earnings

Why Ford will have to eat an extra $1B in supplier costs this quarter

Ford said Monday that supplier costs will be $1 billion higher in the third quarter than expected due to rising inflation and persistent supply chain problems. Ford also disclosed that supply shortage

Helbiz reports revenue increase but dwindling cash reserves

Helbiz started out as a shared micromobility company but has since expanded to include ghost kitchens, media streaming and, most recently, a taxi service. The company reported its second-quarter earn

Bird burns $310M but sees revenue bounce back

Shared micromobility company Bird has had a tumultuous second quarter. The company announced plans to dismantle its retail business, shut down operations in unprofitable markets, had a corporate shake

5 things you may have missed in Disney’s latest earnings

Disney is arguably doing a few things faster or better than Netflix. But the House of Mouse is also bracing for changes that will affect the entire streaming sector and justify some broader caution.

Rivian delivers on Q2 revenue, expects loss to widen another $700M

Rivian is holding on tight to its goal of delivering 25,000 electric vehicles by year’s end, but to get there it now anticipates to burn an extra $700 million. The automaker tucked the revised g

Parsing Coinbase’s regulatory risk

While Coinbase is clear that it believes it is not in material danger due to the regulatory scrutiny, as a public company, it has to talk about what could go wrong. Let's discuss.

Disney+ soars to 152.1 million subscribers after adding 14.4 million in Q3

The Walt Disney Company reported on Wednesday that total Disney+ subscriptions rose to 152.1 million during the company’s third quarter, posting better-than-expected results. The streaming servi

Not to jinx it, but SaaS valuations appear to be staging a recovery

We can infer from the data that not only are SaaS multiples recovering, but double-digit revenue multiples are back, baby!

5 takeaways from Coinbase’s disappointing Q2 results

Coinbase is having to defend its model to investors who may have bought into its stock when it was trading much higher. And per its own notes, the bad times are not about to end any time soon.

Coinbase’s earnings fall short of expectations as crypto winter rages

Investors shrug, implying the bad news was priced-in

Canoo burns cash in race to hit $1B EV sales goal

Electric vehicle company Canoo’s second-quarter results, like its first-quarter results, show a pre-revenue company that’s burning through cash. However, last quarter, Canoo was warning it

How 3 tech companies are navigating a complicated macro environment

We talked to the CEOs of Appian, Amplitude and BigCommerce about how to best navigate the present market conditions in terms of investment and caution.

How to lose money, SoftBank edition

Alex and Grace are back to cover the biggest and most interesting technology, startup and market news. This morning was a fun mix of stuff that we don’t always get to, so strap in for the foll

The Station: Rounding up the Tesla Cyber Roundup, a Waymo change up and the mysterious disappearance of Bolt Mobility

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Welcome back to The Station, your cen

Lyft rides post-COVID recovery to record earnings, but faces inflationary headwinds

Ride-hail giant Lyft reported strong second-quarter earnings Thursday. Earlier this year, investors had been skeptical of Lyft’s ability to offset the costs of increased investments to attract a

HBO, HBO Max and Discovery+ report a combined total of 92.1M subscribers, plans for major restructuring

Warner Bros. Discovery revealed its second-quarter results — its first quarterly earnings since the $43 billion merger. The total number of direct-to-consumer subscribers across HBO, HBO Max and

Paramount+ grows to 43 million subscribers as other streaming services fall short

Paramount Global reported this morning that its streaming service Paramount+ had a net add of 3.7 million subscribers to bring its global total to 43.3 million, up from 39.6 million last quarter. The

Kakao says emoji subscription purchases fell by a third due to Google’s new in-app policy

The number of emoji subscription purchases on the South Korean messaging app KakaoTalk has dropped by a third over the year, parent firm Kakao said in quarterly earnings call Thursday. It blamed Googl

Starbucks to unveil its web3-based rewards program next month

Starbucks will unveil its web3 initiative, which includes coffee-themed NFTs, at next month’s Investor Day event. The company earlier this year announced its plans to enter the web3 space, notin

Sling TV continues to drop subscribers, loses 55K subscribers in second quarter

Dish reported today that its streaming service Sling TV declined in subscribers during the second quarter of 2022, with a net loss of 55,000. This significantly differs from the first quarter of 2022,
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