Key Takeaways Meta Platforms Inc. (META)’s fourth-quarter EPS probably declined to $2.20, a 40% drop from the previous-year quarter. Analysts expect the social media company’s net income t...
Tag: contraction
Gold likely to rally after Fed hints at “slow down” amid GDP contraction
Gold prices were bolstered with the publication of preliminary data showing the contraction in US GDP in Q2, driving the yellow metal to close above the $1750 mark for the first time since July 5th, 2...
Stablecoin supply saw the largest quarterly contraction in history in Q2
Total stablecoin supply contracted to $151.3 billion in the second quarter of 2022, a drop of 18.8% or $35.1 billion over Q1, according to a report by Arcane Research. This is the largest quarterly dr...
Tesco share price forecast: unprecedented margin contraction expected
Tesco (LON: TSCO) share price dropped sharply on Friday as concerns about the company’s margins and growth remained. The stock retreated to a low of 269p, which was the lowest level since March this y...