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.
Sony’s movie business faced a decline in operating profit, falling to 15.97 billion yen from the previous year’s 50.655 billion yen.
Following to the progress achieved in Q2, Rivian is expecting to raise its previous full-year production guidance from 50,000 units to 52,000 units.
Marathon Digital announced that the gains on the sale of Bitcoin were $23.4 million in Q2 2023.
Eli Lilly’s success can be ascribed in part to its promising medical pipeline and strategic acquisitions.
Moody’s is watching the banking sector and has already cut its ratings on several institutions because of ongoing economic headwinds.
The approval of spot-Bitcoin ETF remains a hot issue of debate among investors, regulators, and financial institutions.
The SoftBank loss surprised analysts who were expecting the company to report a gain, even though the company’s investment arm is up.
Lucid announced revenue of $150.9 million in Q2 2023 driven by customer deliveries of 1,404 electric vehicles.
Palantir Technologies announced a 13 percent increase in Q2 2023 revenue to $533 million and also reported its third consecutive quarter of GAAP profitability.
Berkshire Hathaway has reported an astounding $26 billion unrealized gain from its investments.
Analysts expect that the Vision Fund investment arm of SoftBank Group turned a profit and might announce as much in its upcoming report.
Hua Hong’s triumphant market debut stands as a resounding testament to China’s unyielding commitment to attaining self-reliance in the chip and semiconductor industry.
Despite the revenue drop during the second quarter, Saudi Aramco declared a $19.5 billion dividend payout to shareholders.
Though subdued, it was a positive all-round performance for the crypto market in Q2 2023.
Saudi Arabia’s investment fund has reported a heavy loss worth billions of dollars from economic factors that reduced its many investments.