Netflix said today it will stop reporting quarterly subscriber numbers starting in 2025, a huge change for the giant streamer whose stock tends to get buffeted up or down (mostly up lately) by those numbers. In a letter to shareholders along with first-quarter earnings, the company said it’s now focused …
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The decision by the FASB to allow fair-value accounting for digital assets is a huge step forward for companies like MicroStrategy. Software developer MicroStrategy Inc (NASDAQ: MSTR) is set to report its Bitcoin (BTC) holdings quarterly without recognizing impairment losses in case of crypto price declines during the reporting period. …
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Ripple announced the recent ruling has pushed it to shift its approach to XRP market transparency, particularly on the escrow holdings. The recent ruling on SEC vs Ripple lawsuit has undeniably helped XRP gain in value and also traded volume. Following the ruling earlier last month, several centralized cryptocurrency exchanges …
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German banking powerhouse Deutsche Bank posted commendable Q1 2023 figures and remained on track to outperform revenue growth targets. Deutsche Bank registered its 11th straight quarterly profit according to its Q1 2023 earnings report released Thursday. For the period-ended March 31st, the German banking giant posted a net profit of 1.158 billion euros, …
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Analysts say that expected figures from Samsung will likely reveal a heavy crash in operating profit as the company struggles to sell chips. Samsung Electronics Co Ltd is expected to see an unprecedented crash in first-quarter profit. According to a Reuters publication, Samsung will likely suffer its worst profit crash in …
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A recurring pattern of recent employee layoffs among tech giants reveals these companies are hedging against economic uncertainties. Despite the current economic conditions, a number of tech giants are still likely to embark on company layoffs even though they are turning profits. These layoffs have been ascribed to a slowdown …
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:Apple Inc on Thursday mentioned income within the begin of the yr could be just like the 5 per cent drop it posted for the vacation quarter however that iPhone gross sales had been probably to enhance. For the just-ended quarter, Apple’s gross sales and income missed Wall Road expectations …
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Attendees wait in line beneath a big LED show of sensible related house merchandise to enter the Samsung Electronics sales space, through the Shopper Electronics Present (CES) in Las Vegas, Nevada, on January 6, 2023. Patrick T. Fallon | AFP | Getty Pictures Shares of semiconductors in Asia fell as …
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Shares of Bajaj Finance surged 5 per cent to Rs 6,020 on the BSE in Monday’s intra-day commerce in an in any other case unstable market after the buyer financier reported its highest-ever consolidated quarterly revenue at Rs 2,973 crore within the October-December quarter (Q3) …
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Shopper financier Bajaj Finance reported its highest ever quarterly revenue at Rs 2,973 crore within the October-December quarter (Q3) of FY23, up 40 per cent yr on yr (YoY). The efficiency was aided by a wholesome rise in web curiosity earnings (NII) and drop in …
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New York CNN — Southwest Airways reported a loss for the fourth quarter due to the corporate’s service meltdown over the vacation journey season, and it warned the prices from these issues will lead to one other loss within the first quarter. The airline was compelled to cancel greater than …
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Regardless of seeing a surge in product demand for This autumn 2022, Boeing sustained a big $663 million loss as a consequence of macroeconomic constraints. Boeing (NYSE: BA) just lately posted its Q4 2022 financial report, which confirmed a dropping effort characterised by labor and provide strains. The American aeronautics manufacturing big …
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