The e-commerce company crushed Wall Street’s estimates for the fourth quarter and provided upbeat guidance for the current quarter.
Schlagwort-Archiv: CNBC
Airbnb reports $3.89 billion loss in first quarterly report since IPO but beats revenue expectations
Airbnb attributed much of the loss to charges related to the company’s initial public offering in December.
Etsy stock surges on earnings beat and strong guidance
The e-commerce company crushed Wall Street’s estimates for the fourth quarter and provided upbeat guidance for the current quarter.
DoorDash stock falls after company drops first earnings report since going public
DoorDash stock fell Thursday after the company dropped its first earnings report since going public in December.
Coinbase files for direct listing after revenue more than doubles in 2020
Coinbase’s filing showed that it made more than $1.1 billion in net revenue last year.
GameStop shares surge in premarket as Reddit favorites rally again
Shares of GameStop climbed in premarket trade on Thursday as heavily-shorted stocks favored by Reddit traders look set for a resurgence.
Robinhood is still on track for a hot IPO despite the GameStop controversy
Robinhood’s ability to navigate the GameStop trading chaos likely means good things for its upcoming IPO.
GameStop shares soar more than 100% amid executive shuffle
GameStop announced Wednesday that its chief financial officer Jim Bell will resign on March 26.
Wall Street clearing firm proposes 1-day trade settlement after Robinhood controversy
A spotlight appeared on the two-day settlement standard following the epic short squeeze in GameStop stock earlier this year.
The wealthy are borrowing billions against their art collections and lenders are reselling the debt
The move to borrow against collections creates the risk of a leveraged boom and bust in the art market.