(EnergyVoice) Equinor has incurred $1.08 billion impairment since announcing a cessation of new investments in Russia in a move to exit the country. The energy giant said that the increased…
(AMD) Advanced Micro Devices revenue in the first quarter of 2022 rose by 71% to a record $5.9 billion, with double digit growth in each of its core businesses. The…
(Airbnb) Airbnb reported 102.1 million nights and experiences bookings in the first quarter of 2022, up by 59% from the prior year. The bookings marked the first time Airbnb surpassed…
(Lyft) Shares of rideshare firm Lyft fell more than 26% on Wednesday after a disappointing outlook clouded a robust first quarter 2022 earnings. Lyft said it expects an EBITDA of…
(Pfizer) Pfizer expects lower revenues in FY22 than previously guided, despite reporting an 82% growth in first quarter revenue to $25.7 billion. Pfizer said that the stronger revenues in the…
(Chegg) Shares of Chegg Inc. fell more than 36% in premarket on Tuesday. Online-education company projected lower earnings in the second quarter and FY22. In its first quarter 2022 earning’s’…
(BP) Shares of British Petroleum jumped 5% on Tuesday after boosting its stock repurchases to $2.5 billion, compared to February increment to $1.5 billion. BP boosted share repurchase reflected a…
(onsemi) On Semiconductor Corp. earned a record $1.945 billion revenue in the first quarter of 2022, up 31% from the prior year. The company said that it delivered a record…
(Roku) Roku shares rose more than 5% on Friday after reporting revenues of $734 million in the first quarter of 2022, up 28% from the previous year. The streaming service…
(Robinhood) Robinhood stock plunged more than 11% after reporting revenues of $299 million in the first quarter of 2022, 43% lower than the comparable quarter of 2021. The brokerage firm…
(Apple) Apple reported a record revenue of $97.3 billion in the second quarter of 2022, an increase of 9% year-over-year. Apple said its operating income was $29.98 billion in the…
(Amazon) Amazon reported a net loss of $3.8 billion in the first quarter of 2022, down from a net income of $8.1 billion in the comparable quarter of last year.…