Bloomberg The bigger they are, the harder they fall. Amazon.com Inc’s shares plummeted as much as 8.1% on July 30 after the retail giant reported sales below analyst estimates for the first time since 2018. That pared more than $130 billion from the company’s market capitalisation, a figure that, if it were for a single company, would be larger than ...

Bloomberg Procter & Gamble Co rose in early trading after reporting sales for the latest quarter that exceeded expectations despite a difficult comparison with last year’s stockpiling. The maker of Gillette razors and Downy fabric softener, which announced a leadership transition, said that organic sales, which strip out the impact of items like acquisitions and currency swings, grew 4% in ...

Bloomberg Samsung Electronics Co said it’s making foldable phones a priority, starting with a major promotional push in the latter half of this year aimed at bringing the premium form factor to a mainstream audience. Discussing its earnings, the South Korean maker of the Galaxy family of mobile devices went further and stronger in its commitment to the foldable category. ...