Google’s parent company Alphabet was the worst performer on the day, falling 9.5% in a massive $180 billion wipeout.
Category: Earnings Report
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Metaverse division’s $4B loss drags on positive first quarter for Meta
Zuckerberg expects Reality Labs operating losses to increase year-over-year in 2023.
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Block’s Q4 Bitcoin revenue down 7% on crypto price decline
Block Inc. outperformed analyst expectations and saw its share price jump in after-hours trading, but its Bitcoin revenue dipped due to price declines.
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Silvergate Bank Becomes Most Shorted Stock in US, but Sees Boost With Citadel Securities Stake
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HODL! Tesla hangs onto all its remaining $218M in Bitcoin in Q3
The vehicle manufacturer’s latest earnings report for the third quarter shows it’s made no changes to its Bitcoin holdings since its huge sell-off in the second quarter.
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Zuckerberg unfazed about $2.8B metaverse division loss in Q2
“This is obviously a very expensive undertaking over the next several years,” said Mark Zuckerberg.
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Coinbase CEO has ‘never been more bullish’ even after $430M Q1 loss
“There are so many customers beating a path to our door that we have to have all hands on deck just to keep everything running,” Coinbase CEO Brian Armstrong explained on earnings call.
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Tesla Q2-2021 Earnings Call to Shed Light on Its Bitcoin Holdings
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JPMorgan Chase execs weigh in on stablecoin regulation, crypto competition
While the OCC’s new stablecoin guidance doesn’t have an impact on JPM Coin, it could lead to crypto payments if there’s demand
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