Chinese home appliance giant Midea Group saw its revenue rise 10 percent year-on-year to 106.5 billion yuan ($14.99 billion) in the first quarter of 2024, the company said on Monday.
Social media giant Meta reported a surge in profit with the Facebook and Instagram parent seeing its first-quarter profit more than double, boosted by higher advertising revenue and a 6% increase in the average price of ads on its platforms, to touch $12.37 billion from $5.71 billion during the same period last year.Revenue, too, rose 27% to $36.46 billion from $28.65 billion. However, despite beating analyst estimates the stock slumped over 15% in extended trade after the company forecasted...
GUANGZHOU, April 29 (Xinhua) -- Chinese home appliance giant Midea Group
While it is unclear how Netflix is performing in India this quarter, it reportedly saw a 0% growth in monthly active users in Q4FY23, while also running into problems with some of its Indian content this quarter.
Paramount Global’s board of directors is reportedly weighing a move to oust CEO Bob Bakish and replace him on an interim basis with a committee of top executives ahead of the company’s first-quarter earnings call later today.
Netflix Reports Blowout Q1 Results & Sub Adds, But Warns Gains Will Slow, Will End Reporting Of Quarterly Subs; Stock Slides After suffering a historic collapse at the end of 2021, when in the span of five months Netflix lost 75% of its value, and when Ackman first bought then immediately dump the stock just around the generational bottom, the company has enjoyed a stellar recovery over the past two year when it rose by nearly 300%, from a low of $166 to a recent high of price of...
The skin toasted Australian Minister of Defence, Richard Marles, who resembles, with each day, the product of an overly worked solarium, was adamant. Not only will Australians be paying a bill up to and above A$368 billion for nuclear powered submarines it does not need; it will also be throwing A$100 billion into the coffers of More
The prime minister said the world is "the most dangerous it's been since the end of the Cold War".
President Joe Biden’s administration plans to press the Netherlands next week to stop its top chipmaking equipment maker ASML from servicing some tools in China, two people familiar with the
Devoid of marketed drugs, investors will focus on Viking Therapeutics' (VKTX) pipeline updates when it reports first-quarter earnings results.
Apple CEO Tim Cook said Tuesday that he wants to further increase investment in Vietnam a day after the company announced it would spending on suppliers in the Southeast Asian manufacturing hub. Vietnam has become more important to Apple as the company seeks to diversify its supply chains away from
Premier League clubs have reportedly agreed in principle to introduce a spending cap to limit the gap in financial muscle between sides at the top and bottom of the English top flight. Clubs will be limited to spending a multiple of the amount of money accrued in television rights by