Earnings Reports

Meta CEO Mark Zuckerberg (Shutterstock)
Facebook Parent Meta’s Metaverse Division Lost $13.7B in 2022
The social media giant reported losing $4.3 billion in the division in the fourth quarter of 2022 on revenues of $727 million.
Meta CEO Mark Zuckerberg (Shutterstock)

(Chesnot/Getty Images)
Coinbase Cuts Q3 Losses in Half, Sees Crypto Headwinds Continuing Into 2023
The crypto exchange’s transaction revenue fell 44% from the second quarter.
(Chesnot/Getty Images)

(Shutterstock)
Robinhood’s Crypto Revenue Declined 12% to $51 Million in Q3
The popular no-fee trading app’s monthly average users fell to 12.1 million as customers navigated a “volatile market environment.”
(Shutterstock)

(Robert Nickelsberg/Getty Images)
Coinbase’s Interest Income May Be Bright Spot Amid Challenging Third Quarter
Trading volumes likely remained soft again, but analysts are on the lookout for how much interest income Coinbase can earn, particularly from stablecoins.
(Robert Nickelsberg/Getty Images)

MicroStrategy Executive Chairman Michael Saylor (Joe Raedle/Getty Images)
MicroStrategy Reported Impairment Charge of $727K on Bitcoin Holdings in Q3
The business software firm owns about 130,000 bitcoins worth approximately $2.7 billion on its balance sheet.
MicroStrategy Executive Chairman Michael Saylor (Joe Raedle/Getty Images)

Meta CEO Mark Zuckerberg (Christophe Morin/IP3/Getty Images)
Facebook Parent Meta Misses Revenue Estimates for Metaverse Division in Q3, Expects Losses to Grow in 2023
Meta's revenue for the division came in at $285 million, down from $452 million in the second quarter.
Meta CEO Mark Zuckerberg (Christophe Morin/IP3/Getty Images)

Tesla CEO Elon Musk (Christian Marquardt - Pool/Getty Images)
Tesla Made No Changes to Its Bitcoin Holdings in Third Quarter
The electric car company did not buy or sell any bitcoin in the quarter, after selling 75% of its holdings in the second quarter.
Tesla CEO Elon Musk (Christian Marquardt - Pool/Getty Images)

Bitcoin's price chart shows the cryptocurrency remains steady on Friday.  (CoinDesk)
Bitcoin Steady Above $19K Even as Stocks Give Back Thursday’s Wild Gains
BTC was holding at around $19,300, though traditional markets slid on Friday following the release of earnings reports from major banks.
Bitcoin's price chart shows the cryptocurrency remains steady on Friday.  (CoinDesk)

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Will Earnings Reports Portend Recession?
Wall Street seems convinced that forward guidance is going to be rough.
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Bill Spence and Greg Beard, Stronghold (Credit - Aaron Kotowski).png
Bitcoin Miner Stronghold Digital Significantly Restructures Debt
The bitcoin miner said negotiations with its lenders were the reason for the delays in releasing its second-quarter earnings report.
Bill Spence and Greg Beard, Stronghold (Credit - Aaron Kotowski).png