New York CNN — Big tech companies are continuing a turnaround from last year, as Alphabet, Microsoft and Snap kicked off earnings season with strong sales results for…
Read more Microsoft, Google post strong quarterly sales growth as Big Tech continues its comeback | CNN BusinessCNN — Apple on Thursday reported that its revenue fell 3% to $94.8 billion for the first three months of the year as consumers scale back spending on…
Read more Apple posts second consecutive quarterly revenue decline | CNN BusinessReuters — Lyft (LYFT) on Thursday forecast current-quarter revenue below Wall Street estimates, blaming extremely cold weather in some of its major markets and lower prices, especially during…
Read more Lyft shares fall nearly 25% after forecasting revenue below estimates | CNN BusinessNew York CNN — For years, Facebook and its CEO Mark Zuckerberg invested heavily in growth, including in areas like virtual reality with unproven potential. But after a…
Read more Meta shares surge nearly 20% as Zuckerberg pledges to make 2023 a ‘year of efficiency’ | CNN BusinessNew York CNN — To everything there is a season and now is the time for earnings. Over the past few weeks investors have been squarely focused on…
Read more Forget inflation, it’s all about earnings | CNN BusinessCNN Business — Microsoft posted a double-digit profit decline in the three-month period ending in September as the company confronted a slowdown in the personal computing industry and…
Read more Microsoft earnings hit by personal computing slowdown | CNN BusinessNew York CNN Business — Meta on Wednesday posted the second quarterly revenue decline in its history since going public and warned that it is making “significant changes”…
Read more Meta’s stock falls 17% as its quarterly profit is cut in half | CNN BusinessNew York CNN — Facebook-parent Meta on Wednesday reported that it grew sales by 3% during the first three months of the year, reversing a trend of three…
Read more Meta stock jumps after company reports first revenue growth in nearly a year | CNN Business
