Tata Play's net loss increased to ₹551 crore in FY26 due to declining DTH subscribers migrating to free platforms and streaming services. Revenue fell 13.5% amid a dispute with Sony Pictures Networks India, impacting market share.
Meituan reported a net loss of 4.97 billion yuan for Q1, its third straight losing quarter. However, a 7.6 billion yuan gain from investments, notably in Zhipu (Z.ai), offset the loss. Meituan's shares rose over 9% following the announcement.
Meituan reported a 5.6% year-on-year revenue increase to 91 billion yuan (US$13.45 billion) for the first quarter. CEO Wang Xing highlighted overseas expansion, particularly the Keeta food delivery business in the Middle East, and AI initiatives.
AI Financial Corp. reported a $271.5 million Q1 net loss, citing a working capital deficit and liabilities that cast doubt on its ability to continue operations. The company's significant holdings in World Liberty Financial (WLFI) tokens have depreciated substantially.
Bitcoin miner Canaan's Q1 net loss widened to $88.7M on revenue down 68% QoQ to $62.7M. The firm is cutting costs and shifting focus to AI and high-performance computing infrastructure.
Bitcoin miner Canaan reported an $88.7 million net loss for Q1 2026 due to falling BTC prices and a $25M inventory write-down. Revenue dropped to $62.7M, with industrial mining equipment sales down 75%.
Afcons Infrastructure's stock dropped 9% after reporting a net loss of Rs 89 crore in Q4 FY26, a significant fall from the previous year's profit. Revenue also declined 18%, missing revised full-year guidance.
Strive's shares increased 5.8% after the company announced it will offer daily dividends from June 16, funded by its Bitcoin treasury, and reported being debt-free after Q1 2026.
Upexi's shares fell 8.16% after reporting a $109 million Q3 net loss, driven by $92.3 million in unrealized crypto losses, despite 46% revenue growth to $4.6 million, largely from crypto staking.
Exodus Movement reported a $32.1 million net loss in Q1, with revenue down 36.8% to $22.7 million amid a drop in monthly active users.
A Bitcoin whale is down $13 million as BTC price rebounds 40% from February lows, but the trader continues to stand by the short position
Bakkt posted a net loss of $0.41 per share in Q1 as revenue fell 77% to $243.6 million on lower crypto trading volumes.
CleanSpark posted a $378.3 million net loss in its fiscal second-quarter results, more than double the prior year, with nearly 60% tied to Bitcoin price declines.
Sharplink posted a quarterly net loss of nearly $686 million, but shares are up following word of a $125 million collaboration with Galaxy.
Trump Media’s $405.9 million net loss was driven mostly by unrealized losses on Bitcoin bought at last summer’s peak and Cronos tokens acquired through a Crypto.com deal.
TeraWulf’s HPC lease revenue jumped 117% quarter-on-quarter to $21 million, but a $427 million net loss highlights the costs of transitioning from Bitcoin mining to AI infrastructure.
Publicly traded Bitcoin miner and data center operator TeraWulf reported a hefty net loss in Q1 as its AI revenue took over from BTC.
Paramount agreed to pay a Netflix termination fee, but the cost lives on WBD's books until the close of the deal.
Strategy reported a massive first-quarter loss after Bitcoin’s early-year drawdown overwhelmed its software revenue, even as Michael Saylor pointed to internal Bitcoin metrics showing continued gains in shareholder exposure. The company, formerly known as MicroStrategy, reported a net loss attributable to common stockholders of $12.77 billion, or $38.25 per diluted share, for the first quarter. […] The post Strategy posts $12.7 billion Q1 loss as Saylor points to $5 billion Bitcoin gain appeared first on CryptoSlate.
Strategy reported a massive first-quarter loss after Bitcoin’s early-year drawdown overwhelmed its software revenue, even as Michael Saylor pointed to internal Bitcoin metrics showing continued gains in shareholder exposure. The company, formerly known as MicroStrategy, reported a net loss attributable to common stockholders of $12.77 billion, or $38.25 per diluted share, for the first quarter. […] The post Strategy to “sell some Bitcoin” after posting $12.7 billion Q1 loss as Saylor points to $5 billion Bitcoin gain appeared first on CryptoSlate.
SEOUL, May 6 (Yonhap) -- U.S.-listed e-commerce giant Coupang Inc. said Wednesda...
SEOUL, May 6 (Yonhap) -- U.S.-listed e-commerce giant Coupang Inc. said Wednesda...
SEOUL, May 6 (Yonhap) -- U.S.-listed e-commerce giant Coupang Inc. said Wednesda...
SEOUL, May 6 (Yonhap) -- U.S.-listed e-commerce giant Coupang Inc. said Wednesda...
