The ripple effect of the bearish sentiment in the US stock market has also contributed to the encompassing slump in the digital currency ecosystem.
Core Scientific experienced a four-day stock surge after one of its creditors offered to pull it out of its financial mess.
Online game creation system Roblox recently reported that its shares closed substantially lower following a weak November report update.
The latest Tesla shares sale by Elon Musk has been tipped to feature Twitter and the need for the billionaire investor to meet some credit obligations with which he financed the acquisition of the social media platform.
In Q3 2022, the company’s gross margin rose from 34% to 50%, while its EOP increased by 16% to 864 customers.
Having taken a prolonged beating, Tesla stock stokes fresh concern as Goldman cuts price target and Twitter worries alienate investors.
The Dow and other major indexes all saw a positive close to begin the week as the December Fed meeting beckons.
Although Oracle outperformed the consensus estimate for fiscal Q2 2022, the company provided a lighter-than-expected earnings forecast.
The GameStop Q3 2022 earning report showed poor figures that reflect reduced consumer spending on its products.
The digital currency ecosystem has recorded so many mishaps this year that it is now practically impossible for investors not to maintain a skeptical view of stocks across the board.
The overall slowdown in the ad industry is hurting Paramount’s profits to a considerable extent. The company also plans to bring together the streaming infrastructure for Paramount+ and Showtime.
The Dow Jones closed approximately 200 points lower in anticipation of Friday’s critical jobs report.
The highlight of the earnings call was the surprise announcement of the departure of Salesforce co-CEO Bret Taylor.
Tesla CEO Elon Musk was one of those who shared his sentiments on the likelihood of a recession next year.
Volta recently closed under 50 cents for the first time as a public company due to a cash crunch and the possibility of stock delisting.