Netflix announced that it anticipates yearly free cash flow of about $5 billion as its subscription increased by 8 percent during the second quarter.
Commenting on the segment results for Q2 2023, IBM revealed that software was its fastest-growing division.
Reportedly, select staff have access to the developing Apple AI chatbot the company plans will rival ChatGPT and Bard.
The earnings report showed that Tesla recorded increases across multiple measures, including deliveries, revenue, net income, and EPS.
Carvana announced that it had signed a deal with noteholders to reduce its total debt outstanding by over $1.2 billion, which strengthens its financial position.
The EY review revealed a “small number of errors and inconsistencies” in some contracts, but concluded no major anomalies in the company’s financial statements.
Robinhood Markets has listed three jobs for the UK market including a Compliance Officer, Operations Lead, and Senior Risk and Compliance Associate.
In response to a request for comment, AT&T Inc did not provide an immediate response to debunk the hanging fears from investors and users.
Before the secondary share sale, SpaceX noted that it would spend $2 billion on the Starship this year.
Nikola seized two major deals with BayoTech and Bosch on supplying them with its hydrogen-powered trucks. In return, BayoTech will offer its HyFill hydrogen transport trailers while Bosch shall provide its fuel cells power modules.
Delta Air Lines shares are up today after the company reported an adjusted revenue of $14.61 billion vs. $14.49 billion expected by analysts.
Technology stock popped up on Wednesday with easing yields. Analysts still expect the Federal Reserve to proceed with a rate hike later this month.
The Federal Reserve is expected to raise interest rates at its July meeting, according to market estimates.
Meanwhile, some Coinbase executives, including CEO Brian Armstrong, have been taking advantage of the stock’s rally in recent months.
Cramer has enough reason to believe that investors are better off keeping their money in the Magnificent Seven than other stocks.