(Bloomberg) — Coupang Inc., the South Korean e-commerce giant backed by SoftBank Group Corp., reported lower sales than analysts estimated, marring another profitable quarter for the company. Mo...
Tag: Profit
Tycoon Tony Fernandes’ Capital A Posts First Quarterly Profit Since The Pandemic Amid Travel Rebound
Capital A CEO Tony Fernandes Courtesy of AirAsia Capital A—controlled by Malaysian tycoons Tony Fernandes and Kamarudin Meranun—reported its first quarterly profit since the pandemic grounded most of ...
Student Debt Snafu Shows The Danger Of Blending Public Good And Profit
LOS ANGELES, CA – APRIL 23: A student walks near Royce Hall on the campus of UCLA on April 23, 2012 … [+] in Los Angeles, California. According to reports, half of recent college graduates...
Block’s Q4 Cash App bitcoin profit drops 25%
Block reported its fourth-quarter bitcoin gross profit from its Cash App dropped by one-quarter to $35 million. The total sale amount of bitcoin sold to customers, recognized as bitcoin revenue, was $...
Billionaire Kwek Leng Beng’s CDL Posts Record Profit On Hotel Rebound, Robust Home Sales
Kwek Leng Beng, chairman of City Developments Ltd., speaks during a news conference in Singapore, on … [+] August 11, 2017. Nicky Loh/Bloomberg City Developments Ltd. (CDL)—controlled by billion...
Maximum Profit for Dogetti – The Cryptonomist
‘Altcoins mint money’ is a common phrase that is thrown around in the world of crypto. Although a handful of top altcoins did precisely that for its initial investors, it is, however, critical to unde...
Gaming revenue expected to plummet as data center profit rises
Graphics card giant Nvidia (NVDA) will report its Q4 earnings after the bell on Wednesday, as the chip maker continues to contend with a slowdown in the gaming market following the explosive growth th...
Auto giant Stellantis posts record annual profit, announces buyback
An engine undergoes assembly at the Stellantis Dundee Engine Complex on August 18, 2022 in Dundee, Michigan. Bill Pugliano | Getty Images Carmaker Stellantis on Wednesday announced record full-year re...
Bitcoin sees longest streak of profit taking from investors since November 2021 bull run
Definition Net Realized Profit/Loss is the net profit or loss of all moved coins and is defined by the difference of Realized Profit – Realized Loss. Quick Take Net realized profit/ loss indicat...
HSBC profit more than doubled, boosted by higher interest rates
HSBC Holdings PLC’ fourth-quarter net profit more than doubled compared with the same period a year earlier, as higher interest rates boosted its top-line growth while better cost efficiency further s...
Short-Term Bitcoin Buyers are Now Back in Profit
On-chain metrics and activity for the Bitcoin network are pulling out of bear market conditions. However, the positive sentiment comes at a time when U.S. regulators are cracking down on the crypto in...
Mercedes reports profit boost, warns of ‘exceptional degree of uncertainty’ in 2023
Mercedes-Benz Group (MGB.DE) on Friday reported profits and revenue that grew by 28% and 12%, respectively, in 2022, but warned economic concerns could weigh on this year’s results. The German a...
Bitcoin’s UTXO hit 82% in profit- What does it mean for your portfolio?
Bitcoin’s UTXO hit 82% in profit, on-chain data disclosed. The BTC premium was in high demand as derivatives market interest increased. Over 80% of the Bitcoin [BTC] Unspent Transaction Output [UTXO] ...
Twilio Soars By Most in Nearly Three Years on Profit Outlook
(Bloomberg) — Twilio Inc. jumped by the most in almost three years after projecting a profit this quarter and setting the stage for $1 billion worth of stock buybacks. Most Read from Bloomberg E...
GMX Price Rally Unstoppable With All Addresses Now In Profit – Is It Too Late To Buy GMX?
Join Our Telegram channel to stay up to date on breaking news coverage GMX price has hit a new all-time high of $77.38 after a 10% price change in 24 hours. The decentralized exchange (DEX) native tok...
Boeing Stock Positioned For Profit As Company Announces $34 Billion Air India Deal
Boeing (BA) announced an agreement sell more than 200 aircraft to Air India Tuesday morning. The $34 billion deal is one of the largest in the aircraft maker’s history. Boeing stock, a Dow Jones...
Profit On Weed Makes The Business Legal With a 120% Return
Today, support for marijuana legalization has become mainstream, and the cannabis industry is one of the fastest growing. Some people support the legalization of this business. At the same time, oppon...
Improving Bidding Activity Has Great Lakes Dredge & Dock (GLDD) Poised For Better Profit Performance Ahead
Shares of Great Lakes Dredge & Dock (GLDD) sank more than 20% to start today’s trading session after the company reported much weaker-than-expected 2022 Q4 results this morning. Specifically, cont...
Glencore Pays Out $7.1 Billion as Coal Drives Record Profit
(Bloomberg) — Glencore Plc will return more than $7 billion to shareholders in dividends and buybacks after the commodities giant reported another blockbuster profit driven by its coal and tradi...
S&P 500: 7 Stocks Generate An Astounding 25% Of The S&P 500’s Profit
If you lack just a handful of key stocks, you’re missing out on a sizable chunk of the S&P 500’s profit engine. X Just seven stocks — including Apple (AAPL), Microsoft (MSFT) and surpr...
Palantir Jumps After Projecting First Annual Profit in 2023
(Bloomberg) — Palantir Technologies Inc., the data analysis company co-founded by Peter Thiel, said it was profitable for the first time in the fourth quarter, and expects 2023 to be its first-e...
Palantir stock jumps 20% on first-ever profit: sell into the strength?
Palantir Technologies Inc (NYSE: PLTR) jumped more than 20% in extended hours after turning in its first-ever quarterly profit. Palantir stock up on future outlook Shareholders are happy also because ...
DBS Profit Beats Estimates on Lending, Pays Special Dividend
(Bloomberg) — DBS Group Holdings Ltd.’s fourth-quarter profit topped estimates, helped by lending gains as a strong capital base allowed the bank to deliver a special dividend. Most Read from Bl...
Ancient bitcoin whale sells all his coins, amounting to $10.6m profit
An ancient BTC address of the Satoshi era has returned and sold all his BTC. The whale sold all 514 BTC, which he had held since 2017, amassing a $10.6 million profit. Dormant addresses are resurfacin...
Crypto Profit Reviews Fight Out | Join The Future of Move-to-Earn
Join Our Telegram channel to stay up to date on breaking news coverage Crypto Profit reviewed the brand new initiative that is anticipated to revolutionize the fitness sector Fight Out for his 109,000...
Tether emerges from crypto winter with $700 million Q4 profit
Generally beleaguered throughout 2022, Tether has managed to improve its financial situation drastically and top it all with a $700 million Q4 net profit. Commercial paper backing FUD upon FUD (fear, ...
Tether Reveals Profit Figures for First Time
Alex Dovbnya Tether Holdings, organization behind most prominent stablecoin, reported significant boost to reserve that supports globally traded digital asset USDT Tether Holdings, the company behind ...
Tether eliminates commercial paper from reserves, CTO boasts profit
Tether recently published an independent attestation report put together by accounting giant BDO Italia. The report revealed that the USDT issuer had eliminated its exposure to commercial paper as of ...
Only 13 companies have issued upbeat profit forecasts for Q1, but earnings are due from this pessimism-resistant industry
A tough fourth quarter for corporate earnings is largely in the past, and the first quarter isn’t exactly looking great either, but upcoming results this week from the one industry spared by the pande...