Investors are smiling as the US inflation print for November came in at 7.1% this afternoon. This beats even the most optimistic of analysts, with 7.3% the consensus forecast ahead of the announcement...
Tag: Expectations
Bitcoin hurtles toward $18,000 as inflation comes in below expectations, crypto stocks soar
Bitcoin and crypto prices soared following lower-than-expected U.S. inflation data for November. Crypto stocks bounced in line with U.S. stock futures. Bitcoin was hurtling toward $18,000 shortl...
S&P 500 Expectations 2023: Coinspeaker Advent Calendar
The S&P 500 is likely to bounce back from its current low as the index has not recorded a back-to-back annual slump since 2002. Dear readers, welcome to another episode of the Coinspeaker Advent C...
Costco Misses Earnings and Revenue Expectations
Costco Wholesale got a sluggish start to its new fiscal year, missing earnings and revenue expectations and sending the stock lower in after-hours trading on Thursday. Investors had been wary headed i...
Hello Group Stock Surges As Q3 Earnings Exceed Expectations
Hello Group Inc (NASDAQ: MOMO) reported a third-quarter FY22 net revenue decline of 14% year-on-year to $454.5 million, beating the consensus of $445.8 million. Drivers: Monthly Active Users (MAU) on ...
Coinbase CEO Armstrong Confirms Street Expectations for a 50%-Plus Decline in Revenue in 2022
“Last year in 2021, we did about $7 billion of revenue and about $4 billion of positive EBITDA, and this year with everything coming down, it’s looking, you know, about roughly half that or less,” Arm...
ChargePoint Holdings Shows Improved Revenue Despite Failed Expectations
ChargePoint Holdings failed to meet their Q3 2022 revenue estimate. The EV industry can help the company to grow considerably in future. CHPT stock was trading at the market price of $11.64. ChargePoi...
US nonfarm payrolls surpass expectations to rise by 263,000; Wages up by the sharpest in 13 months
In a highly unexpected development, U.S. nonfarm payrolls outperformed market expectations and rose by 263,000 in the month of November. This was against market estimates of a slowdown to 200,000. Are...
Bitcoin Rallies as PCE Price Index Comes in Below Expectations
Bitcoin rose 1.5% as U.S. Core Personal Consumption Expenditure Price Index for Oct. 2022 came in 0.1% lower than analysts’ estimates of 0.3%. The PCE Price Index, which measures changes in consumer s...
Bitcoin Price Expectations 2023: Coinspeaker Advent Calendar
As 2022 is wrapping, Coinspeaker presents the plausible expectation for Bitcoin price in 2023 in this exclusive Advent Calendar series. Dear Readers, as the year is coming to an end, we believe it wil...
Luke Fickell Hiring Signals New Era, Higher Expectations At Wisconsin
Wisconsin athletic director Chris McIntosh, left, introduces new head football coach Luke Fickell at … [+] a news conference Monday, Nov. 28, 2022, in Madison, Wis. (AP Photo/Morry Gash) Copyrig...
Pinduoduo Shares Pop As Q3 Earnings Breezes Past Expectations
China’s largest agriculture platform Pinduoduo Inc (NASDAQ: PDD), reported third-quarter FY22 revenue growth of 65% year-on-year to $4.99 billion, beating the consensus of $4.31 billion. Revenue...
Medtronic stock falls after profit beats expectations but revenue misses, and outlook is downbeat
Shares of Medtronic PLC MDT, -6.14% dropped 2.4% in premarket trading Tuesday, after the medical devices maker reported fiscal second-quarter profit that topped expectations but revenue that missed an...
Baidu Beats Revenue Expectations Despite Continued Covid Worries
Baidu on Tuesday became the latest Chinese technology company to report a return to annual growth, as it beat expectations for its third-quarter revenue. Baidu (ticker: BIDU)—often referred to as Chi...
China property stocks surged amid warnings of weak reality, high expectations
China’s housing prices fell in October due primarily to falling prices in less developed, so-called Tier-3 cities, according to Goldman Sachs analysis of official data. Future Publishing | Futur...
Why BTC miners, investors could have to delay their profit expectations to 2023
Bitcoin miners’ wallet balance fell to the minimum value in ten months Overall market condition and mining sector state revealed that miners could remain unprofitable unless the market cycle changes B...
Alibaba Misses Q2 2023 Revenue Expectations with Slow Spending and Covid Restrictions
China experienced abnormal logistics and delivery services due to COVID-19 protocols which led to major drop in sales for Alibaba last quarter. On Thursday, November 17, Chinese e-commerce giant Aliba...
Revenue beats expectations, bottom line falls short
Graphics chip giant Nvidia (NVDA) announced its Q3 earnings after the closing bell on Wednesday, beating analysts’ expectations on revenue, but falling short on earnings per share. Here’s ...
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...
ZIM Integrated Shipping Q3 Earnings Exceed Expectations
ZIM Integrated Shipping Services Ltd (NYSE: ZIM) reported third-quarter FY22 sales growth of 3% year-on-year to $3.23 billion, beating the consensus of $3.18 billion. Carried volume in Q3 was 842 thou...
Pivot pressure may rise as manufacturing expectations suffer even as producer prices ease
The Producer Price Index (PPI) is a leading measure of the Consumer price index (CPI), and captures price rises at a wholesale level. On a monthly basis, the PPI registered a rise of 0.2%, below marke...
Inflation expectations rebound on record-high jump in gas outlook: NY Fed survey
A Sheetz customer gets gasoline at a gas station in Plains, Pennsylvania, U.S. October 19, 2022. Aimee Dilger | Reuters Americans grew more worried about inflation in the October, with fears emanatin...
Dogecoin price analysis: Expectations remain low as bears cause a downturn up to $0.08584
Dogecoin price analysis is showing bearish results for the day as the price underwent a loss once again. The price has decreased up to $0.08584, continuing the downtrend that started during the last w...
Attention KCS holders! This week may be far from your expectations because…
Crypto assets or firms, thanks to the FTX exposure, are either being dumped like FTT or closing shop like BlockFi. And allegedly KuCoin exchange’s exposure to FTX spooked users. Amidst the overall bea...
Unrealistic Expectations Cause False Narratives About Weather Forecasts
MIAMI – AUGUST 08: Max Mayfield, director of the National Hurricane Center, speaks during a news … [+] conference to announce NOAA’s updated 2006 Atlantic Hurricane season forecast A...
Bitcoin Price Movement Causes Concern! A Close Above These Levels Could Revive Bullish Expectations
The Bitcoin price trend is extremely unsettled and uncertain ever since the market collapsed in May 2022. While multiple attempts to revive the bullish trend were made but woefully, it ended up in a s...
Dillard’s 3rd Quarter Beats Expectations
(Photo by James Leynse/Corbis via Getty Images) Corbis via Getty Images Dillard’s reported 3rd quarter 2022 earnings which showed excellent control of the business. The company was up against a very s...
Here’s what might temper MATIC buyers’ expectations this week
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. MATIC’s golden cross on the daily chart reignited the chances of ...
US Added 261K Jobs in October, Topping Expectations for 200K
After an initial dip of about $200, bitcoin (BTC) has bounced to its pre-report level, currently trading at $20,700. While the headline 261,000 jobs growth suggests the U.S. Federal Reserve has plenty...
Bitcoin fails to act as inflation hedge in 2022 despite expectations, study shows
The ongoing high inflationary environment has left investors looking for possible assets to act as a hedge considering the downturn affecting both stocks and cryptocurrencies. Notably, crypto proponen...