$Unity Software Inc.(U)$ reports Q1 Earnings Before Market Open on May 7.The overall Q1 performance slightly exceeded expectations, particularly in terms of profit improvement, demonstrating management’s efforts during the transition period. However, the Q2 guidance was less optimistic than market expectations, and the shutdown of services in China also created headwinds for Grow Solutions revenue. Investor sentiment remains divided.Performance and Market ReactionQ1 core performance beat expectations, though ongoing adjustments to the product portfolio indicate the company is still in transition.Revenue: $435M (-5.5% YoY), primarily due to product line adjustments (portfolio reset), leading to declines in Create/Grow Solutions revenue.Impr
Fed Keeps Unchanged: Are 3 Rate Cut Estimates Too Optimistic?
After a two-day policy meeting, the Federal Reserve announced on Wednesday that it would keep the benchmark federal funds rate unchanged in the range of 4.25% to 4.5%. Is the market being too optimistic? As the broader market begins to pull back, what impact will this week’s FOMC meeting have?
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