Earnings

Earnings are the net benefits of a corporation's operation. Earnings is also the amount on which corporate tax is due.

DraftKings Slides on Forecast, Debuts Gaming Tax Surcharge

DraftKings Slides on Forecast, Debuts Gaming Tax Surcharge
DraftKings Slides on Forecast, Debuts Gaming Tax Surcharge
August 02, 2024  |  Earnings

The sports gaming industry is at a crossroads, with technological innovation, regulatory changes, and consumer habits all combining to drive rapid evolution. Get the Full...

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Major Retailers Under Scrutiny After Amazon Forecasts Weak Sales
Major Retailers Under Scrutiny After Amazon Forecasts Weak Sales
August 02, 2024  |  Retail

Analysts are reportedly awaiting earnings reports from major retailers with interest after Amazon’s latest results “sent a chill” through the sector. Get the Full Story...

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Snap Hits 850 Million Monthly Users in Q2; Daily Active Users Climb 10%
Snap Hits 850 Million Monthly Users in Q2; Daily Active Users Climb 10%
August 02, 2024  |  Earnings

On Thursday (Aug. 1), Snap, the parent company of Snapchat, announced it reached a milestone during the second quarter: 850 million monthly active users. Get...

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This Week in AI: From Meta’s Ads to Apple’s Mobile Makeover, Big Tech Bets Big on AI
This Week in AI: From Meta’s Ads to Apple’s Mobile Makeover, Big Tech Bets Big...
August 02, 2024  |  News

Industry giants are going all-in on artificial intelligence (AI), with Meta, Apple and Nvidia leading the charge. As the FTC ramps up oversight and ethical...

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Corporate America Moving On-Chain and Regulatory Clarity Propel Coinbase Earnings
Corporate America Moving On-Chain and Regulatory Clarity Propel Coinbase Earnings
August 02, 2024  |  Earnings

The crypto industry is an unpredictable one. For years it has been defined by giant surges in value, as well as equally momentous drops. Get...

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DoorDash Sees Digital Orders Surge Despite Industry Headwinds
DoorDash Sees Digital Orders Surge Despite Industry Headwinds
August 02, 2024  |  Earnings

As consumers look to cut costs amid ongoing financial pressures, DoorDash is seeing that digital ordering is largely protected from the traffic declines experienced across...

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FinTech IPO Index Loses 5% as NerdWallet and Lemonade Slip on Earnings
FinTech IPO Index Loses 5% as NerdWallet and Lemonade Slip on Earnings
August 02, 2024  |  Fintech Investments

Earnings season’s in full swing and proved to be less than kind to the FinTech IPO Index, which gave up 5%. Double digit declines on...

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Amazon Q3 Hedge Supports Case for Cautious Consumer Spending
Amazon Q3 Hedge Supports Case for Cautious Consumer Spending
August 01, 2024  |  Amazon

While Wall Street didn’t like what it saw or heard from Amazon’s Q2 earnings, from a consumer spending standpoint there was a lot to like....

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Apple’s Services Segment Grows, But AI Still Remains a ‘Show Me’ Story
Apple’s Services Segment Grows, But AI Still Remains a ‘Show Me’ Story
August 01, 2024  |  Apple

Apple’s latest quarter showed some resilience in services growth – and management noted the potential for artificial intelligence (AI) to help transform the company’s efforts...

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