Tag: losses

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SoftBank nets $16 billion on Arm earnings, exceeding losses in WeWork

Billionaire Masayoshi Son, chairman and chief executive officer of SoftBank, which owns Arm, speaks during a news conference in Tokyo, July 28, 2016.Tomohiro...

Bitcoin losses accelerate after ETF launch, ether posts a 15% weekly gain

Bitcoin slid on Friday to end an otherwise momentous week for the cryptocurrency, with the launch of 11 bitcoin exchange-traded funds in the...

JetBlue forecasts ongoing losses, Spirit antitrust trial begins

The JetBlue drop-off area at New York's LaGuardia Airport on Oct. 31, 2023.Leslie Josephs/CNBCJetBlue Airways stock tumbled to a nearly 12-year low Tuesday...

SoftBank-backed Improbable slashes losses by 85% after metaverse pivot

Herman Narula, co-founder and CEO at Improbable, speaks during a session at the Web Summit in Lisbon.Henrique Casinhas | Sopa Images | Lightrocket...

Carousell says on track to profitability, set to reduce losses in 2023

Secondhand goods marketplace Carousell expects to "healthily" reduce its losses this year, putting it on track to profitability, the firm's CEO told CNBC."This...

Buy now, pay later firm Klarna reduces losses by 67%, revenue up 21%

Swedish buy now, pay later firm Klarna reduced its losses by roughly 67% in the first half of 2023, as the company dramatically...