Saudi Aramco Q1 2023 Earnings Decline 19% YoY amid Economic Uncertainty but Beat Analysts’ Expectations
Oil giant Saudi Aramco shares climbed 3.2% on Tuesday after the company posted a net income of $31.9 billion for Q1 2023.
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Oil giant Saudi Aramco shares climbed 3.2% on Tuesday after the company posted a net income of $31.9 billion for Q1 2023.
Bolt has intimated plans to become profitable in 2024 and leverage its African presence, while mulling a potential public listing in 2025.
Regional banks are financial institutions that operate in specific geographic areas of the country and often provide a variety of banking services such as deposit accounts, loans, and other financial goods.
Satellite TV provider DISH fell short of EPS and revenue expectations for Q1 2023 amid its sustained stock devaluation troubles.
The automobile industry is becoming an increasingly important market for chipmakers such as Qualcomm as the number of electric vehicles and cars equipped with advanced driver assistance systems (ADAS) grows.
The UK IPO market has come under scrutiny as analysts believe it has lost its appeal in attracting big-name tech listings.
The growth in the European indices recorded an encompassing ripple effect that spread to other major Asia-Pacific markets.
With the IPO move in full force, the logistics arm of Alibaba is looking forward to raising between $1 billion and $2 billion.
For the first time since Q1 2021, Berkshire Hathaway repurchased stock worth $4.4 billion smashing the previous record of $2.8 billion.
Due to its commendable Q1 2023 streaming numbers, Warner Bros. Discovery expects its streaming business to stay profitable this year.
Adidas has failed to give an explicit plan of what it is going to do with unsold Yeezy stock.
Amid the broader banking crisis, investors are still concerned about the next move of the government in terms of Federal Reserve policy.
Despite the raging impact of inflation in different economies, monetary authorities have not been sitting on their oars, rather, they have been fighting the surge through consistent interest rate hikes.
Block saw increased earnings on several fronts for Q1 2023 due to the success of its other businesses, including Cash App and Square.
Apple iPhone sales surprised the Street. Despite the smartphone market shrinking by 15%, Apple managed to pull off strong sales numbers for iPhones.