
Apple (AAPL) Shares Down 3.65% as Supply Strain Stirs Q4 2021 Earnings Miss
Apple noted that its supply chain will see a further strain in the current quarter as the production operations resulting from the COVID-19 pandemic still lingers.
Apple noted that its supply chain will see a further strain in the current quarter as the production operations resulting from the COVID-19 pandemic still lingers.
The Mastercard CEO, Michael Miebach, is confident that the company is ready to offer its service when governments begin to issue CBDCs.
Facebook said it is “Introducing Meta: A Social Technology Company” to bring all of the company’s apps and technologies under this new brand.
Twitter has seen the number of monetizable users rise by 13 percent to 211 million users YoY basis.
In the recently released Q3 earnings results, Ford reported $2.4b in net income and 6.4% net income margin, on revenue of $37.5b.
Going by the daily trading data from Ark Investment Management, ARK’s purchase of Robinhood stock on Monday and Tuesday was worth $32.4 million.
Apart from good performance evident in the shares, Alphabet and Microsoft also managed to surpass growth predictions.
McDonald’s same-store sales climbed 9.6% from a year before as demand bounced back in its home market.
Robinhood revealed that the Monthly Active Users (MAU) increased by 76% to 18.9 million, compared to 10.7 million in the third quarter of 2020.
Alphabet is known for heavy spending across its various business units, and the Q3 results were a reflection that these investments are yielding the desired results.
Facebook’s latest earnings reports have a mixed bag of commentary from market analysts. The company is looking to invest into new avenues while devoting significant resources towards building metaverse.
Twitter reported its Q3 earnings and revealed that its performance was not significantly affected by Apple’s updated privacy features.
Coinbase stock has gained approximately 38%, 41%, and 6% in the past three months, one month, and five days respectively.
Along with its IPO filing, Iris Energy submitted a prospectus that revealed a 1,177% increase in revenue for the September 30 quarter.
Short-seller Iceberg Research unveiled a bearish position on the DWAC stock market on Monday.