Apple released its fiscal Q3 2022 which surpassed expectations on iPhone sales and overall revenue, but shows lower YoY profit.
Amazon CFO Brian Olsavsky hinted at the possibility of resuming hiring after letting go of thousands of employees in Q2 2022.
Both COVID-19 sales and Paxlovid contributed immensely to the impressive financial report Pfizer announced for Q2 2022.
Meta has given a gloomy picture for the third quarter with Zuckerberg adding that the “economic downturn will have a broad impact on the digital advertising business”.
The Q2 2022 report is a turnaround for Ford, which saw a net loss of $3.1 billion in Q1.
Leading European oil players Shell and Total have a combined buyback program of $8 billion in Q3 after pulling in impressive profits.
During the period ended June 30th, the bank’s profit dropped more than expected.
Meta released its eagerly anticipated Q2 2022 earnings came in less-than-stellar, as the company’s metaverse division sustained huge losses.
Spotify reported a 14% year-over-year jump in its paid subscribers to now at 188 million. By Q3 2022, the company expects to take its monthly active users to more than 450 million.
The Fed has acted on its decision to hike interest rates by 75 basis points and now sees its benchmark rate in the 2.25%-2.5% range.
The Fed decision to hike interest rates by 0.75% caused the price of Bitcoin to above $22K following a losing week.
Unlike Robinhood, the exchange said it would not charge commission or trading fees.
Alphabet sees a major drop in the revenue growth for its advertising business due to the unwelcoming macro advertising environment.
Despite strong results, the QCOM stock took a 4% dive as the company hinted at a slowdown for the fiscal fourth quarter which could impact its earnings.
While the US Fed has almost decided on the interest rate hike for this month following the two months of running inflation.