Meta Returns to Growth After Struggling With Falling Sales
The owner of Facebook and Instagram reported a 3 percent revenue increase in the latest quarter, even as spending rose and profits fell.
Posted inBanking and Financial Institutions Company Reports Credit and Debt Federal Deposit Insurance Corp Federal Reserve System First Republic Bank Interest Rates Silicon Valley Bank Stocks and Bonds
First Republic Lurches as It Struggles to Find a Savior
The bank is sitting on big losses and paying more to borrow money than it is making on its loans to homeowners and businesses.
Posted inCompany Reports Computers and the Internet Layoffs and Job Reductions Microsoft Corp Search Engines
Microsoft Beats Financial Expectations Despite Worries About Economy
Quarterly revenue was up 7 percent and profits were up 9 percent as the company embarked on an aggressive plan to embrace artificial intelligence.
Posted inAdvertising and Marketing Company Reports Computers and the Internet Google Inc Online Advertising Pichai, Sundar Search Engines
Alphabet Shrugs Off Advertising Slump, Driven by Search Engine
Google’s parent company returned to sales growth, even as an advertising slowdown continued to crimp YouTube.