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Earnings Report

Analyst points to Coinbase’s future after disappointing quarter

by Isaac Wright
Analyst points to Coinbase’s future after disappointing quarter

Coinbase’s stock fell over 4% in after-hours trading following the release of the company’s third quarter earnings on Thursday, which showed declining revenue and profits compared to the previous quarter. …

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Lenovo Reports 24 Percent Fall in Quarterly Revenue as PC Sales Decline

by Maya Ortiz
Lenovo Reports 24 Percent Fall in Quarterly Revenue as PC Sales Decline

China’s Lenovo Group on Thursday posted a worse-than-expected 24 percent fall in revenue for the April-June quarter, hit by a prolonged slump in global demand for personal computers. It makes …

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Rivian Earnings Impressed Wall Street. The Stock Is Falling Anyway.

by Sam Bailey
Rivian Earnings Impressed Wall Street. The Stock Is Falling Anyway.

Text size Wall Street is feeling better about Rivian stock. Improving production and better cost control are two reasons why. Alisha Jucevic/Bloomberg Electric-vehicle start-up Rivian Automotive reported better-than-expected second-quarter numbers …

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