Category: Revenue
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Nike withdraws annual revenue forecast, shares drop 6% By Reuters
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(Reuters) – Nike pulled its annual revenue forecast on Tuesday and missed quarterly revenue estimates as the sportswear giant battles weak demand for shoes amid intense competition from newer brands globally, sending its shares down 6% after hours. It had previously forecast a mid-range percentage decline in annual revenue. The…
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Revenue sharing Rollblock surges 200% in presale
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Disclosure: This article does not constitute investment advice. The content and materials contained on this page are for educational purposes only. Ethereum and Dogecoin are struggling, while Rollblock is thriving with a 200% pre-sale increase, offering unique revenue sharing. The price of Ethereum and Dogecoin have been recording dismal price…
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Revenue sharing Rollblock surges 200% in presale
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Disclosure: This article does not constitute investment advice. The content and materials contained on this page are for educational purposes only. Ethereum and Dogecoin are struggling, while Rollblock is thriving with a 200% pre-sale increase, offering unique revenue sharing. The price of Ethereum and Dogecoin have been recording dismal price…
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CarMax beats second-quarter revenue estimates on higher unit sales By Reuters
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By Ananta Agarwal (Reuters) – Used car retailer CarMax Inc beat Wall Street estimates for second-quarter revenue on Thursday as price cuts on used vehicles boosted unit sales, especially in the retail segment, sending its shares up 6.4 percent in afternoon trading. Used car dealerships have had a rocky ride,…
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New altcoin’s revenue share model captures attention of SOL, AVAX whales
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Disclosure: This content is provided by a third party. Crypto.news does not endorse any product mentioned on this page. Users should do their own research before taking any actions related to the company. Crypto whales from Solana and Avalanche are turning to Rollblock, a no-KYC crypto casino project with a…
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New altcoin’s revenue share model captures attention of SOL, AVAX whales
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Disclosure: This content is provided by a third party. Crypto.news does not endorse any product mentioned on this page. Users should do their own research before taking any actions related to the company. Crypto whales from Solana and Avalanche are turning to Rollblock, a no-KYC crypto casino project with a…
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Non-tax revenue from parastatals post biggest increase on mop-up
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New data from the National Treasury showed that the money the government generates from non-tax sources such as service charges, as well as absorbing surplus funds from parastatals, more than quadrupled in the first two months of the year. The Treasury said in its monthly disclosures that non-tax revenue for…
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Meru goes digital to plug revenue leaks
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The Meru County Government has updated its cashless revenue system to allow residents to pay all licenses and fees from the convenience of their phones. To pay parking fees and other permits in Meru, residents are required to use the USSD code *412# on their phones. Payments can also be…
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Avalanche Revenue Down Over 40% In Q2
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This article is also available in Spanish. Avalanche (AVAX) had a poor Q2 2024 performance by several measures, seeing a significant drop in market cap along with declining revenue generation. Related reading A recent report from Messari noted that AVAX has faced a severe correction after two quarters of consistent…
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Avalanche Revenue Down Over 40% In Q2
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This article is also available in Spanish. Avalanche (AVAX) had a poor Q2 2024 performance by several measures, seeing a significant drop in market cap along with declining revenue generation. Related reading A recent report from Messari noted that AVAX has faced a severe correction after two quarters of consistent…
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Efficient operations: Five core business areas where AI can drive revenue and unlock growth
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According to the United Nations, AI has the potential to contribute up to $15.7 trillion to the global economy by 2030, with Africa potentially generating $1.2 trillion of that. With the potential to unleash significant growth and development in key industries across the continent, AI is changing the way businesses…
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Musk’s xAI in talks for share in future Tesla revenue, WSJ reports By Reuters
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(Reuters) – Elon Musk’s artificial intelligence company XAI has held talks about a stake in Tesla’s future revenue in exchange for giving Musk’s electric carmaker access to XAI’s technology and resources, the Wall Street Journal reported on Saturday. Tesla will license xAI’s AI models to help power its full self-driving…
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3 out of 5 companies miss revenue estimates this week – Earnings Scorecard (NASDAQ:DLTR)
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The S&P 500 (SP500) fell 4.25% during the holiday-shortened week, marking its worst weekly performance since early March 2023. Nonfarm payrolls data showed weaker-than-expected job growth in August and significant downward revisions to figures for June and July. The inflation data raised further concerns about growth and sparked debate among…
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17EdTech reports strong Q2 revenue growth amid challenges By Investing.com
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17EdTech, a leading provider of educational technology solutions, has reported a significant quarter-to-quarter revenue growth of 165% in the second quarter of 2024. The company’s Chief Financial Officer, Michael Du, highlighted the robust progress in the core business, driven by expansion and contract winnings in new potential areas. Despite the…
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Volvo Cars scales back margin and revenue ambitions By Reuters
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By Mary Manis and Nick Carey (Reuters) – Swedish carmaker Volvo Cars cut its margin and revenue ambitions for the second time in a year on Thursday, a day after abandoning its electric-only target as tariffs and weak demand for electric vehicles continue to weigh. Slowing demand for electric vehicles,…
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Tron Users Reaches Consensus On SunPump Protocol Revenue Distribution
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As the Tron ecosystem continues to experience massive adoption, the community has successfully reached deal About the Sun Pump Protocol Revenue Allocation Strategy Presented by the Project Founder Justin Sun. This agreement represents a major turning point for the TRON network as community members agree on how the generated funds…
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Tron Users Reaches Consensus On SunPump Protocol Revenue Distribution
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As the Tron ecosystem continues to experience massive adoption, the community has successfully reached deal About the Sun Pump Protocol Revenue Allocation Strategy Presented by the Project Founder Justin Sun. This agreement represents a major turning point for the TRON network as community members agree on how the generated funds…
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Pump.fun hits $100m revenue, but users criticize unsustainable model
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Solana’s Pump.fun platform has generated over $100 million in revenue since its launch in January, but users are unsure if the milestone is good for cryptocurrencies and decentralized finance. It took 217 days, or nearly seven months, for the Solana (SOL) memecoin to launch. achieves Pump.fun has achieved record revenue,…
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Israelis stay home and boost retail revenue and profit
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The second-quarter financial results of most Israeli retailers showed that the war is good for business. With fewer Israelis traveling abroad for vacation, the money stayed in the local economy, benefiting shopping malls, fashion chains and food chains. Alongside this, there was a drop in sales at discounts and special…