When Berkshire Hathaway reports its third-quarter earnings on Saturday, investors won’t be spending a lot of time looking at the bottom line. The conglomerate’s stock buybacks, equity purchases, and l...
Tag: Earnings
Analysis of Robinhood’s Q3’22 Earnings
November 4, 2022, 9:18PM EDT • 4 min read Quick Take On November 2, 2022, Robinhood reported Q3’22 earnings Launched Robinhood Wallet, their self-custody Web 3 wallet to the first 10,000 customers of...
Robinhood Markets Inc. Announced Its Third Quarter Earnings Reports
In the announcement of 2022 third quarter earnings reports, Robinhood Markets, Inc.’s CEO discussed the conditions of crypto currency in today’s world. Robinhood is a well-known financial service mobi...
Analysis of PayPal’s Q3’22 Earnings
November 4, 2022, 3:42PM EDT • 2 min read Quick Take November 3, 2022, PayPal reported Q3’22 earnings Currently trades at $73.99 / share, a 67.7% decline in the last twelve months Increasing digital...
DraftKings shares tumble after monthly users fall short of estimates
Omar Marques | LightRocket | Getty Images Shares of DraftKings closed down 28% on Friday after the sports betting company reported slower monthly customer growth in the third quarter that fell short o...
Dow Jones Falls; Donald Trump Stock Up After Delay; Coinbase Earnings Miss, Bitcoin Rises
The Dow Jones Industrial Average fell as the stock market nursed a Fed meeting hangover. The Donald Trump SPAC Digital World Acquisition (DWAC) rose after a key vote was delayed. Bitcoin rose while Co...
Carvana stock craters as outlook darkens for used vehicle market
Shares of Carvana posted their worst day on record Friday after the company missed Wall Street’s top- and bottom-line expectations for the third quarter as the outlook for used cars falls from r...
Bankruptcy top of mind as miners confront market downturn
Bitcoin miners take center stage on the earnings calendar next week, but bankruptcy is what is weighing on the minds of investors and analysts alike. That’s what happens when one of the highest...
DraftKings shares tumbles after monthly users fall short of estimates
Omar Marques | LightRocket | Getty Images Shares of DraftKings were down 26% Friday after the sport betting company reported slower monthly customer growth in the third quarter that fell short of esti...
Coinbase, Block jump 12% following third quarter earnings
Coinbase and Block soared 12% a day after reporting third quarter earnings, outpacing gains by the S&P 500. Coinbase’s third-quarter results showed expenses fell to $1.1 billion from $...
Cardlytics shares fall over 50% after earnings; Is now the time to buy CDLX?
On Wednesday, November 2, shares of Cardlytics (NASDAQ: CDLX) fell to a new all-time low when the firm disclosed disappointing financial results for the third quarter ending on September 30, 2022, whi...
Analysis of Coinbase’s Q3’22 Earnings
November 4, 2022, 3:03AM EDT • 4 min read Quick Take Coinbase generated $576mm net revenue, ($545)mm net loss, and ($116)mm Adjusted EBITDA The company also reported $159bn quarterly trading volume an...
Block reports $14.7 million net loss in Q3, $1.76 billion in bitcoin sales
Block Inc. reported a $14.7 million net loss in the third quarter and bitcoin sales volume of $1.76 billion in the third quarter. The net loss accounts for a $2 million impairment loss related t...
PayPal reports $6.85 billion in Q3 net revenue, beats Wall Street estimate
Digital payments firm PayPal reported net revenue of $6.85 billion for the third quarter of 2022. The Wall Street consensus was $6.82 billion, according to Factset. Net revenue rose 11% year-ove...
Coinbase MTUs beat estimates, trading volumes miss
Coinbase’s third quarter sales missed estimates while its Monthly Transacting Users (MTUs) topped expectations. Shares whipsawed in after-market trading. The cryptocurrency exchange said r...
PayPal earnings forecast heads higher, but revenue outlook sends the stock lower yet again
PayPal Holdings Inc.’s cost-savings story began to play out in the latest quarter, but that wasn’t enough to satisfy investors as the digital payments giant also cut its revenue forecast for the full ...
Carvana Sinks on Earnings Miss, Bleak Outlook on Used-Car Demand
(Bloomberg) — Carvana Co., the online platform for used-car sales, reported third-quarter results that missed Wall Street expectations, citing a deteriorating economy and softening demand for pr...
Starbucks (SBUX) solid Q4 earnings, guidance despite China drag
Club holding Starbucks (SBUX) reported strong fiscal fourth-quarter results after the closing bell Thursday, giving us confidence that demand can endure the softness in the global economy and China...
PYPL Stock Falls On Weak Guidance Even As Earnings Beat
PayPal Holdings (PYPL) on Thursday reported September-quarter earnings that topped analyst estimates as cost-cutting moves kicked in. PYPL stock tumbled as payment volume missed expectations and reven...
Coinbase Q3 earnings miss but users hang on
Coinbase Global (COIN) reported third-quarter earnings Thursday showing the company missed estimates on revenue and earnings. However, it retained users and lowered expenses better than analysts predi...
Warner Bros. Discovery earnings miss across the board
Warner Bros. Discovery (WBD) reported third quarter earnings after the bell on Thursday, missing expectations across several areas. Here are Warner Bros. Discovery’s third quarter results compar...
Virgin Galactic Q3 2022 earnings
Virgin Galactic pilots walk to the company’s SpaceShipTwo Unity spacecraft, attached to the jet carrier aircraft Eve. Virgin Galactic Virgin Galactic on Thursday reported a wider third-quarter l...
Warner Bros Discovery (WBD) earnings Q3 2022
Warner Bros. Discovery reported its third-quarter earnings on Thursday, missing analyst expectations, as it felt the effects of a tough advertising environment and costs associated with its post-merge...
Carvana (CVNA) earnings Q3 2022
Ernie Garcia, CEO, Carvana Scott Mlyn | CNBC Shares of Carvana fell in extended trading Thursday after the online used car retailer missed Wall Street’s top- and bottom-line expectations for the...
4 of our stocks are in the news. Here’s the Club’s take on each development
Four of our Club holdings — Costco Wholesale (COST), Amazon (AMZN), Humana (HUM) and Bausch Health (BHC) — were in the news Thursday. Here’s how we feel about the developments. Costco The news: ...
Coinbase Earnings Disappointment Mitigated by USDC Interest Income
Coinbase posted lower-than-expected third quarter revenue but beat on earnings per share after the close Thursday, sending the stock whipsawing in after-hours trading. The cryptocurrency exchange rep...
Nikola Stock Is Rising. The Company Is Making More Trucks.
Stock in the electric and hydrogen truck-technology firm Nikola is rising after the company reported better-than-expected third-quarter sales. The company is ramping up production—a good sign for any ...
Starbucks (SBUX) Q4 2022 earnings
The ornate art decor of the Starbucks coffee chain in Xujiahui district attracts customers’ attention in Shanghai, China, May 12, 2021. Costfoto | Barcroft Media | Getty Images Starbucks is expe...
Amazon stock breaks long-term chart support, and the worst may still be to come
Amazon’s stock has tumbled enough over the past week to do real damage to its long-term chart — and enough to warn investors the worst may be yet to come. But amid the market turmoil and concerns over...