Roku Partners With Walmart to Bring Commerce to TV Ads
(Roku) Roku has announced that it has partnered with Walmart to bring featured products by the e-commerce retailer on its TV streaming platform. The company says that Walmart will be…
Alibaba Jumps 10% After China Reportedly Agrees to Ant’s Financial Holding License
(Reuters) Shares of Alibaba rose more than 10% on Friday after reports indicated China had accepted Ant Group’s application to become a financial holding company. The grant is expected to…
Three Arrows Hit With Margin Calls as Firms Liquidate Positions
(FT) Crypto hedge fund Three Arrows Capital is facing liquidations from firms led by BlockFi after it failed to meet margin calls over the weekend. Crypto lender BlockFi, liquidated some…
Elon Musk Wants Crypto Payments Introduced to Twitter
(Vox) Elon Musk has recommended the integration of crypto payments into social media giant Twitter. In a Q&A session with Twitter Employees, Musk said that integrating payments would make it…
Spain’s Leading Low-Cost Air Carrier Vueling to Accept Crypto Payments
(PRNewswire) Spain’s largest airline Vueling is partnering with BitPay to make it possible for customers to pay using digital assets. The airline will use the technology offered by UATP, a…
Steel Dynamics Guides a Record Earnings in the Second Fiscal Quarter
(Steel Dynamics) Steel Dynamics expects record earnings per diluted share of $6.33 to $6.37 in the second quarter, reflecting strong demand and higher pricing. Steel Dynamics says that the earnings…
Sidus Space Soars 65% After Disclosing NASA Services Contract
(Sidus Space) Shares of Sidus Space Inc. rose more than 65% on Thursday on the news it was part of the Collins Aerospace team that was awarded a services contract…
Commercial Metals Company Grows Earnings by 140% in Q3 2022
(CMC) Commercial Metals Company reported net earnings of $312.4 million in the third quarter of 2022, up 140% from the prior year. Earnings per share was reported at $2.54 in…
Kroger Grows Identical Sales by 4.1% as Q1 2022 Results Beat Estimates
(Kroger) Kroger reported a 4.1% increase in identical sales, without fuel, in the first quarter of 2022. The increase compares to a decline of a similar margin in the prior…
Ferrari N.V. Targets 60% Hybrid and Fully Electric Offerings by 2026
(Ferrari) Ferrari N.V. says 60% of its product offerings will be hybrid and fully electric by 2026 while continuing with the evolution of the internal combustible engines. While detailing its…
Yahoo to Host Virtual Vents for Hong Kong Residents in Decentraland
(Cointelegraph) US-based internet media Yahoo has announced it will host several virtual events and concerts for Hong Kong residents in the Decentraland. Yahoo’s Hong Kong head of audience, Lorraine Cheung,…
Fed Hikes Benchmark Rate by 0.75pp, Could Hike Similarly in Next Meeting
(Fed) The Federal Reserve has raised the key interest rate by 0.75 percentage points in a move to confront the inflation rate, which is hovering around a four-decade high. Following…
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