January 19, 2023
“…For the three-month period ended Dec. 31, the company reported net income of $3.9 billion, or $1.59 per share, excluding items, down from $4.22 billion, or $1.66 per share, a year earlier. Net sales fell to $20.77 billion, a 1% decrease… Continue Reading…
January 12, 2023
“President Joe Biden had included increased funding for the IRS in the Inflation Reduction Act to help the agency catch sneaky tax evaders — especially those high-earners who love to find loopholes. Advocates believe the increased funding could raise as… Continue Reading…
December 9, 2022
“TSMC, the world’s largest contract chipmaker, on Friday reported a surge in revenue in November thanks in part to orders of semiconductors for high-end smartphones such as Apple’s iPhone. The Taiwanese firm, which makes chips for other companies, said November revenue totaled… Continue Reading…
December 5, 2022
“If you’re expecting a tax refund in 2023, it may be smaller than this year’s payment, according to the IRS. Typically, you get a federal refund when you’ve overpaid yearly taxes or withheld more than the amount you owe. Your annual… Continue Reading…
December 5, 2022
“If you use third-party payment platforms, like PayPal, Venmo or Cash App, to collect payments for your side gig or business, the Internal Revenue Service (IRS) wants to remind you to report payments of at least $600. This rule is aimed at individuals who… Continue Reading…
October 14, 2022
“Citigroup said Friday that its third-quarter earnings fell 25% as it bulked up its credit loss provisions and investment banking slumped. However, Citi shares gained more than 2% as revenue climbed more than analysts expected, helped by rising interest rates, and… Continue Reading…
August 25, 2022
“Peloton on Thursday reported widening losses and slumping sales in its fiscal fourth quarter as the connected fitness equipment maker attempts to win back investors with cost cuts and strategic shifts. Shares declined more than 14% in premarket trading, a day… Continue Reading…
August 22, 2022
“FTX rode the crypto craze to a billion dollars in revenue last year while expanding its global footprint through a flurry of acquisitions, according to internal documents seen by CNBC…. The crypto exchange’s revenue soared more than 1,000% from $89… Continue Reading…
October 29, 2021
“…The company earned $1.58 per share during the period on an adjusted basis, which was ahead of the $1.56 analysts surveyed by Refinitiv were expecting. Revenue totaled $73.79 billion, short of the $76.34 billion the Street was expecting. “All three… Continue Reading…
October 27, 2021
“Shares of Enphase Energy surged 23% at the opening bell on Wednesday after the company reported record revenue during the third quarter, despite ongoing headwinds from supply chain bottlenecks. The company, which makes microinverters and backup energy storage for solar systems, posted… Continue Reading…
Recent Comments