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Microsoft Says Q4 2022 Sales Slowed, Profits Slumped as Cloud Computing Revenue Sees Growth
Microsoft on Tuesday announced its earnings for Q4 2022, revealing that sales slowed and profits slumped in the last quarter of the year. Overall sales rose just two percent in the October-to-December period, the slowest rise in six years, according to the Redmond company.
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Microsoft, Amazon, Google Hit as Customers Cut Spending on Cloud, Datacentre Services
Microsoft, Amazon, and Intel may be girding against imminent recession, after the US tech giants revealed this week that customers had cut cloud and datacentre spending. Investors are now looking to see if there is a glut in capacity, which could lead to cuts in investment in cloud services, one of the largest and most dependable sources of growth ...
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Pinterest Posts Slowest Quarterly Growth in Nearly 2 Years, as Inflation Curbs Advertiser Spending
Pinterest on Thursday reported that its quarterly revenue grew 8 percent, its slowest quarterly growth in nearly two years. As ad spending dries up due to decades-high inflation, big tech firms like Alphabet, Meta, and Snap have started to compete for advertising business. Meanwhile, Pinterest's global monthly active users (MAUs) remained flat at 4...
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Google’s Ad Sales Weakens Dramatically, Advertisers Brace for Potential Recession
Google’s parent Alphabet’s growth slipped to its slowest pace since the pandemic, with Google's ad sales weakening even more dramatically than Alphabet's overall revenue. In another sign of more challenging times, YouTube's quarterly ad sales decreased by 2 percent from last year.
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Microsoft Expected to Post Slowest Quarterly Revenue Growth in 5 Years; Doubts on Annual Outlook, Analysts Say
Microsoft is expected to post slowest quarterly revenue growth in over five years, and analysts have questioned whether the firm will be able to maintain its outlook for the financial year. The company will announce earnings later on Tuesday amid a slowdown in the PC market and a strong dollar. Microsoft's shares have declined by more than a quarte...
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Snap Forecasts Zero Revenue Growth for Q4 2022; Shares Crash Dragging Meta, Alphabet, Twitter
Snap shares sank 25 percent on Friday as the Snapchat parent firm reported its slowest revenue growth as a public company for the latest quarter and forecast no revenue growth in the typically busy holiday quarter. While Snap's shares fell, its peers Alphabet, Meta, Pinterest and Twitter also saw their shares slide.
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Tencent Posts Slowest-Ever Sale Rise in Q4, Regulation Impact Set to Ease
Tencent revenue grew just 8 percent in the fourth quarter, the slowest pace since it went public in 2004, reflecting regulatory scrutiny that has hurt both its gaming business and advertising sales.
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Alibaba Reports Slowest Revenue Growth Since Going Public as Competition Bites
Alibaba reported its slowest quarterly revenue growth since going public in 2014, hit by a drop in sales at its core business segment and intensifying competition.
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Tencent, Pushed by China’s Gaming Crackdown, Posts Slowest Profit Growth in Two Years
Tencent posted its slowest quarterly profit growth in two years, hurt by a gaming crackdown, and said the outlook for the advertising sector would remain weak into next year.
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iPhone 12 Series 5G/4G Speed Is Slower Than Samsung, OnePlus, Google, LG in US: Opensignal
iPhone 12 series offers average 5G and 4G download speeds slower than its competition. An Opensignal report claims smartphones by Samsung, OnePlus, Google, and LG deliver higher average download speeds compared to Apple smartphones.
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Microsoft Says Q4 2022 Sales Slowed, Profits Slumped as Cloud Computing Revenue Sees Growth
Microsoft on Tuesday announced its earnings for Q4 2022, revealing that sales slowed and profits slumped in the last quarter of the year. Overall sales rose just two percent in the October-to-December period, the slowest rise in six years, according to the Redmond company.
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Microsoft, Amazon, Google Hit as Customers Cut Spending on Cloud, Datacentre Services
Microsoft, Amazon, and Intel may be girding against imminent recession, after the US tech giants revealed this week that customers had cut cloud and datacentre spending. Investors are now looking to see if there is a glut in capacity, which could lead to cuts in investment in cloud services, one of the largest and most dependable sources of growth ...
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Pinterest Posts Slowest Quarterly Growth in Nearly 2 Years, as Inflation Curbs Advertiser Spending
Pinterest on Thursday reported that its quarterly revenue grew 8 percent, its slowest quarterly growth in nearly two years. As ad spending dries up due to decades-high inflation, big tech firms like Alphabet, Meta, and Snap have started to compete for advertising business. Meanwhile, Pinterest's global monthly active users (MAUs) remained flat at 4...
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Google’s Ad Sales Weakens Dramatically, Advertisers Brace for Potential Recession
Google’s parent Alphabet’s growth slipped to its slowest pace since the pandemic, with Google's ad sales weakening even more dramatically than Alphabet's overall revenue. In another sign of more challenging times, YouTube's quarterly ad sales decreased by 2 percent from last year.
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Microsoft Expected to Post Slowest Quarterly Revenue Growth in 5 Years; Doubts on Annual Outlook, Analysts Say
Microsoft is expected to post slowest quarterly revenue growth in over five years, and analysts have questioned whether the firm will be able to maintain its outlook for the financial year. The company will announce earnings later on Tuesday amid a slowdown in the PC market and a strong dollar. Microsoft's shares have declined by more than a quarte...
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Snap Forecasts Zero Revenue Growth for Q4 2022; Shares Crash Dragging Meta, Alphabet, Twitter
Snap shares sank 25 percent on Friday as the Snapchat parent firm reported its slowest revenue growth as a public company for the latest quarter and forecast no revenue growth in the typically busy holiday quarter. While Snap's shares fell, its peers Alphabet, Meta, Pinterest and Twitter also saw their shares slide.
-
Tencent Posts Slowest-Ever Sale Rise in Q4, Regulation Impact Set to Ease
Tencent revenue grew just 8 percent in the fourth quarter, the slowest pace since it went public in 2004, reflecting regulatory scrutiny that has hurt both its gaming business and advertising sales.
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Alibaba Reports Slowest Revenue Growth Since Going Public as Competition Bites
Alibaba reported its slowest quarterly revenue growth since going public in 2014, hit by a drop in sales at its core business segment and intensifying competition.
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Tencent, Pushed by China’s Gaming Crackdown, Posts Slowest Profit Growth in Two Years
Tencent posted its slowest quarterly profit growth in two years, hurt by a gaming crackdown, and said the outlook for the advertising sector would remain weak into next year.
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iPhone 12 Series 5G/4G Speed Is Slower Than Samsung, OnePlus, Google, LG in US: Opensignal
iPhone 12 series offers average 5G and 4G download speeds slower than its competition. An Opensignal report claims smartphones by Samsung, OnePlus, Google, and LG deliver higher average download speeds compared to Apple smartphones.
