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The Italian luxury sports car maker is having a great year and its stock (RACE.it) hit record highs in July, but retreats in the current quarter, despite strong results and guidance
Microsoft presented a fresh proposal regarding the acquisition of Activision Blizzard. This move comes as a response to the initial proposition being turned down by regulatory authorities in the United Kingdom. The new deal includes a series of compromises and accommodations.
The entertainment giant is having a rough patch and Wednesday’s quarterly results provided reasons for concern, but there were also promising signs
The off-road electric vehicle startup has been turning the corner after an adverse 2022 and today’s results were encouraging, since losses narrowed and the production target was moved higher
Paramount reported somewhat mixed results overnight, a week after Warner Bros.Discovery, which runs high on the box office success of Barbie
MSFT Top-Down Analysis.
The iPhone maker reported results for the quarter ended July 1 (Q3 FY2023) that largely disappointed markets and sent the stock to steep fall on Friday, which is now in a precarious position
The tech giant reported its highest net income in over a year, boosted by cost saving efforts, while offering upbeat revenue guidance, helped by strong Prime Day sales
There was uncertainty regarding GOOG.us financials with an initial negative perception about a slump in its digital ad market and its potential use of artificial intelligence. However, it released its Q2 earnings on 25 July, which showed that revenue had grown by 7% to $74.6bn. Its ad revenue grew by a modest 3.3% from a year before but was an improvement over Q1. Search revenue, which is most of its…
After the collapse of 2022, the social media giant turned things around with a series of initiatives and the stock benefits with a nine-month profitable streak – the longest since its 2012 IPO
The Facebook-parent company has been on a roll this year, with cost-cutting measures, renewed attention to AI and launch of a new platform and Wednesday’s Q2 results reinforced this narrative
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