earnings miss

Cerebras Syst

2026-08-13 08:13:26

AI Chip Maker Cerebras Systems Drops 17.3% in Premarket After Q2 Revenue Miss

Shares of Cerebras Systems, an AI chip maker, fell 17.3% in U.S. premarket trading on Aug 13, according to BIT (Bit.com). The drop came after the company's second-quarter revenue missed expectations. BlockBeats reported the flash news.

1170

Betsson

2026-07-08 21:30:17

Betsson Shares Tumble Nearly 20% as Q1 Profit Plunges 47% on B2B Revenue Fall

Swedish online gambling giant Betsson AB saw its stock drop up to 20% on Wednesday after preliminary Q1 results showed operating profit fell 47% year-on-year to €34 million, driven by a 43% slump in B2B license revenue. Latin American growth of 24% failed to offset declines in core regions.

450

Betsson

2026-07-08 21:26:14

Swedish Gambling Giant Betsson Q1 Profit Sinks 47% on B2B Revenue Slide; Shares Plunge 20%

Swedish online gaming operator Betsson AB reported a 47% drop in Q1 2026 operating profit to €34 million, driven by a 43% plunge in B2B licensing revenue. Shares tumbled up to 20% intraday before closing 14.4% lower at SEK 90.10. Latin America revenue rose 24%, partially offsetting weakness in CEECA.

460

crypto stocks

2026-06-28 04:01:16

Crypto Stocks Plunge 69%-72% Far Exceeding Tech Stocks: Coinbase Earnings Miss, BTC and ETH Under Pressure

In the broader tech stock selloff, crypto-related equities suffered even steeper declines, with Coinbase (COIN) and Circle (CRCL) down 69% and 72% from all-time highs, compared to 48%-57% drawdowns for major tech names. Coinbase Q1 revenue fell 21% QoQ, posting a loss of $1.49 per share versus expected profit. Bitcoin dropped below $60,000 and Ether fell to ~$1,500. 21Shares lowered its 2026 crypto market outlook, noting the four-year cycle remains intact. The selloff reflects triple pressure from weak market sentiment, regulatory uncertainty, and AI disruption.

1290