Tag Archives: profitability

[unable to retrieve full-text content]Russia’s Yandex reports revenue jump, return to Q1 profitability  msnNOW Source link

[unable to retrieve full-text content]Russia’s Yandex reports revenue jump, return to Q1 profitability  WTVB Source link

[unable to retrieve full-text content]Russia’s Yandex reports revenue jump, return to Q1 profitability  Nasdaq Source link

DraftKings (DKNG) shares slid on Monday as Wall Street analysts downgraded the stock to Underweight amid a bleaker-than-expected outlook for the online gambling company in 2023. “We suggest investors rotate out of DraftKings and Penn Entertainment (PENN) which we are downgrading today,” JPMorgan analyst Joseph Greff wrote in a research note published Monday. “For DKNG, we see a longer runway and more risk to achieving [online sports betting] profitability than its peers and with the… Source link

Spotify (SPOT) surged on the heels of its Q2 earnings report with shares climbing more than 13% on Wednesday after the company reported a beat on both revenue and monthly active users. But one analyst says the stock surge was an “overreaction” given the platform’s profitability struggles. “While we believe there remains material user growth left for Spotify we highlight that many investors question whether Spotify will ever be able to generate significant lasting profitability,” Pivotal… Source link

Delta Air Lines (DAL) on Wednesday reported a narrower than expected loss in the second quarter, with “accelerating demand” putting the airline back on a path to profitability. Here are the main results from the Q2 report, compared to consensus estimates compiled by Bloomberg: Adjusted pre tax income (loss): $881 million vs ($898 million) estimate Adjusted earnings (loss) per share: ($1.07) vs ($1.42) estimate GAAP earnings per share: $1.02 vs (0.17) estimate Revenue: $6.3 billion vs. $6.3… Source link

Active bitcoin miners may see their profitability double following the 28% downward difficulty adjustment in mining on July 3, according to several mining sites.  The North American hash spread – an index invented by digital asset financial services platform BitOoda to measure the difference between bitcoin mining revenue per megawatt-hour and the cost of the needed power – has almost doubled to $449 from $225.  “Mining economics have improved significantly,” Sam Doctor, chief… Source link

TipRanks 3 Monster Growth Stocks That Are Still Undervalued Let’s talk about growth. With corona receding, politics growing less exciting, and a new year ahead, investors are getting optimistic – and that means there’s a hunt for stocks that will bring in strong returns. In other words, growth stocks. In a recent interview, Jan Hatzius, chief economist at investment giant Goldman Sachs, said that he sees GDP growth in 2Q21 hitting as high as 10%. In an environment like that, most stocks… Source link

Google parent Alphabet (NASDAQ:GOOGL)(NASDAQ:GOOG) just reported a knockout finish to 2020. Revenue and operating income increased a respective 23% and 69% year over year in the fourth quarter. So much for big tech losing steam.   The biggest news, though, was Google revealing key details on its major… Source link

Yahoo Finance’s Brian Cheung breaks down how banks make money in this weeks Yahoo U. Video Transcript ZACK GUZMAN: Speaking of the banks here, want to take a moment here to focus in on one of the questions that we’ve gotten from a few viewers out there when it comes to banks in this environment of a steepening yield curve. Of course, financials have been some of the strongest performers year-to-date here on the hopes that they could start to make a little bit more money. But want to bring on… Source link