Ford Swings Into $12.3 Billion Net Income in Q4 2021 But Misses Estimates
(Ford) Ford announced a net income of $12.3 billion in the fourth quarter of 2021, up from a loss of $2.8 billion reported in the prior year. EBIT was reported…
Unity Software Surges as Q4 2021 Revenue Jumps 43%, Issues Robust Guidance
(Unity Software) Unity Software Inc. registered a revenue of $315.9 million in the fourth quarter of 2021, up 43% from the prior year. The company’s Create Solutions segment posted therevenue…
Amazon’s Q4 2021 Revenue Misses Estimates, but Robust Cloud Sales Boost Stock
(Amazon Inc.) Amazon’s stock rose about 12% on Friday, with investors excited about its cloud revenue which hit $17.8 billion in the fourth quarter, more than estimates of $17.37 billion.…
Snap Inc. Swings Into First Quarterly Profit, Helping Stock Jump up to 62%
(Snap Inc.) Shares of Snap Inc. rose as much as 62% in premarket on Friday as the company reported a net income of $23 million in the fourth quarter of…
Novavax Earns Approval of Its Protein-Based Covid-19 Vaccine in Great Britain
(Novavax) Britain’s Medicines and Healthcare products Regulatory Agency has approved Novavax Inc.’s protein-based vaccine NVX-CoV2373. The vaccine would be the first protein-based for active inoculation against Covid-19 caused by SARS-CoV-2…
Meta Plunges on Lower Guidance, Discloses Rivalry for User Attention From TikTok
(Meta) Facebook stock fell down by 24% as parent Meta Inc. reported 2.91 billion monthly active users in the fourth quarter of 2021, almost flat from the prior year. Daily…
Advanced Micro Devices Posts a Record $4.8B Revenue in Q4 2021, Issues Guidance
(AMD) Advanced Micro Devices posted record revenue of $4.8 billion in the fourth quarter of 2021, representing a year-over-year increase of 49%. The record revenue translated to an operating income…
Alphabet’s 20-to-1 Stock Split Expected to Entice Buyers, Boost Inclusion Into DJI
(Alphabet) Google parent Alphabet announced a 20-to-1 stock split on Tuesday as it released its fourth quarter of 2021 results that showed a 32% jump in revenue from the prior…
AMC Narrows Net Loss to Below $194.8 Million in Preliminary Q4 2021 Results
(AMC) AMC Entertainment Holdings Inc. estimates its net loss to be $194.8 million to $114.8 million in the fourth quarter of 2021, down from a net loss of $946.1 million…
Chip Issues a Thorn for EV Makers as Nio, Xpeng January Deliveries Ease
(CNBC) Chinese EV maker Xpeng delivered 12,922 electric vehicles in January, up 115% from the prior year but a drop of at least 19% from December as semiconductor shortages bite.…
UPS Stock Jumps 9% as Operating Profit Rises 91.0% in Q4 2021
(UPS) Shares of United Parcel Services rose more than 9% on Tuesday after the company reported a consolidated operating profit of $3.9 billion in the fourth quarter of 2021, up…
Xpeng Deliveries Jump by an Annual 115% in January
(Xpeng) Xpeng Inc. posted 12,922 deliveries of smart electric vehicles in the first month of 2022, up 115% from the prior year. January deliveries mean that Xpeng has closed the…
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