
Block Inc Shares Plunge 14% after Hindenburg Research’s Damning Expose
Block said it is working with the SEC on how to “explore legal action against Hindenburg Research for the factually inaccurate and misleading report”.
Block said it is working with the SEC on how to “explore legal action against Hindenburg Research for the factually inaccurate and misleading report”.
Mike McGlone anticipates a Bitcoin Supercycle due to the asset’s raving performance despite economic circumstances.
As a high-growth-oriented company, Tencent is charting a very ambitious path to grow its revenue over time.
Amid its ongoing crackdown on crypto entities, the SEC issued an enforcement action Wells notice to Coinbase.
According to Geely, it is projecting a total of 1.65 million units for the current fiscal year and it expects its electric vehicle to dominate the mix.
Virgin Orbit stock is up over 73% in the pre-market while yesterday it closed down almost 15%.
The Terran Orbital Q4 2022 release revealed revenue increases on a quarter-on-quarter and year-on-year basis.
Sweden’s largest pension fund Alecta dumped its First Republic Bank stake at a $728 million loss amid broader US banking losses.
GameStop is committing to amassing more gains following the latest quarterly profit.
According to Nike, inventories climbed 16% in the fiscal Q3 2023 compared to the same period in 2022.
GoTo hopes to achieve positive Group adjusted EBITDA1 within the fourth quarter of 2023 while also reaching a full-year 2023 Group adjusted EBITDA1 to be between Rp 5.3 to Rp 4.6 trillion.
Amazon is reducing costs and headcounts, considering the “uncertainty that exists in the near future” and the unstable economy.
In an attempt to save First Republic Bank, a number of mainstream banking giants have decided to come to the bank’s aid with a total deposit of $30 billion.
UBS and Credit Suisse both saw their shares spiral after the former agreed to an emergency rescue of the latter.
In addition to seeking the grace period from Nasdaq, Astra also mentioned a possessive reverse stock split.