What Drove Hut 8 Earnings Beat? 4 Analysts Provide Their Q1 Takeaways
Hut 8 Corp reported financial results Wednesday after merging with U.S. Bitcoin Corporation (USBTC) in November 2023.
How Cisco Systems Performed Ex-Spunk, 8 Analysts Weigh In On Q3 Earnings: Here’s Where ‘Upside Primarily Came From’
Cisco Systems shares declined after earnings were released, with one analyst noting hwo upside primarily came from services, not product.
Rumble Is ‘Still Looking For Q2 Revenue Improvement,’ Says Analyst
Rumble Inc (NASDAQ: RUM) shares tanked after Q1 results, with improved monetization but declining engagement. Analyst maintains perform rating.
Will Home Depot Continue To Weather Macro Challenges? ‘Continued Softness In Discretionary Projects,’ But ‘Compelling Recovery Opportunity’ Say Analysts
Home Depot shares up despite disappointing sales. Analysts expect comp performance to improve in back half of year. Gross margins expand.
Alibaba Analysts Look For Signs Of Q4 Rebound: ‘Cloud Business Could Double-Digit Growth In 2025’
Alibaba reported 7% year-on-year revenue growth — a "solid" beat. Analysts acknowledge "margin uncertainties in the coming quarters."
Tencent Music Entertainment Q1 Subs Hit Record High, 2 Analysts Raise Forecasts
Tencent reported "strong" results, "with Core music revenue growth beating by 5 points on record-high subscriber net adds and advertising outperformance."
Plug Power Analyst Says Loan Commitment De-Risks Hydrogen Stock
Plug Power received a $1.66B loan commitment from U.S. DOE, boosting stock. Analyst maintains Neutral rating, citing near-term catalysts.
Cisco Systems Q3 Preview: Analysts Anticipate ‘Stabilizing Core Business Trends’
Cisco (NASDAQ: CSCO) launches Hypershield for increased security of data centers and clouds. Analysts predict a beat in third-quarter results.
Ibotta Has ‘Significant Revenue Upside’: 4 Analysts Begin Coverage
Ibotta is the biggest US platform for digital rewards, connecting 2,400 brands to shoppers who earn cashback for purchases.
Penn Entertainment’s Losses Could Be ‘Higher For Longer,’ Analyst Says
Penn Entertainment shares rose despite disappointing Q1 results and low market share. BofA Securities downgrades to Buy.