Qualcomm investors in the United States seem not to be confident in the news yet as the company’s shares are down.
The decision of the Federal Reserve to raise its benchmark interest rates three-quarters of a percentage point caused US stocks to advance.
JPMorgan estimates a substantial decline in Coinbase trading volumes and cut its rating on the exchange’s stock to neutral from overweight.
The US 10-Year Treasury Yield has shot to an 11-year high at 3.48%. Any further surge in bond yields is likely to drag the market down.
Business intelligence company MicroStrategy saw its stock price drop 23% after its Bitcoin holdings took a hit from the general crypto slump.
General Motors has plans to develop more price versions of its large SUVs and Silverado pickup.
Astra Space announced that it was not able to deliver NASA’s payload to orbit due to technical failures.
Oracle CEO Safra Catz commented on the company’s fiscal 2022 Q4 earnings result. She acknowledged the performance noting that total revenue grew 10% in constant currency.
Stock futures in the US fell by over 1% on the heels of a significant losing week for Wall Street. Global stocks also plunged.
One of the major drawbacks ELMS is currently experiencing is its inability to acquire new financing as well as a new set of auditors.
Tesla said that the stock split would help its employees and investors with more flexibility in managing their equity and thus maximize stockholder value.
After two consecutive days of rally, the US stock index futures take a dip as selling pressure builds ahead of Friday’s Key inflation data.
Peloton has adopted a number of strategies to beat its current bearish business outlook, a move that involves proactive cost-cutting measures and leadership change.
The survey concluded that the Fed’s quantitative tightening used to curtail inflationary threats could be bad for crypto and tech stocks.
America’s e-commerce giant Amazon will have a 20-to-1 stock split, post which, each stock will trade at $122. Analysts share the bullish outlook of this stock split.