Stock and crypto prices increased on Thursday as the US Dollar Index weakened. Some of the market’s largest assets all rose.
The GameStop Q3 2022 earning report showed poor figures that reflect reduced consumer spending on its products.
Mobileye reported that it made $450 million in Q3 2022 and has now forecast fourth-quarter revenue to $527 million-$545 million.
The S&P 500 and Nasdaq Composite indexes, along with US bond yields, all incurred losses amid yesterday’s choppy session.
The digital currency ecosystem has recorded so many mishaps this year that it is now practically impossible for investors not to maintain a skeptical view of stocks across the board.
The overall slowdown in the ad industry is hurting Paramount’s profits to a considerable extent. The company also plans to bring together the streaming infrastructure for Paramount+ and Showtime.
Block, MicroStrategy, and Coinbase experienced drawdowns alongside traditional markets even as crypto prices experienced a rise on Monday.
GoTo is not the only Asian tech company to plummet in valuation after its public launch.
GoTo is the worst large tech IPO of 2022 after plunging for 10 consecutive sessions amid the global selloff.
The Dow Jones closed approximately 200 points lower in anticipation of Friday’s critical jobs report.
Instead of designing the Tesla Semi as either a right or left-hand drive truck, Tesla placed the steering wheels in the center of the vehicle with screens overlaying the sides.
The highlight of the earnings call was the surprise announcement of the departure of Salesforce co-CEO Bret Taylor.
Volta recently closed under 50 cents for the first time as a public company due to a cash crunch and the possibility of stock delisting.
Tesla stock seems poised to drop further due to increased EV competition and Musk’s recent involvement with Twitter.
American entrepreneur Sam Bankman-Fried has failed to honor a loan agreement with BlockFi.