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Meta’s Q1 2023 performance underscores its commitment to cutting costs and maximizing earnings in its “year of efficiency”.
While Bitcoin still maintains a somewhat close correlation to the S&P 500, the digital currency is now being pitched as a better alternative to traditional banking.
First Republic Bank received uninsured deposits totaling $30 billion from a group of America’s largest banks on March 16, 2023, to help reduce the chances of a bank run.
In its fiscal Q3 2023 report, Microsoft CFO Amy Hood stressed that the company would continue to prioritize AI-related endeavors.
Leading hamburger purveyor McDonald’s experienced earnings growth for Q1 2023 despite sporting a pricier menu.
Pharmaceutical powerhouse J&J expects to price its Kenvue IPO shares at $20 to $23 for a potential $40 billion company valuation.
As LVMH records new levels in market valuation, its CEO and co-founder of the company is currently the world’s richest person.
With all the predictions, it appears that Bitcoin may truly be getting ready for a long rally.
There are different segments in the market with different performance outlooks and while the payments ecosystem took a slight hit, the earnings in the banking sector have been mixed across the board.
The United States has experienced a very concerning financial crisis in the banking sector this year.
Meta Platforms have been spending billions of dollars to get its metaverse initiative on a very good footing, and this year marks one of the critical periods that will redefine the direction of the entire pursuits.
VC firm Tribe Capital is also considering leading the $250-million fundraising campaign, anchored by $100 million from itself and its limited partners.
As for the monthly change, the largest downward contributions in both the CPIH and CPI annual rates are from motor fuels, as well as housing and household services (particularly liquid fuels).
Netflix is postponing the broad rollout of its password-sharing crackdown, which was originally scheduled for the first quarter.
United Airlines reported that its total capacity went up by approximately 23.4 percent during the first three months of the year.