Without naming the investors, Canoo said it would sell 50 million new shares, together with warrants that allow the investors to have the option to buy up to an additional 50 million.
Pinterest experienced an initial 12% decline in stock value following its less-than-expected Q4 2022 revenue haul.
Activision realized higher-than-expected net bookings of $3.57 billion for Q4 2022 as it hopes to conclude its Microsoft deal in June.
Since the beginning of 2023, the Nasdaq index is up by 15.60% in one of the major recoveries after last year’s downfall.
While the Japanese government’s pension fund, the largest in the world posted its losses, there are a number of global business outfits that are recording similar losses.
While the current subject of the probe into Silvergate Bank appears speculative at this time, there is a deep tie between the financial institution and FTX.
The S&P Dow Jones is removing Adani from its index, further adding to the Indian conglomerate’s mounting woes.
Alphabet posted a less-than-savory Q4 2022 report that reflects the current tech downswing and looming recession.
Positive Meta developments, including a good Q4 outing and rousing Zuckerberg’s comments, saw shares attain a decade-long positive phase.
The company is planning to capitalize on its most active market, the United States.
The Coinbase stock has rallied by more than 142% year-to-date as of Thursday’s closing. Stocks of several crypto firms witnessed a healthy recovery last month.
Despite a new interest rate hike by the ECB, markets climbed 3.1% with hopes that an end to rate increases is in sight.
Ford reported total revenues of $44 billion, thus a net income of about $1.3 billion for Q4 2022.
Amazon anticipates net sales to come in between $121.0 billion and $126.0 billion, which will represent a growth of between 4% and 8% compared with the first quarter of 2022.
Apple stopped sharing performance guidance during the COVID-19 era and the firm declined to do so also this time.