The world’s first cryptocurrency, Bitcoin has been facing a severe sell-off between $19,000 and 19,500. The flagship currency is striving to get back its long-lost $20,000 trading zone. Currently, Bit...
Tag: revenue
Apple Takes Bite Out of App Store NFTs in Hunt For Revenue
Apple has restricted App Store apps to basic NFTs which don’t unlock content or additional functionality Showcasing NFTs is still allowed but external links are prohibited, considered a move to gather...
Bitcoin Miners Revenue Margins Shrink Fast As BTC Struggles
The world’s largest cryptocurrency Bitcoin (BTC) has been trading in a pretty tight range recently close to $19,200 level. On one hand, the Bitcoin hashrate continues to grow fast, which means that Bi...
Bitcoin Mining Revenue in Russia Grew 18 Times in 4 Years Before ‘Worst Quarter’ – Mining Bitcoin News
Russian revenues from the minting of bitcoin saw a multifold increase in the past few years before declining significantly since this past spring. The findings come from a new study which also establi...
Snap Stock Plunges On Third-Quarter Revenue Miss
Snap (SNAP) reported third-quarter results late Thursday that missed revenue estimates but beat on earnings. Still, Snap stock plunged as analysts fretted over the weak revenue numbers. X The social m...
“Tesla Could Be Worth More Than Apple And Saudi Aramco Combined” As Q3 Revenue Target Misses
Key Takeaways Tesla missed their Q3 revenue target, bringing in $21.45 billion against the expected $22 billion. This was mainly as a result of logistical challenges which saw 343,830 vehicles deliver...
Tesla Stock Drops After Missing Revenue Expectations
Topline Shares of Tesla declined more than 3% Wednesday afternoon after the company fell short of expectations on its third-quarter revenue, though the company did beat estimates for earnings per shar...
Tesla stock falls 5% after missing revenue expectations
Electric car giant Tesla (TSLA), reported its Q3 earnings after the bell on Wednesday, missing analysts’ expectations on revenue, but slightly beating on earnings. Here are the most important nu...
NFL Revenue ($18 Billion) Keeps Going Up, But Quality Of Play (3-3 Teams) Keeps Getting Sacked
INGLEWOOD , CA – OCTOBER 17: Russell Wilson (3) of the Denver Broncos is knocked down by Chris Rumph … [+] II (94) and Kenneth Murray Jr. (9) of the Los Angeles Chargers during the fourth ...
Focus on revenue, profit, not subscriber adds
Netflix logo Mario Tama | Getty Images News | Getty Images Netflix has a message for investors: start focusing on revenue and profit, and stop obsessing about subscriber growth. Netflix made its argum...
Silvergate’s Q3 Net Income and Revenue Misses Estimates, Stock Tanks
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Roblox stock surges after growth in September DAUs and bookings, while previous revenue estimates adjusted down
Roblox Corp. RBLX, +21.12% reported September metrics Monday that showed average daily active users (DAUs) rose 23% from a year ago to 57.8 million, which was down from 59.9 million in August but up f...
Bank of America beats earnings target as net interest income and revenue rise
Bank of America Corp. BAC, +0.03% shares rose 2.4% in premarket trades Monday after the megabank topped earnings and revenue estimates. The bank said its third-quarter net income fell to $6.58 billion...
MakerDAO Revenue Experiences A Major Drop, Here’s Why
For the first time since 2020, MakeDAO has crashed in its quarterly net income. The DAO is the autonomous community that governs the Maker Protocol. The project is based on the Ethereum blockchain and...
Plug Power Stock Drops On Revenue Shortfall
Plug Power stock fell on Friday after the fuel-cell company said its annual revenue would be lower than expected because of supply-chain problems. Revenue for 2022 will be 5% to 10% lower than the $90...
MakerDAO revenue tumbles 86% on Ether and Wrapped BTC woes
MakerDAO, the governing body of the Maker Protocol, has seen its revenue plummet in the third quarter of 2022, caused by a fall in loan demand and few liquidations, while expenses have remained high. ...
