Source: Dreamstime
Reading time: 2 minutes
The popular ride-hailing company, which also offers food delivery, freight transportation and a variety of other services, reported quarter-over-quarter revenue growth of 13%. Its year-over-year performance, however, dipped by 16% due to the effects of the pandemic.
Source: Dreamstime
Reading time: 2 minutes
The company skyrocketed past the coveted milestone of $100 billion, reaching earnings of $125.56 billion in Q4 2020 alone. The strong performance was mostly possible thanks to an excellent holiday shopping season, when Amazon had managed to deliver over a billion products to customers across the globe.
Source: Dreamstime
Reading time: 2 minutes
On 20.01, Wednesday, IBM shares tumbled by 7% in extended trading after the company reported fourth-quarter revenue that disappointed Wall Street for a fourth consecutive time.
Source: Dreamstime
Reading time: 2 minutes
On 14th January 2021 (Thursday), the multinational investment management corporation posted better-than-expected financial performance as an increasing number of investors flocked to BlackRock’s exchange-traded and active funds to escape the volatility caused by the U.S. presidential elections and the release of several COVID-19 vaccines.