Shares of Amazon.com, Inc. edged down in extended trading on Thursday after the company issued disappointing first-quarter results. The world’s biggest online retailer plunged 8.99% or 259.94 points to $2,631.99 per share. It negatively moved from an upswing of 4.65% or 128.59 points to $2,891.93 per share in the regular hours market. Accordingly, the slump …
Many established companies are founded on brilliant ideas. However, excellent ideas can sometimes go only so far without enough financial backing.Startups require significant monetary support to realize their visions and move forward. For several entrepreneurs, venture capital (VC) can provide them with the capital necessary to help them grow in the early stages of their …
Venture Capital: A Guide to Investing in Startups Read More »
A new blockchain project, the Castello Coin, reduces the process of entering the classical art world by making it more comfortable than ever to take part in the buying and selling of prestigious art. Castello Coin is an online means of payment for physical artworks; it permits trading NFTs that are currently bought and sold …
New Castello Coin Connecting Digital and Tradition Read More »
Qualcomm Inc.’s strategy to diversify into the growing non-handset business paid off with upbeat second-quarter earnings. The semiconductor company delivered earnings of $3.21 per share, surpassing the $2.91 expected. This figure also represented an increase of 69.00%. Then, the total revenue was $11.16 billion, significantly higher than the market consensus of $10.60 billion. Accordingly, the …
Qualcomm’s Plan to Diversify Pays Off in Q2 Results Read More »
Shares of Meta Platforms significantly surged on Wednesday after hours after the company posted earnings that surpassed market estimates. The Facebook parent jumped 18.37% or 32.14 points to $207.09 per share. The stock reversed a decline of 3.32% or 6.00 points to $174.95 per share in the regular trading session. Then, the notable upturn sent …
Meta stocks skyrocket following Q1 earnings beat Read More »
Google parent Alphabet Inc released weaker-than-expected earnings and revenue for the first quarter, primarily hit by a big miss at YouTube. The world’s largest provider of search and video reported revenue of $68.01 billion. However, it came in lower than the average market estimate of $68.11 billion. At the same time, the figure indicated a …
Alphabet Inc. Reports Weak Revenue on Slower YouTube Ad Read More »
Shares of Microsoft Corporation notched a higher turn on Tuesday’s post-trading after the company issued upbeat fiscal third-quarter earnings, bolstered by solid cloud revenue. The software maker rose 4.47% or 12.08 points to $282.30 per share. The stock completely reversed its downturn of 3.74% or 10.50 points to $270.22 per share in the regular hours …
The current sharp drop in graphic processing units (GPU) could signal an unexpected ending to a global chip crunch. Earlier this month, analysts said the markup over the manufacturer’s suggested retail price (MSRP) has skidded to 41.00% from 77.00%. Then, tech news site 3DCenter, which tracks European graphic chip prices, also reported a significant decline …
GPU Prices Lag, Raising Hopes to End Chip Crunch Read More »
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