Apple beats income estimates, EPS for second quarter, iPhone leads gross sales

Tech big Apple reported its financials for the second fiscal quarter of the yr. For the quarter ended April 1, 2023, the Cupertino-headquartered tech big surpassed Wall Road expectations and…

Coinbase expands into worldwide crypto derivatives market with new platform

Coinbase, the world’s largest crypto trade, has introduced the launch of Coinbase Worldwide Alternate, a world derivatives trade for institutional crypto merchants exterior the US. This comes as Coinbase is…

Uber beats Q1 2023 avenue estimates, generates $8.82 billion in income

Uber posted better-than-expected earnings for the primary quarter of the 12 months. In its earnings report for the quarter ended March 31, 2023, the corporate introduced that it clocked a…

Disaster-hit First Republic Financial institution shut down by regulators, purchased over by JPMorgan

As per an official assertion by the Federal Deposit Insurance coverage Company (FDIC) on Monday, JPMorgan Chase received the bidding to accumulate the embattled lender First Republic Financial institution after…

SoftBank-owned chipmaker Arm confidentially recordsdata for an IPO within the US

Arm Restricted, the British semiconductor and software program design firm that had been acquired by SoftBank a number of years in the past, has confidentially filed for an preliminary public…

IPO-bound OYO reportedly turned cashflow worthwhile in This fall 2023

Hospitality main OYO turned money move constructive for the primary time, famous founder Ritesh Agarwal on Thursday. The decacorn managed to attain this within the fourth quarter of FY 2023…

Meta beats estimates to document $28.6Bn in income for Q1 2023, Actuality Labs continues to bleed

Within the first quarter of its “Yr of Effectivity,” social media big Meta beat analyst estimates after it launched its monetary outcomes for the primary quarter of the 12 months.…

Alphabet beats income, EPS estimates for Q1’23, Google Cloud turns worthwhile

Alphabet, the father or mother firm of Google, famous an increase in its inventory value in after-hours buying and selling on Tuesday after it reported its monetary efficiency for the…

Most Blinkit shops have resumed operations: Zomato

Meals supply agency Zomato has said, that many of the shops of Blinkit – the short commerce enterprise that Zomato had acquired earlier – have resumed operations. The announcement despatched…

Microsoft’s large jolt to Twitter over API expenses

Twitter simply obtained an enormous jolt, after Microsoft’s promoting platform introduced that it will cease supporting Twitter. In a message on the help web page for its promoting platform, the…