The interior of an Under Armour store is seen on November 03, 2021 in Houston, Texas. Brandon Bell | Getty Images Under Armour sees a tough year ahead, roiled by global supply chain challenges and ano...
Tag: Reports
Roman Abramovich Denies Reports He Wants Nearly $2 Billion Chelsea Loan Repaid
Topline Sanctioned Russian billionaire Roman Abramovich on Thursday denied reports he asked for repayment of a nearly $2 billion loan he gave Chelsea FC as part of the sale of the soccer team, and als...
Portillo’s Inc. Reports Continued Growth, Expansion Despite Challenging Inflationary Environment
By Alan Hatfield Portillo’s Inc. (Nasdaq: PTLO) today reported continued growth despite a challenging cost environment for the Chicago-style fast casual chain. First quarter revenue increased by 14.6%...
Marathon reports net loss of $13 million
However, it also reported a boost in bitcoin production for Q1 2022 Marathon’s stock closed Wednesday’s trading session at $17.76 Bitcoin mining company produced 1,259 bitcoins in Q1 As in...
Otherside’s NFT Drop Temporarily Turned Ethereum Into a Deflationary Asset: DappRadar Reports
After becoming the hottest trend in fintech and crypto over the past few months, the NFT space transitioned to a cooldown phase. But this trend appears to be changing as well as the latest edition of ...
Shell reports a sizable hit to Q1 bottom-line due to Russia exit
Shares of Shell plc (LON: SHEL) are up 4.0% on Thursday after the British oil giant cited higher prices and lower expenses as it reported better-than-expected profit for its fiscal first quarter. Shel...
Wayfair (W) reports Q1 2022 losses
Niraj Shah, CEO, Wayfair Ashlee Espinal | CNBC Wayfair shares tumbled more than 20% Thursday morning after the online furniture retailer reported larger-than-expected losses in the first quarter as sh...
Shell Reports Record $9 Billion Quarterly Profit As Oil And Gas Prices Surged
Topline British energy giant Shell reported a record quarterly profit of $9 billion on Thursday, aided by a surge in oil and gas prices that followed Russia’s invasion of Ukraine. Shell reported a net...
CoinShares reports drop in earnings amid crypto market slump
European digital asset manager CoinShares reported declining first-quarter profit as trading revenue sank. Adjusted earnings before interest, taxes, depreciation and amortization (Ebitda) fell to £18....
Uber Reports High Q1 2022 Revenue Growth but Came Down with Loss
Uber recorded as much as a $5.9 billion equity loss that can be attributed to its equity investments. American ride-hailing giant, Uber Technologies Inc (NYSE: UBER) has released its Q1 2022 financial...
Kremlin Calls Reports Of May 9 War Declaration ‘Nonsense’—But The U.S. And U.K. Believe Putin Has Something Up His Sleeve
Topline Russia has no plans to declare war against Ukraine as part of its Victory Day celebration May 9, Kremlin spokesman Dmitry Peskov said Wednesday, but mounting Western intelligence suggests Russ...
Ford reports smaller sales decline in April while chip shortage weighs on supply
Ford F-150 Lightning pickup trucks sit on the production line at the Ford Rouge Electric Vehicle Center on April 26, 2022 in Dearborn, Michigan. Bill Pugliano | Getty Images DETROIT – Ford Motor on We...
Sales Still Looking Robust Despite Reports to the Contrary
The death of non-fungible tokens (NFTs) has been greatly exaggerated if the latest statistics are to be believed. DuneAnalytics’ dashboard points to a robust market. And along with data from CryptoSla...
Tradeweb Reports ADV of $1.09 Trillion in April 2022
Nasdaq-listed international operator of electronic marketplaces for rates, credit, equities, and money markets, Tradeweb Markets today posted its trading volumes for April 2022. The operator witnessed...
MicroStrategy Reports $170M Impairment Charge on Bitcoin Holdings in Q1
Don’t miss CoinDesk’s Consensus 2022, the must-attend crypto & blockchain festival experience of the year in Austin, TX this June 9-12. MicroStrategy (MSTR) took a non-cash digital ass...
