During the period ended June 30th, the bank’s profit dropped more than expected.
Meta released its eagerly anticipated Q2 2022 earnings came in less-than-stellar, as the company’s metaverse division sustained huge losses.
Spotify reported a 14% year-over-year jump in its paid subscribers to now at 188 million. By Q3 2022, the company expects to take its monthly active users to more than 450 million.
Unlike Robinhood, the exchange said it would not charge commission or trading fees.
Alphabet sees a major drop in the revenue growth for its advertising business due to the unwelcoming macro advertising environment.
Despite strong results, the QCOM stock took a 4% dive as the company hinted at a slowdown for the fiscal fourth quarter which could impact its earnings.
Coinbase, like most other crypto-linked stocks, has seen its values plummet on the back of the recent crypto market crash.
Multinational tech company Alphabet has posted its Q2 2022 report which shows a 13% slowdown in revenue growth.
Coinbase shares dropped by a large margin owing to reports that the exchange will be probed by the SEC for an operational indiscretion.
Based on its Q2 performance, Coca-Cola is now projecting organic revenue growth of 12% to 13%, up from the 7% to 8% it projected earlier.
The e-commerce giant is taking advantage of the new rule change by the Hong Kong Exchange that permits companies to get a double primary listing.
Amid an underperforming crypto and equities market, JPMorgan states that firms such as Coinbase and Robinhood may resort to stock dilution.
The shift in consumer spending also affects Walmart’s subscription service, Walmart+.
Following the ECB’s rates hike last week, European markets might move depending on reports from corporate earnings and a new US Fed policy.
The state of the market is generally uncertain and there is a chance that Zomato investors will be looking for every opportunity to offload the shares at every slight price gain.