Coinbase Shares Plunge Following SEC Enforcement Action against Kraken
Leading exchange Coinbase suffered a marked decline in the value of its shares due to an SEC staking action against a rival exchange.
This category covers crypto market news today, including crypto index trends, major exchange data, capital flows, sentiment shifts, regulation impact and crypto’s interaction with traditional finance. Designed to help you understand the forces driving valuation across tokens, sectors and regions.
Leading exchange Coinbase suffered a marked decline in the value of its shares due to an SEC staking action against a rival exchange.
Lyft expects to realize about $975 million in revenue in fiscal Q1 2023.
Yahoo has announced that about 1,000 of the 20 percent job cuts will be implemented by the end of this week.
Beverage giant PepsiCo has posted its Q4 2022 results, revealing a commendable outing amid inflation-triggered product price hikes.
The impressive revenue and profit report by Siemens is proof that legacy companies are seeing a return to normalcy around the world.
With the next key monetary policy meeting slated for March, analysts’ gazes are fixed on the announcements from the Fed.
Increasing interest in OpenAI’s ChatGPT initiative has sent the stocks of several Chinese-based AI companies skywards.
However, some analysts believe the new Google AI-powered Bard will outshine its competitors like Microsoft by a huge margin in the future.
On the financial outlook for the year, Robinhood expects its full-year total operating expenses to fall between $2.375 billion and $2.515 billion.
Should the deal be allowed to fly, the regulator fears the company will limit the blockbuster titles from Activision Blizzard to its console alone.
Disney CEO Bob Iger believes the company’s fiscal Q1 2023 earnings report points towards sustained growth and profitability.
Stock trading app Robinhood recently announced plans to buy back a sizable SBF HOOD stake in conjunction with the DOJ.
Should CVS Health secure the needed approval to acquire both Oak Street and Signify Health, it will unleash a new dawn for the company.
During the last year of 2022, Maersk benefitted greatly from the surge in ocean freight rates. In its forward-looking guidance for 2023, the Danish shipping giant is expecting a drop in the EBITDA.
BitFuFu postponed its public listing, following stablecoin issuer Circle which terminated its intention to go public in December.