Business

PayPal Rises As Analysts Believe 2022 Guidelines Are Reduced As "Offsetting Event"

PayPal Rises As Analysts Believe 2022 Guidelines Are Reduced As “Offsetting Event”

Analysts are debating whether the worst is over PayPal holdings (PYPL) on the back of March quarter earnings which hit Wall Street targets and lowered 2022 indications. PYPL shares rallied on Thursday after hitting a new 52-week low before the first earnings release. quarter. X After the market closed on Wednesday, the e-commerce company said …

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Facebook Earnings Beat Drives Meta Shares Soar, But Sales Have Slowest Growth in a Decade

Facebook Earnings Beat Drives Meta Shares Soar, But Sales Have Slowest Growth in a Decade

Meta Platforms Inc. is the latest tech giant to feel an economic pinch, as Facebook’s parent company reported its slowest sales growth in a decade on Wednesday and issued a lukewarm revenue guide. “Headwinds to revenue” are likely to lead to a slowdown in investment, Meta chief executive Mark Zuckerberg said in a webcast presentation …

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Futures Pop: MSFT to the rescue after the Nasdaq hit a low

Futures Pop: MSFT to the rescue after the Nasdaq hit a low

Dow Jones futures rose Wednesday morning, along with S&P 500 futures and Nasdaq futures. MSFT shares drove earnings as a parent of Microsoft and Google Alphabet (GOOGL) titled Overnight Earnings. X The stock market tumbled on Tuesday, with the Nasdaq breaking below its March lows Tesla (TSLA) crashed in reaction to CEO Elon Musk Twitter …

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Google's parent company Alphabet's first-quarter profits fell by more than $ 1 billion compared to 2021

Google’s parent company Alphabet’s first-quarter profits fell by more than $ 1 billion compared to 2021

After a record 2021 with an annual turnover of 257 billion dollars, the first time it has exceeded 200 billion dollars in a year, the parent company of Google reports in a document (pdf) that it has started 2022 with a turnover in the first quarter which increased 23% from the same period last year, …

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Microsoft Beats Earnings After Raising Prices for Office;  stocks rise after strong forecast

Microsoft Beats Earnings After Raising Prices for Office; stocks rise after strong forecast

Microsoft Corp. on Tuesday eclipsed profit and sales estimates and produced stronger-than-expected revenue across its business segments in an earnings report, and shares rose after executives’ forecasts also beat estimates. Microsoft MSFT, -3.74% reported third-quarter fiscal earnings of $ 16.73 billion, or $ 2.22 per share, compared with $ 2.03 per share a year ago. …

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