Facebook’s latest earnings reports have a mixed bag of commentary from market analysts. The company is looking to invest into new avenues while devoting significant resources towards building metaverse.
Twitter reported its Q3 earnings and revealed that its performance was not significantly affected by Apple’s updated privacy features.
Coinbase stock has gained approximately 38%, 41%, and 6% in the past three months, one month, and five days respectively.
Along with its IPO filing, Iris Energy submitted a prospectus that revealed a 1,177% increase in revenue for the September 30 quarter.
Short-seller Iceberg Research unveiled a bearish position on the DWAC stock market on Monday.
Stripe and Klarna are collaborating in 20 countries to offer Klarna’s BNPL service to enter the competitive and popular repayment sector.
UBS says that its wealth management division pushed the value of invested assets to $3.2 billion, and increased pre-tax profit by 43%.
On Monday, TSLA stock soared 12% following a huge order from car rental company Hertz Holdings. Analysts have further increased the price targets for Tesla stock.
As for the third quarter operational highlights, Facebook reported that its daily active users (DAUs) came in at 1.93 billion representing a 6% rise YoY.
An unnamed European investor noted that Binance liquidated his crypto holdings in a specific coin without his own interests. The investor is now seeking $140 million in compensation from the crypto exchange.
With the 2.8 billion Mastercard users globally, the announcement could skyrocket the adoption of Bitcoin and altcoins.
Following the dip in its price today, the PINS stock has wiped out gains made last week after the news hit the internet.
Allbirds is famously known for its popular brands Wool Runners, and casual sneakers. The company has established its market through retail stores in New Zealand, China, and the United States.
The Burger King parent reported 76 cents per share adjusted, and a total of $1.5 billion, lower than the estimated $1.52 billion.
According to reliable sources, Hertz’s order of 100,000 cars equals about $4.2 billion in revenue for Tesla.