DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Melissa Otto - 1 Sarah Kunst - 1 Capital - 1
Top related locs:
Top related orgs:
Apple - 1 TMT Research - 1 Meta - 1

Search resuls for: "TMT Research"


5 mentions found


☆ What Meta's earnings beat may signal for Apple and Amazon
  + stars: | 2024-08-01 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhat Meta's earnings beat may signal for Apple and AmazonMelissa Otto, Head of TMT Research at Visible Alpha, and Sarah Kunst, Managing Director at Cleo Capital, discuss earnings from Meta, Apple, and Amazon.
Persons: Melissa Otto, Sarah Kunst, Capital Organizations: Apple, TMT Research, Meta
☆ Tech rout widens as Meta sinks after results
  + stars: | 2022-10-27 | by ( ) www.reuters.com   time to read: +2 min
Meta's results come a day after Google-parent Alphabet and Microsoft posted dismal numbers, sparking a wide-spread selloff in tech stocks. A year after changing its name to Meta to focus on shared virtual reality, the company posted an accelerating sequential decline in quarterly revenue. Meta also bumped up its full-year 2023 total expenses outlook to $96 billion to $101 billion, significantly higher than a revised estimate for 2022 total expenses of $85 billion to $87 billion. Chief Executive Mark Zuckerberg has said he expects the metaverse investments to take about a decade to bear fruit. At least eight brokerages slashed their price targets on Meta, with Baird's $80 cut to $150 the steepest of the lot.
☆ YouTube, a major Google growth engine, grinds to a halt as advertisers pull back. It's not going to get better in the key holiday quarter.
  + stars: | 2022-10-26 | by ( Tom Dotan | ) www.businessinsider.com   time to read: +3 min
YouTube ad revenue fell 2% from last year, the first time the platform showed a decline in revenue. For years, YouTube has been Google's ad revenue growth engine. The video unit posted its first ever year-over-year decline in ad revenue, as advertisers pulled back due to the uncertain economy. The results raised questions about YouTube's long-term revenue growth potential. Google executives tried to minimize the significance of YouTube's decline by saying the company suffered from comparisons to its breakout growth last year.
☆ Facebook and Mark Zuckerberg just raised a giant middle finger to Wall Street. The company says its metaverse business will lose even more money next year.
  + stars: | 2022-10-26 | by ( Kali Hays | ) www.businessinsider.com   time to read: +3 min
Facebook warned that its Reality Labs metaverse business will lose even more money in 2023. It lost $10 billion over the whole of 2021, and the company said spending costs for Reality Labs are only going to keep growing. "We do anticipate that Reality Labs losses in 2023 will grow significantly year-over-year," the company said. He specifically asked Facebook to limit metaverse spending to $5 billion a year. A main part of the immersive digital world Mark Zuckerberg is attempting to build out is avatars.
☆ Netflix trying to capture lower end of market with ad-based subscription offering, says analyst
  + stars: | 2022-10-19 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNetflix trying to capture lower end of market with ad-based subscription offering, says analystNeil Campling, head of TMT research at Mirabaud GTS, discusses Netflix's third-quarter earnings, subscriber numbers, and the company's strategy for increasing market share.
0 next >>
Total: 5