Text size Redfin reported a smaller earnings loss than expected for the fourth quarter and full year. Elijah Nouvelage/Bloomberg Redfin has reported a smaller-than-feared earnings loss. Analysts respo...
Tag: Earnings
Opensea Drops Fees to Zero and Announces New Creator Earnings Model in Response to Shifting NFT Landscape – Bitcoin News
The largest marketplace for non-fungible tokens (NFTs), Opensea, has announced major changes to its fee structure and policies in response to a shift in the NFT ecosystem. The company detailed that it...
Popular ETF strategy shift may benefit investors
With Wall Street jitters increasing over the number of interest rate hikes ahead, VettaFi’s Todd Rosenbluth sees signs of a comeback in managed fixed-income exchange-traded funds. “It̵...
Stock Market Investing Action Plan: Holiday-Week Earnings From Walmart, Home Depot, Nvidia
The stock market heads into a short week as the Presidents Day holiday closes markets on Monday. The Investing Action Plan shows plenty of action crammed in the remaining four days. Earnings from Walm...
As Earnings Season Ends, Stocks Get Marked Down. The Good News: It Isn’t a Recession.
With only a few big names left to report, 80% of S&P 500 companies have now delivered results, putting the index’s earnings per share on track to contract 2.2% for the fourth quarter—the first qua...
Agnico Eagle Shares Sink as Inflation Sideswipes Earnings
(Bloomberg) — Agnico Eagle Mines Ltd.’s stock faced its biggest drop in more than two years after reporting inflationary headwinds and lower-than-expected sales in its latest earnings. Most Read...
OpenSea Announces 0% Trading Fees, Cuts Creator Earnings
Leading NFT marketplace, OpenSea, has made some major announcements in the last few hours. Through their official Twitter account, OpenSea listed various changes to their fee and royalty structure, wh...
Stock Market Rally Still Looks Healthy; Lithium Play Soars On Tesla Buzz, Nvidia Earnings Loom
Dow Jones futures will open on Sunday evening, along with S&P 500 futures and Nasdaq futures. A possible Tesla lithium deal and upcoming Nvidia earnings are in focus. X The major indexes slashed s...
SWAV Stock: Earnings Skyrocket 991%, Blowing Away Projections
Shockwave Medical (SWAV) tripled Wall Street’s fourth-quarter profitability expectations, leading SWAV stock to surge on Friday. X The company makes lithotripsy tools to “crack” hard...
FTX Promised High Earnings to African Students That Successfully Recruited Fellow Learners – Africa Bitcoin News
The collapsed crypto exchange FTX reportedly used the lure of high earnings to convince African university students to become its ambassadors. In addition to encouraging new FTX investors to use the p...
Deere Earnings Are Coming. The Stock Needs a Beat.
Agricultural machinery giant Deere reports its fiscal first-quarter earnings Friday morning. Investors could really use a “beat-and-raise” quarter from the company. Deere stock (ticker: DE) outperform...
Dow Jones Futures Fall After Hot Inflation, Tesla FSD Recall Hit Market Rally; DoorDash Runs On Earnings
Dow Jones futures fell slightly after hours, along with S&P 500 futures and Nasdaq futures. Applied Materials and DoorDash were key earnings after the close. X The stock market rally pulled back T...
DraftKings Reports Earnings Thursday. Analysts Are Worried About 2023.
DraftKings reported stronger than expected revenue and raised its outlook for 2023. Its business is getting a boost as more states legalize sports gambling. The gambling firm reported fourth quarter r...
Applied Materials Beats Earnings. Stock Rises.
Applied Materials reported better-than-expected earnings for its fiscal first quarter, sending the stock higher in after-hours trading. The chip equipment maker reported adjusted earnings of $2.03 a s...
Can Great Lakes Dredge & Dock (GLDD) Turn It Around In 2023?
Shares of Great Lakes Dredge & Dock (GLDD) sank more than 20% to start today’s trading session after the company reported much weaker-than-expected 2022 Q4 results this morning. Specifically, cont...
Coinbase downgraded ahead of earnings on ‘treacherous’ outlook
Investors holding shares of Coinbase Global (COIN) should be feeling much better than they did at the beginning of the year. In 2023, the stock has rallied a staggering 89%, but the fierce rally is no...
A Look at DraftKings After the Super Bowl and Before Earnings
By BRUCE KAMICH Feb 16, 2023 | 09:42 AM EST Stocks quotes in this article: DKNG Wagering platform DraftKings ( DKNG) was busy in recent weeks as football fans bet a record $16 billion in total on Supe...
Dow Jones Dives 400 Points On Hot Inflation Data; Shopify Plunges On Earnings
The Dow Jones Industrial Average sold off as much as 411 points Thursday morning after hotter-than-expected wholesale inflation data, as well as a surprise drop in weekly jobless claims. Shopify (SHOP...
Hasbro (HAS) earnings Q4 2022
Hasbro‘s 2023 outlook might feel like déjà vu. At first, anyway. The toymaker on Thursday announced its fourth-quarter results while issuing conservative guidance for the year, mimicking the mod...
Paramount plans streaming price increases
Paramount Global said it saw its streaming business grow during the fourth quarter, and announced plans to increase prices for Paramount+ this year. Despite adding more streaming customers, Paramount ...
Bitcoin holds firm above $24,000, with crypto prices buoyant as stocks dips
Markets • February 16, 2023, 10:22AM EST Crypto prices continue to climb higher, with bitcoin firmly above $24,000. Equities linked to cryptocurrency and blockchain technology traded down. Bitc...
PARA Stock surged 9.31% ahead of Q4 Earnings, Is More rally left?
Paramount stock price formed double bottom reversal pattern NASDAQ: PARA stock price is up by 13.66% on the weekly basis and formed bullish engulfing candle PARA Q4 earnings estimate at $0.24 and reve...
Which Way Will Crocs Stock Swing After Earnings?
Crocs, Inc. (NASDAQ:CROX) is up 1.8% at $124.58 at last check, brushing off today’s broader market headwinds. The security will report fourth-quarter earnings before the opening bell tomorrow, w...
Lithium Stocks: Livent Rockets, Albemarle Rises After Earnings Beat
Lithium miner Livent (LTHM) bolted higher on Wednesday after edging past Q4 estimates and offering a sales outlook for 2023 that fell short of analyst forecasts. LTHM stock cleared an early entry poin...
Michael Burry and David Tepper snapped up Alibaba during the fourth quarter
High-profile investors Michael Burry and David Tepper were buying Alibaba during the fourth quarter, potentially putting them in a position to profit from the reopening of the Chinese economy. Scion A...
Bed Bath & Beyond’s $1 Billion Stock Deal: What to Know
It has been a whirlwind for Bed Bath & Beyond Inc.’s meme-stock investors, marked by a credit default, store closings and a last-gasp financing deal that saved the company from chapter 11. The tur...
Cisco stock adds more than $10 billion in a day, but is supply or demand driving strong performance?
Cisco Systems Inc. shares added more than $10 billion in market capitalization Thursday, but Wall Street analysts were still debating whether promises of strong sales growth in the coming months were ...