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Coinbase’s 2Q earnings preview: Another blowout quarter expected
Coinbase’s 2Q earnings preview: Another blowout quarter expected
Jul 30, 2024
When does Coinbase Inc report earnings? Coinbase is set to release its quarter two (Q2) 2024 financial results on 1 August 2024, after the US market closes. Coinbase’s 2Q 2024 results – what to expect Key Metrics2Q 20232Q 2024EYoY Growth % Total Revenue (US$ millions) 708 1,396 97.2% - Transaction Revenue (US$ millions) 327 846 100% - Subscription Services (US$...
Tesla stock price slumps after Q2 earnings​​​​​​​
Tesla stock price slumps after Q2 earnings​​​​​​​
Jul 25, 2024
​​​Profit slump and financial performance ​Tesla's second-quarter profits for 2024 plummeted by 45%, with net income falling to $1.47 billion, well below analysts' expectations of $1.9 billion. The electric vehicle giant faced headwinds from slower sales, increased costs due to employee layoffs, and significant investments in artificial intelligence infrastructure. ​Despite these challenges, revenues rose 2% to $25.5 billion, narrowly exceeding...
Euro (EUR/USD) Weakens After German PMIs Disappoint, Rate Cut Expectations Rise
Euro (EUR/USD) Weakens After German PMIs Disappoint, Rate Cut Expectations Rise
Jul 24, 2024
Euro (EUR/USD) Weakens After German PMIs Disappoint, Rate Cut Expectations Rise German PMIs miss forecasts, manufacturing sector weakens further.Euro slips lower as rate cut expectations increase. Recommended by Nick Cawley Trading Forex News: The Strategy For all high-importance data releases and events, see the DailyFX Economic Calendar According to the latest HCOB flash PMIs, ‘Germany’s private sector economy slipped back...
The US Economy Grew by 2.8% in Q2 Compared to 1.4% in Q1, US Dollar Little Changed
The US Economy Grew by 2.8% in Q2 Compared to 1.4% in Q1, US Dollar Little Changed
Jul 25, 2024
US Dollar Analysis and Chart US economy expands by 2.8% in Q2, initial data show.US dollar little changed, eyes Friday’s US Core PCE release.For all high-impact data and event releases, see the real-time DailyFX Economic Calendar The US economy expanded by 2.8% in Q2 - beating market forecasts of 2% - according to recently released BEA data. Compared to the...
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Sector Update: Energy
Sector Update: Energy
Oct 2, 2024
08:53 AM EDT, 09/30/2024 (MT Newswires) -- Energy stocks were leaning lower premarket Monday with the Energy Select Sector SPDR Fund (XLE) 0.2% lower recently. The United States Oil Fund (USO) was down 0.3% and the United States Natural Gas Fund (UNG) was 0.9% lower. Front-month US West Texas Intermediate crude oil was up marginally at $68.21 per barrel at...
Sector Update: Financial
Sector Update: Financial
Oct 2, 2024
08:52 AM EDT, 09/30/2024 (MT Newswires) -- Financial stocks were declining pre-bell Monday as the Financial Select Sector SPDR Fund (XLF) fell by 0.2% recently. The Direxion Daily Financial Bull 3X Shares (FAS) was down 0.7% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 0.8% higher. Nomura Holdings ( NMR ) was excluded as bond manager...
Sector Update: Tech Stocks Lean Lower Premarket Monday
Sector Update: Tech Stocks Lean Lower Premarket Monday
Oct 2, 2024
08:59 AM EDT, 09/30/2024 (MT Newswires) -- Technology stocks were leaning lower premarket Monday as the Technology Select Sector SPDR Fund ( XLK ) was down 0.5% and the SPDR S&P Semiconductor ETF ( XSD ) fell by 0.7% recently. Emcore ( EMKR ) shares surged by 100% after Mobix Labs ( MOBX ) said it has submitted a non-binding...
US Equity Futures Turn Lower Pre-Bell as Wall Street Set to Kick Off Final Session for Q3
US Equity Futures Turn Lower Pre-Bell as Wall Street Set to Kick Off Final Session for Q3
Oct 2, 2024
08:26 AM EDT, 09/30/2024 (MT Newswires) -- US equity futures were lower premarket Monday as Wall Street is set to kick off the final trading session of September. The Dow Jones Industrial Average futures fell 0.1%, S&P 500 futures declined 0.2%, and Nasdaq futures were down 0.3%. Oil prices were little changed, with front-month global benchmarks North Sea Brent crude...
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The Analyst Landscape: 7 Takes On Clear Secure
The Analyst Landscape: 7 Takes On Clear Secure
Mar 22, 2024
Analysts' ratings for Clear Secure ( YOU ) over the last quarter vary from bullish to bearish, as provided by 7 analysts. The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective. Bullish Somewhat Bullish Indifferent...
AIOZ Network Partners With Alibaba Cloud to Boost AI, Storage and Streaming Services
AIOZ Network Partners With Alibaba Cloud to Boost AI, Storage and Streaming Services
Mar 22, 2024
The two companies will establish a DePIN alliance in south-east Asia.AIOZ's native token is currently trading flat after the announcement, it is up by more than 200% in 30 days.AIOZ Network will use Alibaba Cloud to improve Web 3, AI, storage and streaming services.Decentralized infrastructure network (DePIN) AIOZ Network has become the leading blockchain partner in Alibaba Cloud’s Innovation Accelerator...
Apple antitrust suit mirrors strategy that beat Microsoft, but tech industry has changed
Apple antitrust suit mirrors strategy that beat Microsoft, but tech industry has changed
Mar 22, 2024
(Reuters) - The U.S. government's antitrust lawsuit against Apple ( AAPL ) draws on the watershed 1998 case that broke Microsoft's ( MSFT ) stranglehold on desktop software, but that may prove to be an imperfect blueprint for addressing smartphone competition. The market for the iPhone today looks very different from the near-monopoly enjoyed by Microsoft's ( MSFT ) Windows...
Dutch PM to meet China's Xi amid strain over chip export policy
Dutch PM to meet China's Xi amid strain over chip export policy
Mar 22, 2024
AMSTERDAM, March 22 (Reuters) - The Netherlands' prime minister will travel to China next week for a meeting with Chinese President Xi Jinping on economic ties, the Dutch government said on Friday, a meeting that is likely to be strained over computer chip export policy matters. The Dutch government this year began denying licenses for ASML, the biggest supplier of...
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