Salesforce has doubled down on its share buyback program which it commenced last year and said it will be committing the sum of $20 billion to the initiative.
English luxury automaker Aston Martin recently saw its shares surge following its optimistic 2023 forecast.
Despite its less-than-impressive performance, HP gave a bullish forecast for the current quarter saying it expects its adjusted diluted earnings per share to be in the range of $0.40 to $0.50.
In its Q4 2022 report, Rivian explained that supply chain constraints continue to affect its production capacity.
The company’s future guidance for 2023 doesn’t look promising as it tries to crawl back from difficulties while moving toward profitability.
Looking forward to the new fiscal year, Zoom expects growth to continue to slow down following Q4 performance.
Despite the current outlook, a major resilience play might be in the works for the US stock market in the mid to long term.
Netflix shares dropped 5% after the company announced it is slashing prices in Asia, the Americas, and the Middle East.
Alibaba saw a decline in the value of transactions on the online shopping platforms during the fiscal Q3.
With its impressive performance for both the fourth quarter and the full fiscal year, Grab has shared a positive projection for the current quarter and for 2023.
According to Bumble CEO Whitney Wolfe Herd, the company’s Q4 and full-year 2022 performance strengthens confidence in “long-term opportunity.”
The S&P 500 sustained its fourth day of losses following suggestions that the Fed could keep battling inflation aggressively.
As Etsy managed to beat the Street estimates for Q4 2022 revenue, ETSY stock price surged by 6.46% in aftermarket hours. In Q1 2023, Etsy is expecting gross merchandise sales (GMS) anywhere in the range of $2.95 billion to $3.15 billion
For the current quarter, eBay expects revenue to fall between $1.46 billion and $2.50 billion, exceeding estimates of $2.34 billion.
Coinbase claims that Q1 is already showing improvements over Q4.