Q3 Financial News

25.07 / 09:47

COST Reuters Progressive Browser country Q3 British caterer Compass retains annual outlook as Q3 revenue jumps

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21.07 / 13:25

Manufacturing Intel Microchip IBM electronic Q3 Intel Earnings Preview: Facing Continued Headwinds, Chipmaker Eyes Q3 Comeback

On July 18, 1968, two brilliant engineers at Fairchild Semiconductor, Robert Noyce and Gordon Moore, came together to establish N.M. Electronics, which later became known as Intel Corporation (NASDAQ:INTC). Their first-year revenue was $2,672 – not bad for a start!

20.07 / 07:51

companies AJ Bell Consumer Duty Q3 Customers AJ Bell customers and AUM climb in Q3

Michael Summersgill (pictured) is the CEO of AJ Bell.

19.07 / 15:55

Q3 stake TD says Charles Schwab stake expected to add $182 million in Q3 profit

TORONTO — TD Bank Financial Group says its stake in Charles Schwab Corp. is expected to translate into reported equity in net income of about $182 million for its third quarter.

18.05 / 05:19

business Blockchain Hardware Wallet Hardware Ledger Cold Storage Q3 open GridPlus to open source wallet firmware in Q3 amid Ledger debacle

Amid fallout over Ledger’s controversial decision to allow private keys to be “recovered” from its devices, cold storage competitor GridPlus has announced that it will move to “open source” the firmware of its crypto wallets.

23.01 / 07:49

UPS Target Drag Q3 Yes Bank tumbles 10% as higher provisions drag Q3 profit down 80%

Private sector lender Yes Bank stock opened 10 percent lower on January 23 as the company's net profit for the quarter ended December 2022 fell 80 percent on-year on the back of ageing related provisions.

14.12 / 11:49

Blockchain Ethereum Digital GameStop Q3 GameStop Abandons Crypto As Q3 Losses Reach $95M

Although the gaming firm has taken steps to reduce its exposure to cryptocurrency activities, it appears to be continuing to move forward with initiatives connected to non-fungible tokens (NFTs) and blockchain technology.

09.12 / 06:07

business Investments cryptocurrency investment Drop Q3 GameStop to drop crypto efforts as Q3 losses near $95M

Gaming retailer GameStop says it will no longer focus any efforts on cryptocurrencies, after amounting $94.7 million in net losses in the third quarter and laying off staff from its digital assets department.

06.12 / 23:23

UPS CEO Circle USDC Q3 Mind USDC Issuer Circle Changes Mind on Going Public, CEO Reveals Q3 Earnings

Circle, the US financial services firm behind the stablecoin USDC, has changed its mind about seeking a public listing in the near future, and now says it will stay focused on building “a long-term public company.”

04.11 / 23:37

UPS PayPal Action Bitcoin Q3 PayPal Q3 Revenues Beat Estimates - What It Means for Crypto

Online payments company PayPal has posted a net revenue of $6.85bn for the third quarter, beating the market’s expectation of $6.82bn. The strong revenue means that digital payments services are still growing, which could potentially be a bullish sign for crypto.

04.11 / 06:15

business coinbase Report Q3 Coinbase transaction revenues plummet 44% as users activity declines in Q3

Crypto exchange Coinbase saw a huge fall in its transaction revenues in the third quarter after activity fell amid a broader market downturn, but managed to cut its losses in half compared to the prior quarter.

03.11 / 09:29

business Blockchain Adoption retail Q3 NOT Robinhood not giving up on crypto despite Q3 crypto revenue slashing 12%

Crypto and stock trading platform Robinhood highlighted lagging cryptocurrency revenue in the third quarter of 2022, though the results will do little to dampen its ambition to serve the market, its CEO says.

02.11 / 08:13

business Adoption S&P 500 Bitcoin Q3 play MicroStrategy CEO reiterates 'long term' Bitcoin play in Q3 earnings

The third quarter earnings for business intelligence firm MicroStrategy revealed a narrowed net loss of $27.1 million for the quarter, while it continues to grow its Bitcoin (BTC) portfolio despite poor crypto market conditions.

27.10 / 15:13

COST CEO Q3 Meta’s Metaverse Business Loses Over $3.5 Billion in Q3 2022

Facebook-owner Meta recorded a loss of over $3.5bn in the third quarter of this year, as the company continues to burn cash on its new metaverse-related initiative.

26.10 / 19:33

business Investments Venture Capital Research Q3 NOT Venture capital recedes from crypto in Q3, but not all is bleak: Report

In 2022, it’s no surprise that most assets are in a bear market. People have a variety of signals they look for when determining a good time to enter the market, and Cointelegraph Research’s Venture Capital Report for Q2 revealed that VC inflows stagnated at just above $14 billion last quarter, the same as Q1.

21.10 / 14:05

Mining Bitcoin Q3 Costs Low Low hash price, soaring energy costs spell tough Q3 for Bitcoin miners

Energy problems in North America and Europe and prevailing market conditions have spelled another bleak quarter for Bitcoin (BTC) mining operators on both continents.

20.10 / 09:37

Report Tesla Tesla Motors Bitcoin Q3 HODL! Tesla hangs onto all its remaining $218M in Bitcoin in Q3

Electric vehicle manufacturer Tesla has made no further changes to its remaining stash of Bitcoin (BTC) in the third quarter of 2022, despite nearly a $1 billion sell-off in the previous quarter.

19.10 / 21:09

business Blockchain Investments Q3 There were vast discrepancies in crypto markets during Q3: Report

According to a new report published by cryptocurrency data aggregator CoinGecko, several interesting anomalies surfaced in the cryptocurrency markets during the third quarter Although the digital asset industry witnessed heavy sell-offs earlier this year, its overall market cap actually increased by around $100 billion compared to Q2.

19.10 / 05:05

Blockchain Ethereum CoinMarketCap Q3 1INCH: A-Z of how the DeFi protocol fared in Q3; stats might be shocking

Impacted by the general decline in the cryptocurrency ecosystem, 1inch suffered a considerable blow to its trading volume and revenue in Q3, Messari found in a new report.

18.10 / 23:03

business Blockchain banking Q3 Silvergate Capital's crypto-to-fiat transfers decrease by $50B compared to Q3 2021

On Tuesday, Silvergate Capital, a crypto-fiat gateway network designed for financial institutions, announced its financial results for Q3 2022.

17.10 / 14:53

Adoption Investments Q3 Top crypto Germany leaves the US behind in top crypto economies in Q3: Report

Germany has become the most favorable crypto economy in the world in the third quarter of 2022, according to a new report. The United States, the joint top-rank holder from last quarter, fell six places to rank seventh on the top crypto economy.

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