Nadia Polydorou
August 11, 2022

Disney reports earnings surge and announces latest media-streaming move

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Apple sees no slowdown in demand for iPhones despite grim economy

Apple sees no slowdown in demand for iPhones despite grim economy

On Thursday, investors were encouraged by Apple's quarterly results that were "just good enough" to ease concerns about a strong dollar, inflation, chip shortages, and COVID-19 precautions in China.

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Meta stock slide after reporting first-ever revenue decline

Meta stock slide after reporting first-ever revenue decline

For the first time, Facebook parent Meta Platforms Inc. posted a decline in revenue and issued a muted outlook as it competes with rival TikTok.

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Microsoft shares climb on double digit growth guidance

Microsoft shares climb on double digit growth guidance

Driven by demand for cloud computing services, Microsoft Corp. on Tuesday forecasted revenue this fiscal year would grow by double digits in sales and operating income in fiscal 2023.

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Walmart tumbles on surprise profit warning and new cut to guidance

Walmart tumbles on surprise profit warning and new cut to guidance

In a surprise business update on Monday, Walmart revealed guidance for adjusted earnings per share to fall between 8% and 9% for the second quarter and around 11% and 13% for the full year, sending shares down 9% in U.S. premarket trading.

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Verizon stock plunge amid weak subscriber growth and guidance

Verizon stock plunge amid weak subscriber growth and guidance

Last week, shares of Verizon Communications Inc. (NYSE:VZ) plunged to their biggest drop in 14 years after the company said cash-strapped customers and stiffer competition would pressure its business through the end of the year.

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Snapchat posts weak quarterly results citing digital ad-spending slowdown

Snapchat posts weak quarterly results citing digital ad-spending slowdown

Snap Inc. painted a grim picture of a weakening economy Thursday after the company posted poor quarterly results and warned of an uncertain outlook which caused concern that rising inflation and other economic woes could cause brands to slash their marketing budgets.

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Tesla beats earnings estimates on strong revenue growth, sells most of Bitcoin

Tesla beats earnings estimates on strong revenue growth, sells most of Bitcoin

Electric-vehicle leader Tesla on Wednesday reported quarterly earnings after the bell that beat analysts' expectations again. Despite facing several challenges, including limited production and shutdowns in Shanghai for the majority of the second quarter, Tesla reported revenues of $16.93 billion.

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Netflix vows a rebound, raises new hopes of subscriber growth

Netflix vows a rebound, raises new hopes of subscriber growth

On Tuesday, Netflix, whose stock has had a rough 2022, said it had lost fewer subscribers in the second quarter than previously anticipated, sending shares up 8% in after-hours trading.

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