Looking forward to the new fiscal year, Zoom expects growth to continue to slow down following Q4 performance.
Despite the current outlook, a major resilience play might be in the works for the US stock market in the mid to long term.
The China Securities Regulatory Commission (CSRC) recently announced rules for domestic companies considering overseas IPOs.
EV makers Lucid, Nikola, and Lordstown saw their stock decline mostly owing to disappointing failures regarding their production figures.
Netflix shares dropped 5% after the company announced it is slashing prices in Asia, the Americas, and the Middle East.
Alibaba saw a decline in the value of transactions on the online shopping platforms during the fiscal Q3.
The IMF had previously stated that crypto assets could be used to escape capital control.
With its impressive performance for both the fourth quarter and the full fiscal year, Grab has shared a positive projection for the current quarter and for 2023.
According to Bumble CEO Whitney Wolfe Herd, the company’s Q4 and full-year 2022 performance strengthens confidence in “long-term opportunity.”
The S&P 500 sustained its fourth day of losses following suggestions that the Fed could keep battling inflation aggressively.
As Etsy managed to beat the Street estimates for Q4 2022 revenue, ETSY stock price surged by 6.46% in aftermarket hours. In Q1 2023, Etsy is expecting gross merchandise sales (GMS) anywhere in the range of $2.95 billion to $3.15 billion
Bitcoin price has gained nearly 50 percent YTD, significantly contributing to Coinbase shares rallying over 72 percent since the calendar flipped.
For the current quarter, eBay expects revenue to fall between $1.46 billion and $2.50 billion, exceeding estimates of $2.34 billion.
Automotive corporation Stellantis targets global BEV sales of 5 million by 2030 following its commendable full-year results.
Coinbase claims that Q1 is already showing improvements over Q4.