“Competitive risk has intensified in the crypto exchange sector, with the company’s market share decreasing this year,” S&P Global wrote. “We believe that as a result of ma...
Tag: Outlook
Ark Invest Analysts Share Bullish Outlook for Coinbase, Block
Bitcoin’s price could surge between $200,000 and $500,000 if institutions together allocated between 2.5% and 6.5% of their portfolios to BTC, Ark found Block’s Cash App tipped to enjoy long-term grow...
Unity loses less than feared, trims outlook as Applovin makes $20 billion bid for software company
On the same day it received an offer to acquire the company for roughly $20 billion, Unity Software Inc. reported a loss that was less than feared and pulled back on its guidance for the year, and sha...
Nvidia Stock Sinks as Revenue Estimate Misses, Gross Margin Outlook Slashed
Text size Nvidia stock has declined 10% this year, while the Nasdaq Composite has fallen 18%. Justin Sullivan/Getty Images Nvidia shares plunged after the chip manufacturer shared preliminary financia...
U.S.-China Business Outlook: New Paths Forward
China’s BYD, the world’s largest maker of electric vehicles, operates an electric business factory … [+] in California. (Xinhua/Li Ying via Getty Images) Xinhua News Agency via Getty...
Albemarle Earnings Outlook Rockets, But ALB Stock Reverses Lower
Albemarle (ALB) handily beat Q2 earnings estimates after Wednesday’s close, then massively raised its full-year outlook. ALB stock jumped at the open on Thursday, then reversed lower, despite th...
Bitcoin price reaches $23.4K on 4.6% gains amid ‘very mixed’ outlook
Bitcoin (BTC) rebounded overnight into Aug. 5 as a fresh trendline reclaim opened the door to further gains. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Daily BTC price chart sets up “...
Cloudflare stock rallies 25% following earnings beat, raised revenue outlook
Cloudflare Inc. shares surged in the extended session Thursday after the cybersecurity company reported results that topped Wall Street expectations and hiked its revenue outlook for the year. Cloudfl...
Twilio stock declines as weak outlook follows a quarterly beat
Twilio Inc. shares fell in the extended session Thursday after the software company’s outlook came in below Wall Street expectations following a reported beat in the previous quarter. Twilio TWLO, +0....
FTNT Stock Falls On Weaker-Than-Expected Revenue Outlook For Fortinet Stock
Fortinet stock retreated on mixed September quarter guidance, though second-quarter earnings, revenue and billings topped analyst estimates. The size of the Q2 beat for FTNT stock disappointed some in...
Fortinet stock falls following split outlook
Fortinet Inc. FTNT, +4.16% shares fell in the extended session Wednesday after some of the cybersecurity company’s outlook slipped below the Wall Street consensus following a slight beat. Fortin...
Analyst Predicts Pullbacks for Ethereum Classic and One Low-Cap Altcoin, Updates Outlook on Solana and ApeCoin
A closely tracked crypto strategist is predicting dips for two altcoins while updating his forecast for Solana (SOL) and ApeCoin (APE). Pseudonymous crypto analyst Altcoin Sherpa tells his 180,700 Twi...
AMD Gives Gloomy Outlook for Current Quarter despite Transcending Analysts’ Estimates in Q2 2022
All four AMD major segments increased in the last quarter, contributing to the high revenue. Despite surpassing estimates in Q2 2022, semiconductor company Advanced Micro Devices or AMD (NASDAQ: AMD)...
Marriott stock rises after announcing revenue growth and strong travel outlook
Marriott International (NASDAQ: MAR) stock started the day in the green after the company announced it had beat earnings estimates for its second quarter. The hotel operator saw Q2 revenues accelerat...
Oil Plunges as China Slowdown Spurs Concern Over Demand Outlook
(Bloomberg) — Oil slumped as poor manufacturing figures across the globe fueled concerns that a global slowdown may sap demand for crude. Most Read from Bloomberg West Texas Intermediate briefly...
