Li Auto Q3 2022 Outing Sees Revenue Rise 20%, Costs Widen Further
Although Li Auto realized a substantial revenue increase for Q3 2022, the company’s operating costs also rose.
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.
Although Li Auto realized a substantial revenue increase for Q3 2022, the company’s operating costs also rose.
Just last month, the firm announced it retrenched 12% of its workforce.
The Snapdeal IPO may be launched at a later date. According to the firm, a move will depend on their need for capital at that time.
The UK will extend its crypto tax break as part of a broader financial reform package to increase the country’s crypto profile.
Stock and crypto prices increased on Thursday as the US Dollar Index weakened. Some of the market’s largest assets all rose.
Mobileye reported that it made $450 million in Q3 2022 and has now forecast fourth-quarter revenue to $527 million-$545 million.
The S&P 500 and Nasdaq Composite indexes, along with US bond yields, all incurred losses amid yesterday’s choppy session.
The digital currency ecosystem has recorded so many mishaps this year that it is now practically impossible for investors not to maintain a skeptical view of stocks across the board.
VinFast has expressed its intent to expand aggressively into the US via an IPO and production plant.
The overall slowdown in the ad industry is hurting Paramount’s profits to a considerable extent. The company also plans to bring together the streaming infrastructure for Paramount+ and Showtime.
Block, MicroStrategy, and Coinbase experienced drawdowns alongside traditional markets even as crypto prices experienced a rise on Monday.
GoTo is not the only Asian tech company to plummet in valuation after its public launch.
GoTo is the worst large tech IPO of 2022 after plunging for 10 consecutive sessions amid the global selloff.
The Dow Jones closed approximately 200 points lower in anticipation of Friday’s critical jobs report.
Instead of designing the Tesla Semi as either a right or left-hand drive truck, Tesla placed the steering wheels in the center of the vehicle with screens overlaying the sides.