Tue, 21-Oct-2025

Tycoon Forrest Li’s Sea Sinks Deeper Into The Red As Shopee Losses Widen, Expenses Surge

misfortunes

Sea Ltd. — constrained by tycoon Forrest Li — sank further into the red in the main quarter as misfortunes at its online business stage Shopee extended and expenses flooded. The Singapore-based online business and gaming monster covered Tuesday that its overal deficit in the principal quarter finished March enlarged to $580 million from $422 … Read more

Walmart shares fall as greater expenses, inventory network issues and inventories eat into benefits

Walmart

Walmart on Tuesday announced quarterly profit that missed Wall Street’s assumptions by a landslide, as the country’s biggest retailer felt tension from rising fuel costs and more elevated levels of stock. Portion of the organization contacted a 52-week low on Tuesday. They shut at $131.35, down 11.38%. Walmart is a much-watched organization as financial backers … Read more