Plug Power stock sinks after revenue warning, as supply chain issues offset ‘robust’ demand
Shares of Plug Power Inc. PLUG, -5.04% sank 7.0% in premarket trading Friday, after the hydrogen and fuel cell systems company said 2022 revenue could be 5% to 10% below previous guidance, as some lar...
MakerDAO’s revenue stats can help you decide if you should invest in MKR
MakerDAO dominated the DeFi space in terms of market cap. At press time, it was ranked number one when compared to other protocols. In spite of that, it wasn’t able to generate a profitable quarter in...
Rare Massachusetts Tax Refund Raises Interesting Question About Surplus Revenue
George Washington Monument at Public Garden in Boston, Massachusetts. getty Massachusetts taxpayers are getting a rare refund thanks to a 1986 law that requires the state government to refund tax reve...
Play to Earn Games May Become Secondary Revenue Stream to Many
What if I told you that you will have to play video games for eight hours straight instead of working a 9-5 job? And what if I told you that it will pay more than an average corporate job? Well, I gue...
American Airlines raises revenue forecast after strong summer travel season
American Airlines jet parked at LaGuardia International Airport in New York. Adam Jeffery | CNBC American Airlines said Tuesday that its third-quarter sales likely came in better than it previously e...
Avalanche’s Total Revenue Declined by 94%
Wahid Pessarlay A recent report by Messari shows Avalanche’s harsh Q3 2022 stats Avalanche (AVAX) saw many ups and downs in the third quarter of 2022. According to a Messari report, Avalanche’s networ...
Luxor launches derivatives product based on bitcoin mining revenue
Bitcoin mining firm Luxor, which runs a mining pool and a hardware trading desk, is launching an over-the-counter derivative product based on bitcoin mining revenues. The new product, Luxor Hashprice ...
Major banks record spike in revenue as investors abandon crypto for international trading
Leading global banks have recorded a spike in revenues fuelled by investors’ preference for traditional currencies as they appear to sideline cryptocurrencies amid an extended bear market. In this li...
Dow Jones Plunges 500 Points On Jobs Report; AMD Stock Dives On Revenue Warning
The Dow Jones Industrial Average dived 500 points Friday morning after the Labor Department’s stronger-than-expected September jobs report. Advanced Micro Devices (AMD) dived 8% and triggered an...
AMD Cuts Revenue Forecast Amid Worst Slump in PC Shipments in Years
Listen to article (1 minute) Advanced Micro Devices cut its revenue forecast for the most recent quarter citing weaker-than-expected demand for the personal computers that use its chips. The chip make...
AMD Sinks After Early Peek at Revenue Shows Steep Shortfall
(Bloomberg) — Advanced Micro Devices Inc.’s preliminary third-quarter sales missed projections by more than $1 billion, adding to concerns about the sputtering market for personal-computer chips...
AMD Revenue Warning Has Stock Falling
Advanced Micro Devices warned Thursday afternoon that it will miss its prior guidance for the September quarter, citing deteriorating demand for PCs. The chip maker’s stock is falling in after hours t...
Bitcoin mining revenues down 16.2% in September
Bitcoin mining revenue fell 16.2% in September to about $550.5 million, marking its fifth decline in the last six months and the lowest total since November 2020, according to data compiled by The Blo...
MLB Recovers From Lockout, The Pandemic And Now Expects To Surpass $10 Billion In Revenue For 2022 Season
As it turns out, a nearly 100-day labor dispute, 40-year-high inflation, recession fears and lingering fears of Covid-19 didn’t impact Major League Baseball business for the 2022 season. MLB estimates...
OpenSea Recorded $144.5M in Revenue in Quarter 3
OpenSea earned $144.5 million in fees from users, with most of the money going to creators, according to Token Terminal. In a tweet, Token Terminal disclosed that only $35 million went to OpenSea LLC....