Tag Archives: reports

Robinhood Markets (HOOD) is scheduled to report its fourth-quarter earnings on Thursday after the closing bell, as shares of the commission-fee trading platform have been trading at all-time lows. Here are consensus estimates expected by Wall Street analysts, according to Bloomberg data.  Adjusted earnings (loss) per share: -.42 cents compared to -$2.06 reported in Q3 Revenue: $370.92 million compared to $364.92 million in Q3 The trading platform is expected to give an update on its new crypto… Source link

The bad news flywheel continues to be spinning in warp speed at Peloton (PTON).  Shares of Peloton crashed 22% to $26 on Thursday after a CNBC report that the struggling fitness company would temporarily halt production of its bikes and treadmills due to sluggish consumer demand. Shares fell below the company’s September 2019 IPO price of $29.  The company will reportedly stop producing its bikes for two months and treadmills for six weeks.  A Peloton spokeswoman didn’t return Yahoo… Source link

Year-over-year Revenue Up 102% to $509.3 Million; Bookings Up 28% to $637.8 Million; and Free Cash Flow of $170.6 million SAN MATEO, Calif., November 08, 2021–(BUSINESS WIRE)–Roblox Corporation (NYSE: RBLX), a global platform bringing millions of people together through shared experiences, released its third quarter 2021 financial results today and separately posted a letter to shareholders and supplemental materials on the Roblox investor relations website at ir.roblox.com. Third Quarter… Source link

Google’s advertising business brought in $53.1 billion during the third quarter, up from $37.1 … [+] billion during the same period last year. Getty Images While some advertising-funded internet giants like Facebook and Snap Inc. are feeling the brunt of Apple’s recent data privacy changes, Google seems less worried. Today, Google parent Alphabet Inc. reported a record $65.1 billion in revenue during the third quarter of 2021, with the company’s… Source link

MILAN, Oct 23 (Reuters) – Italy reported 39 coronavirus-related deaths on Saturday, the same number as the day before, the health ministry said, while the daily tally of new infections inched up to 3,908 from 3,882. Italy has registered 131,802 deaths linked to COVID-19 since its outbreak emerged in February last year, the second-highest toll in Europe after Britain and the ninth-highest in the world. The country has reported 4.74 million cases to date. Patients in hospital with COVID-19 – not… Source link

(Updates closing prices, adds sector and volume details)    * Healthcare sector gains with earnings boost from Anthem, Abbott    * Verizon up on customer growth,    * IBM falls sharply in late trade after revenue miss    * Dow up 0.43%, S&P up 0.37%, Nasdaq down 0.05%    By Devik Jain, Shreyashi Sanyal and Sinéad Carew    Oct 20 (Reuters) – The S&P 500 and the Dow climbed on Wednesday with the Dow hitting an intraday record high as investors eyed better than expected… Source link

(Adds Pfizer response; paragraphs 6-8) By Praveen Menon WELLINGTON, Aug 30 (Reuters) – New Zealand reported its first recorded death linked to U.S. drugmaker Pfizer’s COVID-19 vaccine, the health ministry said on Monday, after a woman suffered a rare side effect leading to inflammation of her heart muscle. The news of the death comes as the country battles an outbreak of the Delta variant after nearly six months of being virus free. It followed a review by an independent panel monitoring the… Source link

DENVER, August 12, 2021–(BUSINESS WIRE)–Palantir Technologies Inc. (NYSE:PLTR) today announced financial results for the second quarter ended June 30, 2021. Q2 2021 Highlights Total revenue grew 49% year-over-year to $376 million US commercial revenue grew 90% year-over-year Closed 62 deals of $1 million or more, of which: 20 net new customers added in Q2 2021, total customers up 13% quarter-over-quarter Commercial customer count increased 32% quarter-over-quarter Cash flow from operations of $23… Source link

Netflix (NFLX) is set to announce its Q2 2021 earnings after the closing bell on Tuesday, with investors looking to see if the streaming giant can recover after missing analysts’ expectations by nearly 2 million subscribers in Q1. Here’s what Wall Street is expecting from the company as compiled by Bloomberg versus how it performed in the same quarter last year. Revenue: $7.32 billion expected versus $6.14 billion in Q2 2020 Earnings per share: $3.14 expected versus $1.59 in Q2… Source link

Error mitigation is perhaps the biggest challenge and barrier to implementing practical quantum computing in the era of noisy intermediate scale quantum (NISQ) computers. Last week, Google reported promising use of so-called “stabilizer code” on its 54-qubit Sycamore quantum processor to suppress errors. The recent work, published in Nature Communications, reduced the number of errors requiring correction 100-fold per round, reported Google researchers. There’s a good account,… Source link