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Has Netflix subscriber growth peaked?
Netflix saw nearly a quarter of its value wiped out after losing subscribers for the first time in a decade:…
earnings
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Wall Street banks ride out earnings season on trading revenue amid volatility
Wall Street banks ride market volatility to post better-than-expected 1Q earnings: Bank of America was the latest US lender to…
S&P 500 companies to post slower growth this earnings season + Privately traded tech firms see prices plummet
The crystal balls continue to predict a rocky earnings season ahead: The crisis in Ukraine and rising inflation is forecast…
CIB reports sharp growth in top and bottom lines in 1Q 2022 despite “challenging” conditions + education outfits CIRA and Taaleem see revenue growth
EGX heavyweight CIB reported a 48% y-o-y increase in net income to EGP 4.2 bn in 1Q 2022 despite “challenging”…
IEA says global oil demand set to slump + JPMorgan kicks off a turbulent earnings season
IEA cuts forecast for global oil demand — again: The International Energy Agency (IEA) has revised downwards its oil demand…
Earnings season will reveal who is most exposed to inflation
The coming earnings season — like so much these days — will be all about inflation, according to the Wall…
EFG Hermes’ net income up 12% in 2021
EFG Hermes’ net income rose 12% y-o-y to EGP 1.5 bn in 2021, the universal bank said in its earning…
Earnings watch: Alexandria New Medical Center
EARNINGS WATCH- Alexandria New Medical Center’s net income rose 27% y-o-y to EGP 26.45 mn in FY 2021, according to…
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