Tesla’s earnings for the fourth quarter and full year 2022 are upon us, and with them Wall Street expectations for the electric vehicle maker to hit $24.03 billion in revenue for the quarter and adjusted earnings per share of about $1.13, according to data from Yahoo Finance. If Tesla hits that revenue estimate, it will …
Big factories, big trucks and big Musk: Tesla’s Q4 earnings forecast Read More »
(Bloomberg) – Microsoft Corp. said revenue growth for its Azure cloud computing business will slow in the current period and warned of a further slowdown in enterprise software sales, fueling concerns about a steeper drop in demand for the products that have driven its momentum in recent years. Bloomberg’s Most Read Shares erased earlier gains …
Microsoft wipes out gains after saying Azure Growth needs to slow down Read More »
WASHINGTON (AP) — The Justice Department and eight states on Tuesday filed an antitrust lawsuit against Google, seeking to break its alleged monopoly over the entire online advertising ecosystem as a hurtful burden on advertisers, consumers and even the US government. The government alleged in the complaint that Google seeks to “neutralize or eliminate” its …
Justice Department sues Google for digital ad dominance Read More »
Dow Jones futures fell after hours, along with S&P 500 and Nasdaq futures, as Microsoft (MSFT) forecasts took precedence over better-than-expected earnings. ASML (ASML), Boeing (BA) and You’re here (TSLA) are in theaters Wednesday. X The stock market rally traded in a relatively narrow range on Tuesday after big gains in the previous two sessions. …
Futures Fall On MSFT Guidance; The profit wave continues Read More »
Sen. Jack Reed (DR.I.) is asking the Federal Trade Commission (FTC) to investigate soaring egg prices. The price of eggs has more than doubled since last year, from $1.79 in December 2021 to $4.25 in December 2022, according to the Bureau of Labor Statistics. In a Tuesday letter, Reed called on the FTC to investigate …
Senator calls for investigation into egg price hike Read More »
Enlarge / Let’s see, you’ve landed on my “Google Ads” space, and with three houses… that’ll be $1,400. Ron Amadeo / Hasbro It’s been expected for some time, but today the Department of Justice and eight states are suing Google for its alleged dominance in the online advertising market. The government has a problem with …
DOJ sues Google for ad dominance, wants to break up company Read More »
Waymo, the self-driving technology unit under Alphabet, quietly laid off workers on Monday, according to The Information and several publications on LinkedIn and Blind. The cuts at the self-driving vehicle company follow a wave of layoffs at Alphabet and Google late last week. It is not yet known how many Waymo staff will be affected, …
Waymo lays off staff as Alphabet announces 12,000 job cuts Read More »
The patient, Hector Campos, arrived at the emergency room with shortness of breath, a erratic fever and swollen, itchy ears. His wife explained that Campos had tested negative for COVID-19. “What do you think it could be?” Campos asked emergency medicine chief Ethan Choi, who was also confused by the man’s symptoms. Scary, right? But …
Tens of Thousands of Americans Could Have Deadly Disease Without Even Knowing It Read More »
Microsoft just released the second quarter of its fiscal 2023 financial results. The software maker posted revenue of $52.7 billion and net income of $16.4 billion during the second quarter. Turnover is up by 2%, but the net result has fallen by 12%. The results come just days after Microsoft announced 10,000 layoffs. Microsoft previously …
Microsoft Q2 2023: Windows, devices and Xbox down as the cloud holds firm Read More »
Verizon Communications (VZ) on Tuesday reported fourth-quarter adjusted profit in line with estimates, but its 2023 profit outlook fell short. VZ stock reversed as more aggressive wireless promotions, primarily smartphone subsidies, were expected to impact 2023 earnings. X For the December quarter, Verizon’s earnings were $1.19 per adjusted share, down 10% from a year earlier …
Verizon Earnings Guidance For 2023 Misses Estimates Read More »
