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Stocks

“Snap stock plummets 25% after iOS ad tracking changes hit revenue”

October 25, 2021

“Snapchat’s parent company crossed $1 billion in quarterly revenue for the first time ever, but worse-than-expected earnings and a forecast of more headwinds to come led its stock to crash on Thursday.Shares of Snap (SNAP), which owns the popular photo and video… Continue Reading…

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Stocks

“Hasbro stock jumps after big profit beat, as Wizards of the Coast revenue more than doubled”

July 26, 2021

“Shares of Hasbro Inc. surged 2.3% in premarket trading Monday, after the toy maker reported a second-quarter adjusted profit that was more than double what was expected, as revenue got boosts from strength in franchise brands and Wizards of the… Continue Reading…

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Business, Stocks

“Crocs reports record revenue, raises full-year guidance amid strong demand”

July 22, 2021

“Here’s how the company did for its quarter ended June 30 compared with what analysts surveyed by Refinitiv were anticipating: Earnings per share: $2.23 adjusted vs. $1.60 expected Revenue: $640.8 million vs. $565.2 million expected During the second quarter, Croc’s… Continue Reading…

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Economy

“Chip shortage expected to cost auto industry $110 billion in revenue in 2021”

May 14, 2021

“The ongoing semiconductor chip shortage is now expected to cost the global automotive industry $110 billion in revenue in 2021, according to consulting firm AlixPartners. The forecast is up by 81.5% from an initial forecast of $60.6 billion, which the New York-based… Continue Reading…

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Cryptocurrencies

“Dogecoin Miners Revenue Up 4,500% This Year”

April 28, 2021

“ The price of dogecoin has rallied by 7,000% this year, sending miner revenue skywards. The meme-based cryptocurrency reached a record high of 45 cents on April 18 and was last seen changing hands near 32 cents, up nearly 20%… Continue Reading…

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Business

“Tesla posts record net income of $438 million, revenue surges by 74%”

April 27, 2021

“Tesla reported first-quarter results after the bell on Monday. The company beat expectations handily, buoyed by sales of bitcoin and regulatory credits, but the stock dipped as much as 3% after hours as investors digested the numbers. Here’s how the company… Continue Reading…

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Economy

“New $3,000 child tax credit to start payments in July, IRS says”

April 14, 2021

“The IRS plans to begin sending monthly payments from the new $3,000 child tax credit in July, Commissioner Charles Rettig said Tuesday during a hearing with the Senate Finance Committee. The new and significantly expanded child tax credit was included in the $1.9 trillion… Continue Reading…

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Business, Cryptocurrencies

“Square’s Bitcoin Revenue Rises 1100%…”

January 1, 2021

“Square Inc (NYSE: SQ) on Thursday said the Bitcoin revenue for its Cash App rose 1100% in the third quarter, compared to the same period a year earlier. What Happened: The company’s Cash App Bitcoin revenue touched $1.63 billion. The revenue from the… Continue Reading…

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Business, Predictions, Opinions, & Comments

“JetBlue Airways’ Q3 Revenue Slumps 76%…”

October 28, 2020

“JetBlue Airways, a major American low-cost airline, reported that its revenue slumped 76% year-over-year… The passenger carrier company reported a net loss of $393 million or $1.44 in the third quarter of 2020, worst compared to a $187 million profit… Continue Reading…

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Business

“Coca-Cola earnings top estimates, despite 9% decline in revenue”

October 22, 2020

“Coca-Cola on Thursday reported that its third-quarter revenue fell 9% as the coronavirus pandemic weighed on demand for fountain soft drinks, Powerade and Dasani. But the company topped earnings estimates, sending shares up 3% in premarket trading. Here’s what the company reported for… Continue Reading…

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