Porsche Sees Strongest Result in History in 2022 despite Global Economic Downturns

The automaker attained a new landmark in September 2022 with its largest IPO in Europe regarding market valuation. Luxury automobile manufacturer Porsche achieved record figures in 2022 as sales revenue grew from 33.1 billion euros in 2021 to 37.6 billion euros. In addition to its 13.6% gain, the company had an impressive operating profit in … Read more

Bakkt Q4 2022 Earnings Result Reveal Worse-than-Expected Adjusted Earnings

In its Q4 2022 report, fintech Bakkt also revealed plans to tie up its acquisition of crypto exchange Apex Crypto.  Bakkt (NYSE: BKKT) posted its Q4 2022 earnings, revealing a revenue haul of $15.6 million. Although this figure came in slightly below the consensus estimate of $16 million, it nonetheless represents a 14% increase year-over-year (YoY). However, the … Read more