
Robinhood Reports Q1 2023 Figures, Sees Revenue Surge 47% with Higher Net Loss of 30%
Robinhood CEO Vlad Tenev said the trading app will continue to “deliver strong financial performance” following Q1 2023 report.
Robinhood CEO Vlad Tenev said the trading app will continue to “deliver strong financial performance” following Q1 2023 report.
The recent earnings report is the second one since Iger became the CEO again in November 2022.
In Tuesday’s post-trading session, biotech firm Novavax saw its stock surge following “significant measures” taken to operate more efficiently.
Despite suffering a market cap setback in its fiscal Q3 of 2023, fintech platform Affirm expects full-year revenue of $1.56 billion.
Airbnb stock price crashed as the company shared a cautious stand for the second quarter. However, Airbnb sees a strong demand boost during the summer season ahead.
As stated in the Twilio Q1 2023 report, the net loss per share of GAAP loss and non-GAAP loss were $1.84 and $0.47 respectively.
PayPal has been forced to update its 2023 earnings outlook due to its latest financial reports.
Satellite TV provider DISH fell short of EPS and revenue expectations for Q1 2023 amid its sustained stock devaluation troubles.
For the first time since Q1 2021, Berkshire Hathaway repurchased stock worth $4.4 billion smashing the previous record of $2.8 billion.
Due to its commendable Q1 2023 streaming numbers, Warner Bros. Discovery expects its streaming business to stay profitable this year.
Amid the broader banking crisis, investors are still concerned about the next move of the government in terms of Federal Reserve policy.
Apple iPhone sales surprised the Street. Despite the smartphone market shrinking by 15%, Apple managed to pull off strong sales numbers for iPhones.
According to the chief investment officer at Coinbase, the crypto firm is venturing into the derivatives market in order to better serve the international customer base.
Despite the success of Kenvue’s IPO, Johnson & Johnson remains under allegations that some of its talc products are cancerous.
Microsoft and AMD are working on an artificial intelligence (AI) chip with a code name Athena.