By Amitesh Dhar Gemini Space Station reported total revenue of $45.5 million for the second quarter of 2026, up 37% from $33.3 million a year earlier. The increase came even as the company’s core exchange revenue declined, with services revenue providing a larger share of the quarter’s results. Gemini reported a net loss of $107.7 […]
Tag: EBITDA
Key highlights: SpaceX reported revenue of $7.8 billion, beating Wall Street estimates The company also saw a sharp rise in its AI spending in the past quarter Shares fell 7% after the earnings report SpaceX delivered a better-than-expected result in its first earnings report as a public company, but investors were not impressed. The company’s […]
Key highlights: Bernstein has cut its price target for Circle by $50, citing an uncertain revenue outlook The firm downplayed speculation that OpenUSD will affect Circle’s long-term share price CRCL is down by over 40% from its all-time high Global equity research firm Bernstein has slashed its end-of-year price target for CRCL stock to $140. […]