(BEA) The US gross domestic product posted an annual decline of 1.4% in the first quarter of 2022, marking the first time the economy has contracted since 2020. The current-dollar…
(Twitter) Twitter reported a net revenue of $1.20 billion in the first quarter of 2022, representing a gain of 16% from the previous year. The company said its advertising revenue…
(Ford) Ford said it was on course to deliver a FY22 EBIT of between $11.5 billion and $12.5 billion, which is 15% to 25% higher than 2021. The affirmed guidance…
(Teladoc) Shares of Teladoc tanked 40% on Thursday after reporting a net loss per share of $41.58 in the first quarter of 2022, compared to a loss per share of…
(Qualcomm) Qualcomm Incorporated reported a net income of $2.934 billion in the second quarter of 2022, an increase of 67% from the previous year. The company’s revenue hit a record…
(Meta) Shares of Meta’s Facebook rose more than 17% on Thursday after reporting 2.94 billion monthly active users in the first quarter of 2022, up 3% from the prior year.…
(Flexa) Flexa’s native token AMP rose more than 2% on Wednesday as the network introduced instant crypto payments from any app. Through the newly introduced Flexa Payments, the network will…
(EIA) The stockpiles of US crude oil were 414.4 million barrels in the week to April 22, an increase of 0.7 million barrels from the previous week. The rise in…
(Enphase) Shares of Enphase Energy rose more than 11% after reporting record revenue of $441.3 million in the first quarter of 2022. Enphase said its gross margin was 40.1% in…
(Boeing) Boeing reported a net loss of $1.242 billion in the first quarter of 2022, widening from a loss of $561 million in the prior year. The company’s revenue in…
(Lucid) Shares of Lucid Group rose almost 7% on Wednesday after announcing that Saudi Arabia would purchase up to 100,000 of its electric vehicles. The company said the Government of…
(Spotify) Spotify’s monthly active users were recorded at 422 million in the first quarter of 2022, up by 19% from the prior year. The MAUs surpassed an initial guidance increase…