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...
Tag: Estimates
Ferrari (RACE) Q3 2022 earnings beat estimates, automaker raises guidance
Ferrari CEO Benedetto Vigna poses for a photograph as Ferrari unveils a new long term strategy, in Maranello, Italy, June 15, 2022. Flavio Lo Scalzo | Reuters Ferrari on Wednesday again raised its gui...
AMD Beats Profit Estimates as It Pushes Deeper Into Servers
(Bloomberg) — Advanced Micro Devices Inc. climbed in late trading after an expansion into server processors helped offset a slumping personal-computer market last quarter and the chipmaker vowed...
Apple and Amazon Miss Analysts’ Estimates, Crypto Tanks
Apple and Amazon: Bitcoin and Ethereum fell after Apple and Amazon earnings announced their latest financial results in after-hours trading. Bitcoin dropped sharply from $20,621.23 at roughly 4 p.m. E...
Vale Profit Misses Estimates as Iron-Ore Prices Slump
(Bloomberg) — World No. 2 iron ore producer Vale SA saw a steeper-than-expected drop in profit on slumping prices and lingering cost inflation. Most Read from Bloomberg The Brazilian mining gian...
Intel Pledges More Cost Cuts as Sales Forecast Misses Estimates
(Bloomberg) — Intel Corp. shares climbed in late trading after the chipmaker pledged to slash costs, an effort to weather a persistent slump in computer demand that is dragging down sales and pr...
Enphase Stock: Company Tops Estimates On Record Revenue
Enphase Energy (ENPH) reported third-quarter results late Tuesday that flew past estimates on the top and bottom lines. Enphase stock rose on the news. X The solar energy company reported adjusted ear...
GOOGL Stock Tumbles As Google Earnings Badly Miss Estimates And YouTube Ad Revenue Falls
Google-parent Alphabet (GOOGL) on Tuesday reported September-quarter profit and revenue that missed estimates as its core digital advertising business fell short of lowered expectations. GOOGL stock t...
Google ad sales take a hit and widely miss estimates, Alphabet stock drops 6%
Alphabet Inc. is feeling the sting of a downturn in digital-ad spending. Google’s parent company reported just 6% sales growth year-over-year Tuesday and missed widely on its advertising revenue, push...
Air Force, Navy Plans Look Totally Out Of Sync With China Threat Estimates
What’s wrong with this picture? Last week, Secretary of State Antony Blinken warned that China has accelerated its timetable for taking control of Taiwan, and the Navy’s top officer said that a milita...
Coca-Cola And General Motors Both Beat Estimates In Q3 Earnings Results
Coca-Cola beat Wall Street analysts Q3 estimates by 8.34%. (Photo by Justin Sullivan/Getty Images) Getty Images Key takeaways General Motors have had a big Q3, beating earnings per share estimates by ...
John Deere Stock Sees Green As Its Stock Builds A Base, Profit Estimates Rise
Deere (DE) is like the Tesla (TSLA) of the farm equipment industry, but with slow growth and without the volatility. This Big Cap 20 stock is building a cup base with a 393.03 buy point and is a stock...
Schlumberger Beats Profit Estimates as International Drilling Ramps Up
(Bloomberg) — Schlumberger posted its highest profit in seven years as overseas drillers put oil and gas rigs back to work, following North America’s lead amid tight global supplies. Most Read f...
Apple Stock Is a Top Pick, and Sales Will Beat Estimates, Says Morgan Stanley
Apple September quarter financial results should top current Street estimates, Morgan Stanley analyst Erik Woodring asserted in a research note on Wednesday. Apple (ticker: AAPL) will report results f...
Needham lowers estimates ahead of Q3 earnings
At least one Wall Street analyst is turning bearish on Warner Bros. Discovery (WBD) ahead of the company’s third-quarter earnings report. Needham Analyst Laura Martin, who maintains a Hold ratin...
Silvergate’s Q3 Net Income and Revenue Misses Estimates, Stock Tanks
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the futur...
Goldman Sachs Smashes Earnings Estimates. Are Bank Boom Times Back?
Key Takeaways Goldman Sachs has beat earnings forecast substantially with earnings per share hitting $8.25 against predictions of $7.51. They’re the latest bank to announce big earnings beats as risin...
Roblox stock surges after growth in September DAUs and bookings, while previous revenue estimates adjusted down
Roblox Corp. RBLX, +21.12% reported September metrics Monday that showed average daily active users (DAUs) rose 23% from a year ago to 57.8 million, which was down from 59.9 million in August but up f...
CoinShares launches a Twitter bot that estimates NFT prices
Join Our Telegram channel to stay up to date on breaking news coverage CoinShares, a digital asset management company, has unveiled an experimental Twitter bot. The bot will allow users to check the f...
Binance CEO Estimates that the Firm May Spend Over $1B on Deals by the End of 2022
Changpeng Zhao, the CEO of global leading digital-asset platform Binance has announced that the firm may spend more than $1 billion on investment by the end of 2022. Zhao, also known as ‘CZ’ made thi...
Tilray widens net loss and misses analyst estimates, shares fall
Tilray Brands Inc. TLRY, -18.72% closed lower by 18.7% on Friday after the cannabis company said its first-quarter loss widened to $65.8 million, or 13 cents a share, from a loss of $34.6 million, or ...
Current Block Times and Estimates Suggest Bitcoin’s Mining Difficulty Is About to Catapult Much Higher – Mining Bitcoin News
As bitcoin is coasting along under the $20K region, the network’s hashrate is still riding high at 250.04 exahash per second (EH/s) following the all-time high (ATH) the hashrate tapped on October 5. ...
AMD drops over 5% in premarket after Q3 sales miss estimates
Advanced Micro Devices (NASDAQ: AMD) reported their preliminary Q3 2022 results on October 6 after the market close. Revenue came in at $5.6 billion, a 29% year-on-year (YoY) increase, while the firm ...
“Rosy” Earnings Estimates Will Hurt Bitcoin, BTC Struggles At $20K
Bitcoin continues to lose momentum on low timeframes, as bulls were unable to follow through on yesterday’s upside impulse. The cryptocurrency was rejected around the mid-area of its current levels an...
Using Modest Estimates, Binance Alone Can Burn Nearly 500 Billion Terra Classic (LUNC) Every Year
– Advertisement – How much Terra Classic (LUNC) Binance alone can burn in a year? Let’s find out. On Monday, the world’s largest exchange by 24 hours trading volume, Binance, announced t...
Costco reports results that top estimates and $200 billion annual revenue for first time
Costco Wholesale Corp. shares slipped in the extended session Thursday even as the retailer reported quarterly results that beat Wall Street estimates and annual sales that topped $200 billion for the...
Yuga Labs Estimates a $50 Million Turnover from New Mecha Apes Collection – crypto.news
According to documents leaked to Protos, Yuga Labs is reportedly expected to launch a new collection of NFTs, Mecha Apes, by the end of 2022. Yuga Labs expects to raise $50 million in cash and more th...
FedEx (FDX) earnings Q1 2023 miss estimates
FedEx on Thursday withdrew its full-year guidance and announced significant cost-cutting measures following what it called softness in global volume of shipments. “Global volumes declined as mac...
Bitcoin Loses 6%, Equities Fall as Inflation Exceeds Estimates
Bitcoin and equity markets dropped sharply shortly after the inflation numbers’ release Futures markets forecast a 82% chance of a 75 basis point rate hike on Sept. 21 Inflation rose more than expecte...