Meta's metaverse division Reality Labs reported an operating loss of $4.49 billion in the second quarter

Riot Platforms loses money in second quarter, relies on cryptocurrency mining to reduce loss pressure

Riot Platforms faced a challenging Q2, with increased costs and decreased production following April's halving, leading to its first loss since 2022.

Crypto exchange trading volume report for the second quarter of 2024

In Q2 2024, the overall Crypto market showed a volatile downward trend, and the price of Bitcoin also hit a low of $55,000. So, what is the situation of the exchange market?

Coin Metrics: Overview of digital assets in the second quarter of 2024

The second quarter of 2024 saw a complex digital asset landscape marked by regulatory developments, technological milestones, and changing market dynamics.

Trump raised $331 million in the second quarter, surpassing Biden's fundraising

The challenger now has more cash on hand than incumbent Biden; the stock market rose as Biden's campaign faced criticism after a poor debate.

Bitcoin approaches $70,000 in second quarter, historical highs in focus

Bitcoin gained about $1,000 in the second half of the day, seemingly helped by comments from Federal Reserve Chairman Jerome Powell.

Meta's Reality Labs Reports $3.7 Billion Loss in Q2, Stays Committed to Metaverse

Meta's latest earnings results, released on Wednesday, divulged that the unit managed to garner $276 million in revenue for the same quarter, a decline from last year's $452 million.

Sushi Plans Derivatives Exchange on Sei Blockchain for Second Quarter

Meta in Talks With Tencent to Target Chinese Metaverse Market

Meta has engaged Chinese software firm Tencent to distribute its Meta Quest VR headset despite Meta's Reality Labs losing 17% of revenue in Q4 last year.

Data review of the encryption market in the second quarter

Meta’s Reality Labs posts $2.9B loss: ‘I recognize it’s expensive,’ says Zuck

Meta’s Reality Labs division posted a $2.9 billion loss in Wednesday’s Q1 earnings call, but Zuckerberg remains optimistic about future profitability from the Metaverse.