July 29, 2022

Apple reports record revenue of $83B amid high inflation

Apple (AAPL) released its Q3 earnings on Thursday, beating analysts’ expectations with record revenue of $83 billion despite fears of rising inflation. Here are the most important numbers from the report, and how they compare to Wall Street’s expectations, as compiled by Bloomberg. Revenue: $83 […]
July 29, 2022

Volkswagen keeps outlook, says Porsche IPO on track

Volkswagen said it expected to hit the high end of its profit target range for 2022 as supply chain bottlenecks ease and said it was still aiming to list the Porsche brand this year despite its CEO double jobbing as boss of both companies. Volkswagen […]
July 28, 2022

Meta Falls as Sales Miss Estimates in First-Ever Quarterly Drop

Meta Platforms Inc., the social media giant that includes Facebook and Instagram, reported its first-ever quarterly sales decline, citing advertisers’ shrinking budgets. Meta revenue slipped to $28.8 billion in the second quarter, missing the $28.9 billion average analyst estimate. The company’s forecast for the current […]
July 28, 2022

Enphase Energy Stock Jumps As Earnings Double, Guidance Strong

Enphase Energy (ENPH) easily beat second-quarter estimates with Tuesday afternoon with earnings more than doubling and the solar power firm guiding higher for the current quarter. ENPH stock jumped in overnight trade. Enphase Earnings Estimates: Wall Street expected Enphase earnings per share of 85 cents […]