Meta Earnings: Facebook Parent’s Profit Drops 21%

Mark Zuckerberg, the founder of Facebook, has staked his company’s future on an immersive online world known as the metaverse. On Wednesday, the company showed it was still navigating that…

Alphabet Earnings: Google Parent’s Profit Drops 8%

Google’s parent company, Alphabet, reported an 8 percent decline in quarterly profit on Tuesday. The company’s core business of digital advertising remained strong, but the value of its investments declined…

Meta Spent $10 billion on the Metaverse in 2021, Dragging Down Profit

For years, Meta has tried to become less dependent on Apple, which holds the key to iPhone users, and to shift away from social networking controversies involving misinformation and hate…

Alphabet’s profit increased 36 percent to $20.64 billion in fourth quarter.

These days, there is so much uncertainty surrounding Google’s parent company, Alphabet: a global pandemic, fears of inflation gripping the U.S. economy, restive employees challenging management, and regulators and politicians…

Apple’s profit jumps to $34.6 billion in holiday quarter despite supply issues.

Apple weathered the supply chain snarls at the end of 2021 that tripped up the global electronics market and other industries, announcing on Thursday an 11 percent increase in revenue…

Tesla Reports Record Profit but Warns of Supply Problems

Tesla said Wednesday that its profit leapt more than sixfold last year to $5.5 billion, the highest total in its 19-year history, as sales soared further, especially in Europe and…

Microsoft’s profit continues to climb.

Microsoft announced record profit and sales on Tuesday despite investor fears that the pandemic-fueled tech boom may be over. The first of the largest tech companies to report earnings for…

Berkshire Hathaway’s Profit Fell in the Third Quarter

Berkshire Hathaway, the conglomerate run by the billionaire trader Warren E. Buffett, on Saturday documented a sharp minimize in earnings in the 3rd quarter, reflecting the turbulent monetary marketplaces as…

BP’s Quarterly Profit Rises as Oil and Gas Prices Soar

BP explained Tuesday that larger oil and purely natural gasoline price ranges experienced led to sharply bigger earnings in the 3rd quarter. The enterprise explained that its “underlying alternative charge…

Rovio Entertainment 3Q Net Profit Beat Forecasts

By Dominic Chopping Rovio Amusement Oyj on Thursday posted a increased-than-expected 3rd-quarter internet income as earnings was boosted by a powerful overall performance in its essential are living game titles.…