
FB Stock Climbs 18%, Meta Announces Q1 2022 Earnings that Surpasses Expectations
Meta expects its Q2 revenue to be between $28 and $30 billion.
Meta expects its Q2 revenue to be between $28 and $30 billion.
PINS stock jumped 8% in after-market hours as the company’s ad revenue per user was up 28% at $1.33.
Amidst the growth in revenue and user count, the company said it increased its Operating Expense which totaled €677 million in Q1, an increase of 27% when compared to the year-ago period.
0x noted that it shall use these funds to invest in cross-chain functionality and integrate new blockchains and expand its market footprint.
Credit Suisse unveiled through the earnings report that there will be a significant change in its management moving forward.
When talking about the future, Robinhood claimed that while this was a carefully decided move.
Thanks to the funding acquired, the startup is prepared to officially roll out and scale the Holograph technology for the benefit of all.
General Motors’ net profits and margins shrank over the last year with the company facing the heat of supply chain disruptions due to Covid-related lockdowns in China.
The company’s executives are optimistic about the growth of some key diverse of its broad platforms.
Ford CEO added that the company has “every intention” to become the leading electric pickup maker globally.
Meanwhile, Grayscale continues to battle with the Securities and Exchange Commission (SEC) back on its home front.
Tesla shares plunged as investors shared concerns about Elon Musk liquidating his Tesla stock to fund his Twitter acquisition.
Microsoft revealed that Office Commercial products and cloud services spiked 12% in FY 2022 Q3.
PepsiCo has raised raised its revenue forecast for the rest of 2022 from 6% to 8% following strong figures from its Q1 2022 earnings report.
While the acquisition of Twitter is now subject to shareholder and regulatory approvals, there are many prominent figures that have criticized the move, one of whom is Jeff Bezos.