After the record-breaking DeFi summer of 2020, the crypto industry has gone parabolic when adopting decentralized technologies. The industry has been racing to reinstate traditional financial services...
Tag: Quarter
Norwegian Cruise Stock: Is It a Buy After ‘Inflection’ Quarter?
Norwegian Cruise Line (NCLH) – Get Norwegian Cruise Line Holdings Ltd. Report stock on Tuesday has been all over the place. For that matter, the stock has been all over the place for several da...
Global blockchain funding hits a record $9 billion growing for the 7th consecutive quarter
Although there has been plenty of bearish sentiment in the cryptocurrency market over the past few months the number of blockchain startups receiving venture capital increased for the seventh consecut...
Quarter Two 2022 Reveals A Strong Year Ahead For Disney
NEW YORK, NY – MAY 14: A logo for The Walt Disney Company is displayed on a trading post during the … [+] opening bell on the floor of the New York Stock Exchange (NYSE), May 14, 2019 in N...
Unity CEO says ‘we expect to be profitable’ in Q4 after rough quarter
Unity Software expects slower growth in the second and fourth quarters while rebuilding its data but expects to be profitable at the end of the year, chief executive John Riccitiello told CNBC’s...
Peloton took $182 million impairment charge last quarter as inventories piled up
A Peloton stationary bike for sale at the company’s showroom in Dedham, Massachusetts, U.S., on Wednesday, Feb. 3, 2021. Adam Glanzman | Bloomberg | Getty Images Peloton‘s goodwill took a ...
Coinbase Misses First Quarter Revenue, $COIN Shares Plummet
Cryptocurrency exchange Coinbase reported a 35% drop in revenue in the first quarter as volatile market conditions and lower crypto asset prices directly impacted its results. Its total revenue in the...
VeChain Foundation Spends Just $4M In Quarter 1 From Its $1.2B Treasury
Supply chain tracing project has a comfortable cushion in its Foundation treasury, but expenses were too low throughout its initial quarter of 2022. Financial report of VeChain for first quarter 2022 ...
Bitcoin Miner CleanSpark Announces Second Quarter 2022 Financial Results, Beating Analyst Expectations
CleanSpark announced financial results for the second quarter of 2022, with total revenue for the quarter quadrupling year-on-year to $33.5 million and adjusted earnings before interest, taxes, deprec...
AMC reports its ‘strongest first quarter’ since start of the pandemic
AMC Entertainment Holdings Inc (NYSE: AMC) narrowed its Q1 loss as revenue surged sharply on a year-over-year basis, the theatre chain reported on Monday. Shares are up 7.0% in after-hours trading. AM...
Realty Income beats earnings and raises dividend for 98th consecutive quarter
Realty Income (NYSE: O) announced its earnings for Q1 on May 4, beating estimates and reaffirming its earnings guidance for 2022. The reaffirmed funds from operations (FFO) were at $3.88-$4.05 versus ...
Cummins announces first quarter financials and doesn’t meet analyst estimates
Cummins (NYSE: CMI) records first quarter EPS of $2.92, which was lower than the $3.56 analyst estimate. Revenue for the first quarter came to around $6.4 billion which was more than the $6.03 billion...
Broadridge Records ‘Strong Quarter’ as Revenue Jumps by 10%
Broadridge Financial Solutions, the US-headquartered fintech company that delivers technology-driven solutions to banks, broker-dealers, asset and wealth managers and public companies, has released it...
Charlie Munger celebrates Robinhood’s ‘unraveling’ after a disastrous quarter, calls the investing platform ‘disgusting’
The Berkshire Hathaway annual shareholder meeting in Omaha usually contains interesting remarks from Warren Buffett and his longtime right-hand man, vice chairman Charlie Munger. The first in-person e...
U.S. Treasury Now Sees $26 Billion Paydown in Debt This Quarter
(Bloomberg) — The U.S. Treasury now anticipates a paydown in government debt this quarter, a turnaround after previously estimating net borrowing during the period, amid a surge in tax revenue. ...
