Meta posted its financial results for Q4 2021, and the data shows that its metaverse division Reality Labs racked up $10 billion in losses in 2021. The company is still strongly focused on the metaver...
Tag: Reports
Spectrum Markets Reports 93% Rise in 2021 Turnover
Spectrum Markets published its yearly financials and trading metrics for 2021 on Thursday, reporting a significant increase across all key parameters. The trading venue ended the year with a total tur...
MicroStrategy reports a $146.6M impairment on Bitcoin holdings in Q4 2021
MicroStrategy, a business analytics firm that has invested heavily in Bitcoin, has released its financial results for Q4 2021. The company reported a net loss of $146.6 million from impairment charges...
Dynatrace Reports Strong Earnings. Why the Stock Is Falling Sharply.
Text size Dreamstime Shares of Dynatrace fell sharply after the software intelligence company posted earnings that beat expectations, but issued guidance that disappointed investors. Dynatrace (ticker...
AbbVie’s stock gains on fourth-quarter earnings as it reports better-than-expected sales of Humira
An earlier version of this report referred to Humana in the headline, not Humira. It has been corrected. Shares of AbbVie Inc. ABBV, +0.08% gained 1.4% in premarket trading on Wednesday after the comp...
DGCX Reports Total Traded Value of $7.95 Billion in January
Dubai Gold & Commodities Exchange (DGCX) today reported its trading metrics for January 2022 and posted an increase in trading activity across different products. Overall, the traded value reached...
UBS Reports Net Profit of $7.5 Billion in 2021
The Swiss multinational investment bank and financial services company, UBS published its financial results for the full-year 2021 today. The net profit of UBS came in at $7.5 billion. The full-year o...
Deutsche Börse Reports a Surge in Demand for Crypto Products
Deutsche Börse today published its ETF and ETP statistics for 2021 and reported a substantial jump in investor demand related to crypto products and inflation-linked bonds. Crypto exchange-traded note...
Visa reports meteoric rise in crypto-linked payments, volumes cross $2.5 billion
Visa recently released its stellar quarterly results. With that, it is also the first quarter after the financial services company amped up its crypto offerings. In its recent earnings call, Visa note...
Robinhood Reports a Net Loss of $423 Million for Q4 2021
American financial services firm, Robinhood yesterday posted its financial metrics for the fourth quarter and full-year ended 31 December 2021. While total revenues saw a decent jump in the latest qua...
Comcast Reports Fourth Quarter 2021 Results
Comcast Corporation (NASDAQ: CMCSA) announced its fourth quarter results for the 2021 fiscal year. The company’s robust financial and operating performance in the 2021 fiscal year was underscored by i...
Robinhood reports earnings today — here’s what to expect
Robinhood Markets (HOOD) is scheduled to report its fourth-quarter earnings on Thursday after the closing bell, as shares of the commission-fee trading platform have been trading at all-time lows. Her...
Apple Reports Earnings Today. Here’s What to Expect.
Text size Once again, the Apple story will be dominated by the strength of iPhone demand. Hector Retamal/AFP via Getty Images Apple will report financial results for the December quarter after the clo...
Tesla Reports a Record Profit. Its Outperformance Was Below Average.
Text size Tesla earned $2.54 a share in the fourth quarter of 2021. Xiaolu Chu/Getty Images Tesla stock was bobbing around the break even line after the company reported better-than-expected earnings ...
Tesla Reports Bitcoin Holdings Were Unchanged in Q4
The value of the bitcoin holdings of Tesla (TSLA) at the end of the fourth quarter remained unchanged from the end of the previous quarter at $1.26 billion, the electric car maker reported in its quar...
First Phase of CBDC Pilot Completed, South Korean Central Bank Reports
Bank of Korea (BOK) has been testing its central bank digital currency (CBDC) since August 2021. BOK recently reported that the first phase of the digital currency issuance and distribution pilot has ...
IHS Markit Reports Fourth Quarter of 2021 Financial Results
On January 21, IHS Markit, a global business information provider, announced the results of its fourth quarter ended November 30 2021. On Friday, the London-based firm, which provides financial inform...
Peloton stock is crashing on reports it’s halting production of bikes and treadmills
The bad news flywheel continues to be spinning in warp speed at Peloton (PTON). Shares of Peloton crashed 22% to $26 on Thursday after a CNBC report that the struggling fitness company would temporar...
The Future of Canada is Crypto As Canadians Favour Crypto Paychecks Over Loonie, Survey Reports ⋆ ZyCrypto
Advertisement     62% of Canadians fancy a crypto paycheck. Over 50% of crypto owners reportedly began showing interest in digital currencies during the 2020 pandemic....
Consumer Reports Cites Only Ford, GM As Offering Effective Driver Monitoring Tech
Only Ford’s Blue Cruise and GM’s Super Cruise, pictured here, will earn those extra points in … [+] Consumer Reports’ annual Top Auto Picks for their driver monitoring features. General Mo...
Reports Show Government Intends To Imply Stricter Regulations On Cryptocurrency ATMs
In a press release yesterday, the federal agency stated that crypto kiosks, or cryptocurrency ATMs, played a major role in the increasing crimes. The United States GAO (Government Accountability Offic...
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...
Peckshield reports that Crypto.com hack netted $15 million
The hack of Crypto.com in the early hours of Monday was originally passed off as no funds being lost by CEO Kris Marszalek. However, an investigation by PeckShield, the blockchain security firm, has r...
IBM Reports Its Earnings Monday. Here’s What to Expect.
Text size IBM has previously said it expects annual growth to return to the mid-single-digits range, starting this year. David Paul Morris/Bloomberg IBM will report fourth-quarter earnings after the c...