Rivian stock fell after the company posted fourth quarter financial earnings projecting a less-than-expected number of vehicles for 2022.
Crypto-related stocks especially in the mining firms like Riot Blockchain and Marathon Digital Holdings gained 11.52%, and 14.9% respectively.
Amazon will continue to work closely with NGOs and organizations to cater to humanitarian needs in Russia.
Comparing Bumble 2021 Q4 with reports of the previous year, there was an increased revenue of $208.2 million against $165.6 million.
In the filing Goldman Sachs says that it will offer clients exposure to the Galaxy Digital Ethereum fund and in turn shall receive an introductory fee.
After 32 years of successful operations, McDonald’s quits Russia amid the recent ongoing geopolitical turmoil. PepsiCo, Coca-Cola and Starbucks also took similar decisions.
Buffett recently talked about the “four giants” of Berkshire Hathaway, making him one of the richest people in the world. First on the list is Berkshire’s insurance business, which Buffett said will never go “obsolete.”
Starbucks has indicated that it will extend its support to Russian partners including employees to cater for their livelihood.
The US government has announced that it will no longer accept Russian oil or energy imports and wants Western allies to follow suit.
After GameStop chairman Ryan Cohen revealed that he owned 10% of Bed Bath, the merchandise retailer saw its shares climb.
Russia remains the major supplier of oil and gas to Europe, and while many EU leaders have imposed sanctions on Russia, there is no guarantee that many will want to boycott the Russian crude oil products.
KPMG announced that it will completely exit the Russian network in a move to help its Ukrainian colleagues and thus support humanitarian efforts.
With this move, Netflix has followed the likes of YouTube, Twitter and Meta in blocking Russian channels like RT and Sputnik.
Bitcoin over the years has been tagged as a hedge against inflation and as such, many market experts expected a major boost in price as Russia’s invasion of Ukraine has sent crude oil to its highest price since 2008.
Technically, Petro can be bought with the help of Bitcoin and Litecoin from both the Venezuelan Central Bank and the local exchanges.