SoftBank tumbles to loss as Vision Fund in red for fourth straight quarter By Reuters

[ad_1] © Reuters. FILE PHOTO: The logo of SoftBank Group Corp is displayed at SoftBank World 2017 conference in Tokyo, Japan, July 20, 2017. REUTERS/Issei Kato/File Photo By Kiyoshi Takenaka TOKYO (Reuters) -Japan’s SoftBank Group Corp fell to a quarterly loss on Tuesday, as its giant Vision Fund investment unit remained in the red for … Read more

Earnings: Take-Two Interactive (TTWO) slips to loss in Q3 despite higher revenues

[ad_1] Gaming company Take-Two Interactive Software, Inc. (NASDAQ: TTWO) announced third-quarter 2023 results Monday after the closing bell, reporting a net loss and strong revenue growth. Third-quarter revenues rose 56% annually to $1.41 billion from $903.3 million in the corresponding period of 2022. Net bookings moved up 60% to around $1.38 billion. Meanwhile, the company … Read more

MicroStrategy says no plans to stop trading BTC as paper loss hits $1.3B By Cointelegraph

[ad_1] © Reuters. Software analytics company MicroStrategy recorded a paper loss of over a billion dollars on its (BTC) holdings in 2022 but says it has no plans to stop trading the digital asset. MicroStrategy released its 2022 Q4 and year-end earnings on Feb. 2 showing the recorded impairment charges on its BTC holdings, net … Read more

Oil heads for weekly loss awaiting China recovery signs By Reuters

[ad_1] © Reuters. FILE PHOTO: The Imperial Strathcona Refinery which produces petrochemicals is seen near Edmonton, Alberta, Canada, October 7, 2021. REUTERS/Todd Korol/File Photo By Sonali Paul MELBOURNE (Reuters) – Oil prices made modest gains in early trade on Friday but were heading for a second straight week of losses, as the market looked for … Read more

Amazon stock falls as least profitable holiday quarter since 2014 leads to its worst annual loss on record

[ad_1] Amazon.com Inc. reported its least profitable holiday quarter since 2014 on Thursday, leading to the biggest annual loss on record for the e-commerce giant, which also disappointed Wall Street with its forecast amid concerns about cloud growth. Amazon AMZN, +7.38% reported a holiday profit of $278 million, or 3 cents a share, down from … Read more