Revenue Dip
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Nearly Two-Thirds of US Firms In China See Revenue Dip From Tariffs: Survey
Many US companies operating in China expect their sales to take a hit this year from US President Donald Trump's tariffs and the ones that China has imposed in response, as per an annual survey released by the American Chamber of Commerce
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Alibaba Boosts Share Buyback By $25 Billion After Dip In Estimated Revenue
Chinese e-commerce giant Alibaba Group will increase its share buyback programme by $25 billion, the company announced Wednesday, as it published disappointing quarterly results.
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Arm Suppliers Fail To Scale Up Production Despite Rising Demand: Report
Even with the war in Ukraine fuelling demand, revenue for the world's top arms suppliers dipped in 2022, as production issues kept companies unable to increase production, researchers said Monday.
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Apple to Likely See iPhone Sales Dip, Could Record 1.6 Percent Drop in Total Quarterly Revenue
Apple is likely to report a dip in iPhone sales in the April-June quarter as shoppers held out for a new model in a slow economy, making it important for the company to detail how it is using artificial intelligence to augment growth, analysts said. It may also report a likely 1.6Â percent drop in total quarterly revenue.
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Apple Partner Foxconn to Ramp Up Investment Outside China as Consumer Electronics Demand Dips
Apple supplier Foxconn on Wednesday said it plans to ramp up investment outside of China and efforts to attract automakers to its contract manufacturing business, as the company reported weaker demand for consumer electronics.
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Coinbase, Robinhood Record Dips in User Activity, Crypto Revenue in Q3: Details
The third quarter for this year, that began in July and closed in September, did not prove to be fruitful. Overall, Coinbase reported a 28 percent decline in its Q3 revenue making a total of $576.4 million (roughly Rs. 630 crore). Meanwhile, out of Robinhood’s net revenue of $361 million (roughly Rs. 2,980 crore), crypto activities only managed ...
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Google Admits Slump in Digital Assets Market Has Axed Ad Business
During its earnings call, Google’s parent company Alphabet said that the search engine giant registered merely six percent growth from ad revenues in the last quarter that ended in September. This figure is the lowest recorded by Google in ad revenue in almost ten years.
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Apple Supplier Foxconn Predicts Tough Quarter Ahead Amid Low Demand, Rising Inflation in China
Apple supplier Foxconn has predicted a dip in current-quarter revenue for its electronics business including smartphones. The company has blamed rising inflation, escalating supply chain issues and cooling demand in locked-down China for the tough quarter.
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Coinbase Sees 44 Percent Dip in Trading Volume, Blames RBI’s ‘Informal Pressure’ For Halting UPI Feature
It was a rough earnings call for Coinbase crypto exchange as it missed its estimates in terms of revenue, trading volume, as well as its monthly transacting users. The company, that plans international expansion, blamed India’s central bank, the RBI for putting ‘informal pressure’ leading to the withdrawal of Coinbase’s UPI-based crypto buy...
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Robinhood Crypto Revenue Dips Sharply From Decline in Trade Volume, Dogecoin Price Fall
Robinhood's Q3 2021 crypto revenue has fallen 78 percent from the last quarter. The company's Q2 results were bolstered by the Dogecoin community with the memecoin representing a whopping 62 percent of crypto revenue.
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Facebook Shifts Focus on Metaverse Division, to Spend About $10 Billion This Year
Facebook plans to invest $10 billion (roughly Rs. 74,963 crore) this year on its metaverse division — named Facebook Reality Labs — tasked with creating augmented reality (AR) and virtual reality (VR) hardware, software, and content.
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European Football Giants To Take 2 Billion Euro Covid Hit: KPMG Report
A KPMG report stated that matchday revenues across the five major European football leagues took a nearly 2 billion euro hit last season after spectators were largely barred from attending matches due to the COVID-19 pandemic.
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COVID Effect: Schools Report 20-50% Dip In Revenue; 55% Teachers Faced Salary Cut
The report by the Central Square Foundation (CSF), an NGO working on quality school education in India, is based on a study with over 1,100 respondents (parents, school administrators and teachers) across 20 states and union territories.
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Robinhood Says Its Revenue From Cryptocurrency May Decrease After Dogecoin Trading Volume Dips
Cryptocurrency trading app Robinhood has said that it's expecting its revenue to dip following a decrease in demand, transactions, and trading volumes of currencies like Bitcoin and Dogecoin.
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Adopt, Name Animals, Donate: Bengaluru Zoo Appeals As Covid Hits Revenues
Faced with a financial crunch due to dip in footfall owing to COVID-triggered lockdown, Bengaluru zoo is reaching out to people to adopt and name animals and offer donations to raise resources.
