Even retail's biggest comeback story isn't safe from economic worries

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image of storefront of abercrombie
Abercrombie & Fitch reported earnings that beat expectations on Wednesday, but its growth may be slowing.

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Warner Bros. Discovery says it overpaid for its TV networks by $9 billion

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WBD CEO David Zaslav talks to Tom Cruise during the 2024 Olympics in Paris.
WBD CEO David Zaslav, seen here talking to Tom Cruise at the Paris Olympics, says his TV business is worth a lot less than he thought just a few years ago.

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Disney figured it out: You can make money in streaming if you charge more

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Disney CEO Bob Iger at the Sun Valley conference in Idaho, July 2024.
Streaming used to be a money pit for Disney CEO Bob Iger. Not anymore.

Kevork Djansezian/Getty Images

Apple's iPad is having a moment

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ipad pro

Apple

  • Apple's iPad revenue was up 24% year-over-year, according to its latest earnings report.
  • Apple execs said the growth was driven by the new iPad lineup launched in May.
  • The iPad saw a jump in revenue even as revenue from other products was largely flat.

Apple's iPad is having a moment.

Apple just bought itself some time

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Apple CEO Tim Cook
Apple CEO Tim Cook brushed off an iPhone sales decline in Greater China while boasting a revenue record of $85.8 billion for the June quarter during an earnings call on Thursday.

Justin Sullivan/Getty Images; Chelsea Jia Feng

Meta's going to spend like crazy on AI in the next year — and investors don't hate it

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Mark Zuckerberg graphic with dollar bills behind him
Meta expects infrastructure costs to be a "significant driver of expense growth next year."

Jeff Bottari/Zuffa LLC via Getty Images; iStock; Rebecca Zisser/BI

Elon Musk is probably getting a little nervous

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Elon Musk
Elon Musk sounded nervous during Tesla's Tuesday earnings call.

Beata Zawrzel/Getty Images

Alphabet's earnings show investors are impatient for the data on AI returns. No one has the answer yet.

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Google CEO Sundar Pichai
In Tuesday's earnings call, investors repeatedly asked Alphabet executives for data about the rate of return on AI projects but received little information in response.

Beck Diefenbach/Reuters

Netflix had another blowout quarter

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Netflix lot
Netflix reported second-quarter earnings after the stock market closed on Thursday.

Patrick T. Fallon/Getty Images

Wagyu beef, $1,200 swing sets, and fake trees are helping drive up Costco sales

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Costco Wholesale.
Costco Wholesale.

Tim Boyle/Getty Images

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