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Highlights: Walmart Inc. (NYSE: WMT) reported revenue of US$141.6 billion in the first quarter. Home Depot Inc. (NYSE: HD) posted first-quarter sales of US$38.9 billion. Walmart’s international net sales stood at US$23.8 billion. US...

• May 17, 2022 12:57 PM PDT
• Team Kalkine Media

Highlights The state-controlled oil giant Saudi Aramco weighs an initial public offering (IPO) for its trading unit.  The company is working with Goldman Sachs Group Inc., JPMorgan Chase & Co., and Morgan Stanley for its offering. Ara...

• May 17, 2022 11:45 AM PDT
• Versha Jain

Highlights: Alphabet Inc.'s (NASDAQ: GOOGL) revenue surged 23% YoY in Q1, FY22. Meta Platforms, Inc. (NASDAQ: FB) revenue increased by 7% YoY in Q1, FY22. Upstart Holdings, Inc. (NASDAQ: UPST) expects its revenue to be between US$295 million a...

• May 17, 2022 11:01 AM PDT
• Rupam Roy

Highlights Elon Musk has said the US$44 billion Twitter acquisition deal is unlikely to move ahead amid uncertainty over fake accounts. Musk asked Twitter CEO Parag Agrawal to publicly disclose that spam accounts represent less than 5% of its a...

• May 17, 2022 10:34 AM PDT
• Team Kalkine Media

Highlights Drones are unmanned vehicles used in a variety of tasks such as traffic navigation, weather monitoring, search and rescue, photography, videography, defense, etc.  Currently, there are 855,179 registered drones in the US, includ...

• May 17, 2022 08:42 AM PDT
• Versha Jain