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Tag: Earnings
Lyft stock drops after earnings show key misses
Lyft (LYFT) reported disappointing third-quarter earnings results on Monday after the closing bell, with both earnings and revenue missing analyst estimates. The ride-sharing company also reported 20....
What To Expect on Miners’ Q3 Earnings Calls As Industry Remains ‘Distressed’
A range of bitcoin miners are set to report third quarter results in the coming days as several companies in the mining sector are struggling to cope with financial pressures. Marathon Digital, Stron...
PLTR Stock Slips As Palantir Earnings Miss Estimates, Revenue Outlook Light
Palantir Technologies (PLTR) on Monday reported September-quarter earnings that missed views while revenue edged by Wall Street targets. PLTR stock fell as fourth-quarter revenue guidance came in belo...
Uneven Growth Rate In Ethereum, Solana, And Cardano As Per Cardano Quarter Earnings
The United States’ largest crypto currency exchange platform, Coinbase, announced its third quarter earnings, which show a decline in the profits. Due to weak market conditions and lawsuits filed agai...
Goldman Cuts S&P 500 Earnings Estimate, Citing Margin Headwinds
(Bloomberg) — Goldman Sachs Group Inc. lowered earnings estimates for the S&P 500 Index for each year till 2024, saying margins contraction in the third-quarter signals more pain ahead. Most...
Stocks Higher, Week Ahead, Apple, Warren Buffett-5 Things To Know
Five things you need to know before the market opens on Monday, November 7: 1. — Stock Futures Edge Higher With Fed Path, Mid-Terms In Focus U.S. equity futures edged higher Monday, while the do...
Cathie Wood Offloads Nvidia Ahead of Third-Quarter Earnings
(Bloomberg) — Cathie Wood is once again offloading shares in her long-time favorite Nvidia Corp., as a slight rebound emerged ahead of the company’s earnings. Most Read from Bloomberg Her flagsh...
Tech can’t find a bottom; industrial, consumer stocks bounce
Lots of companies got clocked last week. We saw weakness in a host of industries everything from media to gambling to cloud computing and software sales. The pain in the technology sector seems to kno...
Coinbase Facing Losses In Its Third Quarter Earnings Report
The United States’ largest cryptocurrency exchange platform, Coinbase, announced its third quarter earnings, which show a decline in the profits. Due to weak market conditions and lawsuits filed again...
Berkshire Hathaway Earnings Up 20%; Warren Buffett Keeps Buybacks Light| Investor’s Business Daily
Berkshire Hathaway earnings for the third quarter rose 20% on an operating basis while the bear market took a toll on investments. Warren Buffett’s Berkshire Hathaway (BRKB) cash pile grew as bu...
Rohit Chopra is cracking down on big banks and Big Tech. Is he out of control?
In March, Rohit Chopra was invited to give a virtual speech at the University of Pennsylvania, an Ivy League school known for churning out finance-minded graduates who fill the rosters of Wall Street ...
Buffett’s Berkshire Hathaway’s Earnings Jump 20%
Billionaire Warren Bufffett’s Berkshire Hathaway (BRK.A) reported its operating profit increased by 20% during the third quarter while buybacks were limited to $1.1 billion, below its 2021 lev...
Pfizer Stock’s Post-Covid Future Looks Healthy
These reports, excerpted and edited by Barron’s, were issued recently by investment and research firms. The reports are a sampling of analysts’ thinking; they should not be considered the views or rec...
Disney overtook Netflix as the streaming leader, and is expected to widen the lead
Walt Disney Co. displaced Netflix Inc. as king of the video-streaming market, and it is expected to widen the gap. Disney DIS, +0.33% seized the mantle three months ago as its potent content troika of...
Crypto earnings, the Fed and bitcoin back above $21,000
Crypto prices ticked up over the past seven days as some crypto-related stocks gained after earnings. Bitcoin was trading at $21,214 today, up about 2% over the past week, while ether gained 0....
Oil Companies Lift Their Dividends as Cash Rolls In
It was a busy week for dividend increases at energy companies, a bonus for investors who have scored as the stocks have taken off this year. The sector is prospering as Russia’s war against Ukraine ha...
Coinbase Earnings Shows Uneven Growth in Ethereum, Solana and Cardano Staking
Coinbase has a ways to go before it becomes the “#1 staking provider.” The last time Coinbase reported quarterly earnings, in August, the company told shareholders it had prioritized development of it...
DraftKings Stock Price Drops Despite Earnings Release
On November 4th, 2022, DraftKings released its earnings for Q3 2022 till September. The financials company reported remained more than expected citing good performance of the company and other growth ...
EMEA Earnings to Watch: Ryanair, Bayer, AstraZeneca, Richemont
(Bloomberg) — A glance at the Stoxx Europe 600 Index’s performance at the sector level gives an indication of the winners and losers of the third-quarter earnings cycle, with travel and leisure ...
Judge Pauses Albertsons’ $4 Billion Special Dividend From Kroger Merger
A Washington judge has blocked Albertsons Cos. from paying out $4 billion in dividends while regulators review its proposed merger with Kroger. King County Superior Court Commissioner Henry Judson a...
Berkshire Hathaway Q3 earnings BRK
Berkshire Hathaway Chairman and CEO Warren Buffett. Andrew Harnik | AP Berkshire Hathaway on Saturday posted a solid gain in operating profits during the third quarter despite rising recession fears, ...
DraftKings stock suffers worst day on record as ‘patience remains thin’ with gambling company’s losses
Shares of DraftKings Inc. suffered their worst daily performance on record Friday, after the sports-betting company topped revenue expectations but appeared to spook investors with its discussion of c...