Ford recorded an automotive revenue of $24.1 billion, against $23 billion expected by analysts according to a survey conducted by FactSet.
Duolingo made a strong debut at Wall Street raising over $500 million worth of funds. The company plans to use these resources for expanding to overseas markets.
Facebook stock has been on a winning streak since the onset of the coronavirus pandemic.
According to PayPal’s Q2 2021 earnings report, the company has seen a 19% growth in net revenue year over year in the quarter that ended June 30, reaching $6.24 billion. However, it falls short of the $6.27 billion expected.
Visa reported revenue of $6.1 billion in Q3 2021 against an estimate of $5.86 billion according to a consensus by FactSet.
Chinese crackdown on tech and education companies put pressure on Asian indices. On the other hand, the US tech giants continue to post stellar returns in the second-quarter earnings season.
In the IPO filing, Stronghold noted that with the fundraising, it will purchase an additional 27,300 crypto miners to expand its operations and increase its hash rate.
While the Changpeng Zhao potential exit is one of the defined ways Binance looks to get back on track with regulators, the firm is also doing a lot to pacify watchdogs across the board.
Alphabet recorded a revenue of $61.88 billion during the just-concluded quarter against $56.16 billion expected by analysts according to Refinitiv.
Microsoft recorded a revenue of $46.15 billion during the prior quarter versus $44.24 billion as expected by analysts according to Refinitiv.
Despite strong Q3 earnings, Apple saw a drop in its stock price following the report. AAPL shares closed at $146.77 or 1.49% down yesterday. After hours, Apple stock lost another 2.09% to reach $143.70.
GE is expanding its wind power production into Quebec as part of its North American growth, and it is poised to do big things there too.
Ahead of the June earnings report by Apple, Wall Street analysts have deconstructed the market and provided their sentiments.
The move is less likely to affect the company’s business since it had shifted the exchange overseas a long while ago. A month ago, OKCoin had announced a shutdown of its entity in the country as well.
Blue Origin wants the agency to offer a fixed-price contract that would cover any system development cost overruns.