Robinhood reports Q2 revenue down 44% YoY to $318M, vs $321M est., a $295M net loss, down from $502M YoY, and MAUs down 1.9M QoQ to 14M in June 2022
Robinhood CEO to lay off 23% of staff after Q2 loss Jay Peters / The Verge : Robinhood is firing nearly a quarter of its staff Tweets: Dare Obasanjo / @carnage4life : Robinhood is laying off 23% of it...
Qustodio analysis of 400K families: by the end of 2021, young users spent an average of 91 minutes on TikTok per day, surpassing the 56 minutes spent on YouTube
Sarah Perez / TechCrunch : Tweets: @chriskeall Tweets: Chris Keall / @chriskeall : Might as well be talking about cassette tapes when I raise Facebook with our teens https://twitter.com/...
Disney+ misses on Q1 subscriber estimates, reaching 103.6M subscribers vs. 109.3M expected; ESPN+ subscribers rose 75% YoY to 13.8M, Hulu grew 30% YoY to 41.6M
with one worrisome difference Christopher Baugh / iPhone in Canada Blog : Disney+ Sees Subscriber Growth Slow in Q1 2021 Shawn Knight / TechSpot : Disney+ finishes the quarter with 103.6 million subsc...
Oracle beats Q4 estimates with $10.9B revenue, up 3% YoY, as total cloud revenue reaches $1.36B, up 58% YoY; stock up 8%+ after hours
Oracle's pivot … Eric Jhonsa / TheStreet : Oracle Soars as Latest Earnings Suggest It Can Still Grow in a Cloud-First World Shaun Nichols / The Register : What hardware? Oracle is on cloud nine, er, ...