The recent plunge caused by the fiscal Q4 2022 financial performance has caused Home Depot to lose almost 2% in its stock price in the last five days.
Having lost 41% over the past year, HAS stock has also plunged more than 4% in its year-to-date record.
DoorDash recorded a loss per share of $1.65, which is higher than the earlier prediction of 68 cents
According to a Barclays analyst, the weak Shopify Q1 2023 revenue outlook overshadows its more impressive Q4 2022 showing.
The slump in the Nasdaq Composite was fueled by some key stocks that recorded significant losses on Thursday.
The CEO of WeWork believes that the company’s Q4 2022 performance is a testament to employee efforts and product value.
Cisco has upped its guidance for the 2023 fiscal year to between $3.73 and $3.78 adjusted earnings per share
Zillow said the average monthly users for the full year was 220 million.
In January 2023, BYD sold 151,341 vehicles, including 71,338 pure electric vehicles. The company has been ranking first in the sales of pure electric vehicles in China for ten consecutive months.
Warren Buffett’s Berkshire Hathaway offloaded 86% of the TSMC stock it holds roughly 3 months after acquiring it.
In the earnings report, Airbnb noted that net revenue in Q4 2022 rose from $55 million in Q4 2021 to $319 million.
According to Form 13G filed with the Securities and Exchange Commission (SEC), Ken Griffin’s firm owns about 1.73 million shares in Silvergate Capital.
Nonetheless, Mizuno backed Musk’s contribution to Tesla indicating that “he seems to have incredible bandwidth over his work”.
Although Coca-Cola saw its Q4 2022 revenue rise, the company suffered a decline in demand for other products from higher prices.
Palantir CEO shared the guidance for 2023 as the company looks to clock a revenue between $2.18 billion and $2.23 billion making 2023 the first profitable fiscal year for the company.