Airbnb has once again captured the spotlight, this time due to its impressive financial performance in the fourth quarter. With a significant 14.5% leap in share prices, the company not only delighted investors but also marked its most successful trading day since its Nasdaq debut. The sharp rise in its stock comes on the back
Earnings
The cryptocurrency sector has been marked by considerable volatility, yet Coinbase—a leading exchange platform in the United States—has emerged resilient, showcasing remarkable financial performance in its latest quarterly report. The company’s fourth-quarter results indicate a renaissance, fueled by an invigorating post-election rally that sent crypto prices soaring at the end of the previous year. This
SoftBank Group, a prominent Japanese conglomerate known for its extensive investments in technology, recently reported unexpected financial losses in its latest quarterly results. This marks a significant downturn for the company, primarily attributed to a decline in the value of its Vision Funds, which have been critical to SoftBank’s growth strategy. The implications of these
In the fiscal year of 2024, DBS Bank, Singapore’s leading financial institution by assets, celebrated remarkable achievements that culminated in record net profits. Under the strategic guidance of CEO Piyush Gupta, the bank reported an impressive net profit of SGD 11.4 billion (approximately $8.4 billion). This marks an 11% increase from the previous year, pivoting
The financial market reacted enthusiastically to Doximity’s recent earnings report, with shares soaring by 25% in after-hours trading following the announcement on Thursday. The company showcased significant growth in its third-quarter fiscal earnings for 2025, surpassing analysts’ expectations in both earnings per share (EPS) and revenue. Doximity reported an adjusted EPS of 45 cents, significantly
Affirm, the pioneering buy now, pay later (BNPL) service, experienced a significant surge in its share prices, skyrocketing 22% in trading after reporting financial results for the second quarter that surpassed Wall Street’s expectations. This remarkable performance comes as a reassurance to investors during a holiday shopping season that proved more lucrative than initially forecasted.
In the ever-evolving landscape of technology, few sectors garner as much attention and investment as artificial intelligence (AI). As we move into 2025, the megacap technology firms—Meta, Amazon, Alphabet, and Microsoft—are establishing ambitious plans to not only expand their capabilities but to assert dominance in the AI market. Estimates show that these companies are poised
In a remarkable display of market resilience, Affirm Holdings Inc. experienced a significant boost in its share prices, surging over 15% in after-hours trading following a successful report of its fiscal second-quarter results. This surge comes at a time when the broader economic landscape is fraught with uncertainties, particularly affecting the buy now, pay later
Strategy, previously known as MicroStrategy, has become an emblem of aggressive investment in the burgeoning world of Bitcoin. As the largest corporate holder of Bitcoin, the company has undertaken a momentous journey towards achieving its $42 billion capital raising goal. Following a post-election rally, Strategy recently reported that it has nearly reached the halfway mark
French oil conglomerate TotalEnergies has recently announced a concerning financial outlook for 2024, revealing a marked decline in full-year earnings due to various adverse market conditions. Reporting an adjusted net income of $18.3 billion, the company experienced a significant 21% decrease from its previous year’s figure of $23.2 billion. This development aligns with the lower