News Formal

Tech earnings reveal a powerful industry taking some licks

  • 📰 axios
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

This week's earnings reports confirmed that Big Tech companies are taking a hit from a slowing economy — but also that they're still raking in tons of money.

This week's earnings reports confirmed that Big Tech companies are taking a hit from a slowing economy — but also that they're still raking in tons of money.Tech companies have been on a decade-long growth jag, creating a generation of investors and workers who are now experiencing their first significant experience of a downturn, layoffs and retrenchment.The iPhone maker was hit by the same macroeconomic pressures and strong dollar that crimped other tech companies' results.

But COVID-19-related disruptions of manufacturing in China also limited supplies of the iPhone 14 Pro and iPhone 14 Pro Max during the quarter., with lower online ad spending on YouTube cited as among the culprits. YouTube advertising was down more than 7% last quarter compared to the same quarter the previous year, causing Alphabet's overall revenue growth for the quarter to drop to just 1% year over year.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 302. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Meta mojo is back as earnings surprise sparks share surge, lifts Big TechMeta Platforms Inc shares rose about 23% on Thursday and helped spark a rally in the technology sector after the Facebook owner floored Wall Street by slashing its spending forecast and boosting its stock buyback plan by $40 billion.
ソース: Reuters - 🏆 2. / 97 続きを読む »

Meta mojo is back as earnings surprise powers Big Tech rallyMeta Platforms Inc shares rose about 28% on Thursday and helped spark a rally in the technology sector after the Facebook owner floored Wall Street by slashing its spending forecast and boosting its stock buyback plan by $40 billion. Sometimes I think they overhire so they can do layoffs when the stock tanks None your feet america
ソース: Reuters - 🏆 2. / 97 続きを読む »

Layoff tracker: Mass layoffs by tech companies big and small hit the Bay AreaPaypal, Alphabet, Salesforce, Meta, Splunk, Stripe. Here's an overview of Bay Area tech companies that have recently executed a mass layoff. Biden’s economy
ソース: abc7newsbayarea - 🏆 529. / 51 続きを読む »