AMD reports a ‘pretty good’ Q1: Pro says stock is reasonably valued
Shares of Advanced Micro Devices Inc (NASDAQ: AMD) are up more than 5.0% in extended trading after the semiconductor company reported market-beating results for its fiscal Q1. The company also raised ...
3 Ways to Mitigate Future Network Outages, Solana’s Team Reports
NFT buying frenzy has disrupted not only Ethereum. Solana witnessed the clogging of millions of NFT transactions on its network due to bot activity targeted at such mints. Block production resumed on ...
Ripple Records 8x YoY Growth in ODL Volume per Quarterly Reports
In its recently released Q1, 2022, report, Ripple gives the latest information on quarterly XRP sales and pertinent XRP-related announcements. Ripple stated in the report that its remittance platform,...
Reactions Divided Along Partisan Lines Following Reports That Supreme Court Is Set To Overturn Roe V. Wade
Topline Democratic leaders and pro-abortion rights activists called for legislative action to protect the right to abortion services while Republican leaders and anti-abortion activists cheered after ...
Bitfarms Reports $217 Million Worth of BTC in Holdings with 405 Bitcoin Mined in April
Tomiwabold Olajide Bitfarms stated that it now has 5,646 BTC in custody, as of April 30, 2022 Bitcoin self-mining company Bitfarms recently released its Bitcoin production and mining operations update...
Three Arrows Capital plans to move headquarters to Dubai from Singapore: reports
Singapore-based crypto hedge fund Three Arrows Capital is planning to move its headquarters to Dubai, according to media reports. The move comes as Dubai opens to crypto firms while Singapore has been...
Buffett extols importance of cash over ‘new form of money’: reports
Legendary investor Warren Buffett championed cash over “new forms of money” and said Berkshire Hathaway would “always have a lot of cash on hand,” as CNBC, CNN and others published live updates of him...
Ethereum’s Layer2 developments look strong as per quarterly reports
Ethereum network has a series of developments in the pipeline certain applications and administrations have dramatically increased in the first quarter of 2022 Other blockchains acquired favor among...
What made Crypto brokerage Genesis lead a decline in Q1 as per reports?
Amidst the continuous market slumps, crypto space and related companies are facing tough times and struggling to keep pace Crypto brokerage firm serves primarily Institutional investors; Genesis repor...
AMZN Stock Tanks 9%, Amazon Reports $3.8B Loss in Q1 2022, Cloud Business Up by 36.5%
Although Amazon showed a net operating loss during the first quarter, its cloud business showed strong growth providing some cushion to the company’s overall declining revenue. On Thursday, April 28, ...
Twitter reports increased first-quarter revenue, reveals data error
Twitter reported an increase in first-quarter revenue on Thursday, three days after accepting Elon Musk’s bid to take the company private. The US social media company made what could be its last publi...
MOEX Reports 15.1% Surge in Fee and Commission Income for Q1 2022
Moscow Exchange (MOEX) today released its results for the first quarter of 2022. Amid strong trading volumes during the first two months of 2022, MOEX saw a jump of over 15% in Fee and Commission (F&a...
U.S. Reports First Human Case Of Contagious Bird Flu In Colorado
Topline A man in Colorado has tested positive for an H5 bird flu virus, state officials and the Centers for Disease Control and Prevention said on Thursday, marking the first recorded human infection ...
Stock futures sink as Amazon, Apple shares decline after quarterly reports
U.S. stock futures opened sharply lower Thursday evening to give back gains after a regular-session rally, with a fresh set of mixed quarterly results from some major technology companies weighing on ...
QCOM Stock Up 6%, Qualcomm Reports 41% Revenue Jump in Q2 2022
Qualcomm reported a healthy set of numbers for the quarter ending March with its smartphones chip sales growing 56% year-over-year. On Wednesday, April 27, chipmaking giant Qualcomm Inc (NASDAQ: QCOM)...