Looking forward, the software company expects its full-year 2023 revenue to fall between $4.385 billion and $4.395 billion.
Cisco has given a strong outlook for the coming fiscal year after its shares surged owing to a sound fiscal Q4 2022 report.
Moving forward from the fiscal quarterly report, Cisco gave better-than-expected guidance for its full 2023 fiscal year.
Cramer said that the software companies’ nightmare that has been persisting may finally be over.
Disney announced new pricing rates for its streaming businesses in order to increase its profits.
While Coinbase reported 9 million monthly transacting users during Q2 2022, the company recorded 9.2 million in the previous quarter. Notably, the numbers exceed analysts’ estimates of 8.7 million.
Roblox will continue to invest in strategic areas that will trigger growth and monetization.
The investment company still holds about 7.1 million shares of the crypto exchange.
Following the Q2 2022 performance, Palantir expects revenue for the current quarter to be between $474 million and $475 million.
With the current outlook of the global industry, Lyft is giving a conservative projection for its future earnings as it is anticipating the full year of 2022 revenue growth that will be slower than the 36% achieved in 2021.
As Michael Saylor steps down, President Phong Le will be taking over the mantle as the new CEO at MicroStrategy. Meanwhile, Saylor will be assuming the role of Executive Chairman to focus on Bitcoin strategy solely.
All four AMD major segments increased in the last quarter, contributing to the high revenue.
However, net income attributable to Starbucks in the fiscal third quarter was $912.9 million, or 79 cents per share. This is lower than the previous year’s $1.15 billion or 97 cents per share.
The company said it has continued to record continuous growth in both its user count and the number of active drivers on its platform.
BP reported a profit of $9.3 billion, compared with a loss of $20.4 billion for the first quarter of 2022.