Browsing: profits
Snap isn’t having a good quarter. Following news this week that the company was laying off 10% of its workforce, amounting to hundreds of employees, the…
It was alone just over a year ago that McKinsey described Africa’s fintech landscape as a “hotbed for investment”. Fast forward to today, and startups on…
Sundar Pichai says the Google One cloud storage service has nearly 100 million subscribers
Google CEO Sudar Pichai said the company’s cloud storage service Google One is set to “surpass” 100 million subscribers. Speaking during Alphabet’s Q4 2023 earnings call,…
Tesla’s strategy for driving Sales through price cuts combined with the cost of bringing the Cybertruck into production and other R&D expenses are putting pressure on…
Peer-to-peer carsharing company Escape has filed its first earnings report since going public a year ago through a SPAC combination. The company’s third-quarter earnings report detailed…
Coinbase’s third-quarter revenue beat expectations, but its shares fell as growth prospects were undermined
Coinbase, the second largest the crypto exchange by trading volume, released the Q3 2023 earnings on Thursday, giving shareholders and market participants a chance to see…