Amazon reports Q1 revenue up 13% YoY to $143.3B, a $10.4B net income, vs. $3.2B YoY, $15.3B operating income, vs. $4.8B YoY, subscription sales up 11% to $10.7B
but fails to deliver dividend Camilla Hodgson / Financial Times : Amazon cloud sales growth accelerates as group prepares for more AI spending Larry Dignan / Constellation Research : AWS annual revenu...
Coinbase beats with $2.5B Q4 revenue, $840M net income, and 11.4M monthly transacting users, up from 7.4M in Q3; 2021 revenue was $7.4B, up from $1.1B in 2020
2021 was a year of tremendous growth and development in the cryptoeconomy, as well as for Coinbase. MK Manoylov / The Block : Coinbase earned $2.5 billion in net revenue during 2021's fourth quarter T...
On Monday, Facebook's stock rose 4.2%, closing at $355.64, giving Facebook a $1T market cap for the first time, the fifth US company to hit the milestone
The irony: The milestone was achieved following a federal judge's dismissal of an antitrust complaint from the FTC, which sent shares up. https://www.axios.com/... Caleb Watney / @calebwatney : Extrem...
Amazon Q1: $75.5B revenue, up 26% YoY, net income of $2.5B, down from $3.6B in Q1 2019, AWS revenue of $10.2B, up from $7.7B YoY
an estimated $4 billion — on responding to the coronavirus pandemic...Some of the $4 billion will also fund higher wages for workers, personal protective equipment.” https://www.cnbc.com/... Jon Erlic...
Uber reports Q1 revenue of $3.1B, up 20% YoY, gross bookings of $14.65B, up 34%, net loss of $1.01B; Uber Eats revenue grew 31% to $239M, gross bookings up 108%
and Wall Street is thrilled Tweets: @cnbc : “We're probably a couple years away from really being in the clear here.” Here's what 3 experts had to say about Uber's first-ever quarterly earnings report...
Spotify reports Q1 revenue of €1.5B, up 33% YoY, reduces net loss to €142M, says it has 217M MAUs, up 26% YoY, with 100M premium subscribers, up 32% YoY
Spotify John Kennedy / Silicon Republic : This is why Spotify isn't just talking the talk about podcasts Nicholas Quah / Hot Pod News : Spotify paid ~$56 million for Parcast Marco Lancaster / Gizchina...
Pinterest sets IPO price range at $15-$17 per share, to raise as much as $1.275B at up to a $11.3B valuation; Pinterest was valued at $12.3B in its last round
below its latest private valuation Maria Deutscher / SiliconANGLE : Ahead of IPO, Pinterest sets price target below last valuation PE Hub Blog : Pinterest seeks $15-$17 per share in IPO, below last pr...
Uber reports Q4 revenue of $3B, up 24% YoY, gross bookings of $14.2B, up 37% YoY, and adjusted EBITDA losses of $842M, up 88% YoY and 60% QoQ
last valued at $77 B, which is more than Goldman Sachs (!) — saw its revenue grow just 2.3% last quarter. That is not a great number for a ‘growth’ company that lost $3.3 billion last year https://www...
Apple becomes the world's only company with a $1T market cap
combined! Edward C. Baig / USA Today : How Tim Cook and the iPhone made Apple America's first $1 trillion company Surur / MSPoweruser : Apple beats Microsoft, Google and Amazon to $1 trillion valuatio...
Facebook Q1: revenue of $11.97B, up 49% YoY, vs. $11.41B est, net income of $4.99B, up 63% YoY; MAUs up 13% YoY to 2.20B, DAUs up 13% YoY to 1.45B; stock up 8%+
but viewership is already declining Kurt Wagner / Recode : Facebook says Europe's new data privacy rules won't hurt its business — too much John Battelle / NewCo Shift : Advertisers to Democracy: ¯\_(...