RESTON, Va.–(BUSINESS WIRE)–VeriSign, Inc. (NASDAQ: VRSN), a global provider of domain name registry services and internet infrastructure, today reported financial results for the fourth quarter and f...
Tag: Quarter
Wealthy clients pulled more than $100 billion from Credit Suisse in the fourth quarter
Beleaguered Swiss banking giant Credit Suisse on Thursday revealed that wealthy clients pulled 92.7 billion francs ($101 billion) out of the bank in the fourth quarter. Credit Suisse said two-thirds o...
Disney CEO Bob Iger puts turnaround plans in place after a solid quarter
Disney (DIS) reported a stronger-than-expected fiscal 2023 first quarter after the closing bell Wednesday, and Bob Iger struck the right tone on his first conference call since returning as CEO, prior...
Disney stock rises after streaming losses narrow in first quarter
Disney (DIS) reported quarterly results after the bell on Wednesday that showed a beat on both the top and bottom lines as demand for the company’s theme parks soared during the holiday period. ...
Uber Tests 12-Month High After Reporting ‘Strongest Quarter Ever’
Topline Uber smashed expectations in its latest quarterly financials, with CEO Dara Khosrowshahi declaring it the ride-hailing company’s “strongest quarter ever,” as shares speed toward their highest ...
MicroStrategy Reports Record Fourth Quarter Loss – Says No Plan To Stop BTC Trading
Join Our Telegram channel to stay up to date on breaking news coverage MicroStrategy, a business intelligence application provider, is making news after its eighth consecutive quarterly loss in its Bi...
WisdomTree cryptocurrency funds lose value in fourth quarter
As a result of the protracted bear market in Bitcoin (BTC) and other cryptocurrencies, the value of the digital asset assets managed by WisdomTree, a fund management company based in the United States...
Ford’s CEO needs to deliver by next quarter, or we’re moving on
Ford Motor (F) CEO Jim Farley on Friday said the automakers’ messy fourth quarter was a function of its transition to a new business structure that limited production capacity, combined with poo...
WisdomTree reports fourth quarter loss as crypto holdings fall
WisdomTree, the New York-based asset manager that operates blockchain-enabled funds, reported that the value of its cryptocurrency holdings fell to $136 million at the end of the fourth quarter from $...
MicroStrategy sees fourth quarter loss after it writes down value of bitcoin holdings
MicroStrategy, the software firm better known in recent years for its bet on bitcoin, reported a net loss of $249.7 million for the fourth quarter of 2022 compared to a loss of $90 million in the same...
Penn sports betting business posts fourth quarter profit
In this photo illustration, the Penn Entertainment logo is displayed on a smartphone mobile screen. Rafael Henrique | SOPA Images | Lightrocket | Getty Images Penn Entertainment on Thursday became the...
The Fed hiked interest rates by a quarter point today. Here’s what this means for mortgage rates
Rising rates have made it increasingly difficult for Americans to check off major life milestones like purchasing a car, starting a business, and becoming homeowners. While the Fed has begun to implem...
Deutsche Bank smashes profit expectations in fourth quarter as higher interest rates bolster revenue
A statue is pictured next to the logo of Germany’s Deutsche Bank in Frankfurt, Germany, September 30, 2016. Kai Pfaffenbach | Reuter Deutsche Bank on Thursday reported its 10th straight quarter ...
As Fed raises rates by a quarter point, here’s where financial advisers are telling their clients to invest — and store — their money
The Federal Reserve boosted its influential interest rate yet again Wednesday, even as more signs indicate that inflation is cooling. It hiked the benchmark’s key rate by a quarter of a basis point, b...
Fed rate decision February 2023: Quarter point hike
The Federal Reserve on Wednesday raised its benchmark interest rate by a quarter percentage point and gave little indication it is nearing the end of this hiking cycle. Aligning with market expectatio...
MicroStrategy expected to report profit despite down quarter for crypto: Preview
MicroStrategy reports fourth quarter results Thursday with the company expected to turn a profit after several down quarters even as revenue comes in slightly lower than a year earlier. The sof...
