Shein has hired three US-based financial companies – Goldman Sachs, JPMorgan Chase, and Morgan Stanley – as underwriters for the upcoming IPO.
COIN is presently trading at $119 after closing at $115 on November 27, which is the highest close since May 2022. The price now has minimal resistance ahead as it is moving toward $130, the May 2022 high.
eToro’s foray into the UAE comes amidst a period of global expansion for the platform.
Nvidia is also working on two other chips, the L20 and L2, for the Chinese market. According to the Reuters report, one of the chips, L20, is not facing delays and is expected to launch according to the original schedule.
Amid exports restrictions on AI chips introduced by the US government, Nvidia expects a slowdown in the revenue growth in the ongoing Q4 quarter leading to a selling pressure on its stock.
Nvidia is expected to report revenue growth in the Q3 2023 earnings result today, thus boosting shareholders’ confidence amid high demand from AI companies.
Following the release of the CPI report, Fed-funds futures pricing data indicated that rates are likely to remain steady at the next Federal Reserve policy meeting.
Saylor sees Bitcoin’s potential to soar even higher, especially once regulators approve financial firms’ Bitcoin spot ETF products.
The stock market’s decline coincided with a significant increase in bond yields. However, market experts remain cautiously optimistic about the overall trajectory.
COIN shares immediately saw a surge in trading activity leading to a 5.14% increase in their stock price.
The spike in Marathon Digital’s revenue for Q3 2023 was a result of multiple factors, including increased Bitcoin production and higher uptime.
Market analysts believe the new updates released by OpenAI significantly contributed to the rise of Microsoft (MSFT) shares.
Datadog has further given an optimistic outlook for the entire year of 2023 while forecasting Q4 revenue between $564 million and $568 million.
The Dow had the weakest performance among the three major indexes during Tuesday’s session, primarily due to several declining stocks.
The UBS report for Q3 2023 showed that the company’s net loss increased because of expenses necessary due to the Credit Suisse integration.