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Uber could rake in more than $10 billion in revenue this year, but its growth is starting to slow down
Uber is cruising toward $10 billion in revenue in 2018, despite a Q2 slump in growth, according to the ride-hailing company.
Netflix has spent over $30 billion on content since 2014 — over a third of it in the last year alone
Netflix's shared its Q2 earnings results on Monday, reporting subscriber growth that missed the mark by a little over a million. The stock price tumbled as some investors got worried.
Now that Facebook is set to report its Q2 earnings after markets close on Wednesday, all eyes are on what are believed to be its next cash cows.
Weak second-quarter earnings forecast slow growth for the year ahead.
Wall Street banks may be poised for a turnaround in the key FICC trading business — but only one firm really looks to be pulling ahead.
Morgan Stanley on Wednesday reported second-quarter earnings that beat expectations.
Goldman Sachs has cut its headcount by 5% since the first quarter, to about 34,800 people.
After a weak Q1, the firm most likely would have needed a huge rebound to see overall improvement for the year. It doesn't look as if that has happened.
The firm reported earnings per share of $3.72 on revenue of $7.93 billion.
JPMorgan, Citigroup, and BAML have so far reported Q2 earnings — and they all beat expectations in fixed income, currencies, and commodities sales and trading.