
Meta Platforms Shares Surge 23% to Record Best Day in Over a Decade
Positive Meta developments, including a good Q4 outing and rousing Zuckerberg’s comments, saw shares attain a decade-long positive phase.
Positive Meta developments, including a good Q4 outing and rousing Zuckerberg’s comments, saw shares attain a decade-long positive phase.
The company is planning to capitalize on its most active market, the United States.
Ford reported total revenues of $44 billion, thus a net income of about $1.3 billion for Q4 2022.
Amazon anticipates net sales to come in between $121.0 billion and $126.0 billion, which will represent a growth of between 4% and 8% compared with the first quarter of 2022.
Apple stopped sharing performance guidance during the COVID-19 era and the firm declined to do so also this time.
At the end of this year, Meta expects its total expense to fall between $89 billion and $95 billion.
The investor letter came as the Peloton CEO celebrated his first-year anniversary at the company.
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.
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.
The range of opportunities being seen by these firms as highlighted by Bloomberg transcends digital currency trading.
Intel CEO said the company will deal with “persistent economic headwinds” for at least the first half of the year.
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.