~$3.4B

Alibaba reports Q1 revenue up 4% YoY to ~$34B, below ~$34.9B est., and net income down 27% YoY to ~$3.4B, after aggressive promotions failed to drive spending

- Net income dived 27% as spending on promotions ballooned  — Commerce shrank in a worrying sign for Chinese consumption

Samsung reports Q1 operating profit down 95% YoY to ~$478.6M, its lowest since 2009, revenue down 18% YoY to ~$47.6B, and a ~$3.4B loss for its chip division

Samsung Electronics Co Ltd (005930.KS) flagged a gradual recovery for chips in the second half of the year after its semiconductor business reported …

Sensor Tower: total revenue generated by non-game apps hit ~$3.4B in Q2 2022 on the US App Store, surpassing mobile games, which hit ~$3.3B, for the first time

A major shift in the U.S. app economy has just taken place.  In the second quarter of this year, U.S. consumer spending …

CoinGecko: after Tether briefly lost its dollar peg, leading to $8.5B+ in redemptions, Circle's USDC circulation rose by ~$3.4B and Binance USD gained $1.2B

Baidu beats Q3 estimates with total revenue of ~$4.1B, up 27% YoY from ~$3.4B, and net income of ~$1.8B, up 56% YoY

Cate Cadell / Reuters :