apple Apple Breaks March Quarter Records With $97.3 Billion in Revenue Apple reports record-breaking revenue of $97.3 billion and a profit of $25.0 billion for the second fiscal quarter of 2022. The tech giant also increases its dividend and authorizes a massive $90 billion stock buyback program.
meta Meta Stock Surges 18% As Q1 Earnings Beat Expectations Meta shares jump in after-hours trading after the company reports first-quarter earnings that exceed profit estimates. However, the social media giant posts disappointing revenue growth and misses on several key user metrics.
meta Meta Reverses User Decline but Bleeds Billions on Metaverse Vision Meta reports a slight increase in daily active users after a historic drop last quarter, bringing relief to executives. However, the company faces massive financial losses in its Reality Labs division as it heavily funds its futuristic metaverse ambitions.
alphabet Alphabet Misses Q1 Earnings Estimates as YouTube Ad Revenue Slows Alphabet reports weaker-than-expected first-quarter earnings and revenue, with YouTube ad revenue falling short due to tough comparisons and rising competition from TikTok. However, Google Cloud continues to show strong growth.
nvidia Nvidia Reports Record $7.6 Billion Revenue for Q4 Fiscal 2022 Nvidia achieves record-breaking quarterly revenue of $7.6 billion, marking a 53% year-over-year increase driven by massive growth across its core business segments.
nvidia Nvidia Beats Q4 Expectations as AI and Gaming Sales Surge Nvidia reports strong fourth-quarter earnings that exceed analyst expectations, driven by massive growth in its data center and gaming divisions. The chipmaker also provides an optimistic forecast for the current quarter as supply constraints begin to ease.
meta Meta Shares Plunge 26% on Weak Forecast and First-Ever User Drop Meta experiences a historic single-day stock drop as the company reports its first decline in daily active users and issues a disappointing revenue forecast. Apple's privacy changes and expensive metaverse investments heavily weigh on the social media giant's outlook.
meta Meta Faces Historic 200 Billion Dollar Market Value Wipeout Meta Platforms experiences a staggering 200 billion dollar loss in market capitalization, marking one of the worst single-day declines in stock market history. The massive drop follows a disappointing earnings report and shifting investor sentiment.
meta Meta Stock Plunges 20% as Facebook User Growth Stalls for First Time Meta reports disappointing fourth-quarter earnings and weak first-quarter guidance, causing shares to tumble over 20%. Facebook experiences its first-ever quarterly decline in daily active users amid privacy changes and shifting user habits.
meta platforms Meta Platforms Prepares to Reveal Billions in Metaverse Spending Meta Platforms reports fourth-quarter earnings with investors closely watching its massive financial commitment to the metaverse. The tech giant sacrifices short-term profits to build a futuristic digital environment.
amazon web services Amazon Web Services Accelerates Cloud Growth in Third Quarter Amazon Web Services surpasses analyst expectations with nearly 39% revenue growth, driven by ongoing pandemic-fueled cloud adoption. The cloud unit generates the majority of Amazon's operating income despite the parent company's weaker overall guidance.
alphabet Alphabet and Microsoft Stock Hit Record Highs After Strong Q3 Earnings Alphabet and Microsoft surge to record stock prices after both tech giants report third-quarter earnings that easily beat analyst expectations. The impressive results highlight the resilience of the top tech companies amid ongoing supply chain and inflation concerns.
alphabet Alphabet Tops Q3 Estimates as Ad Revenue Surges 43 Percent Alphabet beats Wall Street expectations for third-quarter earnings and revenue, driven by a massive 43 percent jump in advertising sales. The company also demonstrates resilience against Apple's privacy changes while Google Cloud losses continue to narrow.
microsoft Microsoft and Alphabet Defy Big Tech Gloom With Strong Revenue Growth Microsoft and Alphabet easily beat Wall Street revenue expectations, proving that digital demand continues to fuel the tech giants. Azure and Google Cloud lead the impressive quarterly gains.
apple Apple Smashes September Quarter Record with $83.4 Billion Revenue Apple reports record fourth-quarter revenue of $83.4 billion, a 29 percent increase year over year, fueled by new all-time highs in Services and Mac categories. The tech giant also returns over $24 billion to shareholders during the quarter.