CleanSpark is expected to post a nearly 13% bump in revenue from the previous quarter when it kicks off the earnings season for bitcoin miners after the U.S. close today. The company is expecte...
Tag: Earnings
PepsiCo (PEP) Q4 2022 earnings
Pepsi sodas are displayed on shelves at a Walmart Supercenter on December 06, 2022 in Austin, Texas. PepsiCo, the maker of Pepsi soda, plans to cut hundreds of corporate jobs at its North American div...
Stocks Rise With US Futures as Earnings in Focus: Markets Wrap
(Bloomberg) — Stocks advanced with US futures as investors digested a slew of earnings reports and awaited data on US jobless claims. Most Read from Bloomberg Contracts on U.S. gauges signaled a...
Wealthy clients pulled more than $100 billion from Credit Suisse in the fourth quarter
Beleaguered Swiss banking giant Credit Suisse on Thursday revealed that wealthy clients pulled 92.7 billion francs ($101 billion) out of the bank in the fourth quarter. Credit Suisse said two-thirds o...
Credit Suisse posts massive annual loss as ‘radical’ restructure gets underway
The logo of Swiss bank Credit Suisse is seen at its headquarters in Zurich, Switzerland March 24, 2021. Arnd Wiegmann | Reuters Credit Suisse’s restructuring plans include the sale of part of th...
What to expect from PayPal’s earnings report
After last week’s surprise layoffs at PayPal, all eyes this week will be on the release of the company’s earnings report for the last quarter of 2022. Stock analysts expect earnings of up to $1.20 a s...
Disney announces layoffs, reorganization, cost cuts
Disney said Wednesday it is planning to reorganize into three segments, while also cutting thousands of jobs and slashing costs. The media and entertainment giant said it would now be made up of three...
Disney CEO Bob Iger puts turnaround plans in place after a solid quarter
Disney (DIS) reported a stronger-than-expected fiscal 2023 first quarter after the closing bell Wednesday, and Bob Iger struck the right tone on his first conference call since returning as CEO, prior...
Mattel (MAT) earnings Q4 2022
The Mattel company logo is pictured during the inauguration of the expansion of the Montoi plant, in Escobedo, Mexico March 15, 2022. Daniel Becerril | Reuters Barbie-maker Mattel posted fourth-quarte...
Disney (DIS) earnings Q1 2023: Bob Iger returns
LOS ANGELES – Smaller subscriber losses and a beat on the top and bottom lines were the highlights of Disney‘s fiscal first-quarter earnings report. While the company’s linear TV and direc...
Capri reports revenue down in Michael Kors, Versace, Jimmy Choo
A general view outside of a Michael Kors location Christopher Jue | Michael Kors | Getty Images Shares of Michael Kors owner Capri Holdings plunged 23% Wednesday after the company missed earnings expe...
Disney Will Reinstate Dividends, Cut 7,000 Jobs As Bob Iger Hones In On Bottom Line
Topline Disney CEO Bob Iger outlined his plan to turn around the entertainment behemoth in the first quarterly earnings call since his return, laying out a plan to save $5.5 billion by eliminating abo...
Affirm Stock Drops. Company Slashes 19% of Jobs After Earnings Miss.
Affirm Holdings, a buy-now, pay-later fintech, is slashing 19% of its workforce after missing expectations for both its second fiscal quarter and its immediate outlook. Founder and CEO Max Levchin sai...
NFL, World Cup ad revenue boost results
Striker, The U.S. Soccer Star balloon from Fox Sports is waked in the 2022 Macys Thanksgiving Day Parade past Columbus Circle in honor of the U.S. Mens National Team competing in the 2022 FIFA World C...
Disney Plans to Reinstate Its Dividend and Cut 7,000 Jobs. The Stock Jumps.
Walt Disney stock jumped on Wednesday after the entertainment giant topped earnings expectations, while also announcing it was planning to cut jobs and reinstate its its dividend. Disney reported non-...
Affirm to lay off 19% of staff, stock tanks after earnings disappointment
Affirm Holdings Inc. announced plans to cut 19% of its staff Wednesday following an earnings report in which the buy-now-pay-later company came up shy with both its results and outlook. “The root caus...
Stocks fall as investors assess earnings, path for rates
U.S. stocks closed Wednesday lower as another bout of earnings results hit traders’ desks and Wall Street weighed the outlook for interest rates after Federal Reserve Chair Jerome Powell signale...
Robinhood’s crypto trading revenue dips 24% in Q4, along with most everything else
Robinhood saw transaction revenue fall in the fourth quarter from the previous period, including a 24% decline in cryptocurrencies, while a slew of other numbers also took a turn lower. The firm also ...
Affirm earnings: What to expect from the buy-now-pay-later company
After robust growth for buy-now-pay-later services in the prior holiday season, Affirm Holdings Inc. is still expected to have increased its top line in the most recent December quarter, but at a much...
Bitcoin steady around $23,000 as ether moves higher; equites in the red
Bitcoin was hovering around $23,000 as ether gained. The Sandbox token jumped on news of metaverse partnership talks with Saudi Arabia. Equities slipped. The leading cryptocurrency by market cap...
Energy Stock Eyes 400% Earnings Growth
South-of-the-border energy stock Vista Energy (VIST) has entered a late-stage base and made it onto the elite IBD 50 list. The shale and oil exploration and production leader is Tuesday’s IBD 50...
BP’s 2022 Earnings Round Out A Record Year For Oil Majors
BP CEO Bernard Looney speaks during an event in London on February 12, 2020, where he declared the … [+] company’s intentions to achieve “net zero” carbon emissions by 2050. (P...
Kyndryl stock rallies on better-than-expected results, forecast
Kyndryl Holdings Inc. KD, +17.06% shares rallied in the extended session Tuesday after the managed infrastructure-service business spun off from International Business Machines Corp. IBM, +0.40% toppe...
Yum! Brands Q4 2022 earnings beat estimates
Yum! Brands (YUM), which operates KFC, Pizza Hut, Taco Bell, and Habit Burger Grill, posted its latest quarterly results that beat Wall Street estimates. In its fiscal fourth-quarter earnings results,...
Under Armour (UAA) Q3 earnings 2023
Under Armour shoes are seen inside of a store on November 03, 2021 in Houston, Texas. Brandon Bell | Getty Images Under Armour reported holiday quarter earnings Wednesday that beat Wall Street’s...
UBER Price: Uber Q4 earnings will decide the short term direction
UBER stock price formed a double bottom pattern and also broken out of the neckline hurdle NYSE: UBER stock price up by 12.84% on the monthly basis UBER technical indicators are turning bullish ...
Yum Brands (YUM) earnings Q4 2022
Vehicles wait in line at the drive through lane of a Yum! Brands Inc. Kentucky Fried Chicken (KFC) and Taco Bell restaurant in Lockport, Illinois. Daniel Acker | Bloomberg | Getty Images Yum Brands on...
Chipotle Mexican Grill (CMG) earnings Q4 2022
A Chipotle restaurant and signage is seen on February 09, 2022 in Miami, Florida. Joe Raedle | Getty Images Chipotle Mexican Grill on Tuesday reported weaker-than-expected quarterly earnings and reven...
15 dividend stocks whose 5% to 10% yields appear safe in 2023 and 2024 by this analysis
Corrected dividend stock screen table, because Hanesbrands had eliminated its dividend on Feb. 2. See note above table. If you are investing in dividend stocks, the last thing you want to see is a com...