“Snap Q1 2023 Results Disappoint Estimates and Value Falls -21% in Aftermarket”

fot. freepik.com SNAP (Close: $10.50; Day Var.: +6.3%; 2023 Var.: +17.3%). Q1 2023 results disappoint estimates and value falls -21% in the aftermarket: Main figures compared to Bloomberg consensus: Revenues $988M (-7% y/y) vs. $1,001M expected, BNA -$328M (vs. -359M$ in 1Q 2022) vs. -$360M spec. and EPS -$0.21 (-$0.22 in 1Q 2022) vs. -0.18$ […]

UAE’s holdings of US bonds decreased in February 2023

Malik Salameh – directThe UAE’s holdings of US Treasury bonds decreased during the month of February 2023 by 0.61 percent on a monthly basis. The UAE’s holdings of bonds last February amounted to about $64.5 billion, compared to $64.9 billion in the previous month, according to the monthly report of the US Treasury Department. On […]