Alphabet ad revenue exceeds share caps

27.07.2022
The tech giant said second-quarter adjusted earnings per share hit $1.21, compared to $1.32 analysts had expected, according to Bloomberg data. Meanwhile, revenue excluding TAC, or traffic acquisition costs, was $57.47 billion, compared to $58.14...
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Cryptocurrency is in for a tough week

25.07.2022
Bitcoin and other cryptocurrencies declined on Monday as investors began a week dominated by economic news and corporate earnings that could lead to new digital asset volatility. Cryptocurrencies have risen from the depths of the...
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Why a plan to forcefully cap Russian oil prices might work

25.07.2022
The U.S. is still "far" from reaching an international deal to impose a price cap on Russian oil exports, Biden's senior energy adviser said, with the enthusiasm of India and China, the world's biggest energy...
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Apple earnings may fall short of estimates, warns Morgan Stanley

21.07.2022
Apple's earnings estimates and price targets continue to slide as Wall Street is cautious ahead of the company's June quarter report due on July 28. Investors are scrambling to see how the June quarter results...
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Tesla Sells $936 Million in Bitcoin

21.07.2022
Electric vehicle maker Tesla (TSLA) sold $936 million worth of bitcoin in the second quarter, the company said on Wednesday, citing the uncertainty surrounding a shutdown in China due to COVID-19. Tesla's remaining digital assets...
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