Express Edit stores are the future for the retailer. The small-format units post higher sales and … [+] conversions. Courtesy of Express While it was clearly below the company’s expectations, Ex...
Tag: Q2
Bitcoin miner Riot posts $366.3 million net loss in second quarter
Bitcoin miner Riot reported a net loss of $366.3 million in the second quarter, mainly due to a $349.1 goodwill impairment charge and a $99.8 million impairment charge on its bitcoin reserves. The com...
Tesla sold $936 million in bitcoin in the second quarter
Tesla sold $936 million bitcoin in the second quarter of 2022, bringing its current holdings down to $218 million. During a presentation on Wednesday, Tesla CEO Elon Musk said he would be open to incr...
Silvergate Q2’22 Earnings Update
July 20, 2022, 3:35PM EDT • 3 min read Quick Take Market intelligence series includes our latest on Celsius, Voyager and BlockFi Silvergate Capital closed at $79.60 per share, reflecting a +22.4% rall...
Commentary on Robinhood’s Q2’22 Earnings
August 4, 2022, 11:45AM EDT • 6 min read Quick Take Vlad Tenev, Robinhood Co-founder & CEO, affirms no desire to sell the business Announced ~23% headcount reduction amidst declining share price a...