(Bloomberg) — China’s Contemporary Amperex Technology Co. Ltd. reported annual earnings that beat estimates on stronger demand for cleaner cars, underscoring its dominance as the world’s biggest...
Tag: Estimate
SHOP stock price tumbled 9.71%, despite beating Q4 estimate?
Shopify stock price drops below 200 day EMA and took halt at previous breakout level NYSE: SHOP stock price down by 9.71% on the weekly basis and formed a giant bullish candle Shopify Inc reported pos...
Private hiring increased by just 127,000 jobs in November, well below estimate, ADP reports
Private hiring slowed sharply during November in a sign that the historically tight labor market could be losing some steam, according to a report Wednesday from payroll processing firm ADP. Companies...
Analysts Estimate That Flasko (FLSK) Will Overtake Uniswap (UNI)…
The cryptocurrency market lost its spark at the start of 2022. By the conclusion of May, the market had already started to decline, and the recent FTX crash caused prices to drop much lower. Today, mo...
BabyDoge DEX Launching New Feature To Estimate How Many Tokens Will Burn From Every Swap
– Advertisement – BabyDoge DEX will soon launch a new feature to estimate how many tokens will burn from each swap. In a tweet today, Baby Doge Coin said it would soon roll out a new featu...
Nu Holdings’s Q3 profit bests estimate; shares rise
Nu Holdings reported a surprise net profit of $7.8 million, besting analyst expectations for a net loss of $9 million. The Sao Paulo-based neobank’s third-quarter revenue totaled $1.3 bill...
Cronos Group stock drops as revenue misses analyst estimate
Cronos Group Inc. CRON, -8.12% CRON, -9.16% shares dropped 3.6% in premarket trades on Monday after the Canadian cannabis company’s third-quarter revenue fell short of analyst estimates. Cronos ...
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...
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...
Twitter Attorney Says Bot Data Given to Musk Was ‘Explicitly an Estimate’
(Bloomberg) — Twitter Inc. provided data for spam and robot accounts that was “explicitly an estimate” to billionaire Elon Musk, who hasn’t shown any reason why that information is relevant to h...
IEA Raises Oil Demand Estimate for 2022; Here Are 2 Energy Stocks That Stand to Benefit
We’ve all seen the headlines lately, about Russia cutting back its natural gas exports to Germany – and to Western Europe generally. The cuts come in response to Western sanctions over the Ukraine war...
Nvidia Stock Sinks as Revenue Estimate Misses, Gross Margin Outlook Slashed
Text size Nvidia stock has declined 10% this year, while the Nasdaq Composite has fallen 18%. Justin Sullivan/Getty Images Nvidia shares plunged after the chip manufacturer shared preliminary financia...
Pinterest shares up 20% despite missing earnings estimate: here’s why
Pinterest Inc (NYSE: PINS) jumped more than 20% in extended trading on Monday even though its quarterly earnings and future guidance came in shy of Street estimates. Why are Pinterest shares up after ...
IBM Posts Highest Sales Growth in a Decade, Cuts Cash-Flow Estimate
(Bloomberg) — International Business Machines Corp. lowered its forecasts for free cash flow this year due to the impact of a strong dollar and the loss of business in Russia, sending the shares...
Jim Cramer Says Earnings Estimate Cuts Will Form an Investable Bottom; Here Are 3 ‘Strong Buy’ Stocks That Are Already Down 50%
As we move toward the end of Q2, it’s time to start thinking about earnings. Looking back at the quarter, analysts are predicting earnings growth of 8%, which may rise to 11% heading into next year. I...
Bitcoin Miner Iris Energy Increases 2022 Hashrate Estimate to 4.3 EH/s
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Venture Capitalist Tim Draper Explains Why Bitcoin Will Soar Past His $250K Estimate – Markets and Prices Bitcoin News
Venture capitalist Tim Draper has doubled down on his bitcoin price prediction of $250,000 by the end of this year or early next year. However, he explained why he expects the price of the cryptocurre...
Crypto Miners Account for Over 2% of Electricity Consumption in Russia, Estimate Suggests – Mining Bitcoin News
The share of crypto miners in Russia’s power consumption structure already exceeds 2%, according to a new government estimate. On this backdrop, the country’s industry ministry believes it’s time to b...
U.S. Economy Shrank 1.5% Last Quarter In Worst Showing Since Covid Recession, New GDP Estimate Shows
Topline The economy last quarter posted its worst annualized showing since the pandemic-induced recession in 2020, the government said in an updated release Thursday, blaming an unexpected decline in ...
Up 0.9% vs 1.0% Estimate
A woman pushes a shopping cart through the grocery aisle at Target in Annapolis, Maryland, on May 16, 2022, as Americans brace for summer sticker shock as inflation continues to grow. Jim Watson | AFP...
Argo A Bitcoin Miner Had Increased Its Hashrate Estimate As A Result Of Intel Mining Chips
As indicated by FactSet insights, Argo additionally kept deals of $100.1 million of every 2021, beating the typical examiner assumption for $98.3 million. Its net income for 2021 was $41.5 million, le...
U.S. Economy Shrank 1.4% Last Quarter In Worst Showing Since Covid Recession, New GDP Estimate Shows
Topline The economy last quarter posted its worst annualized showing since the pandemic-induced recession in 2020, the government said Thursday, blaming an unexpected decline in economic activity on t...
Chipotle Mexican Grill (CMG) Q1 2022 earnings beat estimate
A customer sits outside of a Chipotle restaurant in Santa Clara, California, U.S., on Tuesday, Oct. 19, 2021. David Paul Morris | Bloomberg | Getty Images Chipotle Mexican Grill‘s quarterly earn...
Coinbase Says Revenue Tops Estimate, Cautions on Trading Volume
(Bloomberg) — Coinbase Global Inc. shares slumped about 3% in post-market trading after the biggest U.S. cryptocurrency exchange cautioned that trading volume will decline in the first quarter. ...
Russians Own $215 Billion in Crypto Suggests Estimate Attributed to Government – Regulation Bitcoin News
Russians may own more cryptocurrency than previously thought, a new estimate reportedly used by the government has indicated. The quoted figure amounts to over a tenth of the global holdings and may s...
JPMorgan Lowers Its Bitcoin Fair Price Estimate to $38K
JPMorgan reduced its Bitcoin fair price estimate to $38k BTC Price at the time of writing – $38,209.20 The biggest challenge for bitcoin going forward is its volatility Driving venture bank JPMorgan ...
JPMorgan Lowers Its Bitcoin Fair Price Estimate to $38K Amidst Volatility – Bitcoin News
Leading investment bank JPMorgan has changed its view on the estimate of bitcoin’s price on a long-term basis. The institution had estimated a long-term price of $146K back in November when bitcoin wa...
Vitalik Buterin gives an estimate on Ethereum 2.0’s completion status
Vitalik Buterin gave a guesstimate on the completion of Ethereum 2.0. Sadly, the impatient among us will likely be disappointed with what he said. Speaking on the Bankless YouTube channel, Buterin cov...