Crypto earnings for Block have skyrocketed as share price jumps 42% It currently trades at around $118 per share before cooling down Earnings for the fourth quarter did not include AfterPay Jack Dor...
Tag: quarterly
Coinbase Releases Quarterly Earnings; Altcoins on Rise?
Coinbase generated $2.5 billion in total revenue during the fourth quarter of last year, up from $585.1 million the year prior, according to its latest earnings report. Trading volumes surged over 67%...
Li Auto Posts Second Straight Quarterly Profit. The Stock Is Rising.
Text size Li Auto ONE Courtesy of Li Auto Chinese electric-vehicle maker Li Auto reported a profitable fourth quarter even as the company ramped up spending on vehicle development. The results looked ...
Coinbase Quarterly Trading Volumes Jump 67% to $547B
U.S. cryptocurrency exchange Coinbase Global Inc said that it saw a surge in quarterly trading volumes with a jump of over 67% to $547 billion in the quarter ended December 31. Coinbase said that quar...
BABA Stock Falls As Quarterly Results Miss
Alibaba (BABA) reported results for its December quarter early Thursday that beat estimates on earnings but showed its slowest revenue growth in eight years. BABA stock fell. X The China e-commerce co...
Alibaba’s Quarterly Profit Is Set to Plummet 60%. Here’s Why.
Text size Alibaba earnings are due Thursday. Qilai Shen/Bloomberg Alibaba ‘s quarterly profit is expected to fall almost 60% year over year when the Chinese tech giant reports earnings on Thursday. In...
NTAP Stock Falls On Quarterly Earnings Report
NetApp (NTAP) reported fiscal January-quarter results late Wednesday that beat analyst estimates but presented an earnings outlook below expectations. NTAP stock fell. X The data storage and networkin...
Rackspace’s Quarterly Results Beat Estimates. The Stock Sinks Anyway.
Text size Rackspace’s network operations center. Courtesy of Rackspace Rackspace Technology stock was falling hard as investors responded to financial forecasts that appeared to have overshadowe...
Teladoc stock drops after another quarterly loss for telemedicine company
Shares of Teladoc Health Inc. TDOC, +0.46% fell more than 6% in the extended session Tuesday after investors looked past a narrower quarterly loss and sales that were above expectations. Teladoc said ...
Krispy Kreme reports first quarterly profit since going public
Krispy Kreme on Tuesday reported its first quarterly profit since going public again but fell short of Wall Street’s expectations for its earnings. Shares of the doughnut company rose nearly 2% ...
SEDG Stock Falls On Quarterly Earnings Miss
SolarEdge Technologies (SEDG) reported fourth-quarter financial results late Tuesday that fell short on earnings but beat on revenue. It’s one of three solar companies that report fourth-quarter...
HIVE’s Quarterly Revenues Increase 397% YoY
HIVE Blockchain Technologies today published its earnings report for the third quarter ended 31 December 2021. In a record report, the company posted revenues of $68.2 million, which is 397% higher co...
Affirm Posts Wider Quarterly Loss Early After Twitter Posting
(Bloomberg) — Affirm Holdings Inc. released fiscal second-quarter earnings ahead of schedule, showing a 77% gain in revenue and a net loss that widened from a year earlier, after an early postin...
BP share price forecast ahead of quarterly earnings
The BP (LON: BP) share price declined on Monday as investors waited for the upcoming quarterly results. The stock declined by 1.70%, becoming the third-worst stock in the FTSE 100 index after Evraz an...
Snap stock soars 42% after smashing quarterly earnings
Snap’s (SNAP) stock opened more than 40% higher on Friday after the parent company of Snapchat reported its first net profit for the quarter. Snap also surpassed analyst estimates on revenue, ea...
Snap Stock Soars On Quarterly Earnings Beat| Investor’s Business Daily
Snap (SNAP)reported fourth-quarter results late Thursday that beat analyst estimates, as did its outlook. Snap stock soared in reaction, after plunging in regular-hours trading.. X The company reporte...
