Facebook (NASDAQ: FB) reported second-quarter 2021 financial results after the regular market hours on Wednesday. The tech giant reported Q2 revenue of $29.08 billion, up 56% year-over-year and higher than the Wall Street projection. Net income of $3.61 per share was also above the target that analysts had anticipated.
FB shares fell 4.5% during the post-market session on the company’s caution for slower growth in the upcoming quarters. The stock has gained 39% since the beginning of this year.
The business world is still struggling to come out of the virus-induced slowdown, but it seems almost every retail segment benefited from the pandemic at some point. The vaccination drive
General Mills (GIS): Three factors that are expected to help drive growth for the food company going forward
Shares of General Mills Inc. (NYSE: GIS) were up 3.2% on Wednesday after the company delivered better-than-expected results for the first quarter of 2022. Net sales rose 4% year-over-year to
It is estimated that the alternative investments industry has expanded at a compound annual rate of 10.2% over the past ten years and had $11 trillion in assets under management