Nasdaq Sees Lower Close for Second Day amid Corporate Earnings Season
The tech-heavy Nasdaq dipped 0.18% on Wednesday to close lower for the second day as corporate earnings roll on.
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The tech-heavy Nasdaq dipped 0.18% on Wednesday to close lower for the second day as corporate earnings roll on.
Tesla CEO Elon Musk told shareholders and analysts that the company had record orders in January.
Despite seeing a surge in product demand for Q4 2022, Boeing sustained a gigantic $663 million loss due to macroeconomic constraints.
The bill was supported by some representatives of both the Republican and Democratic parties.
Microsoft is currently in the crosshairs at the time as its stock price is likely to trail a downtrend following the release of previous quarter earnings.
The early impact of Tesla cutting prices on its products was that Chinese EV manufacturers also dropped the costs of their vehicles.
Leading European tech company ASML has given higher guidance for its 2023 outing following a sound Q4 2022 earnings report.
Rocket Lab has started the year on a very promising pedestal.
Telecom giant Verizon saw a 3.5% revenue in Q4 2022 even as the company struggled with dwindling 5G equipment sales.
The company’s revenue forecast for the fiscal third quarter is between $50.5 billion and $51.5 billion.
With over $159 billion quarterly crypto traded volume from more than 108 million verified users, Coinbase has attracted more institutional investors during the 2022 bear market.
Microsoft has been working on transforming Azure into an AI supercomputer, primarily through its investments in OpenAI over the years.
Computer mice, keyboards, and webcams maker Logitech has lowered its full-year sales outlook after an underwhelming fiscal Q3 2023 report.
Several crypto stocks saw considerable increases in value while others dropped, as the 2023 Bitcoin price rally continued.
During his testimony, Elon Musk said that he indeed had support from Saudi investors who later backpedaled from their commitment.