
Spotify Reports Q4 2022 Earnings: Strong User Growth and Widened Losses
For the fourth quarter of the last year, Spotify reported 3.17 billion euros ($3.43 billion) in revenue, which is 18% up from the year-earlier period.
For the fourth quarter of the last year, Spotify reported 3.17 billion euros ($3.43 billion) in revenue, which is 18% up from the year-earlier period.
BlackRock’s support comes at a time when Silvergate Bank has been going through a pretty rough phase following the implosiong of crypto exchange FTX.
In 2022, Snap experienced a rocky year from Q1 to Q4 due to the weak economy that caused many businesses to cut back on digital ad budgets.
AMD said client segment revenue dropped 51% YoY to $903 million in 2022 Q4.
According to UBS, it expects a better Q1 as a result of the growing impact of the interest rate slowdown, as well as the easing of COVID-19 restrictions in China and other Asian countries.
Ryanair said that they witnessed very strong bookings for the summer of 2023 with passenger bookings likely to touch a new all-time high.
Adani founder and chairman, Gautam Adani, has seen a massive slide in net worth as his company sees further losses in shares.
With the current outlook in the industry, most players in the memory chip ecosystem are gradually tapering their expectations as it concerns profitability, but are now more focused on survival.
Intel CEO said the company will deal with “persistent economic headwinds” for at least the first half of the year.
BuzzFeed stock zoomed more than 200% during Thursday’s trading session as the media house announced the use of OpenAI tools for content production.
During the fourth quarter, Tesla reported automotive revenue of about $21.3 billion and total revenues of about $24.31 billion.
American multinational telecoms conglomerate Comcast had a commendable Q4 2022 outing despite stacked losses from its Peacock platform.
The tech-heavy Nasdaq dipped 0.18% on Wednesday to close lower for the second day as corporate earnings roll on.
When most of the legacy stocks perform well, there is always a significant rub-off on the Dow Futures.
Tesla CEO Elon Musk told shareholders and analysts that the company had record orders in January.