Institutional investors and high net worth (HNW) individuals’ adoption of crypto has dwindled because of the 2022 bear market. But before the start of the bear market, 2021 saw the rise of millionaire...
Tag: guidance
Chip giant misses Wall Street expectations, Q1 guidance disappoints
Intel (INTC) reported its Q4 2022 earnings after the bell on Thursday, missing analysts’ expectations as the chip industry continues to struggle with slowing consumer and enterprise demand. What...
Dow Jones Futures Fall: Microsoft Erases Gains On Weak Guidance; Tesla Earnings On Tap
Dow Jones futures fell after hours, along with S&P 500 futures and Nasdaq futures, as Microsoft (MSFT) guidance overrode better-than-feared earnings. ASML (ASML), Boeing (BA) and Tesla (TSLA) are ...
Microsoft Posts Earnings Beat On Solid Cloud Results, But Guidance Disappoints
Microsoft posted better-than-expected results for the December quarter, driven by strength in cloud computing. But the strong results were tempered by disappointing guidance for the March quarter. Whi...
J&J’s upbeat guidance brings good news for big pharma
Johnson & Johnson (NYSE: JNJ), on Tuesday, issued encouraging guidance for the full year. Shares are still trading slightly down this morning. Why is J&J stock down today? The stock seems to...
NYDFS Releases Guidance on Importance of Segregation and Separate Accounting for Customer Funds in Crypto Industry – Regulation Bitcoin News
On Monday, the New York Department of Financial Services (NYDFS) published guidance on custodial structures to help protect customers’ money if a crypto firm goes bankrupt. New York’s top financial re...
New York issues fresh guidance to tackle FTX-style co-mingling
Crypto companies will be forced to keep customer assets separate from company assets under new guidance due to be published by the New York State Department of Financial Services (NYDFS). As reported ...
T Stock: Why 2023 Free Cash Flow Guidance Will Move Shares
What will move T stock up or down when AT&T earnings for the December quarter are released Wednesday? There’s general agreement on Wall Street it’ll be AT&T‘s (T) 2023 free c...
American Airlines lifts Q4 guidance on ‘strong demand’
American Airlines Group Inc (NASDAQ: AAL) is in the green on Thursday after the air carrier raised its guidance for the current quarter. CEO Robert Isom’s remarks on CNBC The airline now forecasts a 1...
Macy’s lowers its revenue guidance for the holiday quarter
Macy’s Inc (NYSE: M) tumbled in extended hours on Friday after the retailer warned of a potential softness in its current quarter results. Macy’s hints at consumer weakness The department store chain ...
As 2023 Dawns, Guidance On The Technology-Neutral Tax Credit Under The Inflation Reduction Act (IRA) Is Needed
Rep. Sean Patrick Maloney (D-NY) stands silently during a press conference on the the Inflation … [+] Reduction Act at Glynwood Boat House on August 17, 2022 in Cold Spring, New York. Getty Imag...
Nio cuts 4Q delivery guidance, cites Covid disruption
Chinese electric car company Nio delivered more than 5,000 cars in April despite Covid restrictions in some parts of China, albeit down sharply from nearly 10,000 vehicle deliveries in March. Future P...
Is Micron stock a ‘buy’ despite weak guidance?
Shares of Micron Technology Inc (NASDAQ: MU) are trading down in extended hours after the chipmaker reported disappointing results for its fiscal first quarter on lower demand and elevated inventories...
Treasury delays electric vehicle tax credit guidance until March
UAW Local 5960 member Kimberly Fuhr inspects a Chevrolet Bolt EV during vehicle production on Thursday, May 6, 2021, at the General Motors Orion Assembly Plant in Orion Township, Michigan. Steve Fecht...
CleanSpark slashes 2023 hash rate guidance: BTC minors’ troubles continue.
CleanSpark (CLSK) reduced hash rates from 22.4 EH/s to 16 EH/s. Their partner Lancium was to provide 200 MW power capacity in West Texas. CLSK shares hopped 2% on Wednesday after falling 76% in 2022...
New York State Financial Regulator Issues Guidance for Banks That Want To Engage With Crypto
The New York State Department of Financial Services (NYDFS) is publishing new rules for banks planning to submit proposals to venture into crypto. Under the new guidance, New York-regulated banking or...
New York Financial Regulators Issue Crypto Guidance To Banks
The New York State Department of Financial Services (DFS) has handed out guidance to regulated banks that wish to engage in activities related to cryptocurrencies. DFS has provided these banks with a ...
Crypto Guidance For Banks Published by New York Regulator
On Thursday, New York’s Department of Financial Services (DFS) released guidance for banks that want to engage with virtual currencies (VC). The information concerns all banking institutions within th...
New York Financial Regulators share guidance to banks regarding crypto
Change is the only constant thing in the universe; if people do not change with change, they will perish. It is a universal law. The traditional way of finance is changing and in the modern day, crypt...
New York State issues guidance for banks seeking to engage in activities with crypto
The New York state Department of Financial Services (DFS) released guidance on Dec. 15 for regulated banks seeking to engage in activities with virtual currency. The guidance, which took effect immedi...
Bitcoin miner CleanSpark slashes 2023 hashrate guidance on build-out delays
Bitcoin miner CleanSpark is lowering its 2023 hashrate guidance from 22.4 EH/s to 16 EH/s because of build-out delays coming from its infrastructure partner, Lancium. “Just recently, they ...
Should you buy Oracle stock despite soft guidance?
Oracle Corporation (NYSE: ORCL) is trading up in extended trading after reporting better-than-expected results for its second financial quarter. Oracle’s guidance for the third quarter Shares are hold...
Bitcoin miner TeraWulf ups hashrate guidance by 16%, raises $10 million as shares plummet
Bitcoin miner Terawulf will grow faster than expected into early 2023 despite industry woes as it bumped its hashrate guidance for the first quarter of next year up 16%. Shares tumbled more than 30%. ...
Lululemon posts weak guidance despite ‘biggest day ever’ on Black Friday
Lululemon ($LULU) saw its best Black Friday ever, but that wasn’t good enough to match Wall Street’s hopes for the holiday season during the company’s latest financial release on Thursday. The company...
US SEC Issues Crypto Disclosure Guidance for Public Companies
The U.S. Securities and Exchange Commission (SEC) is encouraging public businesses to issue new disclosure standards after the fall of FTX. The regulator released a note on Thursday, stating, “The Div...
A good buy after guidance boost
Balfour Beatty (LON: BBY) stock price cruised close to its highest level in more than a decade after the firm published a positive guidance. It rose to a high of 341p, which was about 65% above the lo...
SentinelOne Stock Reports Narrower-Than-Expected Loss, Guidance Meets Views
SentinelOne (S) reported a smaller-than-expected loss for the October quarter while revenue edged by Wall Street targets. The cybersecurity firm’s revenue outlook met expectations and SentinelOn...
VF Corp. lowers full-year guidance, announces CEO is retiring
Igor Goloniov | Sopa Images | Getty Images VF Corporation, owner of The North Face and Timberland, on Monday lowered its revenue and earnings expectations for the second half of its fiscal year and sa...