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.
Uber recorded as much as a $5.9 billion equity loss that can be attributed to its equity investments.
The SEC deciding to probe the Didi IPO is another regulatory problem for the company, added to cybersecurity investigations back in China.
The Jefferies analysts emphasized the MANG Group as a preferable choice over FAANG. MANG represents Microsoft, Apple, Nvidia, and Alphabet.
The LIC is the dominant life insurance provider in India with an estimated investment of $503 billion and a life fund of $470.70 billion.
Airbnb stock has largely remained indifferent to the ongoing war but in terms of investor sentiment, the shares have taken a beating in relation to other tech stocks on Wall Street.
In the earnings report, MicroStrategy noted a secured term loan by its wholly-owned subsidiary MacroStrategy.
Starbucks revealed a 15% rise in fiscal Q2 2022 revenue amid rising costs of ingredients, lockdowns in China, and employee unionization.
Amid the crypto market slump, the company took a hit in assets under management (AUM) while its total revenue tanked by 42%.
Zepto, one of India’s emerging quick food delivery startups has raised the sum of $200 million in a Series D funding round, drawing unusually high interest from venture capital firms.
Australia’s apex bank, the Reserve Bank of Australia (RBA) has hiked its interest rate for the first time in more than a decade.
BP reported a headline loss of $20.4 billion for the Q1 2022 resulting from its exit from Russia.
In the early trading hours in Hong Kong, the Alibaba stock had a 9.4% pullback, erasing about $26 billion off its value.
As trading operations will continue in the Nordic markets, there is a risk of monetary and reputational damage to Citi. Currently, Citigroup is in talks with regulators and exchanges about the incident.
Warren Buffett confirmed after the concluded Berkshire Hathaway Annual Shareholder Meeting that the firm has topped its holdings on Apple.
The Bitcoin network is arguably getting stronger as on-chain data suggests.