Andy Jassy, CEO of Amazon.Com Inc., speaks at the GeekWire Summit in Seattle, Washington, USA, on Tuesday, October 5, 2021. David Ryder | Bloomberg | Getty Images Amazon will report its fourth-quarter earnings after Thursday. Here’s what Wall Street expects: Profit per. shares: $ 3.57 according to a Refinitive survey among analysts Income: $ 137.6 … Read more
Spotify shares fell more than 16% in the middle of the day on Thursday after medium-growth forecasts disappointed some investors. But CEO Daniel Ek said that the growth forecasts for the first quarter should not be so big for investors. “Let’s just start with our 4th quarter. 406 million users, 180 million subscribers. It was … Read more
A Google sign is pictured during the company’s presentation of a detailed investment plan for Germany outside the Google office in Berlin, Germany, on August 31, 2021. Annegret Regards | Reuters Alphabet announced a 20-to-1 stock split in its Q4 2021 earnings report on Tuesday – for all 3 classes of its stock. Before the … Read more
Sundar Pichai, CEO of Alphabet, in Brussels, Belgium, January 20, 2020. Geert Vanden Wijngaert | Bloomberg | Getty Images Google’s parent company Alphabet reported earnings after the clock. Here are the results. Earnings per share (EPS): $ 30.69 vs. $ 27.34 expected, according to Refinitive Income: $ 75.33 billion against the expected $ 72.17 billion … Read more
Two thousand rupees banknotes displayed with an Indian flag in the background. Manish Rajput | SOPA pictures | LightRocket via Getty Images India’s central bank will launch a digital version of the rupee in the next fiscal year, the country’s finance minister said on Tuesday. “The introduction of a central bank’s digital currency will give … Read more
Metaverse loosely refers to the idea of people living and working on playing in virtual worlds. Morgan Stanley believes the market could become huge in China.
Wangwukong | Sten | Getty Images China has designated some cities and entities to test blockchain applications, underscoring the importance Beijing attaches to this particular technology. In 2019, President Xi Jinping called on China to “seize the opportunities” that blockchain provides and give its personal backing to the technology. The Chinese capital Beijing and the … Read more
Joe Rogan announces the fighters during a ceremonial weigh-in for UFC 264 on July 9, 2021 in Las Vegas, Nevada. Stacy Revere | Getty Images Spotify has been in hot water over concerns that its popular podcast star Joe Rogan is spreading misinformation about the coronavirus, in a controversy that repeats the crises that Facebook … Read more
The ByteDance Building in Shanghai ByteDance on December 8, 2020 in Shanghai, China. Xing Yun | Costfoto | Barcroft Media | Getty Images ByteDance, the Chinese Internet company that owns TikTok, eliminated a global team in its human resources department in December. During a town hall meeting that lasted about five minutes, members of the … Read more
A conceptual image showing stock market numbers and flames. Sean Gladwell | Moment | Getty Images After a blockbuster year of venture capital agreements, some investors are worried that boom times may not last much longer. Technological start-ups raised a record $ 621 billion in venture financing globally in 2021, according to CB Insights, more … Read more