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...
Tag: misses
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...
Götze And Moukoko Included, Hummels Misses Out
Mario Götze has been called up by Germany head coach Hansi Flick for the 2022 World Cup in Qatar … [+] (Photo by Shaun Botterill – FIFA/FIFA via Getty Images) FIFA via Getty Images German ...
Stronghold Digital Mining misses analyst estimates with $49.6 million Q3 loss
Stronghold Digital Mining reported a net loss of $49.6 million in the third quarter, which badly missed analyst estimates. The results, its first since announcing a series of debt restructuring...
Bitcoin Miner Marathon Digital Misses Q3 Revenue Estimates, Lowers Hashrate Outlook for 2022
The first risk, said Jefferies, is Marathon’s expectation of 3.2 EH/s to be plugged into a Compute North facility in Texas. In addition to regulatory delays, there’s the issue of Compute N...
Lucid Falls After Maker of Luxury EVs Misses Profit Estimates
(Bloomberg) — Lucid Group Inc. shares fell in late trading after third-quarter sales and earnings trailed estimates and reservations declined for the company’s luxury electric vehicles. Most Rea...
Lyft stock drops after earnings show key misses
Lyft (LYFT) reported disappointing third-quarter earnings results on Monday after the closing bell, with both earnings and revenue missing analyst estimates. The ride-sharing company also reported 20....
Cronos Group stock drops as revenue misses analyst estimate
Cronos Group Inc. CRON, -8.12% CRON, -9.16% shares dropped 3.6% in premarket trades on Monday after the Canadian cannabis company’s third-quarter revenue fell short of analyst estimates. Cronos ...
Alameda CEO Caroline Ellison says leaked balance sheet misses full story
Alameda Research CEO Caroline Ellison said Sunday that leaked information about the firm’s balance sheet only tells part of the story. On Nov. 2, CoinDesk reported that a leaked balance sh...
AMD Misses Expectations in Fiscal Q3 2022 Earnings Report
For the coming quarter, AMD is looking forward to approximately $5.5 billion in revenue. After a surge in computer sales last year, semiconductor company Advanced Micro Devices or AMD (NASDAQ: AMD) h...
AMD Stock: Chipmaker Misses Q3 Views, Guides Lower
Advanced Micro Devices (AMD) late Tuesday missed Wall Street’s lowered expectations for the third quarter and disappointed with its sales guidance. Still, AMD stock rose in extended trading as i...
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...
Google misses on expectations as YouTube ad revenue comes up short
Google parent Alphabet (GOOG, GOOGL) reported its third-quarter earnings on Tuesday, falling short of analysts’ expectations on the top and bottom line, as YouTube advertising revenue came up $4...
FTSE 100 price forecast after October Flash Manufacturing PMI misses expectations
The United Kingdom has been at the forefront of financial news lately. Political instability created wild fluctuations in the currency and bond markets, making it difficult for investors to foresee th...
“Tesla Could Be Worth More Than Apple And Saudi Aramco Combined” As Q3 Revenue Target Misses
Key Takeaways Tesla missed their Q3 revenue target, bringing in $21.45 billion against the expected $22 billion. This was mainly as a result of logistical challenges which saw 343,830 vehicles deliver...
Generac stock tumbles toward 2-year low after big profit and sales misses, lowered outlook
Shares of Generac Holdings Inc. GNRC, -24.32% sank 10.7% toward a more than two-year low in premarket trading Wednesday, after the maker of home and industrial power systems reported third-quarter pro...
Silvergate’s Q3 Net Income and Revenue Misses Estimates, Stock Tanks
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Bitcoin Lightning Network Misses Block After Enormous Multi-Sig Transaction
Lightning Network‘s experimental nature, a layer-2 network built on top of Bitcoin that allows for faster, low-fee transactions, is one of the reasons developers have warned users not to risk la...
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 ...
California Misses The Target On Commercial Property
California’s efforts to use commercial property for housing doesn’t hit the target. getty I won’t ever claim to be an expert in real estate; such a designation requires years of experience...
Stocks bounce, dollar tanks as ISM Manufacturing misses expectations
The new trading week and month started with a risk-on tone, as stocks bounced from their lows. The reason? Worse-than-expected US economic data. As ironic as it may sound, poor economic data is bullis...
XRP Lawyer Outlines What SEC Misses In Summary Judgment
The legal battle between the US Securities and Exchange Commission (SEC) and Ripple XRP is getting tougher. The watchdog has been hunting crypto assets and firms tagged to deal with unregistered secur...
Billionaire Gemini Founder Cameron Winklevoss Says White House Crypto Report Misses The Mark – Here’s Why
The founder of one of the biggest crypto exchanges in the world is commenting on the recent White House crypto report. In a seven-part thread, Gemini founder Cameron Winklevoss tells his 706,000 Twitt...
Governor Newsom’s Water Plan Represents Progress, But Misses The Power Of Markets
California Governor Gavin Newsom speaks after a tour of a water recycling demonstration facility in … [+] May. (Photo by Hans Gutknecht/MediaNews Group/Los Angeles Daily News via Getty Images) M...
The Argument Over Whether Tesla FSD Will Run Over A Child Or Dummy Child Misses The Point
Clip from Dawn Project video showing Tesla striking a dummy in the shape of a child. Dawn Project A recent video from TeslaTSLA -critic Dan O’Dowd of the “Dawn Project” shows a test track with a road ...
AFRM Stock Collapses On Wide Misses And As One Key 2023 Metric Lags
Affirm Holdings (AFRM) reported a wider-than-expected loss for its June quarter late Thursday and issued a partially disappointing fiscal 2023 outlook, leading AFRM stock to collapse. X The Street was...
Salesforce Falls as Revenue Forecast Misses Analysts’ Estimates
(Bloomberg) — Salesforce Inc. gave a forecast for quarterly revenue that fell short of analysts’ estimates, suggesting that a choppy economy may be causing some customers to slow spending on bus...
Nvidia earnings fall short, Q3 forecast misses by $1 billion
Nvidia (NVDA) announced its fiscal Q2 earnings after the bell on Wednesday, missing on earnings per share and falling short on Q3 forecasts amid a slowdown in PC and gaming sales following the explosi...