Brody Longo works out on his Peloton exercise bike on April 16, 2021 in Brick, New Jersey. Michael Loccisano | Getty Images Peloton on Thursday reported widening losses and slumping sales for its fisc...
Tag: Losses
Peloton earnings show bigger-than-expected losses, lower Q1 outlook
Peloton Interactive (PTON) reported an operating loss of $1.2 billion in its fiscal fourth quarter as revenue came in below Wall Street expectations. Shares plunged more than 16% in pre-market trading...
SudoRare Rugpull Amounts To $820K In Losses
The NFT exchange SudoRare has scammed its customers out of $820,000 worth of digital assets and gone dark. Another Day, Another DeFi Rug Pull Project rugpulls are a crypto investor’s biggest fear, an...
APE Extends Rally, HNT Recovers Following Recent Losses – Market Updates Bitcoin News
Apecoin rose for a fourth consecutive session on Wednesday, as prices of the token climbed by as much as 5%. Today’s surge sees the token move to its highest level since last Friday. Helium was anothe...
Avalanche, Magniswap, and Cosmos Can Earn You Profits and Minimize Losses from the Crypto Collapse
When a crypto collapse affects the cryptocurrency markets in general, some tokens take severe hits, and others suffer minimal losses. This is often based on the tokenomies and the safeguards underlini...
Solana (SOL) Price Analysis: Risk of More Losses Below $34
Solana price started a fresh decline from the $48 resistance zone against the US Dollar. The price is now trading below $40 and the 55 simple moving average (4-hours). There was a break below a key bu...
Bitcoin Realized Losses Going Down, But Still At Significant Value
Data shows the net amount of losses being realized in the Bitcoin market is going down, but nonetheless remains at a high value. Bitcoin Net Realized Profit/Loss Still Has A Pretty Negative Value As p...
SOL investors can look out for these support levels to avoid losses
Solana’s native cryptocurrency SOL is among the top coins by market cap that has delivered heavy losses this week. The bearish conditions were strong enough to push it out of the same range in which i...
Monero investors, pay attention to this to avoid losses
Monero bulls are now facing strong resistance at the 0.382 Fibonacci level after delivering a riveting performance since mid-June. Its performance in the last seven days underscores a battle for domin...
$1 Billion Losses Put Warren Buffett And Jeff Bezos In Bad Company
Just when you thought $1 billion losses were bygones of Covid-19 lockdown days, they’re back. But most surprisingly, S&P 500 companies mostly owned by Warren Buffett and Jeff Bezos were two ...
Mining Companies Sell off Coins and Gear to Recoup Losses
A series of impairment charges contributed to a $1 billion second quarter loss for the largest publicly-traded Bitcoin mining companies in the United States. In the three months ending June 30, Core S...
Ten Major REITs With Big Year-To-Date Price Losses
These ten major real estate investment trusts (REITs) are in downtrends from their January peak prices to their present, much-lower values. Some of this movement has to do with interest rates, some wi...
Miners Suffer Significant Losses as Bitcoin and Ethereum Prices Trades Sideways at $24K Level
With a minimal change in trading volume over the last day, the price of bitcoin has continued to move sideways this week. After reaching a high of $25k on Sunday, BTCUSD is again trading in the high $...
Philippine Tycoon Dennis Uy’s Firms Roll Over Debts, Tap Funding From Billionaire Enrique Razon As Losses Deepen
Dennis Uy, chairman and president of Phoenix Petroleum Holdings, speaks during a Bloomberg round-table discussion in Manila, the Philippines, on March 5, 2018. Veejay Villafranca/Bloomberg Mobile phon...
This Crypto Sector Made the Biggest Losses In Crypto Thefts So Far in 2022
Cryptocurrency market hacks have been on a rampant rise so far this year in 2022. As per the latest Chainalysis report, the decentralized finance (DeFi) sector has been the biggest victim of hackers. ...
Bitcoin Price Prediction for Today, August 16: BTC Losses at $25,000
Bitcoin Price Prediction – August 16Bitcoin losses at $25,000 against the US Dollars’ worth after a tinier push to the upside as it witnessed a low of $22,771.52 and a high of $25,135.59 in the last s...
