Despite the sustenance of its performance quarter on quarter, Zoom remains cautious and refused to give a forecast for the 2024 fiscal year as it continues to battle unique headwinds that have continued to weigh down on its operations.
On Monday, as the Coinbase (COIN) stock touched its new all-time low, Ark Investment added an additional $56 million worth of stocks.
The tighter crude supplies in Europe are easing up as refiners are filling up the stock ahead of the December 5 European Union embargo on Russian crude.
US stocks are seeing a lower close to begin the thanksgiving holiday season, with all three major indexes slipping up.
The shares of Walt Disney (DIS) may benefit and see more upward momentum before the end of the year as Iger is expected to draw on his cross-industry experience to introduce new features into the company’s core business offerings.
It is very easy to use the bonds of publicly traded crypto-exposed firms like Coinbase and MicroStrategy to judge the health of the market, and perhaps, monitor its growth.
Goldman Sachs says that it cut its oil forecast by $10 due to some macroeconomic factors regarding China and Russia.
China experienced abnormal logistics and delivery services due to COVID-19 protocols which led to major drop in sales for Alibaba last quarter.
Amazon CEO Andy Jassy published a note on staff layoffs, adding that the process would extend into 2023.
Gap reported net sales of $4.04 billion, up 2% compared to the prior year.
BrightDrop has a reservation count of over 25,000 EV units from large fleet operators, including FedEx and Walmart.
Nvidia said its gaming sales for the fiscal Q3 were $1.6 billion, over analysts’ expectations of $1.4 billion.
The internet company has faced several challenges this year. One of them was the ban introduced on its prominent Free Fire game in India in early 2022.
The United Kingdom is currently in one of the most troubling recessions on record as the Bank of England has continued to exert monetary policies to control inflation.
Coinbase chief executive Brian Armstrong recently sold over $1.6 million in shares, according to an SEC filing.