Airbnb (ABNB) Stock Tanks 13.7% as Company Reports Q1 2023 Results
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.
This category covers crypto market news today, including crypto index trends, major exchange data, capital flows, sentiment shifts, regulation impact and crypto’s interaction with traditional finance. Designed to help you understand the forces driving valuation across tokens, sectors and regions.
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.
Rivian previously announced that it produced 9,395 electric vehicle units during the first quarter of 2023 but managed to deliver 7,946 vehicles to customers.
PayPal has been forced to update its 2023 earnings outlook due to its latest financial reports.
Oil giant Saudi Aramco shares climbed 3.2% on Tuesday after the company posted a net income of $31.9 billion for Q1 2023.
Bolt has intimated plans to become profitable in 2024 and leverage its African presence, while mulling a potential public listing in 2025.
Regional banks are financial institutions that operate in specific geographic areas of the country and often provide a variety of banking services such as deposit accounts, loans, and other financial goods.
Satellite TV provider DISH fell short of EPS and revenue expectations for Q1 2023 amid its sustained stock devaluation troubles.
The automobile industry is becoming an increasingly important market for chipmakers such as Qualcomm as the number of electric vehicles and cars equipped with advanced driver assistance systems (ADAS) grows.
The UK IPO market has come under scrutiny as analysts believe it has lost its appeal in attracting big-name tech listings.
The growth in the European indices recorded an encompassing ripple effect that spread to other major Asia-Pacific markets.
With the IPO move in full force, the logistics arm of Alibaba is looking forward to raising between $1 billion and $2 billion.
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.
Adidas has failed to give an explicit plan of what it is going to do with unsold Yeezy stock.