Inflation in the U.S. came in at 7.1% in November, compared to the 7.3% year-on-year forecast. The month-on-month increase was 0.1%, down from 0.4% in October. Cryptocurrencies and traditional ...
Tag: Estimates
AVGO Stock: Broadcom Earnings Top Estimates, Revenue Outlook Above Views
Semiconductor maker Broadcom (AVGO) on Thursday reported earnings and revenue that topped Wall Street’s targets for its fiscal fourth quarter, despite slowing smartphone sales. Management’...
Coinbase CEO estimates 50% revenue drop due to falling crypto prices
As digital assets suffer from a sector-wide slump made worse by a spate of high-profile crashes that damaged investor trust, Coinbase Global Inc’s (COIN.O) turnover is expected to decrease by half thi...
C3.ai Completes Switch to New Business Model, as Sales Meet Street Estimates
C3.ai stock is little changed after the enterprise artificial intelligence software company posted financial results for its fiscal second quarter ended Oct. 31 that were largely in line with guidance...
CrowdStrike Tumbles After Revenue Forecast Misses Estimates
(Bloomberg) — CrowdStrike Holdings Inc. fell as much as 19% in extended trading on Tuesday after the cybersecurity company gave a revenue outlook for the current period that fell short of analys...
Earnings Calendar, Analyst Estimates And Earnings Reports To Watch
When searching for the best stocks to buy and watch, look for companies with strong earnings growth – and check the earnings calendar to see when they report. X Be sure to also see our latest list of ...
US Extended Student Loan Moratorium, Analysts Reduced Estimates, Price Targets On SoFi Technologies
Mizuho analyst Dan Dolev maintained SoFi Technologies, Inc (NASDAQ: SOFI) with a Buy and lowered the price target from $7 to $6 despite remaining upbeat on the stock. The seemingly never-ending studen...
PANW Stock: Palo Alto Earnings Beat Estimates Amid Cider Security Acquisition
Palo Alto Networks (PANW) on Thursday reported October-ended quarter earnings and revenue that topped Wall Street targets and announced the acquisition of Cider Security for $195 million in cash. PANW...
Treasury curve inverts further below zero after Fed’s Bullard produces 5%-7% estimates for fed-funds rate
The spread between 2- TMUBMUSD02Y, 4.462% and 10-year Treasury yields TMUBMUSD10Y, 3.776% inverted more deeply on Thursday, shrinking to as little as minus 70.5 basis points, after a Federal Reserve p...
Nvidia Surpasses Estimates in Fiscal Q3, NVDA Stock Up 2.20%
Nvidia said its gaming sales for the fiscal Q3 were $1.6 billion, over analysts’ expectations of $1.4 billion. Software company Nvidia (NASDAQ: NVDA) posted impressive financial results for its fiscal...
CSCO Stock: Cisco Earnings Top Estimates Amid Restructuring Plan
Cisco Systems (CSCO) on Wednesday reported fiscal first-quarter earnings and revenue that topped consensus estimates. CSCO stock rose as the computer networking giant also announced a restructuring pl...
Nvidia revenue beats estimates, gaming segment also tops expectations
Nvidia’s fiscal third quarter revenue beat analyst estimates while sales from its gaming segment, which includes crypto-related revenue, also topped expectations. The chipmaker posted quar...
Messari estimates up to 50% of FTX user funds recoverable
FTX filed for Chapter 11 bankruptcy on Nov. 11 following days of intense speculation over the company’s financial health. Over this period, numerous allegations emerged that suggested FTX’s top brass ...
3Q Earnings Weren’t Bad. But 2023 Estimates Could Be Ugly.
Wall Street expected 2023 earnings forecasts to drop after third-quarter results came in. That time has come. With companies that account for some 90% of the S&P 500’s market capitalization having...
Oryen Network Finding Footing After 110% Price Movement, Pancakeswap Estimates Large Volume On Launch
Oryen Network’s 110% price increase has enthralled the crypto community, but it’s only the beginning. Experts believe that Oryen has enormous potential for more price increases. This astounding perfor...
Bitcoin and ether up as U.S. inflation data below estimates at 7.7% in October
U.S. inflation is showing signs of cooling down as crypto markets remain tumultuous. Inflation in the U.S. came in at 7.7% in October. Based on FactSet data, analysts had predicted an 8% increa...
Hut 8 Q3 losses miss estimates, hashrate jumps 10%
Bitcoin miner Hut 8 missed third-quarter estimates with $23.7 million in net losses compared to the estimated $19.4 million. Revenue of $31.7 million compared to the $36.3 million average analys...
Stronghold Digital Mining misses analyst estimates with $49.6 million Q3 loss
Stronghold Digital Mining reported a net loss of $49.6 million in the third quarter, which badly missed analyst estimates. The results, its first since announcing a series of debt restructuring...
Plug Power Missed Sales Estimates By a Mile. Wall Street Isn’t Worried.
Hydrogen fuel-cell technology company Plug Power reported third-quarter results that fell way short of Wall Street expectations, but analysts still believe the company’s future is very bright. Tuesday...
Bitcoin Miner Marathon Digital Misses Q3 Revenue Estimates, Lowers Hashrate Outlook for 2022
The first risk, said Jefferies, is Marathon’s expectation of 3.2 EH/s to be plugged into a Compute North facility in Texas. In addition to regulatory delays, there’s the issue of Compute N...
Lucid Falls After Maker of Luxury EVs Misses Profit Estimates
(Bloomberg) — Lucid Group Inc. shares fell in late trading after third-quarter sales and earnings trailed estimates and reservations declined for the company’s luxury electric vehicles. Most Rea...
Miner Marathon Digital Q3 results miss estimates across the board
Bitcoin miner Marathon Digital posted a net loss of $75 million in the third quarter, more than three times the average analyst estimate for a loss of $18.7 million. Shares were down just under ...
Sweetgreen (SG) Q3 2022 earnings miss estimates, stock tumbles
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 fell 10% in afte...
Polygon Beats Estimates As MATIC Registers 26% Weekly Gain.
Polygon (MATIC) surpassed expectations with regards to its trading price as it ended up being the top gainer in a seven-day period right now among the top 15 cryptocurrencies in terms of market capita...
Riot Blockchain third quarter revenue falls short of analyst estimates
Bitcoin mining company Riot Blockchain fell short in the third quarter, missing analyst targets for revenue. Riot posted a net loss of $36.6 million, or 24 cents a share, compared to $15.3 milli...
S&P 500 earnings estimates for 2023 take ‘complete U-turn’ as recession risks loom, according to BofA
The S&P 500 risks another leg down after a “complete U-turn” in 2023 earnings-per-share estimates for the U.S. stock-market index, according to a BofA Global Research note. “Forward estimates have...
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...
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...
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...