Buffett bought more Apple last quarter and says he would have added more if the stock didn’t rebound
Warren Buffett and Charlie Munger at Berkshire Hathaway shareholder meeting, April 30, 2022. CNBC Warren Buffett bought the dip in his No. 1 stock Apple during the tech giant’s sell-off in the f...
Profit Falls At World’s Largest EV Battery Maker CATL Even As Sales Soar 136% In First Quarter
Solar panels stand in front of Contemporary Amperex Technology’s headquarters building in China in … [+] 2020. Photographer: Qilai Shen/Bloomberg © 2020 Bloomberg Finance LP Rising global ...
Ethereum Network Revenue Surges Year-on-Year but Falls This Quarter
Ethereum network revenue from gas fees plunged 44% in the first quarter of this year compared to Q4 2021, with around $2.1 billion worth of ETH tokens burned. But year-over-year performance told anoth...
China Leads 11% Drop In Global Smartphone Shipments; Lockdowns Cast A Shadow Over 2nd Quarter
Healthy iPhone 13 sales helped Apple increase its overall smartphone deliveries in the first … [+] quarter, Canalys said today. Photographer: SeongJoon Cho/Bloomberg © 2022 Bloomberg Finance LP ...
Apple Q2 earnings preview: ‘I think this will be a very good quarter’
Apple Inc (NASDAQ: AAPL) is scheduled to report its Q2 financial results on Thursday, after the bell. Ahead of earnings, the stock is up 5.0%. Jon Najarian reveals his expectations Peer Microsoft repo...
U.S. Economy Shrank 1.4% 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 Thursday, blaming an unexpected decline in economic activity on t...
Huawei’s first quarter revenue tumbles as smartphone sales plunge
Huawei’s smartphone business has struggled under U.S. sanctions that restrict it from buying chips and other components from key suppliers. Costfoto | Future Publishing | Getty Images BEIJING — ...
As Per A Latest Study Cryptocurrency Hackers To Stole $1.3 Billion In The First Quarter Of 2022
In the previous 11 years, about $12 billion in cryptocurrency has been stolen. Decentralized Finance (DeFi) hacks have become more common, with fake exchanges taking up to 40% of funds. The first reco...
Net Profit for XTB Rises in the First Quarter Of 2022
XTB published its financial performance for the first quarter of 2022, where it revealed a gain of 183.7% in its net profit to touch the mark of PLN 252.6 million. Operating income for the firm also s...
A Quarter of U.S. Crypto Holders Are Women, Growing More ‘Crypto Curious’
Just over a quarter of crypto holders in the United States are women, according to a recent survey from Gemini. But while the survey from the U.S. cryptocurrency exchange detailed that females only ma...
Warner Bros. Discovery Won’t Overspend On Content As Last Discovery Quarter Tops 24M Streaming Subscribers
Warner Bros. Discovery CEO David Zaslav (Photo by Roy Rochlin/Getty Images) Getty Images In its last quarter before merging with WarnerMedia, Discovery Communications streaming services led by Discove...
Survey Reveals Use Of Sustainable Energy In Bitcoin Mining Remained Above 50% For The Fourth Quarter In A Row ⋆ ZyCrypto
Advertisement     The Bitcoin Mining Council (BMC) survey reports that Bitcoin has become significantly more efficient and environmentally friendly. It is the fourth t...
Price hikes lead to a big quarter
The cost of drinking sugary (and non-sugary) products from Coca-Cola (KO) is on a steep rise, helping to pad the beverage giant’s sales and profits. Coca-Cola blew away analyst sales and profit ...
According To The Ombudsman Cryptocurrencies Is Engaged In One Quarter Of All Economic Frauds Throughout France
Marielle Cohen-Branch also cautioned that there is a gap for complaints against unregistered crypto companies. According to a report released Wednesday, crypto investment schemes were engaged in one-q...
American Express Q1 results: Cramer says it was a remarkable quarter
American Express Company (NYSE: AXP) on Friday reported better-than-expected results for its fiscal first quarter. Shares still slid roughly 2.0% this morning. Key takeaways from AMEX Q1 results Net i...