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.
Netflix is classified among the most prestigious of stocks called FAANG, and while it still remains an elite asset, a number of financial advisors are downgrading their rating on the shares at the moment.
Tesla announced record Q1 numbers that surpassed analysts’ expectations in revenue and earnings per share despite supply chain issues.
Analysts polled by Refinitiv now see IBM growing 6 percent in 2022, up from under 4 percent last year.
With a cloud of uncertainty surrounding the company regarding the future of Grubhub, Chief Executive Officer Jitse Groen is optimistic about the company’s growth in the long term.
European stocks turned positive after opening at the flatline as markets assess the Ukraine war and predictions from the World Bank and IMF.
Following a 35% fall after reports on the subscribers’ loss, Netflix is now down 27.15% in the pre-market trading.
The IMF has recommended that countries implement Financial Action Task Force standards to mitigate the crypto-specific risks.
As a viable player in the digital currency industry, Silvergate Bank is broadening its base with the most notable players in the space.
The first Australia Bitcoin ETF will not take the usual route like other ETFs. Rather than investing directly in Bitcoin, the Fund will invest in shares of Purpose Investment’s Bitcoin ETF.
IBM reported adjusted earnings per share of $1.40, whereas analysts surveyed by Refinitiv expected an adjusted EPS of $1.38.
According to the World Bank, factors including the war in Ukraine, fuel prices, and food shortages have caused a reduction in global growth.
Elon Musk posted the “Love Me Tender” tweet a few days after he created a poll about taking Twitter private.
Although analyst are expecting a majority of the S&P 500 companies to deliver better-than-expected results, fears on inflation and interest rate hikes are dragging stock down.
The GDP China recorded in Q1 exceeded analysts’ expectations to rise 4.8% despite COVID-induced economic contraction affecting employment.
Mainland China stock market felt the impact of a renewed Covid outbreak in the region, while the central bank refrained from cutting interest rates.