earnings
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,
TuSimple addresses autonomous truck crash during Q2 earnings call
Autonomous trucking company TuSimple used its second-quarter earnings call to address an April crash during which one of the company’s autonomous trucks suddenly veered across the I-10 highway in Tu
Tinder to kill virtual currency, metaverse plans amid Match Group earnings loss; Tinder loses its CEO
Dating giant Match Group announced a series of changes to Tinder’s management team alongside the announcement of disappointing second-quarter earnings on Tuesday. Notably, Tinder CEO Renate Nybo
Uber turns the corner, generates massive pile of free cash flow in Q2
The question of whether Uber would be able to self-support was at least partially answered Tuesday with the company’s second quarter earnings report. In its Q2 digest, the American ride-hailing
Public tech’s espresso shot is quite literally the cloud
Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Last week we said that you needed to pay attention to the publ
The biggest story from Big Tech earnings is the sheer growth power of public cloud
When the Big 3 cloud infrastructure vendors — Amazon, Microsoft and Google — reported their earnings this week, it was clear that the cloud is helping keep their overall numbers up.
Roku points finger at advertising slowdown for missing the mark on quarterly results
In this current climate, Roku needed a win. Despite the company reporting total net revenue growth of 18% year over year to $764 million– a nice increase from $737.7 million last quarter — the
Apple’s services revenue growth slows to $19.6B in Q3, reaches 860M paid subscriptions
Apple released its third-quarter earnings on Thursday and reported $19.6 billion in services revenue, marking a 12% year-over-year increase, but narrowly falling short of Wall Street predictions of ab
Amazon’s shares rise on earnings beat, despite $2B loss
E-commerce giant Amazon reported its second-quarter results today, and despite inflation and a net loss of $2 billion, the results were surprisingly better than expected. All of the loss is chalked up