Increased Call for Higher Taxation Rises as Energy Giants Rake in Billions in Profit
The humongous earnings from these oil giants have been criticized by a lot of activists including Amnesty International and Global Witness.
This category covers crypto market news today, including crypto index trends, major exchange data, capital flows, sentiment shifts, regulation impact and crypto’s interaction with traditional finance. Designed to help you understand the forces driving valuation across tokens, sectors and regions.
The humongous earnings from these oil giants have been criticized by a lot of activists including Amnesty International and Global Witness.
Societe Generale reported revenue rose by 8% year-over-year to 28.1 billion euros.
Microsoft came up with a new approach to search to give answers to the “everything else” category of web searches.
After the pandemic, individuals and businesses still rely on Zoom, but the uncertainty of the global economy leads to tough measures. Zoom will not only lay off employees but also decrease salaries for the executive team.
With its already ambitious plans to grow its revenue and profit on a steady basis, BNP Paribas is looking at diversifying its businesses in order to harness the potential in new markets.
The broader tech selloffs impacted the Vision Fund Q4 2022 performance over the past year since the fund has stakes in several tech companies.
BP apparently saw significant growth across its top and bottom lines. The oil giant said its net debt in the fourth quarter was reduced from $30.6 billion to $21.4 billion.
Chinese tech giant Baidu is currently riding high on the news that the company is launching an AI chatbot called ‘Ernie bot.’
Cava filing for IPO could trigger an active year of public debuts compared to 2022.
Without naming the investors, Canoo said it would sell 50 million new shares, together with warrants that allow the investors to have the option to buy up to an additional 50 million.
Pinterest experienced an initial 12% decline in stock value following its less-than-expected Q4 2022 revenue haul.
Activision realized higher-than-expected net bookings of $3.57 billion for Q4 2022 as it hopes to conclude its Microsoft deal in June.
Since the beginning of 2023, the Nasdaq index is up by 15.60% in one of the major recoveries after last year’s downfall.
While the Japanese government’s pension fund, the largest in the world posted its losses, there are a number of global business outfits that are recording similar losses.
While the current subject of the probe into Silvergate Bank appears speculative at this time, there is a deep tie between the financial institution and FTX.