While most of the cryptocurrency market participants continue to struggle with bearish days, holders of its second-largest asset by market capitalization – Ethereum (ETH) – are also facing record lows...
Tag: Loss
Almost 47% of Bitcoin’s Supply at a Loss as BTC Price Crashed Below $30K
Bitcoin’s price crashed below $30K yesterday (on Binance) for the first time since July 2021. It reached a low of $29,730. Data from the popular analytics resource, CryptoQuant reveals that 46.8% of B...
Plug Power posts wider loss, lower sales in Q1, pinning it on rising nat gas prices
Plug Power Inc. PLUG, -14.32% stock fell more than 6% in the extended session Monday after the hydrogen fuel-cell company reported a wider-than-expected quarterly loss and revenue was below expectatio...
Galaxy Digital reports $112M Q1 loss, citing crypto price volatility
Cryptocurrency investment manager Galaxy Digital Holdings reported a sharp loss in the first quarter due to unrealized losses in its digital asset portfolio, underscoring heightened volatility in the ...
Party City stock falls 51% after wider-than-expected loss and sales miss
Party City Holdco Inc. PRTY, -61.41% shares plunged 51.6% in early Monday trading after it reported a wider-than-expected first-quarter loss and a sales miss. Shares were down double digits during pre...
Wallets Holding At Least 0.1 Bitcoin Reaches New Highs, But More Than 50% BTC Addresses In Loss
– Advertisement – Wallets Holding At Least 0.1 Bitcoin Reaches New Highs, But More Than 50% BTC Addresses In Loss for the first time Since 2020. Less than 50% of BTC holders are profitin...
Lordstown Motors RIDE Q1 2022 earnings loss Foxconn
The Lordstown Motors Corp. Endurance electric pickup truck sits on stage during an unveiling event in Lordstown, Ohio, U.S., on Thursday, June 25, 2020. Matthew Hatcher | Bloomberg | Getty Images Stru...
Galaxy Digital Sees $111.7m Net Loss as Digital Asset Price Falls during Q1
Galaxy Digital Holdings Ltd, a US diversified financial services and investment management company, recorded a $111.7 million net comprehensive loss during the first quarter of 2022 that ended March 3...
Bitcoin Addresses at a Loss Hit a 2-Year High as Extreme Fear Engulfs the Market
The bearish momentum witnessed in the Bitcoin (BTC) market has made addresses at a loss to climb to a two-year high. Crypto insight provider Glassnode stated: “Number of Bitcoin addresses in Los...
Solana sees biggest daily loss among top 10, but here is a reason for hope
The latest fashion trend in crypto is in and that’s why you’re seeing red stripes everywhere – vertical, not horizontal, mind you. As Bitcoin plunged by 8.43% in a day to reach its press time price of...
Under Armour stock dips after the company posted an unexpected loss
Under Armour stock has fallen by −1.29 (8.28%) today after the company reported an unexpected loss and sales below Wall Street estimates. This comes as the Under Armour company grapples with glo...
U.S. Shale’s Cash Bonanza Will Wipe Out $300 Billion Loss
(Bloomberg) — It may have taken an investor rebellion, a pandemic and a war in Europe, but U.S. shale oil and gas producers are now on the cusp of making back their losses from the last decade. ...
Marathon reports net loss of $13 million
However, it also reported a boost in bitcoin production for Q1 2022 Marathon’s stock closed Wednesday’s trading session at $17.76 Bitcoin mining company produced 1,259 bitcoins in Q1 As in...
Uber Reports High Q1 2022 Revenue Growth but Came Down with Loss
Uber recorded as much as a $5.9 billion equity loss that can be attributed to its equity investments. American ride-hailing giant, Uber Technologies Inc (NYSE: UBER) has released its Q1 2022 financial...
MicroStrategy Logged A $170M Impairment Loss From Its Bitcoin Holdings In Q1 2022 ⋆ ZyCrypto
Advertisement     MicroStrategy, the publicly traded company with a 129,218 BTC-strong treasury published its Q1 2022 earnings report on Tuesday. The Bitcoin-hoarding ...
MicroStrategy Is Holding Bitcoin At A $1 Bln Loss, Here’s Why
Software firm MicroStrategy recently reported a net loss for the first quarter of 2022, which appears to be driven largely by its Bitcoin holdings. The firm reported a net loss of $170 million, or $11...
Securities Token Platform INX Digital Ends 2021 with $16.3M Loss
INX Digital Company (NEO: INXD), which is known for operating a securities token platform, published its financials for 2021, reporting an adjusted net loss of $16.3 million. This figure was evaluated...
Was Amazon’s $4B Loss an ‘Own-Goal’?
So far, 2022 has hit Amazon where it hurts — in the wallet. During the first three months of the year, the e-tailer suffered a $3.8 billion net loss, shocking analysts and Wall Street. It was the comp...
Solana [SOL] suffered a loss in volume, should Binance be blamed
Solana, is an emerging Layer 1 blockchain designed to facilitate smart contracts and the creation of new decentralized applications (DApps). When looking at the top 10 ‘fastest developing assets’ by a...
Amazon Stock Erases $210 Billion In One Day After Inflation Triggers Surprise Loss And ‘Ugly’ Selloff
Topline Shares of Amazon collapsed Friday after the e-commerce monolith reported worse-than-expected earnings spurred by high inflation and lingering supply chain constraints, pushing the stock down m...
AMZN Stock Tanks 9%, Amazon Reports $3.8B Loss in Q1 2022, Cloud Business Up by 36.5%
Although Amazon showed a net operating loss during the first quarter, its cloud business showed strong growth providing some cushion to the company’s overall declining revenue. On Thursday, April 28, ...
Amazon Stock Erases $184 Billion In Value After Inflation Triggers Unexpected Loss And ‘Ugly’ Selloff
Topline Shares of Amazon collapsed Friday after the ecommerce monolith reported worse-than-expected earnings spurred by high inflation and lingering supply chain constraints, pushing the stock down mo...
Amazon looks to cut costs after first loss in seven years sends stock careening lower
Amazon.com Inc. reported a loss of nearly $4 billion in the first quarter of 2022 as inflationary pressures added costs, and executives expect to make changes to cut some expenses. Amazon AMZN, +4.65%...
Why Amazon’s Shares Plunged After Revealing Nearly $4 Billion Loss
Amazon shares plunged 10% after the market closed on Thursday after reporting disappointing earnings for the first quarter of 2022. The Seattle-based tech company reported a $3.8 billion net loss in t...
Apple stock swings to a loss after executives warn of billions in added costs
Apple Inc. topped earnings expectations and set a new record for March-quarter revenue to start 2022, but executives expect to see steeper pressure and billions in additional costs from challenges in ...
Amazon Stock Plunges On Surprise Q1 Loss, Weak Near-Term Outlook
Updated at 5:42 pm EST Amazon Inc (AMZN) – Get Amazon.com, Inc. Report posted a surprise first quarter loss Thursday, thanks in part to a $7.6 billion write down on its investment in EV maker R...
Bitcoin Supply In Loss Reaches Highest Value Since COVID Crash
On-chain data shows the amount of Bitcoin supply in loss has now risen to the highest value since the COVID-19 crash. Bitcoin Supply In Loss Now Measures Around 7.6M BTC As pointed out by an analyst i...
This Wall Street legend has lived through every bear market since the 1950s. He says the one coming could hit the S&P 500 with a 30% loss
Bob Farrell, a 90-year-old retiree in Florida, is hardly a household name on Main Street. But on Wall Street, Farrell is an absolute legend. To say that Farrell has seen it all is an understatement. H...