Tesla CEO Elon Musk told shareholders and analysts that the company had record orders in January.
Despite seeing a surge in product demand for Q4 2022, Boeing sustained a gigantic $663 million loss due to macroeconomic constraints.
Telecom giant Verizon saw a 3.5% revenue in Q4 2022 even as the company struggled with dwindling 5G equipment sales.
The company’s revenue forecast for the fiscal third quarter is between $50.5 billion and $51.5 billion.
Co-founder Reed Hastings is stepping down as the CEO.
Consumer goods heavyweight Procter & Gamble saw its fiscal Q2 2023 earnings slip but maintained a higher organic fiscal sales growth.
The company’s stock has increased more than 30% since the year started and has grown 36.52% over the past month.
New York banking giant Goldman Sachs suffered its worst earnings miss since 2011, with quarterly profit sinking 66% year-over-year.
New York banking powerhouse Morgan Stanley has posted its Q4 2022 financial report, which reveals mixed results.
In the released earnings report, Bank of America recorded a net income of $3.6 billion for the fourth quarter while client balances stayed flat at $1.6 trillion.
The news of the mission’s failure did not augur well with the firm’s investors as reflected in its stock performance.
On Tuesday, Tesla saw its stock take a significant downturn a day after posting its December vehicle production and delivery report.
The market cap of Apple is currently less than $2 trillion following supply chain headwinds in December caused by COVID in China.
Going into 2023 analysts are expecting a further slowdown in Amazon’s retail sales growth and cloud computing business growth.
As US listing prospects improve, several US-listed Chinese tech players have halted their Hong Kong listing plans.