Meta Platforms, formerly known as Facebook, experienced a skyrocketing surge in market value on Friday, making it one of the most impressive one-day gains for a U.S. company. This success was largely attributed to Meta's higher-than-expected advertising revenue in the latest quarter. Additionally, the introduction of a dividend for the first time pleasantly surprised investors.
Analysts predict rising oil prices for 2022, with Brent crude expected to average $82.26 a barrel in Q1.
Imperial Oil's strong fourth-quarter performance exceeded expectations, leading to a share increase. Financial performance, production results, and dividend increase discussed.
AbbVie exceeded revenue expectations in Q4 and updated long-term sales outlook for prominent immunology drugs. Although Humira revenue declined, AbbVie remains optimistic.
Nvidia shares rise following positive earnings reports from Meta Platforms and Amazon.com, signaling the tech companies' commitment to AI technology. Stock price surge reflects broader upward trend in computing hardware providers.
Larry David reflects on his regretful involvement in a commercial for FTX, a now-defunct cryptocurrency exchange. Examining the crypto industry's golden era and the future of Bitcoin in relation to emerging ETFs.
Elon Musk will allow Tesla shareholders to vote on relocating the company's incorporation to Texas, following the nullification of his pay package.
ABB Ltd. records strong performance in Q4 2023, surpassing expectations with net profit of $921 million and revenue of $8.245 billion. The company maintains steady orders and proposes increased dividends. ABB forecasts positive growth indicators for 2024.
BNP Paribas lowers its 2025 profitability target and return on tangible equity due to regulatory factors and decline in net profit in the fourth quarter.