|
Real-time Estimate
Other stock markets
|
5-day change | 1st Jan Change | ||
| 168.5 USD | -0.29% |
|
+0.87% | -12.49% |
| 05:43pm | Global markets live: Ford, Dow, American Airlines, Comcast, Apple, IBM, Cisco... |  |
| 03:21pm | The specter of stagflation rears its ugly head again | |
(Reuters) - Twitter Inc on Friday posted a surprise fall in revenue amid fierce competition from Apple and TikTok in a weakening advertising market, as the company wages a legal battle with Elon Musk over his $44 billion buyout deal.
The company reported second-quarter revenue of $1.18 billion, compared with $1.19 billion a year earlier.
Analysts were expecting $1.32 billion, according to Refinitiv IBES data.
The results come after Snapchat parent Snap Inc posted weak results and declined to make a forecast, citing "incredibly challenging" conditions as advertisers cut back on spending. [nL1N2Z22MN
(Reporting by Nivedita Balu in Bengaluru; Editing by Saumyadeb Chakrabarty)
Price
|
Change
|
5d. change
|
Capi.
| ||
|---|---|---|---|---|---|
| 164 USD | +1.13% | +9.68% | 517B | ||
| 11.06 USD | -0.14% | -5.16% | 18.29B | ||
| 1st Jan change | Capi. | |
|---|---|---|
| -12.49% | 2,610B | |
| +6.41% | 53.01B | |
| +4.90% | 18.13B | |
| -28.20% | 5.23B | |
| -3.61% | 3.41B | |
| +105.01% | 1.31B | |
| +26.23% | 735M | |
| +11.16% | 384M | |
| -50.00% | 115M | |
| +37.10% | 111M |
APPLE INC. 
