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CCData: Coinbase's trading volume falls to $26.8B in April so far, on track for its lowest monthly level in 16 months, despite rallies for ether and bitcoin (Scott Chipolina/Financial Times) 25-04-2023

Scott Chipolina / Financial Times: CCData: Coinbase’s trading volume falls to $26.8B in April so far, on track for its lowest monthly level in 16 months, despite rallies for ether and bitcoin  —  Nasdaq-listed exchange sues SEC as it seeks more clarity on crypto regulations  —  Coinbase has suffered a further drop … Lees verder op Tech Meme

Microsoft reports Q3 revenue up 7% YoY to $52.9B, net income up 9% YoY to $18.3B, and Intelligent Cloud revenue up 16% YoY to $22.1B; MSFT up 4%+ (Microsoft) 25-04-2023

Microsoft: Microsoft reports Q3 revenue up 7% YoY to $52.9B, net income up 9% YoY to $18.3B, and Intelligent Cloud revenue up 16% YoY to $22.1B; MSFT up 4%+  —  REDMOND, Wash. — April 25, 2023 — Microsoft Corp. today announced the following results for the quarter ended March 31, 2023 … Lees verder op Tech Meme

Alphabet reports Q1 revenue of $69.8B, up 3% YoY, net income of $15.1B, down from $16.4B YoY, and Other Bets revenue of $288M, down from $440M YoY, GOOG up 3%+ (Alphabet) 25-04-2023

Alphabet: Alphabet reports Q1 revenue of $69.8B, up 3% YoY, net income of $15.1B, down from $16.4B YoY, and Other Bets revenue of $288M, down from $440M YoY, GOOG up 3%+  —  MOUNTAIN VIEW, Calif. – April 25, 2023 – Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter ended March 31, 2023. Lees verder op Tech Meme

Google Cloud turns profitable for the first time on record, with an operating income of $191M on $7.45B in revenue in Q1, vs. a $706M loss on $5.82B in Q1 2022 (Jordan Novet/CNBC) 25-04-2023

Jordan Novet / CNBC: Google Cloud turns profitable for the first time on record, with an operating income of $191M on $7.45B in revenue in Q1, vs. a $706M loss on $5.82B in Q1 2022  —  – Google said its cloud group has turned profitable on an operating basis after showing losses for more than three years. Lees verder op Tech Meme

Microsoft's Q3: Windows OEM revenue was down 28% YoY, devices revenue down 30% YoY, overall gaming revenue down 4% YoY, Xbox hardware revenue down 30% YoY (Tom Warren/The Verge) 25-04-2023

Tom Warren / The Verge: Microsoft’s Q3: Windows OEM revenue was down 28% YoY, devices revenue down 30% YoY, overall gaming revenue down 4% YoY, Xbox hardware revenue down 30% YoY  —  Microsoft just posted the third quarter of its 2023 fiscal financial results.  The software maker made $52.9 billion in revenue and a net income of $18.3 billion during Q3. Lees verder op Tech Meme

Alphabet's board authorized a $70B buyback of its Class A and Class C shares, the same amount it approved in April 2022 (Kif Leswing/CNBC) 25-04-2023

Kif Leswing / CNBC: Alphabet’s board authorized a $70B buyback of its Class A and Class C shares, the same amount it approved in April 2022  —  – Google parent company Alphabet said on Tuesday that its board of directors authorized $70 billion in share repurchases.  —  Follow your favorite stocksCREATE FREE ACCOUNT Lees verder op Tech Meme

YouTube's advertising revenue dropped for the third consecutive quarter, by 2.6% YoY to $6.69B in Q1, above analyst estimates of $6.6B (Todd Spangler/Variety) 25-04-2023

Todd Spangler / Variety: YouTube’s advertising revenue dropped for the third consecutive quarter, by 2.6% YoY to $6.69B in Q1, above analyst estimates of $6.6B  —  Ad sales at YouTube declined 2.6% year over year in the first quarter of 2023, to $6.69 billion.  Analysts expected it to come in at $6.6 billion, per FactSet. Lees verder op Tech Meme