Money Talks

Market Movers: Big tech earnings disappoint

A slew of tech earnings moved markets this week - in the US and Europe. Microsoft posted stellar results, beating analysts' expectations for its revenue and profits. But the future isn't as bright for Facebook's parent company, Meta. Its net income plunged by 21%, marking its worst performance in 10 years. Apple shares dipped after the company warned of a possible $8B hit from supply constraints. Amazon recorded its slowest ever revenue growth in the first quarter amid a drop in online retail sales and rising costs. #TechEarnings #TechnologyCompanies #EarningSeason

US tech giants report quarterly earnings | Money Talks

US tech giants report quarterly earnings | Money Talks

Six largest tech firms in the US lose $1T over three days | Money Talks

Six largest tech firms in the US lose $1T over three days | Money Talks

EU unveils draft legislation curbing power of tech giants

EU unveils draft legislation curbing power of tech giants

CEOs of tech giants face lawmakers for antitrust defences

CEOs of tech giants face lawmakers for antitrust defences

Eco-conscious tourists drawn to glamorous camping

Eco-conscious tourists drawn to glamorous camping

Türkiye and Saudi Arabia look to boost bilateral trade, investment

Türkiye and Saudi Arabia look to boost bilateral trade, investment

Sri Lanka struggling with shortages of food, fuel and medicine

Sri Lanka struggling with shortages of food, fuel and medicine

EU steps up efforts to cut dependence on Russian energy

EU steps up efforts to cut dependence on Russian energy

Layoffs and hiring freezes prevail among big tech giants

Layoffs and hiring freezes prevail among big tech giants

Worst drought in 70 years threatens Northern Italy's food, power

Worst drought in 70 years threatens Northern Italy's food, power

Chinese president promises more stimulus as GDP growth slows

Chinese president promises more stimulus as GDP growth slows

Sri Lanka introduces lockdown to save fuels

Sri Lanka introduces lockdown to save fuels

White House calling on oil firms to raise output to boost supply

White House calling on oil firms to raise output to boost supply

Saudi Arabia, Egypt sign 14 economic deals worth $7.7B

Saudi Arabia, Egypt sign 14 economic deals worth $7.7B

Goldman Sachs warns US economic recession now more likely

Goldman Sachs warns US economic recession now more likely

Oil prices stabilise over global recession fears

Oil prices stabilise over global recession fears

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