BrightDrop has a reservation count of over 25,000 EV units from large fleet operators, including FedEx and Walmart.
Nvidia said its gaming sales for the fiscal Q3 were $1.6 billion, over analysts’ expectations of $1.4 billion.
The internet company has faced several challenges this year. One of them was the ban introduced on its prominent Free Fire game in India in early 2022.
Coinbase chief executive Brian Armstrong recently sold over $1.6 million in shares, according to an SEC filing.
A lower October PPI suggested that inflation is abating and has triggered a rise in the S&P 500, other leading averages, and retail stocks.
Amid Silvergate Bank’s exposure to FTX, Goldman Sachs has cut down the price target and is expecting greater deposit outflows.
Futures tied to the Dow Jones and other leading indexes climbed significantly after reports suggested that inflation may be slowing.
Amid a gloomy global economy and slowing sales, e-commerce giant Amazon has come to a cost-cutting mode with a plan to preserve cash.
Goldman asserts that although there is a reduction in the Coinbase price target, the exchange remains insulated against the FTX fallout.
As inflation data cooled down the markets reacted with a very strong rally. Ath the same time, the Treasury Yields also plunged.
E-commerce giant Amazon becomes the first publicly-traded company to lose $1 trillion in stock value amid economic recession.
Tesla share’s value was expected to decline following the sustained cryptocurrency crash in the past few months.
RBC Capital Markets experts believe that the staff layoff is not the solution to the numerous challenges the company is currently facing.
Following its purchase of Coinbase stock at the end of October, Ark Invest has added an additional 420,949 units of COIN.
Following his takeover of Twitter, Elon Musk has sold 19.5 million more Twitter shares worth $3.95 billion.