
Ubisoft Latest Game Cancelation and More Bad News Causes Shares to Plunge 20%
Due to the bad news, which includes the canceled games and financial challenges, Ubisoft plans to “depreciate around €500m of capitalized R&D”.
Due to the bad news, which includes the canceled games and financial challenges, Ubisoft plans to “depreciate around €500m of capitalized R&D”.
During Q4 2022, TSMC reported 52% in its operating margin, gross margin was 62.2%, and net profit margin was 47.3%.
Considering the current business state of the company, it has revised its target for the year and it said it now expects its overall revenue to drop by 13-15%.
Lawmakers in El Salvador have greenlit a law that could facilitate the country’s long-standing Bitcoin bond initiative.
Reports say that tech powerhouse Apple could soon release touchscreen versions of its Mac laptop lineup in 2 years.
More observers are growing bullish on the euro this year despite its relative slump against the US dollar in 2022.
With Bitcoin gathering some decent gains since the new year, MicroStrategy saw its shares climb 34.21%.
Ondo Finance will help customers invest in deep liquidity low-risk traditional assets through blockchain technology.
As the world’s largest chip manufacturer, TSMC was positioned to bear the brunt of the slowing demands in general.
The details of the IPO have not been disclosed, but if Hesai proceeds with all the steps on time, it might be the first Chinese company to launch an IPO in the US this year.
The news of the mission’s failure did not augur well with the firm’s investors as reflected in its stock performance.
According to the US DOJ, the Robinhood shares have drawn ownership claims from several parties, including SBF and FTX creditors.
The price of Bitcoin climbed higher on Monday raising hopes for a rally in 2023, and taking several crypto stocks along with it.
While the bank’s stock and bond folios took a major hit, the gains with the gold holdings have managed to subside the losses.
Jefferies wrote that Coinbase would be “acutely pressured in the near term” as retail customers withdraw from crypto after the FTX crumble.