apple Apple Approves Four-for-One Stock Split to Lower Share Price Apple announces a four-for-one stock split that makes individual shares more affordable for everyday investors. The technology giant distributes the new shares at the end of August.
tesla Tesla Posts Record Q2 Profit, Announces New Texas Factory Tesla beats analyst expectations with its fourth consecutive profitable quarter, paving the way for potential S&P 500 inclusion. CEO Elon Musk also reveals plans to build a new manufacturing plant near Austin, Texas.
tesla Tesla Posts Fourth Consecutive Profit, Paves Way for S&P 500 Inclusion Tesla surprises Wall Street with a second-quarter profit, achieving a full year of positive earnings that qualifies the electric vehicle maker for S&P 500 inclusion. The milestone drives the stock higher and puts massive pressure on short-sellers.
youtube Google Reveals YouTube Generates $15 Billion in Annual Ad Revenue Alphabet discloses for the first time that YouTube brings in $15 billion annually from advertising. The video platform now accounts for roughly 10 percent of Google's total revenue.
google Google Reveals Hardware Division Now Generates Multibillion-Dollar Revenue Google officially classifies its hardware division as a "multibillion-dollar" business, pulling in over $2 billion annually. The category, which includes Pixel devices and Nest products, is grouped with YouTube subscriptions under a broader $17 billion revenue umbrella.
netflix Netflix Falls Short of Q3 Subscriber Targets as Pandemic Boom Cools Netflix adds just 2.2 million subscribers in the third quarter of 2020, missing its own forecasts and Wall Street expectations as the initial pandemic surge fades.
microsoft Microsoft Surpasses Q4 Expectations as Cloud and Gaming Revenue Soar Microsoft exceeds Wall Street estimates for its fiscal fourth quarter, driven by significant growth in its cloud computing and gaming divisions. Despite the strong earnings report, the company's stock drops slightly in after-hours trading.
apple Mega-Cap Tech Giants Take Center Stage in Q1 Earnings Season Apple, Alphabet, Microsoft, Facebook, and Amazon dominate this week's earnings calendar as investors seek validation for the tech sector's market-leading rebound. These companies emerge as the new defensive plays in a locked-down economy.
uber Uber Posts Massive Q1 Loss as Food Delivery Surges Amid Pandemic Uber reports a $2.9 billion first-quarter loss driven by impairment charges, while its Eats delivery segment sees a 50% jump in gross bookings. Despite laying off thousands of employees, the company remains optimistic as ride volumes show signs of recovery.
tesla Tesla Achieves Third Consecutive Profit Despite Pandemic Disruption Tesla earns $16 million in the first quarter by cutting operating expenses and boosting automotive margins. However, the company reports negative free cash flow amid the COVID-19 outbreak.
ford Ford Delays Commercial Autonomous Vehicle Service to 2022 Amid Pandemic Ford postpones its planned autonomous vehicle service launch from 2021 to 2022 due to the COVID-19 pandemic. The automaker reports a $2 billion first-quarter loss and plans to study shifting consumer behaviors before introducing the self-driving service.
netflix Netflix Surges Past Subscriber Expectations Despite Pandemic Uncertainty Netflix adds nearly 16 million subscribers in the first quarter, far exceeding Wall Street expectations. However, the streaming giant warns that future growth predictions are mostly guesswork due to the unpredictable timeline of global lockdowns.
zoom Zoom Surpasses Earnings Expectations Amid Coronavirus-Driven Remote Work Surge Zoom reports impressive fourth-quarter earnings and strong forward guidance as demand for remote work tools skyrocket during the coronavirus outbreak. Despite beating analyst estimates, the company's stock initially drops in after-hours trading.
microsoft Microsoft Lowers Revenue Expectations Due to Coronavirus Supply Delays Microsoft announces it will miss quarterly revenue guidance for its Windows-heavy segment as supply chain recovery slows. The tech giant joins Apple in feeling the financial sting of the COVID-19 outbreak.
apple Apple Shatters Revenue Records with $102.5 Billion in Q4 Apple reports a record-breaking $102.5 billion in revenue for its fourth quarter of 2025. The tech giant also achieves an all-time high in Services revenue during this milestone period.