Stocks Higher, Elon Musk, Twitter, Bitcoin, GE – 5 Things To Know

Here are five things you must know for Friday, May 13: 1. — Stock Futures Moved Higher As Powell Rate Soothe Rate Betting Bulls US equity moved higher Friday, potentially snapping a six-day losing streak for the Dow, as investors looked to an ease in market volatility amid stabilizing cryptocurrency prices and detailed comments on … Read more

Coinbase loses half its value in a week as crypto slumps

SILVER SPRING, Md. (AP) — Cryptocurrency trading platform Coinbase has lost half its value in the past week, including its biggest one-day drop 5o date on Wednesday as the famously volatile crypto market weathers yet another slump. Coinbase reported a $430 million net loss in the first quarter, or $1.98 per share, on declining sales … Read more

Stocks Slide, Disney, Apple, Beyond Meat, Bitcoin-5 Things To Know

Here are five things you must know for Thursday, May 12: 1. — Stock Futures Slide, Dollar Leaps As Tech Rout Continues US equity futures extended declines Thursday, potentially pulling the Dow into its sixth consecutive slump, as investors continue to shed risk assets in markets around the world amid renewed concerns that central bank … Read more

Coinbase (COIN) earnings Q1 2022

Monitors display Coinbase signage during the company’s initial public offering (IPO) at the Nasdaq MarketSite in New York, US, on Wednesday, April 14, 2021. Michael Nagle | Bloomberg | Getty Images Coinbase reported first quarter results that missed analysts’ revenue estimates after the bell on Tuesday. Shares fell more than 15% in after-hours trading, building … Read more

Stocks Bounce, Tesla, Twitter, Bitcoin and AMC – 5 Things To Know

Here are five things you must know for Tuesday, May 10: 1. — Stock Futures Bounce As Investors Buy Dip After Lowest S&P 500 Close In A Year US equity futures bounced higher Tuesday, potentially lifting the S&P 500 from its lowest closing level since March of last year, as investors look to tame a … Read more

Earnings preview: Is Disney+ in for a wake-up call like Netflix?

Is the Walt Disney Co. headed for a subscriber miss, like its biggest streaming rival? disney SAY, -3.00% has ferociously eaten into rival Netflix Inc.’s NFLX, -4.35% subscriber base since launching Disney+ in November 2019, climbing to 129.8 million subscribers. That is more than half of Netflix’s total of 219.6 million, which declined by 200,000 … Read more

Heritage Insurance (NYSE:HRTG) Reports Quarterly Earnings and Beats Expectations of $1.28 per EPS

Wealth Insurance (NYSE: HRTG – Get a rating) released its quarterly results on Thursday. The insurance provider reported ($1.15) earnings per share for the quarter, missing the consensus estimate of $0.13 per ($1.28), MarketWatch Earnings reports. Heritage Insurance posted a negative return on equity of 3.56% and a negative net margin of 11.83%. In the … Read more

Airbnb (ABNB) Q1 2022 results

When the pandemic first hit, one of the world’s most valuable startups saw its private value almost halve. Now that hotels are hurting but vacation rentals are booming, Airbnb CEO Brian Chesky is reportedly planning to file a long-awaited IPO. Mike Segar | Reuters Airbnb announced better-than-expected results on Tuesday and gave an optimistic outlook … Read more