Meta Platforms (META) reported fourth-quarter earnings with revenue beating the expectations. Here are the key points:
Meta earnings per share came at $1.76 well below the forecasts of $2.26.
The revenue came at $32.17 billion above the expectations of $31.53 billion.
Daily Active Users (DAUs) were 2 billion slightly higher than the 1.99 billion...
Peloton Interactive (PTON) rallies Wednesday after the second quarter financial results of fiscal 2023. The revenue came stronger than expectations, but the loss per share disappointed investors. Here are the key points:
Peloton Revenue dropped 30% from the previous year same period, at $792.7 million topping the expectations of $710 million.
The Loss per share...
Microsoft (MSFT) reported the second fiscal quarter 2023 financial results after the market close. EPS beat the low estimates but revenue came below expectations, Azure cloud unit showed strong growth. Here are the key points:
Earnings per share came at $2.32 a decline from $2.48 a share a year ago but topping the expectations of $2.27.
Revenue for the quarter...
Euro started the week almost unchanged at 1.0831, but there are some events that will affect the price of the common currency. On the macroeconomic data, I expect to see some improvement in German CPI and the Zew surveys.
Investors will follow the speakers at the World Economic Forum in Davos including ECB President Lagarde.
Most analysts are now bullish on the...
Bitcoin rally continues for the twelfth consecutive day breaking above the 19,000 mark for the first time since November 8 2022.
Risk on sentiment pushed higher stocks and cryptocurrencies this week as investors bet that the Fed will slow the interest rate hikes especially after the inflation data released yesterday showed that the inflation is dropping at a fast...
