February 10, 2020
“Here are some highlights: Q4 Revenue: $400 million, +46% YOY, versus $371 million expected Q4 EPS: 12 cents, versus 8 cents expected Q4 Global Monthly Active Users (MAUs): 335 million, +26% YOY. Q4 GAAP Net loss: $36 million, 176% YOY Q4 ARPU (Average… Continue Reading…
January 23, 2020
“After topping the combined value of Ford and GM earlier this month, Tesla is set to overtake Volkswagen as the second most-valuable carmaker in the world as a record run in shares lifts Elon Musk’s company past the $100 billion… Continue Reading…
January 21, 2020
“The world’s richest 2,153 people controlled more money than the poorest 4.6 billion combined in 2019, while unpaid or underpaid work by women and girls adds three times more to the global economy each year than the technology industry, Oxfam… Continue Reading…
January 21, 2020
“Boeing is in talks with banks to secure a loan of $10 billion or more, according to people familiar with the matter, as the company faces rising costs stemming from two fatal crashes of its 737 Max planes. The company has… Continue Reading…
January 9, 2020
“More than 18,000 hours of internet shutdowns around the world caused by deliberate government action costmore than $8 billion in 2019, a new report estimates… The report, which examines partial and total shutdowns across 122 countries, was published by the internet… Continue Reading…
January 8, 2020
“The Federal Reserve Bank of New York added $76.9 billion in temporary money to financial markets Monday. The Fed’s intervention came via an overnight repurchase-agreement operation that took in Treasury and mortgage securities…” https://www.wsj.com/articles/fed-adds-76-9-billion-in-overnight-money-to-markets-11578321440
January 1, 2020
“Mr. Papariella’s clients often look to buy used jets, some decades old, that still perform at a high level but cost less up front, he said. A Gulfstream G4 from 2002 might cost $3 million — far better than $60… Continue Reading…
December 31, 2019
“…the richer they were at the start of the year, the richer they got. The world’s 500 wealthiest people tracked by the Bloomberg Billionaires Index added $1.2 trillion, boosting their collective net worth 25% to $5.9 trillion… Leading the 2019… Continue Reading…
December 13, 2019
“The federal government collected record total tax revenues of $470,706,000,000 in October and November, the first two months of fiscal 2020, according to the Monthly Treasury Statement released today. Despite collecting that record amount in taxes, however, the federal government still… Continue Reading…
December 9, 2019
“PG&E Corp. surged to a two-month high after reaching a $13.5 billion settlement with the victims of wildfires ignited by its power lines — a major step toward resolving the biggest utility bankruptcy in U.S. history. The agreement, announced late… Continue Reading…
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