Both US and global equities and commodities saw volatile trading throughout last week following an escalated showdown between Russia and Ukraine.
The exit of British Energy company BP off the board of Rosneft is a complete example of private sanction that is complementing the efforts from governments around the world.
US stock futures have fallen again after staging a remarkable comeback following the ongoing showdown between Russia and Ukraine.
Besides adding a total of 85 assets for trading and custody support for an additional 72 assets, Coinbase said the major cryptocurrencies including BTC and Ethereum (ETH) contributed as much as 55% of all trading volume.
Block said Bitcoin sales derived from its Cash App mobile service for the fourth quarter pulled in huge revenue numbers.
The investigation is escalating the existing tension between Musk and the SEC that has recently accused Tesla CEO of discrimination of employees.
Beyond Meat said grocery sales volume in the US during Q4 lost 19.5% to $49.98 million. The company tied the sales slump to low demand, high discounts, market share loss, and five fewer shipping days than the previous year.
A keynote in the Q4 resultsis that gross merchandise value increased by 16%. Etsy also confirmed a consolidated gross merchandise value of $4.2 billion, up 16.5%.
General underperformance plagued stock futures and indexes across three continents following heightened tensions between Russia and Ukraine.
For the fourth quarter of 2021, eBay reported revenue of $2.6 billion and a revenue of $10.4 billion for the full year.
Russia-Ukraine war-related fears continue to put severe pressure on global stock markets. The US announces a fresh set of sanctions against Russia’s sovereign debt, banks, and high-profile individuals.
Palo Alto Networks recorded a revenue of $1.3 billion, a 30 percent spike year over year, surpassing the Zacks Consensus Estimate by 2.86%.
Amid the ongoing military strife between Russia and Ukraine, US stock futures inched higher as the S&P 500 closed in correction territory.
Virgin Galactic said earlier that the ramp-up of astronaut service would determine a favorable profit.
Barclays announced other top highlights in the earnings report while also affirming that its performance will help it return more funds to the shareholders.