📊 With the AI token market capped at $23.9B, it’s down over 6% recently. Global crypto market has also dropped to $2.17T! 📉 All eyes are on Nvidia's report today for clues on the AI sector's health. #CryptoMarket#EarningsReport
#CableIndustry #Earningsreport#Layoffs#Paramount#Streaming 🚨Paramoun
In a landscape marked by layoffs and hefty financial charges, Paramount's unexpected streaming profits highlight a stark evolution in the media's future.
📈 Roblox reports a strong Q2 with revenue up 31% YoY to $894M and bookings rising 22% YoY to $995M. Despite a $206M net loss, average DAUs grew 21% YoY to 79.5M. Q3 bookings are projected to exceed estimates. 🚀🎮 #Roblox#EarningsReport#GamingIndustry
Meta's Q2 results show a 22% YoY revenue increase to $39.07B and a 73% rise in net income to $13.47B. Family daily active people grew 7% to 3.27B in June. META shares jumped over 5% in after-hours trading. #Meta#EarningsReport#TechStocks
Qualcomm's Q3 revenue rose 11% YoY to $9.39B, beating the $9.21B estimate. Handset chip sales increased 12% YoY to $5.9B. The company forecasts Q4 revenue above expectations. #Qualcomm#EarningsReport#TechNews
Arm's Q1 revenue surged 39% YoY to $939M, surpassing the $905.4M estimate. License and other revenue rose 72% YoY to $472M, while royalty revenue increased 17% YoY to $467M. #Arm#TechFinance#EarningsReport
Meta's Reality Labs reported Q2 revenue up 28% YoY to $353M, slightly below the $371M estimate, with an operating loss of $4.48B, better than the $4.55B estimate. Reality Labs has accumulated losses of around $50B since 2020. #Meta#RealityLabs#EarningsReport
eBay's Q2 report shows a 1% YoY revenue increase to $2.57B, exceeding estimates. GMV also rose 1% to $18.4B, and net income jumped 31% to $226M. However, Q3 revenue is forecasted to fall below estimates. #eBay#EarningsReport#TechFinance
PayPal's Q2 report shows revenue up 8% YoY to $7.89B, total payment volume up 11% to $416.81B, and transaction margin dollars up 8%. The company also raises its FY 2024 profit forecast. 📈💵 #PayPal#EarningsReport#Fintech#TechFinance
Microsoft Q4: Revenue up 15% YoY to $64.7B, with net income rising 10% to $22B. Office Commercial revenue increases 12% YoY, and LinkedIn revenue grows 10% YoY. 📈💼 #Microsoft#EarningsReport#TechGrowth#LinkedIn