The number of small U.S. companies not turning a profit has reached an unfortunate historic high due to the coronavirus pandemic, the Financial Times reports. The Russell 2000 index shows 42 percent of small-caps are either just breaking even or operating a loss. The number...
While Amazon earnings announcements over the years have become somewhat well known for their “expect the unexpected” atmosphere, yesterday’s earnings surprise was a big one. A very big one — something Amazon clearly knew beforehand, since it prefaced the news in the quarterly earnings announcement thusly:...
Square has posted Q4 earnings results, showing continued evolution from the firm’s roots 11 years ago as a point-of-sale payments processor with on-site card readers toward — what management described as — an “ecosystem” tying sellers and consumers together across a digital platform that includes capital...
Losses widened this past year for OYO Homes & Hotels, as the SoftBank-backed company tried to expand into China, according to Reuters. The losses the company reported were increased sixfold since March 2019. This comes after recent news about OYO having to lay off around...
April 26, 2019
Amazon offered something of a mixed bag for investors when it announced its earnings on Thursday (April 25). First quarter profits of $3.6 billion, or $7.09 per share, were nearly 50 percent above the $4.70 per share that analysts were forecasting. Revenue came in at $$59.7 billion, in line with analyst expectations. Year-on-year (YOY) total […]
February 20, 2019
LendingClub shares sank on guidance that missed the Street, but management said fourth quarter lending activity was strong across personal and auto loans, even as the macro environment moving forward...
June 23, 2020
The number of small U.S. companies not turning a profit has reached an unfortunate historic high due to the coronavirus pandemic, the Financial Times reports. The Russell 2000 index shows 42 percent of small-caps are either just breaking even or operating a loss. The number is the highest since 2010’s 44 percent, the index says. […]
May 01, 2020
While Amazon earnings announcements over the years have become somewhat well known for their “expect the unexpected” atmosphere, yesterday’s earnings surprise was a big one. A very big one — something...
February 17, 2020
Losses widened this past year for OYO Homes & Hotels, as the SoftBank-backed company tried to expand into China, according to Reuters. The losses the company reported were increased sixfold...
April 30, 2019
With bets on companies such as Uber and WeWork, SoftBank has become a tech investment powerhouse. But making money is not necessarily the end-all be-all when it comes to its...
