Goldman Sachs Warns Earnings Bubble Could Threaten Stocks
Goldman expects corporate profit growth to slow rather than collapse, putting the focus on whether equity valuations can withstand weaker earnings momentum.
Every Zipp story tagged #Earnings, newest first.
Goldman expects corporate profit growth to slow rather than collapse, putting the focus on whether equity valuations can withstand weaker earnings momentum.
The Q4 print forces the market to price the gap between $4B in contracted AI cloud run-rate tied to 2026 capacity, of which only $1B is live, and a $684M net loss tied to mining hardware write-downs.
A reported $12.9B Hugging Face deal would extend Nvidia’s AI reach into open-source software, while supply constraints and memory costs define the next growth test.
Only nine S&P 500 companies have previously reported $100B or more in quarterly revenue, putting Nvidia's $108B guide in rare territory despite a 74% gross-margin outlook.
The result keeps AI infrastructure spending at the center of the semiconductor trade and raises the bar for future results.
Paper fair-value gains on the 9BIT token, not the operating business, made the quarter look profitable and unlocked a long-term bonus plan that could hand senior managers up to 12% of outstanding…
The Q2 print is bearish on its face, but the structural story is worse: trading volume fell two-thirds YoY, and AUM halved to $8.4B as the core crypto exchange business dwindles.
Stock at $24.63 trades below its $37 IPO and a fraction of last year's $74 peak, even as the company bets $4.2B on Equiniti to anchor a tokenized-securities pivot.
Record $62.7M subscription, services and other revenue cushioned softer trading, but the large reported loss keeps Bullish's earnings mix and full-year guidance in focus.
The crypto line is bleeding; the rest of the business is still growing. A 73% drop in July trades and a 50% smaller average ticket is the retail-engagement signal that won't wash out.
The proposed AI-era workforce overhaul carries a projected $450M-$500M restructuring bill, putting execution and Bitcoin-arm performance at the center of the investor read.
Analysts stayed constructive after the Q2 beat, but Mizuho's question cuts at whether the 40% headcount cut is actually translating to a leaner cost base.
88% of net revenue now sits outside Bitcoin spot trading, yet Coinbase's third straight quarterly GAAP loss shows that every replacement line it has built still earns more when balances grow and…
Bernstein backs the long-term strategy while flagging weak execution in newer lines; Mizuho flags Robinhood as the rising mainstream venue for retail crypto trading.
Analysts broadly blame a weak market, not execution, but they disagree on when trading volumes return. The record 10.3% market share gain and stablecoin push are the long-term offset.
The headline number masks the real story: Strategy is still buying bitcoin, cutting convertibles, and funding preferred dividends by selling a slice of its stack.
The print delivered record retail market share and a doubling of prediction-market volume, but a heavy reliance on non-bitcoin revenue and softer transaction income pushed shares lower.
Both transaction and subscription revenue came in light of consensus, but the real debate on the call will be whether recurring businesses can keep shrinking Coinbase's dependence on trading fees…
A 41% cut in one session signals how far the sell-side bar has moved on COIN, with Q2 earnings due and the diversification thesis now under formal pressure.
Crypto still represents a sliver of SoFi's $1.2B quarterly net revenue, but William Blair sees the segment helping drive a product growth inflection across the fintech.