China’s exports surged by 16.9% in May from a year ago, two times faster than analysts expected. Pictured here on June 15, 2022, are workers in Jiangsu province making stuffed toy bears for expo...
Tag: Quarter
Bitcoin’s Energy Consumption Drops By A Quarter Following Crypto Crash
The Bitcoin network’s power consumption has fallen to 11 GW as of yesterday, down 27% from 15 GW in April, according to the Cambridge Bitcoin Electricity Consumption Index (CBECI). The index, wh...
Dell Stock Rising In Wake Of 36% Profit Jump Last Quarter
In a welcome move, Dell Technologies (DELL) saw its Relative Strength Rating rise from 68 to 73 on Tuesday. The computer giant has put up strong numbers recently and big money investors have taken not...
‘Worst quarter ever’ for stocks — 5 things to know in Bitcoin this week
Bitcoin (BTC) starts a new week still battling for $20,000 support as the market takes in a week of severe losses. What felt all but impossible just weeks ago is now a reality as $20,000 — the all-tim...
Wall Street Alarms Bell as 60/40 Set for Worse Quarter Than 2008
(Bloomberg) — Wall Street pros are famously still at loggerheads over the fate of the trillion-dollar 60/40 complex — only this time the balanced investment strategy is posting losses on a...
$9 Billion For Climate Tech Startups, Tesla’s Tough Quarter And Flooding In Yellowstone
This week’s Current Climate, which every Saturday brings you the latest news about the business of sustainability. Sign up to get it in your inbox every week. More than $2.5 billion in the first quart...
Tesla’s Tough Quarter Means Price Hikes, Job Cuts And Stalled Production In China
Tesla Model Y and Model 3 electric vehicles built at the company’s Shanghai plant are loaded up to be shipped to Belgium. Shen Chunchen/VCG via Getty Images Tesla’s Model Y, the electric-car mak...
Looking Glass Labs Announces Third Quarter 2022 Financial Results
Vancouver, British Columbia, 15th June, 2022, Chainwire Cision / – Looking Glass Labs Ltd. (“LGL” or the “Company”) (NEO: NFTX) (FRA: H1N), a leading Web3 platform specializing in non-fungible token (...
With Last Quarter Sales Up 30%, Neiman Marcus Is Prepared For Changing Economic Winds
Neiman Marcus store downtown Dallas Courtesy of Neiman Marcus Group Inflation and rising interest rates have taken a toll on U.S. CEO confidence. In the latest The Conference Board survey, nearly 70% ...
Americans Lost $544 Billion And Racked Up Debt Last Quarter As Stocks Collapsed And Housing Prices Spiked
Topline Dragged down by the stock market’s worst quarter since the Covid-induced recession two years ago, the combined net worth of U.S. households tumbled by $544 billion in the first quarter, ...
Buy/hold Dave & Buster’s as bullish signals emerge after a robust quarter
Dave & Buster’s Entertainment Inc. (NASDAQ:PLAY) gained on Tuesday after its highest ever quarterly revenue. The revenue came at $451.1 million in the first quarter, 24.1% higher than the previous...
Credit Suisse issues profit warning for second quarter
A sign above the entrance to the Credit Suisse Group AG headquarters in Zurich, Switzerland, on Monday, Nov. 1, 2021. Thi My Lien Nguyen | Bloomberg | Getty Images Credit Suisse said on Wednesday that...
Digital Turbine drops by 15% after announcing fourth quarter results
Digital Turbine, Inc. (NASDAQ: APPS) stock drops 15% after it announces its fourth quarter and full-year financial results for 2022. The company acquired ADColony Holdings AS and Fyber N.V on April 20...
Boston Celtics Ride Incredible Fourth Quarter To Victory In Game 1
Boston Celtics guard Jaylen Brown (7) shoots against the Golden State Warriors during the second … [+] half of Game 1 of basketball’s NBA Finals in San Francisco, Thursday, June 2, 2022. (...
Argo Blockchain Plc Expected To Record Sales Of $ 24.66M For The Ongoing Quarter
As per the prediction of research analysts, Argo Block plc is going to declare sales of $ 24.66 million for the ongoing quarter, according to Zacks. Estimates for Argo Blockchain’s earnings are ...
GameStop Reports $76.9M in Proceeds From Sales of Digital Assets in First Quarter
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the futur...
ETH/USD trading pair attracts more traders in the first quarter of 2022: report
The Ether (ETH) to the United States dollar (USD) pair has pulled the biggest number of traders from January to March 2022, according to trading platform Capital.com. In its quarterly report, Capital...
Indonesia’s GoTo Says Losses Tripled In First Quarter After Going Public
Andre Soelistyo, president of Gojek, speaks during the Bloomberg Sooner Than You Think technology … [+] event in Singapore, on September 5, 2019. Paul Miller/Bloomberg GoTo released its much-ant...
Best Buy misses first quarter EPS by $0.06
Best Buy (NYSE: BBY) recorded an EPS of $1.57 in the first quarter of the 2022 financial year, which was 6 cents less than the $1.63 analyst estimate. Total revenue in the first quarter came to about ...
First Quarter Retail Earnings Fail a Predictable “Shock”
First Quarter Retail Earnings Fail a Predictable “Shock” getty Earnings reports from the nation’s largest retailers for the first quarter recently spooked Wall Street into a broad collapse. Executives...
U.S. Economy Shrank 1.5% Last Quarter In Worst Showing Since Covid Recession, New GDP Estimate Shows
Topline The economy last quarter posted its worst annualized showing since the pandemic-induced recession in 2020, the government said in an updated release Thursday, blaming an unexpected decline in ...
Xiaomi Posts 1st Quarter Loss As Covid, Parts Shortage Hurt Smartphone Sales
A shopper walks past a Xiaomi store in Shanghai last year. Retail business this year has been hurt … [+] by Covid lockdowns. Photographer: Qilai Shen/Bloomberg © 2021 Bloomberg Finance LP Xiaomi...
TJX 1st Quarter 2022 Results Beat Expectations
BOSTON, MA – Photo by Scott Eisen/Getty Images for T.J. Maxx) getty TJX Companies TJX reported that pre-tax margins were 7.5%. Domestic comparable store sales were flat in the 1st quarter. Marma...
Argo Blockchain Announces 1st Quarter Financial Results
Argo Blockchain has released its financial report for the first quarter of 2022. It showed total quarterly revenue of $19.52 million, up from $17.84 million in the same period last year, attributed to...
Coinbase ($COIN) Resorts to Slow Hiring After $430M First Quarter Loss
America’s largest crypto exchange Coinbase has disclosed its plans to slow down hiring as the company faces headwinds following its poor earnings in the last quarter. Coinbase Slows Down Hiring Coinb...
Berkshire Hathaway Sold Nearly All Its Verizon Stake in the First Quarter
Text size Warren Buffett’s Berkshire bought stakes in Paramount Global and Market in the first quarter. Paul Morigi/Getty Images for Fortune/Time Inc Berkshire Hathaway bought stakes in Citigrou...
Mike Novogratz’s Galaxy Digital Sees Massive $300,000,000 Loss This Quarter, Hints Zero Exposure to TerraUSD
Crypto asset manager Galaxy Digital has taken a deep hit following the significant downturn in digital asset markets. According to a recent press release, the firm is reporting that is on track to los...
Galaxy Digital suffers a loss of $300 million in this quarter
Galaxy Digital lost money in the first quarter due to falling cryptocurrency prices, which led the company to incur unrealized trading losses. The recent events in the crypto space have led to some se...