Meta has given a gloomy picture for the third quarter with Zuckerberg adding that the “economic downturn will have a broad impact on the digital advertising business”.
If the proposed acquisition of Spirit Airlines by JetBlue gets regulatory approval, it will lead to the creation of the fifth largest airline in the United States.
The Q2 2022 report is a turnaround for Ford, which saw a net loss of $3.1 billion in Q1.
Leading European oil players Shell and Total have a combined buyback program of $8 billion in Q3 after pulling in impressive profits.
During the period ended June 30th, the bank’s profit dropped more than expected.
Meta released its eagerly anticipated Q2 2022 earnings came in less-than-stellar, as the company’s metaverse division sustained huge losses.
Spotify reported a 14% year-over-year jump in its paid subscribers to now at 188 million. By Q3 2022, the company expects to take its monthly active users to more than 450 million.
Director at Spartan Group, Leeor Groen, noted his delight to back the CLST team after the market situation exposed gaps in the crypto lending industry.
To prevent “harm” to honest competition, the FTC is insisting on blocking Meta from buying the Within company.
Alphabet sees a major drop in the revenue growth for its advertising business due to the unwelcoming macro advertising environment.
Despite strong results, the QCOM stock took a 4% dive as the company hinted at a slowdown for the fiscal fourth quarter which could impact its earnings.
Unstoppable Domains has achieved unicorn status after receiving funding from a pool of investors led by Pantera Capital.
While the US Fed has almost decided on the interest rate hike for this month following the two months of running inflation.
Coinbase, like most other crypto-linked stocks, has seen its values plummet on the back of the recent crypto market crash.
Twitter is planning a shareholder vote soon to approve the compensation payable to execs in connection with Musk’s buyout.