Q2 results
Coverage of Q2 results in the Nexus archive.
- Cathie Wood’s Ark Invest scoops up $17 million in Circle, $20 million in SpaceX shares following Q2 results
Cathie Wood’s Ark Invest acquired shares in Circle ($17 million) and SpaceX ($20 million) following Q2 results. Separately, SpaceX plunged as investors raised concerns regarding the firm's $18.4 billion in capital expenditure during Q2, even though revenue growth was observed.
- Netflix posts higher Q2 results but shares drop due to lukewarm forecast
Netflix reported higher second-quarter profits driven by new membership signups and price increases, but its shares declined due to a lukewarm forecast.
- Netflix posts higher Q2 results but shares drop due to lukewarm forecast
Netflix reported higher second-quarter profits driven by new membership signups and price increases, but its shares fell sharply in after-hours trading due to a revenue forecast below analyst expectations. The company's revenue grew 13% to $12.56 billion, and it withdrew its offer to acquire Warner Bros. Discovery's studio and streaming business in February.