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.
The European markets reacted as the Fed chair cautioned of “some pain” ahead in order to tackle inflation.
Despite Singapore’s best efforts to become one of the world’s crypto hubs, it is notorious for being a difficult terrain for crypto.
The first onset of the COVID-19 pandemic was adjudged to be very beneficial to tech giants as many people resorted to the services they provide to survive and get entertainment during the lockdowns. Today, the narrative seems to be changing across the board.
Instead of Apple, the filings were registered to Immersive Health Solutions LLC. The Health Group is believed to be a shell company Apple absorbed earlier this year.
Without stating its expectations for the upcoming fiscal 2023, Peloton sees its subscribers staying flat in fiscal Q1 2023.
Tesla approved the 3-in-1 stock split in June, which does not affect the company’s valuation. The EV giant is still worth over $930 billion after the split.
Senator Ben Sasse, Republican of Nebraska, said the plan “forces blue-collar workers to subsidize white-collar graduate students”.
The company added in the Q2 fiscal 2023 results that the guidance does not determine the value of the company’s “strategic investment portfolio as it is not possible to forecast future gains and losses.”
Since the peak of the coronavirus pandemic, Nvidia has been amassing profits from its latest generation of graphics cards.
For SpaceX, the partnership with T-Mobile is not the first experience of collaboration with a telecommunications company. Back in June, Musk said that SpaceX had “two quite significant partnerships with major country telecommunications companies.”
CATL said that its revenue in H1 2022 rose 156% year-over-year.
In announcing the fiscal Q2 results that led to the shares decline, Zoom also lowered its fiscal FY 2023 projections.
Macy’s is counting on early holiday sales to help maintain its revenue and earnings target for this current fiscal year.
The shares fell after Xpeng said its expected delivery for Q3 to be between 29,000 to 31,000 units.
For Q3 2022, JD.com is predicting a decline in the revenue. But it is too early now to say how it will go, as the company’s performance will partially depend on the economic situation in China.