
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.
Despite the fall off of the US stock futures, there is no doubt that the fight against inflation is yielding a relatively positive fruit in the United States.
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.
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.
Satellite TV provider DISH fell short of EPS and revenue expectations for Q1 2023 amid its sustained stock devaluation troubles.
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.
For the first time since Q1 2021, Berkshire Hathaway repurchased stock worth $4.4 billion smashing the previous record of $2.8 billion.