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Saturday, November 28, 2020
Tags Earnings

Tag: Earnings

SaaS stocks survive earnings, keeping the market warm for software startups, exits

We’re on the other end of nearly every single SaaS earnings report that you can name, with the exception of Slack, and shares of...

Box benefits from digital transformation as it raises its growth forecast

Box has always been a bit of an enigma for Wall Street, and perhaps for enterprise software in general. Unlike vendors who shifted to...

TikTok rival Likee reaches 150M monthly users worldwide

As TikTok’s fate remains in flux, its smaller rival Likee has been making waves around the world, garnering 150 million monthly active users as...

Tesla announces 5 for 1 share split, rallies 8%

Today after the close of regular trading Tesla, a well-known American electric vehicle company, announced that it intends to split its shares 5 for...

Uber’s delivery business is now larger than ride-hailing

Uber reported its second-quarter earnings Thursday, and buried in the blizzard of less-than-rosy numbers is a stunning figure that illustrates how much the company...

Uber shares drop 4% after it loses more money than expected in Q2

Today after the bell, American ride-hailing giant Uber released its second-quarter results. The company’s revenue fell compared to both the year-ago quarter (Q2 2019), and...

Even as cloud infrastructure growth slows, revenue rises over $30B for quarter

The cloud market is coming into its own during the pandemic as the novel coronavirus forced many companies to accelerate plans to move to...

Big tech crushes Q2 earnings expectations

Today after the bell, Apple, Alphabet, Facebook and Amazon reported their earnings results. Each bested expectations, and all but one are up sharply in...

Apple smashes Q3 revenue expectations despite pandemic

COVID-19 isn’t keeping Apple down. The company smashed Wall Street expectations, delivering Q3 revenue of $59.69 billion, beating down the $52.25 billion analysts had expected....

Huawei posts revenue growth in H1 despite sanctions and pandemic

Huawei reported a 13.1% year-over-year revenue growth in the first half of 2020, even if countries around the world continued to weigh up bans...
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Asian stocks fall amid unease about vaccine development

Asian stock markets declined on Friday as questions about the effectiveness of one possible coronavirus vaccine weighed on investor optimism.Benchmarks in Tokyo, Hong Kong,...

India discusses further opportunities to work with UAE in a ‘changing world’

Noting that the experiences from the COVID era hold lessons for both India and the United Arab Emirates, External Affairs Minister S Jaishankar has...

‘Let’s Change Everything Except our Wives and Children’, Lee Kun-hee in 1987 that changed the story for Samsung; Year 2020, A look inside Samsung’s...

We need no introduction to Samsung, a South Korean multinational headquartered in Samsung Town, in Seoul; it was founded in the year 1938 as...

Govt Permits Taxi Aggregators Like Ola, Uber To Charge Drivers 20% Commission Of Total Fare

Taxi aggregators like Uber and Ola will draw an expense of 20% of the base admission, the vehicle service said in a bunch of...