Prior to this development, the ECB had kept rates at historic lows in negative territory since 2014.
In January, Apple’s market cap touched $3 trillion for the first time before the downturn in stock valuations hampered it.
Zuckerberg emphasized that the Feeds tab will display posts chronologically to all Facebook users.
Despite facing production headwinds during the second quarter, Tesla delivered better-than-expected output driving the stock market higher on Thursday.
Speaking on the 2022 Q2 performance, Snap CEO Evan Spiegel said the results do not reflect the company’s ambition.
The UK Treasury Department had earlier called for regulations for only those stablecoins that are pegged to a fiat currency.
Despite seeing its highest vehicle production month in history, Tesla also saw its automotive gross margin fall for the first time in a long while.
Amid the crypto market downturn, Swiss crypto ETP issuer 21Shares is now offering investors low-risk exposure via its BTC & ETH ETPs.
The Bank of England is considering a 50 basis points rate hike next month which would be the single biggest increase in over 30 years.
French international banking group BNP Paribas is exploring crypto custody through a partnership with Swiss institutional digital asset custody firm Metaco.
Markets make a strong rebound with some analysts believing that the bottom could be already in. Banking giants make strong gains on Tuesday.
Released Q2 Netflix results show that the company lost fewer subscribers than estimated amid plans to launch a cheaper ad-supported tier.
The lawsuit was to determine if Musk was under obligation to complete the deal or pay the breakup fee.
For the second quarter earnings, IBM benefitted immensely from the activities of its newly spun public-traded information technology infrastructure services offshoot Kyndryl Holdings.
The analyst notes that the GOOGL stock is under pressure due to concerns about a slowing economy that might result in reduced ad spending.