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.
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.
The SkyBridge Capital chief believes that Bitcoin needs to have at least one billion addresses in order to gain maturity and function as an asset class.
Like Ford, many companies have been cutting costs and lowering headcounts due to the ongoing market condition.
Looking forward, the software company expects its full-year 2023 revenue to fall between $4.385 billion and $4.395 billion.
Pinduoduo is still one of the few Chinese companies that have its shares traded on a public bourse in America.
Companies like Carrefour are also making targeted efforts to support the government’s inflation reduction strategy.
The primary aim of the ongoing cost-cutting measures is to return their businesses to profitability across the board.
The record shows that FTX had about $2.5 billion in cash at the end of 2021 and 27% profit margins.
Several crypto-oriented stocks regressed in Friday’s pre-market trading, after a promising start to August as lead crypto BTC also fell.
Cisco has given a strong outlook for the coming fiscal year after its shares surged owing to a sound fiscal Q4 2022 report.
As the open interest for Ethereum options shoots to $8 billion, CME plans to bring ETH options contracts just ahead of the Merge event.
A 20-year-old USC undergraduate realized massive profit after trading Bed Bath & Beyond stock the month after his initial buy-in.
Citing the emergence of cryptocurrencies and large digital platforms, ECB states that CBDCs are “the only solution to guarantee a smooth continuation of the current monetary system”.