Update: GSK Sues Pfizer, BioNTech Over mRNA Patents in Covid-19 Vaccines
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While headwinds from crypto customers and the unsetting of the software component of the Zipwhip business hurt Twilio's (TWLO) Q1 top-line growth, lower expenses and a reduced share count aid the bottom line.
Twilio Inc (NYSE:TWLO) reported first-quarter financial results Tuesday after the bell. Here’s a rundown of the report. Q1 Earnings Highlights: Twilio’s first-quarter revenue increased 4% year-over-year to $1.05 billion, which beat the consensus estimate of $1.03 billion, according to Benzinga Pro. The cloud-based customer engagement company reported quarterly earnings of 80 cents per share, which beat analyst estimates of 60 cents per share. Communications revenue came in at $972 million, up 4%
Shopify stock slumps after the e-commerce company posts a surprise loss and warns that the sale of its logistics business will weigh on second-quarter revenue growth, Uber swings to a first-quarter loss, and Lyft’s quarterly revenue jumps 23%.
Donald Trump told oil industry executives he would dismantle Joe Biden’s pro-electric vehicle agenda as he asked for $1bn (£800m) to help return him to the White House, it has been claimed.
A millennial went to college in his 30s when his career growth stalled. Now he's saddled with student debt and struggling to find a job.
Falling crop prices are leaving agriculture equipment sellers with an excess of unsold tractors and combines. The slower equipment sales are a knock-on effect of corn and soy prices dropping to more than three-year lows as U.S. farm income plummets and equipment makers and dealers are forced to pivot quickly after a period of booming business. Reuters interviewed ten equipment dealers, mostly in the Midwest, as well as farmers and analysts, who said low crop prices combined with persistently high interest rates are deterring farmers from purchasing machinery.
(Bloomberg Law) -- Ex-Trump adviser Stephen Miller’s legal group has sued IBM Corp. subsidiary Red Hat Inc. claiming the company’s diversity goals led to the discriminatory treatment and termination of a former White male employee. Most Read from BloombergMicrosoft’s Xbox Is Planning More Cuts After Studio Closings‘Seriously Underwater’ Home Mortgages Tick Up Across the USAmericans Are Racking Up ‘Phantom Debt’ That Wall Street Can’t TrackMarjorie Taylor Greene Finally Got What She Deserved: Def
Cathy, a 63-year-old clerical worker in Minnesota, fears she may never be able to fully retire, even though she's worked her entire life.
There are going to be many factors that help you determine if you’re ready to retire to $90k per year for as long as you’ll need it. Withdrawing too much too soon heightens the danger of depletion, so determining a safe and sustainable withdrawal rate in retirement is crucial to ensure savings last your lifetime. […] The post We’re in Our Early 60s with $1.4 Million in Investments. Can We Afford to Withdraw $90k Per Year in Retirement? appeared first on SmartReads by SmartAsset.