On Tuesday, Airbnb rose after releasing its strongest fourth quarter, surpassing experts’ earnings per share and revenue estimates. Its stock price increased by 3.82% to $120.87 per share on February 14. Likewise, it is anticipated to improve further by 9.95% to $132.90 apiece in the upcoming session. Its earnings per share were $0.48, beating the …
Airbnb Stock Rose as Earnings Beat Analysts’ Forecast Read More »
Oracle Corporation official said that the company wants to increase its presence in cloud computing and is opening its third sector in Riyadh. Technology companies set up data centers to transfer data quickly. This is because there is an increased demand for cloud computing. Saudi officials put pressure on international companies. They want companies to …
Oracle Corporation invests 1.5 billion dollars in Saudi Arabia Read More »
On Tuesday, Zoom Video Communications announced an employee lay-off as the demand for video conferencing slowed after the pandemic. Its stock price went up by 9.85% to $84.66 per share on February 07. Yet, it is anticipated to go down by 0.09% to $84.58 apiece in the upcoming session. The firm’s services slowed down due …
Zoom to Lay-Off Staff amid Slow Pandemic-Fueled Demands Read More »
The value of the Turkish lira fell to a record low yesterday, and the decline was also felt in the Turkish stock market after yesterday’s devastating earthquake added to existing pressures in the form of a strong dollar, geopolitical risks, and surprisingly high inflation. According to Reuters, the Tukish lira fell 18.85 percent against the …
On Tuesday, prices of Chicago Board of Trade (CBOT) soybeans went higher as harvest slowed in Brazil due to heavy rains. Soybean futures for March delivery increased by 0.28% to $1,526.25 per metric ton in the afternoon Asian session. According to analysts, farmers in Brazil have harvested more than 14.00 million tons of soybeans in …
On Wednesday, Meta reported a strong fourth-quarter 2022 revenue and announced a mega stock buyback, pushing its share price higher. The company ended the February 01 session by gaining 2.79% to $153.12 per share. In the upcoming stretch, it is forecasted to rise further by 20.16% to $184.00 apiece. In Q4 2022, Meta said its …
Meta Unveils Strong Q4 Revenue, Announces $40B Stock Buyback Read More »
Bitcoin miners are trying to make the cryptocurrency a little greener, which has a bad reputation for pollution. That puts more focus on Bitcoin, which emitted 86.3 million tons of carbon in 2022. However, nuclear power might help. Cumulus Data has a data center connected to a nuclear power plant in Pennsylvania. They’re going to …
On Friday, Chevron reported weak fourth-quarter 2022 financial results and announced a $75.00 billion share buyback program. The energy giant’s stock price plummeted by 4.44% to $179.45 apiece on January 27. Yet, it is anticipated to increase slightly by 0.40% to $180.17 per share on Monday. Chevron said its revenue came at $56.47 billion, higher …
Chevron Unveils Weak Q4 Data, Announces $75B Stock Buyback Read More »
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