Dossier
Wall Street estimates
Coverage of Wall Street estimates in the Nexus archive.
- Galaxy reports $85M net loss amid Q2 crypto market slump
Galaxy Digital reported an $85 million net loss due to falling digital asset prices and $8.7 billion in revenue that fell short of Wall Street estimates during the Q2 crypto market slump.
- Uber profit narrowly beat forecasts as trips across its platform surge
Uber's second-quarter profit narrowly exceeded Wall Street forecasts as increased passenger trips and deliveries drove revenue growth. However, the company's shares fell early Wednesday despite the earnings beat.
- Reddit Projects Strong Sales, But No New AI Deals
Reddit Inc. projected current-quarter revenue exceeding Wall Street estimates, but its shares declined due to the absence of new data licensing agreements.