3M Faces $100 Billion in Losses From Veterans’ Earplug Suits, Expert Says
(Bloomberg) — 3M Co. faces more than $100 billion in losses and bankruptcy because of lawsuits brought by veterans who blame their hearing problems on faulty earplugs, according to a litigation ...
U.S. Shale Faces More Than $10 Billion In Hedging Losses
U.S. shale oil producers are in line to suffer more than $10 billion in derivative hedging losses this year if oil prices remain around $100 per barrel, Rystad Energy research shows. Many shale operat...
Oil Extends Losses as Traders Weigh China Outlook, Iran Supply
(Bloomberg) — Oil extended losses at the start of the week as traders weighed concerns about Chinese demand and the prospect for more Iranian supply. Most Read from Bloomberg West Texas Intermed...
Parents face 529 plan losses as tuition comes due
It’s that time of year for dorm shopping and packing up the kids to head to college. It also means paying tuition and fees. For parents using 529 plans to pay college tuition this year, some may have ...
Hut 8’s Q2 Losses Skyrocketing to $69M
The Losses Cause by Revaluation of its Digital Assets Canadian bitcoin (BTC) miner Hut 8 (HUT) reported a loss of 88.1 million CAD or 69 million USD during the second quarter, as opposed to a loss of...
Rivian’s Losses Nearly Triple to $1.7 Billion
Rivian Automotive Inc. reported its net loss in the second quarter nearly tripled to $1.7 billion, further pressuring the electric-vehicle startup to conserve cash and move quickly to fill customer or...
Galaxy Digital Records Increased Losses, Senate Passed Inflation Reduction Act, Crypto Market Bullish – crypto.news
Galaxy Digital recently released its quarterly report that indicates the network suffered a $554 million loss in the second quarter. In other news, the US Senate passed the inflation reduction act on ...
Warby Parker (WRBY) reports Q2 2022 losses
A general view of the atmosphere at Warby Parker’s store in The Standard, Hollywood Michael Buckner | Warby Parker | Getty Images Warby Parker on Thursday joined the slew of retailers that have ...
Chainlink: Key info for LINK holders to avoid potential losses
LINK was up almost 60% from its lowest point in July and roughly 27% in the last days on 10 August. However, at the time of writing, it was fast approaching an important resistance level that might di...
Crypto Market Update for August 10th – Bitcoin and Ethereum Prices Hold Support, Coinbase Q2 Earnings Report Reveals $1.1B in Losses
Cryptocurrency markets are showing signs of life this Wednesday as Bitcoin and Ethereum manage to hold support and register single-digit percent gains. Bitcoin is trading at $24.1k, and Ethereum is up...
Coinbase Reports Over $1 Billion in Losses During Q2
In June, Coinbase shared an earnings report that worried investors, citing market conditions as the primary reason behind the drop in figures. At the time, Coinbase representatives assured investors t...
Crypto Rout On Trading Volumes Costs Coinbase $1.1 Billion In Losses
Crypto exchange Coinbase disclosed a $1.1 billion loss on revenue of $803 million in the second quarter, a bigger-than-anticipated loss as investors apprehensive about this year’s volatility in assets...
Bitcoin Price Takes Hit, Why BTC Remains at Risk of More Losses
Bitcoin price started a fresh decline from the $24,250 resistance zone against the US Dollar. BTC declined below $23,000 and remains at a risk of more losses. Bitcoin started a fresh decline below the...
Issue Found And Reverted, CRV Sees 10% Losses
Via their official Twitter handle, the Ethereum-based decentralized finance (DeFi) protocol Curve Finance has confirmed a vulnerability in their nameserver or frontend curve.fi which was successfully ...
WingRiders Losses 59% Of Its Total Value Locked, Plunges Cardano TVL Below $100M
– Advertisement – Popular Cardano-based decentralized exchange WingRiders has lost its position as the most valuable DEX on Cardano. WingRiders slumped from the first position to third ...