Is Visa a buy after surpassing estimates in quarterly results?
Visa Incorporated (NYSE:V) rose 11.6% on Friday, the largest daily gain since 2020, after posting impressive quarterly results that beat Wall Street estimates. The financial services provider register...
VRTX Stock: Biotech Offers Bullish 2022 View After Quarterly Beat
Vertex Pharmaceuticals (VRTX) issued a bullish 2022 outlook Thursday, leading VRTX stock to approach a 12-month high. X The company expects its cystic fibrosis treatments to generate $8.4 billion to $...
Robinhood quadruples quarterly earnings from crypto trading, fails to meet targets
Robinhood, the stock platform largely credited with bringing trading to everyday users, has reported its fourth quarter earnings. What’s more, there are plenty of intriguing takeaways for crypto trade...
Welups: Identity blockchain platform conducts quarterly ‘Outside The Block’ conference
Welups is a Decentralized Digital Identity Blockchain platform for asset verification and encryption. The most ambitious goal of our project is to introduce blockchain identity globally in all industr...
WDC Stock Plunges On Mixed Quarterly Results
Western Digital (WDC) reported fiscal second-quarter earnings late Thursday that included an outlook well short of estimates and announced a new chief financial officer. WDC stock plunged. X The compa...
Blackstone Profits Nearly Double as Total Assets Set Quarterly Record
Text size Signage outside the Blackstone headquarters in New York. Angus Mordant/Bloomberg Shares of Blackstone rose Thursday after total assets at the world’s biggest alternative asset manager rose t...
LRCX Stock: Lam Research Posts Mixed Quarterly Results
Semiconductor equipment maker Lam Research (LRCX) late Wednesday delivered December-quarter results that edged above expectations for earnings, but the company missed views on sales. It also guided lo...
IBM stock rises as quarterly results exceed estimates
On Monday, International Business Machines Corporation (NYSE:IBM) released fourth-quarter earnings that topped expectations on both the top and bottom lines, marking the company’s first earnings repor...
ISRG Stock: How This Robotic Surgeon Weathered Omicron For A Quarterly Beat
Intuitive Surgical outplayed the omicron variant Thursday, reporting another quarter of procedure growth for its robotic surgery systems. But ISRG stock fell late. X During the fourth quarter, the num...
United Airlines (UAL) reports quarterly results
An aircraft takes off from O’Hare International Airport on January 18, 2022 in Chicago, Illinois. Scott Olson | Getty Images United Airlines said the surge in Covid-19 infections has hurt bookin...
Silvergate Bank's Quarterly Net Income Dips 9% to $21.4M
Crypto-focussed Silvergate Bank’s Q4 net income dipped nearly 9% to $21.4 million from $23.5 million in Q3. The bank’s digital currency customers grew to 1,381 at the end of December from ...
Over 1.6M BNB Removed In Binance’s First Quarterly Auto-Burn
Binance – the world’s largest crypto exchange – recently completed its 18th quarterly burn, marking its first quarterly auto-burn. The burn removed greater dollar-denominated value from the network th...
TSMC Sales Set Sixth Quarterly Record on Elevated Chip Demand
(Bloomberg) — Taiwan Semiconductor Manufacturing Co. reported a sixth straight quarter of record sales, buoyed by unrelenting demand by Apple Inc. and other customers for chips produced by the w...
Grayscale DeFi Fund And Grayscale Digital Large Cap Fund Announce Quarterly Rebalancing Of Funds
AMP – Native Token of Flexa’s payment network – added to Grayscale DeFi Fund New York, Jan. 03, 2022) — Grayscale Investments®, the world’s largest digital currency asset manager, and manager of both ...
Tesla Smashes Quarterly Delivery Record With 308,600 Cars
(Bloomberg) — Tesla Inc. delivered 308,600 vehicles worldwide in the fourth quarter, smashing the previous record for the electric-car maker and setting a capstone on a year in which the company...