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.
For the fourth quarter of the last year, Spotify reported 3.17 billion euros ($3.43 billion) in revenue, which is 18% up from the year-earlier period.
BlackRock’s support comes at a time when Silvergate Bank has been going through a pretty rough phase following the implosiong of crypto exchange FTX.
PayPal CEO has noted that the 2000 job cuts should have helped the company save $900 million last year and at least an additional $1.3 billion in 2023.
In 2022, Snap experienced a rocky year from Q1 to Q4 due to the weak economy that caused many businesses to cut back on digital ad budgets.
AMD said client segment revenue dropped 51% YoY to $903 million in 2022 Q4.
Despite surpassing expectations in 2022 Q4, some economists are projecting that the euro zone could transit into a recession later this year.
Market specialists expect a Fed rate hike of 25 basis points as the battle against inflation continues.
According to UBS, it expects a better Q1 as a result of the growing impact of the interest rate slowdown, as well as the easing of COVID-19 restrictions in China and other Asian countries.
Ford has reduced its Mustang electric vehicle prices and is driving up production to match Tesla’s announced lead.
Ryanair said that they witnessed very strong bookings for the summer of 2023 with passenger bookings likely to touch a new all-time high.
Adani founder and chairman, Gautam Adani, has seen a massive slide in net worth as his company sees further losses in shares.
The new idea of reshuffling and rejuvenation is introduced after a scheme revealed last October to slash its employee base by five percent or 4000 jobs, as the company suffers from the recall of millions of ventilators used to treat sleep apnoea.
With the current outlook in the industry, most players in the memory chip ecosystem are gradually tapering their expectations as it concerns profitability, but are now more focused on survival.
Renault and Nissan recently announced that the French automaker would transfer 28.4% of Nissan’s stake into a French trust.
Apart from the declines in smartphone shipments in China in 2022, the country had a hard time with the persistent coronavirus pandemic.