PayPal reports Q3 revenue up 12% YoY to $6.85B, vs. $6.81B est., and payments volume up 14% YoY to $337B, vs. $343.2B est.; stock drops 8%+ on lower FY forecast (Jennifer Surane/Bloomberg)

November 3, 2022

Jennifer Surane / Bloomberg:
PayPal reports Q3 revenue up 12% YoY to $6.85B, vs. $6.81B est., and payments volume up 14% YoY to $337B, vs. $343.2B est.; stock drops 8%+ on lower FY forecast — PayPal Holdings Inc. trimmed its forecast for annual revenue amid a slowdown in spending growth on its platform. The shares fell as much as 14%.

Categories: Uncategorized

IBM reports Q3 revenue up 6.5% YoY to $14.11B vs. $13.51B est., with software revenue up 7.5% YoY to $5.81B vs. $5.54B est., and lifts FY 2022 revenue forecast (Jordan Novet/CNBC)

Jordan Novet / CNBC:
IBM reports Q3 revenue up 6.5% YoY to $14.11B vs. $13.51B est., with software revenue up 7.5% YoY to $5.81B vs. $5.54B est., and lifts FY 2022 revenue forecast — – IBM beat on the top and bottom lines and raised its revenue growth forecast for all of 2022.

October 19, 2022

Gartner forecasts public cloud spending will grow 20.7% to $591.8B in 2023, including SaaS spending up 16.8% to $195.2B and PaaS spending up 23.2% to $136.4B (Maria Deutscher/SiliconANGLE)

Maria Deutscher / SiliconANGLE:
Gartner forecasts public cloud spending will grow 20.7% to $591.8B in 2023, including SaaS spending up 16.8% to $195.2B and PaaS spending up 23.2% to $136.4B — Worldwide spending on public cloud services will grow 20.7% in 2023, to $591.8 billion, according to a new Gartner Inc. forecast released today.

November 1, 2022

Micron reports Q4 revenue down 25% YoY to $6.64B, from $8.27B, plans to cut total capital spending by 30% YoY and wafer-fab equipment spending by nearly 50% YoY (Mike Wheatley/SiliconANGLE)

Mike Wheatley / SiliconANGLE:
Micron reports Q4 revenue down 25% YoY to $6.64B, from $8.27B, plans to cut total capital spending by 30% YoY and wafer-fab equipment spending by nearly 50% YoY — Reporting its fiscal fourth-quarter earnings today,Micron Technology Inc. warned investors that it’s planning to take drastic measures …

September 30, 2022

Binance shares addresses for its wallets and details its holdings: 475K BTC, 4.8M ETH, 17.6B USDT, 21.7B BUSD, 601M USDC, 58M BNB, and a $1B SAFU fund (Callan Quinn/The Block)

Callan Quinn / The Block:
Binance shares addresses for its wallets and details its holdings: 475K BTC, 4.8M ETH, 17.6B USDT, 21.7B BUSD, 601M USDC, 58M BNB, and a $1B SAFU fund — – Binance has released the addresses of its hot and cold wallets. — It provided a snapshot of its current holdings.

November 10, 2022

DocuSign reports Q2 revenue up 22% YoY to $622.2M, vs. $602.7M est., and a full-year billings forecast of $2.55B to $2.57B, vs. $2.53B est.; stock jumps 18%+ (Brody Ford/Bloomberg)

Brody Ford / Bloomberg:
DocuSign reports Q2 revenue up 22% YoY to $622.2M, vs. $602.7M est., and a full-year billings forecast of $2.55B to $2.57B, vs. $2.53B est.; stock jumps 18%+ — DocuSign Inc. rallied 17% after reporting quarterly sales that topped analysts’ estimates and raising its billings forecast …

September 8, 2022

The SEC says 16 Wall Street firms have agreed to pay $1.1B in combined penalties for failing to monitor employees using unauthorized messaging apps (Jennifer Surane/Bloomberg)

Jennifer Surane / Bloomberg:
The SEC says 16 Wall Street firms have agreed to pay $1.1B in combined penalties for failing to monitor employees using unauthorized messaging apps — Banking giants including Goldman Sachs Group Inc. and Citigroup Inc. agreed to pay regulators $1.1 billion in penalties for failing …

September 27, 2022

Related Articles