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Netflix Reports Better-than-Expected Q3 2023 Earnings, NFLX Shares Jump Over 12%

In Q3 2023, Netflix finalized a share buyback of about $2.5 billion and increased its repurchase authorization by $10 billion. Netflix Inc (NASDAQ: NFLX) shares closed Wednesday trading at $346.19, down 2.68 percent from the day’s opening price. The losses were quickly erased during the after-hours with a spike of about

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LVMH Shares Down 6% after Disappointing Q3 2023 Earnings Report

The French giant attributed this decline to post-COVID-19 normalization, high inventory levels among retailers, and a slowdown in Hennessy cognac sales in the United States. LVMH, the world’s largest luxury conglomerate, experienced a significant drop in its shares on Wednesday following a disappointing financial earnings report for the third quarter (Q3)

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Costco Posts Strong Q4 2023 Earnings despite Changing Shopping Patterns

Over the past three years, Costco has gained momentum, benefiting from trends such as increased home cooking, millennials moving into larger suburban homes, and inflation driving shoppers to seek value through memberships at warehouse clubs. Membership-based retail giant Costco Wholesale Corp (NASDAQ: COST) recently announced its quarterly earnings and the results

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FET, GRT, AGIX Hold Gains After Nvidia’s (NVDA) Earnings Beat Solidifies Artificial Intelligence Outlook

Today's result follows Nvidia's blowout first quarter results from last May which revealed an extremely bullish outlook for revenue tied to AI. This sentiment, coupled with increasingly AI mainstream reach with the likes of OpenAI’s ChatGPT, spilled over onto AI-related cryptocurrencies, sending them soaring, even though they've fallen back over

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Nvidia’s (NVDA) Make-or-Break Earnings Could Be Huge for AI-Tied Crypto Tokens Like FET, GRT, INJ, RNDR, AGIX

Miners like Applied Digital (APLD), Iris Energy (IREN), Hut 8 (HUT) and Hive (HIVE) have already started to revitalize their data centers to accommodate AI and other computing services as mining has become less profitable during the prolonged bear market. As investors have also been rewarding the shares of some

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Coca-Cola’s new ‘Masterpiece’ NFT collection boasts $543,660 in earnings over 3 days

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The recently unveiled “Masterpiece” collection, a curated assembly of digital artwork endorsed by Coca-Cola, generated $543,660 in proceeds from Coinbase’s “Onchain Summer” event.  The event, dedicated to celebrating the inaugural emergence of the Base blockchain, witnessed fervent

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US bank reveals $166M in crypto holdings: Q2 earnings report

The San Fransico-based SoFi bank holds almost $170 million in crypto on its balance sheet, according to its second quarter (Q2) earnings report. The United States bank, which serves over six million customers, has seen a significant increase in its crypto holdings compared with the previous quarter.The bank holds Bitcoin

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