaker consumer as profit falls
Starbucks reported lower profits on falling sales on Tuesday (Apr 30) as the coffee giant pointed to weakening consumer sentiment and lacklustre conditions in China as factors behind an...
Opinion: Americans might finally get a real privacy law to fight Big Tech intrusions
This month, Sen. Maria Cantwell (D-Wash.) and Rep. Cathy McMorris Rodgers (R-Wash.) unveiled a rare government feat: a bipartisan bill that has lawmakers feeling “optimistic” and “fired up.”It’s the...
Visa results beat expectations on strong consumer spending trends
VISA sailed past Wall Street estimates for second-quarter profit and revenue on Tuesday (Apr 23), as consumers shrugged off worries of a slowing economy and high interest rates to...
Nanofilm Q1 revenue up 19% on recovery of consumer business
MAINBOARD-LISTED Nanofilm Technologies : MZH 0% posted a 19 per cent rise in revenue to S$39 million for its first quarter ended Mar 31, 2024, the group said in...
Opinion: You don’t need to own an iPhone for the government lawsuit against Apple to benefit you
Last month, the Department of Justice filed its long-awaited antitrust suit against Apple, accusing the company of monopolizing the smartphone market. This makes Apple the last of the U.S.-based...
US: Wall Street drops over 1% after hot consumer prices data
WALL Street’s main stock indices tumbled on Wednesday (Apr 10) after a stronger-than-anticipated inflation reading dampened hopes of the Federal Reserve kicking off its monetary easing cycle in June.A...
Bitcoin seen below US$20,000 in consumer survey by Deutsche Bank
CONSUMERS are divided over Bitcoin’s staying power, with about one-third expecting the world’s largest cryptocurrency to slide below US$20,000 by the end of the year, according to a survey...
