General Motors’ net profits and margins shrank over the last year with the company facing the heat of supply chain disruptions due to Covid-related lockdowns in China.
The company’s executives are optimistic about the growth of some key diverse of its broad platforms.
Tesla shares plunged as investors shared concerns about Elon Musk liquidating his Tesla stock to fund his Twitter acquisition.
Microsoft revealed that Office Commercial products and cloud services spiked 12% in FY 2022 Q3.
Zhao stated that despite what many people think, the price of Bitcoin is less unstable when compared to Apple and Tesla.
PepsiCo has raised raised its revenue forecast for the rest of 2022 from 6% to 8% following strong figures from its Q1 2022 earnings report.
While announcing the 2022 Q1 result, UBS stated the factors that caused uncertainties during the quarter.
Coca-Cola released its Q1 2022 results which surpassed analysts’ expectations despite the pandemic and suspending operations in Russia.
In order to mitigate the effects of the perceived risks, the company is going to be introducing a lot of cost-cutting measures across the board.
European markets opened 1.3% lower at the beginning of the week as investors continue to monitor developments around the war in Ukraine.
COIN stock has been on a continuous downward trajectory since the beginning of 2022 and has corrected more than 60% from its all-time highs.
Twitter is re-examining the takeover proposal Elon Musk earlier submitted and may negotiate a potential terms of sale with the billionaire.
Musk’s Twitter offer has attracted private equity companies. Thomas Bravo informed Twitter that it is exploring the possibility of coming up with a bid.
In addition to its poor performance in 2022 Q1, Snap also reported a substantial net loss.
According to the report, Goldman Sachs promised to render assistance to FTX in reducing the negative effect of regulations in the United States.