
Microsoft (MSFT) Stock Advances 5% on Impressive Financial Guidance Despite Missing Estimates in Q4 2022 Results
Microsoft expects its revenue for the coming quarter to fall between $49.25 billion and $50.25 billion.
Microsoft expects its revenue for the coming quarter to fall between $49.25 billion and $50.25 billion.
Multinational tech company Alphabet has posted its Q2 2022 report which shows a 13% slowdown in revenue growth.
Coinbase shares dropped by a large margin owing to reports that the exchange will be probed by the SEC for an operational indiscretion.
The company’s metaverse is being developed as a realistic graphics platform with islands that represent destinations in a global virtual game.
Based on its Q2 performance, Coca-Cola is now projecting organic revenue growth of 12% to 13%, up from the 7% to 8% it projected earlier.
Manufacturing and industrial giant 3M has announced it will create a separate spinoff of its healthcare unit.
Leading bank UBS ascribes the less-than-stellar showing in its Q2 2022 report to a challenging period and dwindling client activity.
The e-commerce giant is taking advantage of the new rule change by the Hong Kong Exchange that permits companies to get a double primary listing.
Amid an underperforming crypto and equities market, JPMorgan states that firms such as Coinbase and Robinhood may resort to stock dilution.
While explaining its latest SEC subpoena, Tesla also said prevailing circumstances have necessitated a hike in capital spending.
CZ noted that these defamatory statements were deliberately written to malign him and mislead readers into believing that they engage in illegal or unsavory activities.
Recently, a few other digital assets exchanges have announced their expansion to Italy. Among them are Binance, BitGo, Coinbase, and Crypto.com.
Aptos is working on “next generation Layer 1” blockchain solutions specifically for the Web 3 world and its goal is to bring blockchain technology to masses.
The shift in consumer spending also affects Walmart’s subscription service, Walmart+.
Meanwhile, it appears shareholders are pleased with Tesla selling 75% of its Bitcoin holdings.