Font size Financial services company SoFi saw a 50% increase in revenue year-over-year. SoFi technology Stocks rose on Wednesday, a day after the financial services company announced a record quarterly revenue and provide guidance for fiscal year 2022. SoFi (code: SOFI ) reported a second-quarter adjusted loss of 12 cents a share on revenue of … Read more
Shares of Roku Inc. fell to a record drop on Friday after the streaming company admitted a “significant drop” in ad spend helped push it to weaker-than-expected results and could linger beyond the near quarter. best. “Consumers have begun to curtail discretionary spending and advertisers have dramatically cut spending in the ad-distributed (TV ads purchased … Read more
Font size Microsoft has updated its guidance to reflect higher foreign exchange flows ahead of its fourth-quarter earnings report. Jeenah Moon / Getty Images Microsoft will not be immune to a economic Citi said, reducing its share price target. However, the tech giant’s growth in cloud-based services and the recent drop in share prices make … Read more