European aircraft manufacturer Airbus said Wednesday its revenues and net profit fell during the first quarter of the year as deliveries dropped amid continuing supply chain difficulties.

Airbus net profit goes down as airplane deliveries drop due to supply chain issues

While global economies fear a recession is looming around the corner, the big tech companies are having a glorious day. Reportedly, both Amazon and Apple have posted more than impressive sales numbers against the backdrop of a slowdown.

Apple and Amazon post impressive numbers amid an economic slowdown

Silicon Valley electric carmaker reported the 13th straight quarterly loss while it takes on increasingly ambitious goals

Tesla loss widens as company works to speed production