Saudi Aramco Becomes World’s Most Valuable Company as Apple Stock Drops
Following a 5.2% decline on Wednesday, Apple was overtaken by Middle Eastern oil behemoth Saudi Aramco as the world’s most valuable stock.
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Following a 5.2% decline on Wednesday, Apple was overtaken by Middle Eastern oil behemoth Saudi Aramco as the world’s most valuable stock.
Galaxy Digital wants to purchase 10.6 million of the company’s ordinary shares under the stock buyback initiative.
In a bid to reposition its business for the long term, Panasonic plans to take its supply chain software business public.
Michael Saylor remains confident that MicroStrategy’s debt profile is in a good place despite external circumstances, and has attempted to allay investors.
Following an accidental and premature release of its Q1 2022 results, SoFi shares declined sharply due to an underwhelming Q2 forecast.
Despite its Q1 2022 downturns, Coinbase is optimistic that the market conditions are temporary and the company is focusing on the long-term.
The pandemic-driven demand for Roblox has cooled down which has resulted in some pressure on its revenue stream. Roblox says its will explore opportunities in the “metaverse” theme.
Musk’s recent remark about lifting the ban on Trump supports his earlier call for free speech on the social networking platform.
According to Peloton, the fiscal Q3 losses were fueled by a sharp reduction in consumer demand.
Novavax has some key meetings ahead with the US Food and Drug Administration next month for the approval of its two-dose vaccine in the US.
The Grindr SPAC public deal includes an initial $284 million from Tiga and an additional $100 million in forward purchase agreement.
Speaking at a news conference, Powell noted that the Federal Reserve understands the “hardship” inflation is causing and how it is affecting tech and other stocks.
The impressive financial results AMC Entertainment recorded in the first quarter were based on the release of blockbuster movies that people actually wanted to see.
Coinbase experienced a substantial fall in stock price amid several macroeconomic factors that also affected US equities and crypto.
Galaxy Digital revealed quite the loss in its Q1 2022 report and has blamed unrealized losses from digital assets for the plunge.