E-commerce company Eightco's stock soared 3,000%+ on September 8 after unveiling a plan to buy Worldcoin tokens and naming Wall Street analyst Dan Ives as chair
the Dan Ives-led Worldcoin treasury purchase is only latest example of market madness Anand Sinha / TheStreet : Tom Lee-backed penny stock surges 5,700% after surprising investment Tanaya Macheel / CN...
Microsoft reports Q4 Intelligent Cloud revenue up 19% YoY to $28.52B, vs. $28.68B est., including Azure and other cloud services up 29% YoY
but there's a rare miss for Azure cloud results Kamya Pandey / MEDIANAMA : Microsoft Reports $64.7 Billion Revenue in Q4 FY24, Marking 15% Increase Yuvraj Malik / Reuters : Microsoft beats quarterly r...
Meta reports Q2 revenue up 11% YoY to $32B, net income up 16% YoY to $7.79B, and family daily active people up 7% YoY to 3.07B for June 2023; META jumps 10%+
but most of the new users came from outside the US and Canada Karissa Bell / Engadget : Meta had its best quarter since 2021 despite losing more money on the metaverse Abubakar Idris / The Messenger :...
Apple reports Q2 revenue for its Services segment, which includes Apple TV+ and Apple Music, grew 5.5% YoY to $20.9B and its board approves a $90B share buyback
Yep. Tim invested heavily in services, he knew hardware that was just evolutionary couldn't drive the stock. Predictable revenue streams from services? Good content to fuel those subscriptions? … @...
Apple reports record Q3 revenue of $83B, up 2% YoY, vs $82.8B est., net income down 11% to $19.4B, iPhone revenue up 3% to $40.7B, Mac revenue down 10% to $7.4B
people coming from Android - saw double-digit growth) Joanna Stern / @joannastern : “We didn't have enough product to test the demand,” Cook says of impact of inflation and other macroeconomic trends ...
Meta closes down 26%, erasing ~$250B from its market cap, the biggest single-day loss in market value for a US company, after weak Q4 results and Q1 guidance
the second-biggest drop ever Steve Muchoki / Coinspeaker : FB Stock Dips Over 26% after Meta Forecasts Weaker than Expected Earnings Jody Serrano / Gizmodo : Snap Up, Zuck Down — Snap earned a profi...