Business

YouTube tallied $7.96 billion of ad revenue in Q4 2022

Like Q3 2022, YouTube's ad revenue for Q4 2022 was down.

Amazon (AMZN) Q4 2022 net income hit by $2.3 billion valuation loss in Rivian

Amazon's investment in the electric vehicle maker ended up leading to a huge loss in income for Amazon's Q4 2022 bottom line.

Sony raises guidance on PS5 sales, hoping to break 19 million units by end of FY2022

Following its strongest quarter of PS5 sales yet, Sony is confident it can move 6.2 million more PS5s in Q4 2022.

Sony claims 30% of PS5's MAUs had no activity on the PS4

Sony's Q3 2022 earnings results suggest that a large portion of PS5 players are entirely new, never having had account activity on PS4.

Sony Q3 2022 earnings results reported 7.1M PS5s sold, more than double that of Q2

Handily overcoming Q2's console sales of around 3.3 million units, Sony had very strong holiday season with the PS5.

Facebook (META) currently losing money on Reels despite the feature's popularity

Mark Zuckerberg revealed that while Reels is a popular feature, the company needs to improve its 'monetization efficiency' to better capitalize on its popularity.

Facebook (META) Q4 2022 earnings results beat revenue expectations

It would seem that Meta was able to put up winning numbers when it came to revenue expectations for its Q4 2022 earnings results.

Electronic Arts (EA) lowers full year revenue guidance below expectations

The game publishing giant reduced its full year revenue expectations by about half a billion dollars in its latest quarter guidance.

Intel (INTC) Q4 2022 earnings results miss EPS and revenue expectations

Intel's Q4 2022 earnings results unfortunately missed on a few different metrics as it closed out its fiscal year.

Musk says demand for Tesla vehicles in January is the highest they have seen in company history

Tesla (TSLA) has been innovating in the electric vehicle industry for a long time, but demand for its products are at an all-time high.