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Although Wall Street had some of its best-performing days of the year after the 2024 presidential election results, that doesn’t ring true for every company. Indeed, Apple (APPL) may be set to struggle, as Bernstein says the company faces increased risks after Donald Trump’s reelection victory this month. Specifically, the management firm predicts increased difficulty for US-based hardware firms. They project that manufacturers are set to have earnings impacted by some of the policies that the returning president is planning when he once again takes over the Oval Office. Source: CNET Also Read: Apple: APPL to Take on Meta as They Explore Key Expansion Apple Earnings to be Affected by Trump Return, Bernstein Warns Apple has long remained one of the most prominent companies in the United States. Not only was it the first to reach a market cap of $2 trillion and $3 trillion, but it is seeking to outpace Nvidia (NVDA) to be the first to reach the $4 trillion mark. Yet, that coul...

Despite the anticipation for the company’s most recent Q3 earnings, Meta (META) has fallen nearly 5% Thursday as investors have expressed concern about the stock in 2025. Indeed, the stock price drop is likely connected to increased AI spending that has driven some concern on Wall Street. The earnings report had come in weaker than many experts had projected. Specifically, declining user numbers forr the Wednesday report had caught the eye of many. That figure, and questions regarding its trajectory have created the perfect storm that knocked the stock back significantly as the week nears its close. Source: CNBC Also Read: Meta (META) Q3 Earnings: Record Highs & Heavy Spending – What’s Next? Meta Q3 Earnings Cause Concern as 2025 Spending Looks to Grow Entering earning season, Meta looked to be in a positive place. The company had announced its Orion augmented reality glasses, looking to get a jump on the emerging market. Moreover, it has continued to integrate AI into its plethor...

In what is a testament to the power of the leading crypto, Michael Saylor’s MicroStrategy is nearing $7 billion in profit, driven by its continued Bitcoin investment. Indeed, the firm has embraced a BTC acquisition strategy. Subsequently, the asset’s continued growth has driven the company’s value upward in 2024. Saylor has remained one of the asset’s most outspoken advocates. The firm most recently purchased another $489 million worth of Bitcoin just a week ago. Moreover, that brings the company’s total BTC holdings to a value above $10 billion, with its strategy paying off massively this year. Source: Bloomberg Also Read: Michael Saylor’s MicroStrategy Raises $1B to Buy More Bitcoin MicroStrategy Nears $7 Billion in Profit as Bitcoin Bet Pays Off Big 2024 has proven to be a monumental year for Bitcoin. The token became the first crypto-based ETF in the United States and reached an all-time high of $73,000 just three months into the year. Although it has h...

The Coinbase earnings report shows that services and subscriptions are the exchange’s core revenue streams. Is this a positive or a negative? Coinbase, a leading U.S. cryptocurrency exchange , shared its second-quarter results on Aug. 3. Despite showing a net loss, some positives emerged, like a 13% cut in operating expenses from the last quarter and a 3% boost in its cash reserves to $5.5 billion.  Coinbase key financial metrics, in millions of dollars. Source: Coinbase However, the exchange took a hit with a $97 million net loss, worse than its previous quarter, and saw a 32% drop in its adjusted EBITDA to $194 million in Q2. Services and USDC stablecoin impact growth One downside was the 7% fall in subscription and service revenue from Q1. The letter to shareholders revealed that a 28% decrease in the USD Coin (USDC) market cap partly caused this. Since Coinbase holds a stake in Circle, USDC's issuer, it gains from the interest rate offered by the stablecoin reserves. Addition...