Cloudflare Inc. shares fell in the extended session Thursday even after the cybersecurity company’s results and forecast topped the Wall Street consensus. Cloudflare NET, +0.86% shares dropped as much...
Tag: Net
MicroStrategy Disclosed Narrowed Net loss of $27.1 Million
In the Q3 earnings report of MicroStrategy, a narrowed net loss of $27.1 Million for the quarter has been noted. Instead of poor market conditions, the firm continued its growth in the Bitcoin portfol...
BP Sees Quarterly Profits Q3 2022, Records Tenth Successive Quarter of Lower Net Debt
BP was able to exceed analysts’ expectations in its Q3 2022 profits due to high commodity prices. British multinational oil and gas company BP p.l.c. (NYSE: BP) has announced an $8.2 billion profit in...
Mattress Mack World Series bets could net him $75 million
Mattress Mack is at it again. Jim McIngvale, the Texas furniture salesman who famously hedges sports bets with furniture promotions, said he has placed a total of $10 million of bets on his beloved Ho...
Andy Warhol ‘Car Crash’ Painting Returns To Auction After 35 Years—And Could Net $80 Million
Topline A rare silkscreen painting by Andy Warhol from one of his most pivotal series is expected to sell for more than $80 million when it goes to auction next month for the first time in 35 years, a...
Twitter Reacts to Mark Zuckerberg’s $100 Billion Net Worth Loss
Online advertising sluggishness, competition from TikTok, and increasing skepticism about the Metaverse led to a disappointing third-quarter earnings report Oct. 26 for Meta (META) . Shares closed Oct...
Volatile net trade propels US Q3 Real GDP to 2.6%; Recession threat looms large
In its advance GDP estimate released earlier today, the US Bureau of Economic Analysis announced that the real GDP for Q3 grew at 2.6% adjusted for inflation, on an annualized basis. This was a dramat...
Nokia posts forecast-beating net profit
Nokia Corp. on Thursday posted a forecast-beating third-quarter net profit as demand for mobile networks and network infrastructure remained strong and supply-chain constraints eased. Nokia NOK, -1.94...
Netflix Q3 Adds 2.4 Million Subscribers, Beats Forecasts, Net Profits
(Image courtesy of NETFLIX) After half a year in misery that forced dramatic changes across the company and the entire streaming industry, Netflix bounced back in its third quarter earnings in a big w...
Healthcare Stocks Rise In Hong Kong And China; BYD Forecasts +300% Net Profit Increase
China Last Night KraneShares Key News Asian equity markets finished higher overnight as China closed mixed, which followed a strong rally in US stocks yesterday. President Xi’s Sunday speech emphasize...
Silvergate’s Q3 Net Income and Revenue Misses Estimates, Stock Tanks
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Bank of America beats earnings target as net interest income and revenue rise
Bank of America Corp. BAC, +0.03% shares rose 2.4% in premarket trades Monday after the megabank topped earnings and revenue estimates. The bank said its third-quarter net income fell to $6.58 billion...
First Republic shares fall on net interest income miss; US Bancorp gains
First Republic Bank FRC, -16.13% stock fell 10% Friday in the weakest share price reaction among four regional banks that reported earnings. While First Republic’s third-quarter earnings of $2.2...
The most sought after NFT projects on the net
The surge in the success of NFTs has been known for several years now, so much so that some of the world’s most prominent personalities, companies and entities have been involved. Some of them for a ...
Gold-backed ETFs see net outflows for 17 straight weeks
Despite a challenging macroeconomic outlook, gold refuses to become the safe-heaven asset that it was in previous market downturns. The strength of the US dollar had a lot to do with gold trading belo...
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 ...
Bitcoin creator Satoshi Nakamoto’s Net Worth
Bitcoin creator Satoshi Nakamoto's Net Worth How many bitcoins Satoshi Nakamoto holds?October 6, 2022Bitcoin creator Satoshi Nakamoto currently owns over 1 million bitcoins.Cryptocurrency researc...
Here’s Kim Kardashian’s Net Worth After Her Whopping Rs.1.26 Million Fine to SEC
Kim Kardashian, a reality TV star and businesswoman, reportedly agreed to pay the Securities and Exchange Commission $1.26 million as part of a settlement after the public figure was charged with endo...
Net Bitcoin ATMs growth drops globally for the first time ever
The domino effect of a prolonged bear market seeped into the Bitcoin (BTC) ATM ecosystem as September 2022 recorded negative growth in global net installations for the first time in history — primaril...
It’s Time to Buy Tech Again. Here Are 20 Stocks to Start With.
One cruel truth the stock market confirmed this past week is that trying to pick the bottom for technology stocks is a fool’s errand. The Nasdaq Composite’s terrible September—it was down 10.5% on the...
Post-Merge Effect: Ethereum’s Extreme Reduction in The Net Inflation
The industry experts said Ether’s extreme reduction in the net inflation rate is associated with the elimination of mining rewards and the “burning” of transaction fees. Ethereum Post-Merge Update The...
Mark Zuckerberg’s net worth has plunged by more than $70B this year — the most among the 500 richest people. Here are 3 big reasons it could sink even more
Mark Zuckerberg’s net worth has plunged by more than $70B this year — the most among the 500 richest people. Here are 3 big reasons it could sink even more The world’s richest people have lost a...
This Silicon Valley Tycoon Has Lost Half His Net Worth This Year
Silicon Valley founders and CEOs have had a rough year so far, losing billions of dollars in net worth. Technology company billionaires make up 6 of the top 10 biggest losers so far this year, with lo...
Half of Bitcoin Is Held at a Net Unrealized Profit
At the 6M and 1Y view, the Bitcoin price chart blares “crypto winter.” Last November, it commanded $68K. Since mid-June this year, however, it’s rangebound around the $20K level. But today, just over ...
VCs who cast a wider net have double backed to CA, says this ex-Sequoia Capital partner
Investor Chris Olsen knows the West Coast VC scene. He spent six years with Sequoia Capital in California before co-founding Drive Capital in Columbus, Ohio, in 2013 based on the theory that the ̶...