Following his takeover of Twitter, Elon Musk has sold 19.5 million more Twitter shares worth $3.95 billion.
Marathon Digital noted that the lower production resulted from the previously announced exit from the company’s facility in Hardin, MT, and delays in the initial energization of the King Mountain facility in McCamey, TX.
The TRIP stock came under pressure as the company flagged a slowdown in revenue for Q4. for the ongoing quarter, TripAdvisor expects the revenue to rise in the low-single-digit range from 2019.
Disney added 12.1 million subscribers during this period, pushing their total subscribers to 164.2 million, exceeding analysts’ expectations of 160.45 million.
Cloud-based software company Salesforce resorted to a layoff of a large number of employees amid harsh economic conditions.
Since Tesla’s bid for Twitter, Musk’s net worth has declined by a massive $70 billion. Musk said that his major focus currently is getting Twitter on the right path.
A major highlight of the announcement is the creation of a Digital Twin of the Software Defined Vehicle which will be resident on Google Cloud.
Indonesian e-commerce company Blibli is up 5% following its IPO on the country’s stock exchange Tuesday.
Despite the spec downgrade, there are several indications that suggest that the new chip will be readily accepted by the Chinese market.
According to Riot, the decline in revenue is largely attributed to the market pullback of Bitcoin coupled with some measures triggered to meet the rising energy crisis in Texas.
The average monthly transacting users on Paytm jumped by 39% from a year ago.
Iris Energy says it would not financially support its affected SPVs under current terms and could default on its loan notice.
On Monday, DWAC jumped 24% and helped lift other Trump-linked stocks as investors anticipate a likely 2024 presidential run.
Apart from its US business, Palantir is also confident that its abroad markets are performing well.
Jangwon Lee, the creator behind the new K-pop ETF, expects things to pick up eventually despite the lull in Korean entertainment.