Google Parent Alphabet Delivers Surging Profit But Slowing Sales Growth

Google’s parent reported surging profit on slightly slower growth in revenue, signaling uncertainty in its core business at a time when it is also dealing with a growing backlash from regulators and turmoil in its own corporate culture. Alphabet Inc. on Thursday said net profit jumped nearly 37% to $9.19 billion in the three months…

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Amazon Reports Another Profit but Sales Underwhelm

Amazon.com Inc. posted its second straight quarter of record profitability, but its recent string of blistering revenue growth is cooling. The company’s slower-growing Whole Foods Market business has weighed down gains, and its cloud-computing business faces stiffer competition. The Seattle-based company on Thursday posted a profit of $2.88 billion—about 11 times last year’s figure—extending its…

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Bull Market’s Latest Hurdle: Slowing Sales Growth

Revenue growth at U.S. companies is slowing, stirring concern that a corporate-profit boom that has driven the Dow Jones Industrial Average and other major stock indexes to dozens of records in 2018 is in jeopardy. Firms from asset manager BlackRock Inc. to computing giant International Business Machines Corp. this month have reported disappointing quarterly sales,…

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Used-Car Sales Boom as New Cars Get Too Pricey for Many

Rising new-car prices are pushing more buyers to the used-car lot, where they are finding a growing selection of low-mileage vehicles that are only a few years old. Demand for used cars was unusually strong this summer and will remain at elevated levels through the year’s end as higher interest rates and rising prices on…

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The ‘Trump Slump’: With a Friend in the White House, Gun Sales Sag

DALLAS—President Trump spoke to a cheering crowd at the National Rifle Association’s annual conference in May, saying gun owners had no stronger ally than the president and the Republican majority in Congress. For gun makers, it turns out, this is a mixed blessing. Since Mr. Trump’s 2016 victory, sales have slowed, particularly for the top-selling…

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Ontario Goes Dark in Bond Market, Setting Up Slew of Fall Sales

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