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Nearly Two-Thirds of US Firms In China See Revenue Dip From Tariffs: Survey
Many US companies operating in China expect their sales to take a hit this year from US President Donald Trump's tariffs and the ones that China has imposed in response, as per an annual survey released by the American Chamber of Commerce
-
Alibaba Boosts Share Buyback By $25 Billion After Dip In Estimated Revenue
Chinese e-commerce giant Alibaba Group will increase its share buyback programme by $25 billion, the company announced Wednesday, as it published disappointing quarterly results.
-
Arm Suppliers Fail To Scale Up Production Despite Rising Demand: Report
Even with the war in Ukraine fuelling demand, revenue for the world's top arms suppliers dipped in 2022, as production issues kept companies unable to increase production, researchers said Monday.
-
Apple to Likely See iPhone Sales Dip, Could Record 1.6 Percent Drop in Total Quarterly Revenue
Apple is likely to report a dip in iPhone sales in the April-June quarter as shoppers held out for a new model in a slow economy, making it important for the company to detail how it is using artificial intelligence to augment growth, analysts said. It may also report a likely 1.6Â percent drop in total quarterly revenue.
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Apple Partner Foxconn to Ramp Up Investment Outside China as Consumer Electronics Demand Dips
Apple supplier Foxconn on Wednesday said it plans to ramp up investment outside of China and efforts to attract automakers to its contract manufacturing business, as the company reported weaker demand for consumer electronics.
-
Coinbase, Robinhood Record Dips in User Activity, Crypto Revenue in Q3: Details
The third quarter for this year, that began in July and closed in September, did not prove to be fruitful. Overall, Coinbase reported a 28 percent decline in its Q3 revenue making a total of $576.4 million (roughly Rs. 630 crore). Meanwhile, out of Robinhood’s net revenue of $361 million (roughly Rs. 2,980 crore), crypto activities only managed ...
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Google Admits Slump in Digital Assets Market Has Axed Ad Business
During its earnings call, Google’s parent company Alphabet said that the search engine giant registered merely six percent growth from ad revenues in the last quarter that ended in September. This figure is the lowest recorded by Google in ad revenue in almost ten years.
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Apple Supplier Foxconn Predicts Tough Quarter Ahead Amid Low Demand, Rising Inflation in China
Apple supplier Foxconn has predicted a dip in current-quarter revenue for its electronics business including smartphones. The company has blamed rising inflation, escalating supply chain issues and cooling demand in locked-down China for the tough quarter.
-
Coinbase Sees 44 Percent Dip in Trading Volume, Blames RBI’s ‘Informal Pressure’ For Halting UPI Feature
It was a rough earnings call for Coinbase crypto exchange as it missed its estimates in terms of revenue, trading volume, as well as its monthly transacting users. The company, that plans international expansion, blamed India’s central bank, the RBI for putting ‘informal pressure’ leading to the withdrawal of Coinbase’s UPI-based crypto buy...
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Robinhood Crypto Revenue Dips Sharply From Decline in Trade Volume, Dogecoin Price Fall
Robinhood's Q3 2021 crypto revenue has fallen 78 percent from the last quarter. The company's Q2 results were bolstered by the Dogecoin community with the memecoin representing a whopping 62 percent of crypto revenue.
-
Facebook Shifts Focus on Metaverse Division, to Spend About $10 Billion This Year
Facebook plans to invest $10 billion (roughly Rs. 74,963 crore) this year on its metaverse division — named Facebook Reality Labs — tasked with creating augmented reality (AR) and virtual reality (VR) hardware, software, and content.
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European Football Giants To Take 2 Billion Euro Covid Hit: KPMG Report
A KPMG report stated that matchday revenues across the five major European football leagues took a nearly 2 billion euro hit last season after spectators were largely barred from attending matches due to the COVID-19 pandemic.
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COVID Effect: Schools Report 20-50% Dip In Revenue; 55% Teachers Faced Salary Cut
The report by the Central Square Foundation (CSF), an NGO working on quality school education in India, is based on a study with over 1,100 respondents (parents, school administrators and teachers) across 20 states and union territories.
-
Robinhood Says Its Revenue From Cryptocurrency May Decrease After Dogecoin Trading Volume Dips
Cryptocurrency trading app Robinhood has said that it's expecting its revenue to dip following a decrease in demand, transactions, and trading volumes of currencies like Bitcoin and Dogecoin.
-
Adopt, Name Animals, Donate: Bengaluru Zoo Appeals As Covid Hits Revenues
Faced with a financial crunch due to dip in footfall owing to COVID-triggered lockdown, Bengaluru zoo is reaching out to people to adopt and name animals and offer donations to raise resources.
