Check out the companies making headlines in midday trading. Coinbase reported a 27% decline in revenues in the first quarter as usage of the platform dipped. Chesnot | Getty Images Coinbase – Shares o...
Tag: Earnings
WWE discloses $5 million in McMahon payments, delays earnings report
World Wrestling Entertainment Inc. Chairman Vince McMahon (L) and wrestler Triple H appear in the ring during the WWE Monday Night Raw show at the Thomas & Mack Center August 24, 2009 Ethan Miller...
Rivian: ‘Zombie’ company or charging down a path to EV success?
This a crucial time for car maker Rivian Automotive Inc., as it battles for its place in the competitive electric vehicle market. Rivian Automotive Inc.’s RIVN, +2.48% stock price has fallen 64.6% thi...
Crypto Market Update for August 10th – Bitcoin and Ethereum Prices Hold Support, Coinbase Q2 Earnings Report Reveals $1.1B in Losses
Cryptocurrency markets are showing signs of life this Wednesday as Bitcoin and Ethereum manage to hold support and register single-digit percent gains. Bitcoin is trading at $24.1k, and Ethereum is up...
Disney earnings could define how industry views future of streaming
A performer dressed as Mickey Mouse entertains guests during the reopening of the Disneyland theme park in Anaheim, California, U.S., on Friday, April 30, 2021. Bloomberg | Bloomberg | Getty Images Di...
Coinbase’s Q2 Below Par Earnings Leads Stock Price to Fumble
4 hours ago | 2 mins read Exchange News Analysts had expected Coinbase to bring in $832.2 million in revenue. The overall number of people using the platform decreased by 200,000. Following a disappoi...
Wendy’s, Coinbase, Buzzfeed and more
Check out the companies making headlines before the bell: Wendy’s (WEN) – Wendy’s shares fell 1% in premarket trading following a mixed quarter, which saw the restaurant chain report bette...
Energy, weather problems helped push bitcoin miner Marathon to $191.6 million net loss
Bitcoin miner Marathon saw a net loss of $191.6 million in the second quarter of 2022, a significant jump from a $13 million net loss in the first quarter. Revenues fell 51.8% to $24.9 million. The co...
Should you buy Coinbase stock on post earnings weakness?
Coinbase Global Inc (NASDAQ: COIN) is extending losses after the bell following the release of its Q2 report that hardly had any bright spot. The stock lost 11% heading into the earnings print on Tues...
Plug Power stock dips after earnings hit by fuel pressure
Shares of Plug Power Inc. dipped in after-hours trading Tuesday after the hydrogen fuel-cell company fell shy of expectations with its latest revenue and earnings. The company recorded a second-quarte...
Unity loses less than feared, trims outlook as Applovin makes $20 billion bid for software company
On the same day it received an offer to acquire the company for roughly $20 billion, Unity Software Inc. reported a loss that was less than feared and pulled back on its guidance for the year, and sha...
Coinbase-leveraged ETF Makes Market Debut Ahead of Earnings Report
Coinbase fans can lock in a leveraged trade via an ETF ahead of tonight’s earnings Alongside its long Coinbase product, GraniteShares also launched -1x short and 1.25x long Tesla ETFs and a 1.75x long...
Ford’s New F-150 Lightning Truck to Get Price Hike
Updated Aug. 9, 2022 1:22 pm ET Listen to article (1 minute) Ford Motor new all-electric truck is getting a price increase fewer than four months after it started shipping to dealerships for the first...
Stocks making biggest after hour moves: Coinbase, Roblox and more
In this photo illustration, the Coinbase logo is displayed on a smartphone screen. Rafael Henrique | SOPA Images | Lightrocket | Getty Images Check out the companies making headlines in after hours tr...
Sweetgreen (SG) Q2 2022 earnings meet estimates
A worker wears a Sweetgreen Inc. hat while preparing food inside the company’s restaurant in Boston, Massachusetts. Adam Glanzman | Bloomberg | Getty Images Shares of Sweetgreen plunged more tha...
Norwegian Cruise Line (NCLH) earnings Q2 2022
The Norwegian Pearl uses the turning basin as it docks at PortMiami on January 05, 2022 in Miami, Florida. Joe Raedle | Getty Images Shares of Norwegian Cruise Line fell Tuesday after the company repo...
Spirit Airlines (SAVE) earnings Q2 2022
Spirit Airlines planes on the tarmac at the Fort Lauderdale-Hollywood International Airport on February 07, 2022 in Fort Lauderdale, Florida. Joe Raedle | Getty Images Spirit Airlines reported a secon...
Norwegian Stock Sinks as It Predicts Losses to Continue
Text size The cruise company predicted it would continue to be unprofitable in the third quarter. Alexandre Meneghini/Reuters/Alamy Shares of Norwegian Cruise Line Holdings fell sharply Tuesday after ...
The red flag that preceded a halving of global equities in 2000 and 2007 is back, warns Citi
We are a day away from data that could prove a turning point for markets. If Wednesday’s CPI doesn’t reveal some slowing in prices, expectations will rise for a bigger Fed rate hike in September, poss...
Novavax, GoodRx, Allbirds and more
Take a look at some of the biggest movers in the premarket: Novavax (NVAX) – The drugmaker’s stock plummeted 32.3% in the premarket after posting an unexpected quarterly loss and cutting its ful...
IWG share price plummeted after earnings. Buy the dip?
The IWG (LON: IWG) share price collapsed on Tuesday after the WeWork competitor published weak results. The stock dropped to a low of 157.85, which was the lowest level since April 2020. It has crashe...
Aviva share price crawls back ahead of earnings. Is it a buy?
Aviva (LON: AV.) share price has crawled back in the past few weeks as investors wait for the upcoming half-year results. The stock rose to a high of 409p, which was the highest point since June 30th ...
Nvidia is hit by another ‘crypto hangover,’ and that isn’t the only problem
While in high demand and short supply for the first two years of the pandemic, Nvidia Corp.’s gaming cards have been hit by declines in three separate pandemic booms in 2022: Personal-computer sales, ...
Galaxy Digital’s $554 million loss triples from a year ago
Galaxy Digital reported a loss of more than $554 million for the second quarter, compared to a $182.9 million loss in the prior year period amid a tumble in crypto asset prices. The digital asset-focu...
Novavax slashes sales guidance in half, stock plunges 34%
Novavax Inc. executives slashed their annual sales guidance in half Monday while wildly missing financial expectations, sending shares down more than 30% in after-hours trading. Novavax NVAX, -5.01% n...
10 defensive stocks that can also provide you with growth and dividends over the long term
The S&P 500 Index has rallied 10% since June 22 from a deep decline, but there are different schools of thought about whether investors are out of the woods yet. Mark Hulbert has called the recent...