Silvergate Bank, currently involved in a class-action lawsuit regarding its FTX and Alameda Research proceedings, has declared an alarming net loss of $1 billion for common shareholders during the fou...
Tag: Quarter
Goldman Sachs fourth quarter results are coming — what the Street expects
David Solomon, chief executive officer of Goldman Sachs Group Inc., during a Bloomberg Television at the Goldman Sachs Financial Services Conference in New York, US, on Tuesday, Dec. 6, 2022. Michael...
Hedera Hashgraph to wipe testnet environments every quarter
Hedera Hashgraph, a smart contracting for developing and deploying scalable dApps, is announcing changes on its testnet environments. Quarterly resets Per a tweet on Jan.13, hedera said that every qua...
Is XRP an investor favorite this financial quarter? These updates state that…
Coinshares report showed that investors were accumulating XRP as they dumped BTC and ETH Despite the increased accumulation, holders of XRP were still holding at a loss A recent Coinshares report show...
Last Quarter Of 2022 Records Lowest Investments In Crypto Startups: Report
According to data from a research firm, PitchBook, venture capital investments in crypto startups fell to their lowest since 2020. The collapse of FTX has certainly made private investors think about ...
7 whopping stats from Bed Bath & Beyond’s brutal holiday quarter
Bed Bath & Beyond continues to struggle mightily. The near-dead home goods retailer released its long-awaited holiday quarter results on Tuesday morning, and the picture is not pretty. Here are se...
Macy’s lowers its revenue guidance for the holiday quarter
Macy’s Inc (NYSE: M) tumbled in extended hours on Friday after the retailer warned of a potential softness in its current quarter results. Macy’s hints at consumer weakness The department store chain ...
Shell warns of a $2.0 billion tax hit in the current quarter
Shell plc (LON: SHEL) is in focus on Friday after it said the new levies in European Union and the United Kingdom could result in a $2.0 billion tax hit in its fourth quarter. Shell to report Q4 resul...
Wooing Midlifers Back To Work? Time To Adapt To The 3rd Quarter
How Much Do You Want Me? getty Companies are scrambling to hire, older workers continue to retire. In the US, Fed Chairman Jerome Powell laments the 3.5 million people missing from the workforce compa...
Sharp Rise In Kids Accidentally Eating Edibles Amid Legalization—Including Nearly A Quarter Hospitalized For Cannabis Poisoning
Topline The number of young children unwittingly eating cannabis edibles jumped 14-fold in five years, according to a new study published Tuesday in the journal Pediatrics, a growing concern as more s...
Bitcoin Set For Another 30% In the First Quarter of 2023
The world’s largest cryptocurrency Bitcoin (BTC) has remained steady for a while at around $16,700 levels and has been trading in a very tight range of the support of $16,600 and a strong resistance o...
Tesla Delivers Record 405,278 Cars in Quarter But Misses Target
(Bloomberg) — Tesla Inc. delivered fewer vehicles than analysts expected last quarter, missing estimates despite taking the unusual step of offering hefty incentives in its two biggest markets. ...
Tesla Posts Record EV Deliveries In Fourth Quarter – But Misses Expectations
Tesla CEO Elon Musk visiting the company’s Giga Berlin plant in Gruenheide, Germany. AFP via Getty Images Tesla, the world’s leading maker of electric vehicles, reported a record volume of deliv...
Bitcoin ATM surge by 28% in Canada: 100 ATMs installed every quarter.
Canada has 2,580 BTC ATMs. Second largest in the world. First Crypto ATM was installed at Waves Cafe in Vancouver on October 9, 2013. Items purchased with BTC recorded a massive high. Nine years after...
How a Santa Claus rally, or lack thereof, sets the stage for the stock market in first quarter
It’s the time of the year when the traditional seasonal lift for U.S. stocks known as the “Santa Claus rally” usually takes place. But unlike past holiday seasons, this one may get bogged down by the ...
