Recent court documents filed in the bankruptcy cases of Voyager Digital and Celsius Network reveal the financial ruin potentially facing customers of both companies. “The money that my wife and I were hoping to use for our young daughter’s education in the future is now locked up,” Niraj, a Voyager customer, wrote in a statement […]
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Q2 GAAP Revenues of $42.7 million; Operating Revenues of $266.6 million Q2 GAAP Net Loss of ($142.2 million), Operating Adjusted EBITDA of $74.2 million Declares Quarterly Dividend of $1.00 per common share LOS ANGELES, July 28, 2022 /PRNewswire/ — B. Riley Financial, Inc. (NASDAQ: RILY) (“B. Riley” or the “Company”), a diversified financial services platform, […]
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Discover Financial Services DFS reported second-quarter 2022 adjusted earnings of $3.96 per share, which beat the Zacks Consensus Estimate by 5.6%. However, the bottom line plunged 29% year over year. DFS’s revenues — net of interest expenses — amounted to $3,224 million, which declined 10% year over year. However, the top line beat the consensus […]
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International Business Machines Co. (NYSE:IBM – Get Rating) – Equities researchers at Jefferies Financial Group dropped their Q3 2022 earnings estimates for International Business Machines in a note issued to investors on Tuesday, July 19th. Jefferies Financial Group analyst K. Mcnealy now anticipates that the technology company will post earnings of $2.33 per share for […]
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Bola SokunbiPhoto: Caroline Beffa You can chose to prosper. Yes, you heard us right. Success is not accidental, but something that we intentionally set out to do, that’s according to Bola Sokunbi. Sokunbi is a Certified Financial Education Instructor, finance expert and bestselling author. She is also the founder and CEO of Clever Girl Finance, […]
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Over the last few years, social media influencers have gained immense prominence as a larger number of users continue joining social media platforms. These influencers create content in the form of photos, and short and long-form videos, usually focusing on a particular topic. For instance, some influencers focus on wellness, while others focus on fitness, […]
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Startups say the challenges of achieving scale have been compounded by the volatile economic and financial environment. Earlier-stage companies say they are working harder to conserve cash, boost efficiency and retain customers. “I think what changed for startups is the assumption that you are going to raise money every 12 months like we had in […]
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