BP share price outlook ahead of Q2 earnings. Is it a buy?
BP (LON: BP) share price has staged a strong recovery in the past few days as investors wait for the company’s financial results. The stock rose to a high of 404.65p, which was about 11% above the low...
Digital Asset Macro Environment | Q2’22 Update
July 29, 2022, 1:06PM EDT • 1 min read Quick Take Update on Q1’22 Digital Asset Macro Environment(1) Analysis and impact of current inflation market Wall Street remains bullish long term on public dig...
Intel Posts Sharp Drop in Sales, Issues Muted Outlook
Updated July 28, 2022 6:36 pm ET Listen to article (2 minutes) Chip maker Intel reported a surprise quarterly loss and cut its full-year outlook, reflecting a slump in personal-computer purchases and ...
Ford Stock Jumps As Auto Giant Affirms Outlook, Hikes Dividend After Q2 Earnings Crush
Ford (F) reaffirmed 2022 outlook and hiked the Ford stock dividend after crushing earnings estimates for the second quarter. Strong demand for traditional combustion and new electric vehicles offset s...
IMF global outlook suggests dark clouds ahead for crypto
Investors are warning of further volatility in the digital asset markets as the International Monetary Fund (IMF) forecasts a slowdown in global economic growth. The IMF’s July update on the World Eco...
Chipotle rises on strong outlook & pricing power despite revenue, same-store sales miss
Chipotle (CMG) reported its fiscal second quarter earnings on Tuesday after market close. The restaurant chain’s same-store sales came in on the lower end of its guidance (and below Wall Street&...
Walmart’s slashed profit outlook sends consumer health warning
Shares of retailers including Macy’s, American Eagle and Amazon fell Tuesday, a day after Walmart slashed its profit forecast and warned that surging prices for food and gas are squeezing consum...
Adidas cuts 2022 outlook on slower China recovery, potential global slowdown
Pedestrians walk by a large Adidas logo inside the German multinational sportswear shop. Miguel Candela | SOPA Images | LightRocket via Getty Images Adidas on Tuesday cut its financial forecast for 20...
IMF Warns Of ‘Gloomy Outlook’ For Global Economy, Slashing Growth Estimates
Topline The International Monetary Fund warned on Tuesday of a slowdown in global economic growth as the world economy continues to take a hit from “increasingly gloomy developments in 2022,” includin...
Fairlead Strategies’ Katie Stockton explains Bitcoin’s short term price outlook
Katie Stockton, the founder and managing partner at Fairlead Strategies, believes the crypto market could see yet more downside volatility, largely in correlation with the broader financial markets am...
Walmart slashes profit outlook – shares plummet almost 10% after-hours
On Monday, July 25, in the extended trading session, shares of Walmart (NYSE: WMT) dropped by 9.86% in after-hours trading, following a guidance cut caused by inventory issues and inflation concerns. ...
Dow Jones Futures Fall As Walmart Dives On Outlook; What To Do Ahead Of Fed Decision| Investor’s Business Daily
Dow Jones futures were squarely lower following Monday’s stock market action. The Federal Reserve’s two-day meeting will kick off Tuesday, followed by an interest-rate policy decision Wedn...
Shell share price outlook: should you buy this dip
Shell (LON: SHELL) share price has dropped sharply in the past few weeks as the price of crude oil and natural gas pulled back. The stock has dropped from the year-to-date high of 2,460p to the curren...
Top Analyst Predicts Bullish Momentum for Crypto Markets, Updates Outlook for Ethereum Going Into September
Widely followed crypto analyst Michaël van de Poppe is predicting rallies to the upside for the crypto markets as he offers a fresh forecast for leading smart contract platform Ethereum (ETH). Van de ...
Roku’s stock plunges 28% on weak outlook, misses at top and bottom lines
Roku Inc.’s stock quickly plunged 28% in extended trading after the company offered paper-thin guidance and reported fiscal second-quarter results Thursday that fell short of Wall Street analysts’ for...