Report that more than 500 advertisers have paused spending with Twitter, and it's daily revenue is 40 percent down from a year ago
News revenue
HP To Layoff 4,000 To 6,000 Staff Over Next Three Years
Smaller still. Thousands of job cuts are coming to HP's global workforce, in addition to the 9,000 jobs it axed three years ago
Apple Rides The Storm With Solid Earnings
Amid investor tech gloom, Apple's Q4 and full year results prove to be a bright spot, but it admits holiday quarter may be weaker
Meta Shares Plummet Over Costs, Weak Forecast
Investors take fright as Meta's revenues fall for second straight quarter, and warns of more costs ahead, forecasts weak holiday quarter
Alphabet To Cut Hiring By Half, As YouTube Declines
Second bellwether for tech sector posts its financials – Alphabet reveals disappointing ad sales, sparking fears for digital media sector
Microsoft Shares Sink After Weak Forecast
Enterprise software giant Microsoft beat Wall Street expectations, but shares fell as it issued weak guidance for the coming quarter
Netflix To Begin Password Crackdown In 2023
Streaming giant Netflix beats Q3 expectations and adds 2.4 million subscribers, while confirming global password crackdown next year
Amazon Posts Second Straight Loss After Rivian Stake Writedown
Another tech bellweather financial results show Amazon posting a second quarterly loss in a row, after a hefty reassessment of the value of its stake in Rivian
Apple Shrugs Off Economic Gloom, But Profit Slips
No slowdown in demand for iPhones says Apple despite negative macroeconomic indicators, as revenues rise 2 percent beating estimates
Alphabet Misses Earnings Forecast, But Pleases With Strong Ad Performance
Narrow miss on quarterly results gives hope Alphabet is in a decent position to weather the economic slowdown impacting others
Meta Posts First Ever Revenue Decline, Amid Intense Pressures
CEO Mark Zuckerberg warns the economic downturn has arrived, as Meta misses earnings forecast and predicts another decline
Chip Revenues To Decline 2.5 Percent In 2023, Warns Gartner
Global semiconductor revenues are projected to grow 7.4 percent in 2022, but will decline in 2023 as inflationary pressures take their toll
Microsoft Q4 Profits From Cloud Growth, But Misses Forecasts
Windows and Xbox declines for Microsoft, which blames economic turmoil as its strong furth quarter earnings misses some analyst forecasts
Tesla Sells 75 Percent Of Bitcoin Holdings
Bitcoin price slides after Elon Musk says cryptocurrency sale was to maximise Tesla's cash position after a shaky second quarter
Netflix Loses 1 Million Subscribers, But Predicts Q3 Growth
One million subscriber loss is less than 2 million prediction, as streaming giant offsets investor worry with forecast to add 1 million in Q3
Apple Profits Surge, As Firm Warns Of Trouble Ahead
No interruption for the Apple gravy train, as it shrugged off supply chain troubles. However it forecasted bigger problems ahead
Amazon Posts First Net Loss Since 2015, Amid Challenging Market
Disappointing results from Amazon with first loss since 2015, as inflation, fuel and warehouse costs and supply chain turmoil take their toll
Meta Pleases Investors After Daily User Number Growth Returns
Shares in Meta rose 20 percent in relief with modest daily and monthly user growth, despite mixed financial results in the first quarter
Alphabet Profit Slides As YouTube Misses Expectations
Tech giant posts mixed first quarter results, as Alphabet contends with rising inflation, increased YouTube competition, and falling ad spend
Netflix Subscribers Fall For First Time In Ten Years
Streaming giant Netflix reveals loss of subscribers for the first time in ten years, and mulls lower-cost subscription plan with adverts
Meta Stock Suffers, As Facebook Loses Daily Users For First Time
Facebook warns of significant Apple iOS privacy impact, which will decrease sales in the coming year by as much as $10 billion
Alphabet Posts Record Results, Announces 20 for 1 Stock Split
Google parent Alphabet posts a stunning set of quarterly and annual results, and announces a 20 to 1 stock split in the summer
Apple Shrugs Off Chip Shortage With Record Revenues
Tech giant surpasses Wall Street predictions, as revenues grow 11 percent despite Omicron variant and ongoing global chip shortage
Huawei Admits 2021 Revenues Down Nearly 30 Percent
Chinese networking giant reveals scale of challenge posed by ongoing US and Western restrictions to its business performance
Amazon Online Sales Growth Slows Amid Lockdown Easing
Growth for online shopping at Amazon settles down to more normal levels after the pandemic boost, but AWS continues to prosper
Facebook Warns Of ‘Significant’ Slowdown In Growth
Social networking giant Facebook records fastest growth since 2016, but warns annual revenue growth will slow “significantly”
Microsoft Thrives Thanks To Azure Growth
Software giant posts record results, as certain business segments (Azure) thrive during Coronavirus pandemic, but others struggle
Apple Posts Record Breaking Profit, But Warns Of Chip Shortage
Apple's earnings juggernaut continues, as strong sales of iPhones continues to drive up profits, but chip shortage looms
Intel Warns Chip Shortage Could Last Until 2023
CEO Pat Gelsinger said chip ecosystem recovering, but supply chain is stilled stressed, with chip shortages to last until 2023
Apple Profits Double As Users Upgrade To 5G iPhones
Apple reaps reward from strong spending on Macs, apps and iPads during lockdown, coupled with people upgrading to 5G iPhones