By Marco Piccolo Key highlights: Opendoor stock is down 21% in pre-market trading after disappointing Q3 earnings and a weak Q4 outlook The company posted Q3 revenue of $915 million, beating estimates, but missed on EPS and adjusted EBITDA CEO Kaz Nejatian outlined a long-term path to profitability, but short-term losses and declining transactions rattled […]
Tag: EBITDA
By Marco Piccolo Key highlights: Kraken posted an all-time high of $648 million in Q3 2025 revenue, up 50% quarter-over-quarter and 114% year-over-year. The exchange’s robust growth spans product innovation, strategic acquisitions, and expanded user adoption. Kraken’s financial performance and recent $15 billion valuation strengthen the likelihood of a 2026 IPO. Crypto exchange Kraken has […]
By Marco Piccolo Key highlights: Beyond Meat (BYND) surged over 1,200% in less than a week before dropping to $4.31, showcasing extreme meme stock volatility. The rally was fueled by Walmart distribution news and inclusion in the Roundhill Meme Stock ETF, sparking a short squeeze. Despite the spike, Beyond Meat faces significant financial and operational […]