Hasbro warns of weak holiday quarter results, cuts jobs
Game maker Hasbro Justin Sullivan | Getty Images Hasbro said Thursday it would eliminate around 1,000 employee positions and warned of weak holiday-quarter results. Shares of the toy maker fell more t...
WisdomTree Announces Say Platform for Fourth Quarter 2022 Earnings is Live
NEW YORK–(BUSINESS WIRE)–WisdomTree, Inc. (NYSE: WT), a global financial innovator, announced today that Say, a stockholder Q&A platform, is live and ready to be used in advance of its upcoming fo...
US economic growth tops estimates, grew by 2.9% during the fourth quarter
The U.S. economy grew by 2.9% during the fourth quarter, narrowly topping estimates of 2.8%. Growth in the final three months of last year was primarily driven by consumer and federal government...
U.S. GDP rose 2.9% in the fourth quarter, more than expected even as recession fears loom
The U.S. economy finished 2022 in solid shape even as questions persist over whether growth will turn negative in the year ahead. Fourth-quarter gross domestic product, the sum of all goods and servic...
What ENJ Holds for the Investors in the Coming Quarter of 2023?
Enjin network presents its holders with new development for Jan. Main focus on NFT and Wallet efficiency. Big bull runs await a strong push up. Enjin network, in the month of Jan, unveiled to its hold...
Danaher stock drop looks like a buy opportunity after a solid quarter
Life sciences and medical diagnostics company Danaher (DHR) reported better-than-expected earnings and revenue for the fourth quarter. We view the dip in the stock as unjustified and an opportunity. R...
Block to Announce Fourth Quarter and Full Year 2022 Results
DISTRIBUTED-WORK-MODEL/SAN FRANCISCO–(BUSINESS WIRE)–Block, Inc. (NYSE: SQ) will release financial results for the fourth quarter and full year of 2022 on Thursday, February 23, 2023, after market clo...
Coinbase Announces Date of Fourth Quarter and Full Year 2022 Financial Results
REMOTE FIRST COMPANY/MIAMI–(BUSINESS WIRE)–Coinbase Global, Inc. (the “Company” or “Coinbase”) announced today that it will publish its fourth quarter and full year 2022 shareholder letter, including ...
Bitcoin Price Prediction : Will BTC Price reach $25,000 mark, Before the first quarter of 2023 ends ?
BTC price formed a double bottom pattern and have succeeded to breakout of neckline resistance at $18,385 Bitcoin crypto price had sustained above 50 day EMA but it is struggling to breakout of the 20...
Silvergate reports $1B net loss in the fourth quarter of 2022
Silvergate Bank, which currently faces a class-action lawsuit over its FTX and Alameda Research dealings, has announced a $1 billion net loss attributable to common shareholders in the fourth quarter ...
Goldman Sachs Had a ‘Miserable’ Quarter — But Wider Market Destruction May Be Coming
Goldman Sachs (GS) – Get Free Report reported dismal Q4 2022 earnings Jan. 17. The bank may not have been alone, with fellow investment bank Morgan Stanley (MS) – Get Free Report also po...
Binance Completes its 22nd BNB Burn in the First Quarter of 2023
Binance Chain has burnt around 2.06 Million BNB ($575 Milion). The burn follows the Pioneer Burn, BNB Auto-Burn, and Real-Time-Burn (BEP95) mechanism. Since 2017, Binance has burnt 100 million BNB, or...
Crypto Bank Silvergate Capital Posts Staggering $1,000,000,000 Loss Last Quarter Due to Bear Market
A digital asset-friendly bank known for serving crypto firms is announcing tremendous losses from the last quarter of 2022. Silvergate Capital, which became a publicly traded company in 2019, is known...
‘It’s not an earnings release, it’s a crime scene’: Analysts, and social media, react to Intel’s awful quarter.
“We have written the phrase ‘Worst earnings report in our history of covering this company’ on more than one occasion over the last couple of years. But this time we REALLY mean it…” That was the comm...