NFLX Stock Down 27%, Netflix Announces Loss of 200K Paid Subscribers in Q1 2022
Following a 35% fall after reports on the subscribers’ loss, Netflix is now down 27.15% in the pre-market trading.
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Following a 35% fall after reports on the subscribers’ loss, Netflix is now down 27.15% in the pre-market trading.
The first Australia Bitcoin ETF will not take the usual route like other ETFs. Rather than investing directly in Bitcoin, the Fund will invest in shares of Purpose Investment’s Bitcoin ETF.
According to the World Bank, factors including the war in Ukraine, fuel prices, and food shortages have caused a reduction in global growth.
Elon Musk posted the “Love Me Tender” tweet a few days after he created a poll about taking Twitter private.
Although analyst are expecting a majority of the S&P 500 companies to deliver better-than-expected results, fears on inflation and interest rate hikes are dragging stock down.
Tesla and SpaceX Boss Elon Musk offers to buy Twitter a little over a week after revealing a sizable investment in the social media giant.
Since December 1981, the US has not registered an inflation increase of as much as 8.5% in 12 months.
Fingers are crossed in the expectation of earnings results from major banking giants in the US.
The 10-Year Treasury Yield grew by 2.78% representing a three-year high. Events that push these yields to historic highs typically fuel the dumping of risky assets.
According to Sony and The Lego Group, the investment into Epic Games is to create a “family-friendly” metaverse project.
The CSI 300 Index, which tracks the most extensive stocks on the mainland, dropped by 3.09% to 4,100.07.
The fifth wave of sanctions also involved a new ban on four major Russian banks which makes up about 23% of the market share in the Russian banking sector.
Despite the hike in interest rate by 25 basis points back in March, inflation is still not well tamed in the US and the stock market is pricing in this reality.
Should the acquisition be finalized, Bolt Financial will be in the best position to deploy its resources to help expand the scope of Wyre’s offerings as more people are warming up the embracing digital currencies.
Binance believes that the recent financing signifies an important moment for the company as it empowers people to maximize the use of money.