Vodafone CEO Announces Record Layoff of 11,000 Workers, Shares Sink 7%
Vodafone shares took a beating today amid company plans to layoff thousands of workers, and properly allocate resources.
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.
Vodafone shares took a beating today amid company plans to layoff thousands of workers, and properly allocate resources.
If the US SEC classifies cryptocurrencies as securities, OTC Markes will be well-positioned in providing liquidity to these assets in the future.
China’s economic outlook also affected the stocks of some of the top companies in the country.
European Commission stated that Microsoft is offering remedies to allay competition concerns allowing consumers to stream the titles on any cloud computing platform of their choice.
Burry increased his stakes in several regional banks in Q1, including NYCB, PacWest, Western Alliance, and First Republic.
The announcement of high United States consumer debt comes as the debate for the national debt ceiling raises concerns over high inflation.
In addition, the SEC raised a fresh allegation against Musk for tweeting that Tesla would produce around 500,000 cars this year.
Rakuten shares gained approximately 7.9 percent YTD despite dropping about 20 percent last year.
Zimbabwe seeks to use gold-backed crypto tokens to salvage the country’s economic situation.
Before this announcement, Vice Media had begun to restructure its global organizational workforce.
The integration of Spotify with NFT projects including Moonbirds has helped its stock rally more than 80 percent YTD.
Chinese chip powerhouse SMIC saw Q1 revenue fall to $1.46 billion as it continues to withstand chip shortages and US trade sanctions.
CryptoQuant’s Business Development executive Benjamin Brannan exposited on the Bitcoin’s ‘favorable’ price optics in 2023.
The biggest beneficiary of this move in the long term will be Tesla shareholders, considering the firm is the only publicly listed entity tied to Elon Musk
From a stock index perspective, Alphabet shares are among the best-performing equities with a gain of about 33% YTD.