Mining Industry Boosts Third Quarter Economic Growth In Several States
Two workers with helmet and protective suit using drill-machines in an underground enviroment getty Many economists are predicting a recession in 2023 due to the Fed’s rate hikes to slow inflation, le...
Nike shares rise after robust quarter results but will the stock break this key level?
Nike Inc. stock (NYSE:NKE) rose more than 12% on Wednesday as second-quarter results topped estimates. The EPS in the quarter report came at $0.85, exceeding estimates of $0.65. The revenue was $13.3 ...
BlackBerry’s third quarter tops Wall Street’s earnings expectations
Cybersecurity and Internet-of-Things company BlackBerry Ltd. late Tuesday reported quarterly results that topped Wall Street expectations, although shares did little in after-hours trading. BlackBerry...
Here’s how Adobe did in its fourth financial quarter
Adobe Inc (NASDAQ: ADBE) is trading 6.0% up in extended hours after the cloud company reported strong results for its fiscal fourth quarter. Adobe stock up on encouraging guidance Investors are also c...
Record quarter as revenue climbs
Will Marshall, Co-Founder & CEO of Planet Inc., celebrates his company’s listing on the floor of the New York Stock Exchange (NYSE) in New York City, December 8, 2021. Brendan McDermid | Reute...
Costco Reports Their First Quarter 2023
West Palm Beach, Florida, USA – February 14, 2011: A Costco Wholesale Building in West Palm Beach, … [+] Florida. Costco is a combined department store and supermarket that sells in bulk a...
Costco reports mixed quarter, but positive catalysts on the horizon
Costco Wholesale (COST) reported mixed fiscal first-quarter results after the closing bell Thursday, amid weaker consumer demand. But the Club continues to see the fundamentals of the business as soli...
Academy Sports + Outdoors Reports Third Quarter 2022 Results
Conroe Texas store Photo Courtesy company Courtesy Academy Sports There was a real air of confidence as management of Academy Sports + Outdoors spoke about the future of the company. Management had ju...
J. Jill Reports Third Quarter 2022 Results
(Photo by Arun Nevader/WireImage) WireImage J. Jill reported better than expected 3rd quarter 2022 results. Company dropped only one percent to $150,2 million. Comparable store sales dropped 1.2% sinc...
Russia Miners Buy More BTC Mining Rigs in Quarter 4, Report
Bitcoin and the entire crypto market bleed due to many challenges that have befallen the industry. From the Terra crash and continuous interest rate hikes to FTX implosion, the market hasn’t enjoyed a...
Are BTC miners done with the worst for this financial quarter? This data suggests…
Miners continued to sell their BTC as they got rid of 10,000 BTC this week Huge capitulation could be in sight due to the indications revealed by the Bitcoin hash ribbon Bitcoin [BTC] miners continue...
Taiwan Economy Grew 4% In Quarter Marked By Heightened Military Tension With Mainland China
An Albatross unmanned aerial vehicle ready to take off during live-fire drills at Hengchun Airport … [+] in Taiwan amid heightened military tension with Beijing in August. Photographer: I-Hwa Ch...
POSaBIT Reports Third Quarter 2022 Financial Results
Revenue of $10.3 Million; Up 62% Year-over-Year and 26% Sequentially Raises 2022 Gross Profit Guidance to $10.0 – $10.5 million Reiterates 2022 Revenue Guidance of $37.0 – $40.0 million Reiterates 202...
Over a Quarter Australians Holds Crypto Assets; Says Survey
The majority of crypto holders in Australia are aged 25-44. The graph of crypto ownership in Australia is down as of 2021. Bitcoin is one of the largest cryptocurrencies with the largest market capita...
Cathedra Bitcoin Announces Third Quarter 2022 Financial Results
TORONTO–(BUSINESS WIRE)–$CBIT #Bitcoin–(Block Height: 765,082) – Cathedra Bitcoin Inc. (TSX-V: CBIT; OTCQX: CBTTF) (“Cathedra” or the “Company”), announces the results of its operations for the third ...