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.
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.