Disney Stock Falls 5% as Q2 2022 Earnings Come Lower, Subscribers Grow
(Walt Disney) Shares of Walt Disney fell more than 5% in premarket on Thursday after reporting earnings per share of $0.26 in the second quarter of 2022. The earnings were…
UK Economy Falters after GDP Moves from Stagnation to 0.1% Decline in March
(ONS) The gross domestic product in the UK declined by 0.1% in March as weaknesses persisted following a no-growth status in February. The main contributor of the GDP slowdowns in…
Stablecoin Contagion Hits Tether’s USDT as It Loses Dollar Peg
(Coindesk) Tether’s USDT exchanged hands at $0.97 in Asian hours on Thursday, becoming the next stablecoin to lose its dollar parity in a market turmoil. The fall in Tether’s peg…
Brazil’s Top Digital Lender Nubank to Allocate 1% to Bitcoin in Paxos Partnership
(Cointelegraph) Brazil’s and Latin America’s largest digital lender Nubank has partnered with Paxos for crypto services offerings. The bank says it will allocate about 1% of its assets to Bitcoin…
US Crude Inventories Increased by 8.5M Barrels Last Week
(EIA) The US stockpiles of crude oil was at 424.2 million barrels in the week to May 6, an increase of 8.5 million barrels from the previous week. The increase…
AVAX Falls 30% On Concerns LFG Will Deplete Token Reserves to Boost UST Peg
(Cointelegraph) Avalanche’s native token AVAX fell up to 30% on Wednesday to trade at $32.50, the lowest since September 2021. The decline in Avalanche followed concerns that the Luna Foundation…
Switch Jumps 8% On an $11B Take Private Deal by DigitalBridge
(Switch) Shares of Switch Inc. rose more than 8% on Wednesday after confirming it was going private in an $11 billion deal by DigitalBridge Group. The deal values Switch at…
US Inflation Cools to a Monthly 0.3% Jump in April
(BLS) Consumer prices in the US rose by 0.3% in April from the previous month, a slower gain compared to an increase of 1.2% in March. The food index increased…
Rocket Companies Earnings More Than Halves in the First Quarter of 2022
(Rocket) Rocket Companies, Inc. reported a net income of $1.037 billion in the first quarter of 2022, more than half of an income of $2.777 billion in the prior year. …
Veru Soars 35% After FDA Approves Sabizabulin Data for Emergency Authorization
(Veru) Shares of Veru Inc. rose more than 35% in premarket on Wednesday after FDA said it was due for an emergency authorization of Sabizabulin in hospitalized COVID-19 Patients. FDA…
China’s Inflation Beats Estimates in April as Food Prices Soar
(NBS) China’s inflation rose by 2.1% in April from the prior year, compared to 1.5% in March and higher than estimates of a 1.8% gain. The producer prices also accelerated,…
Unity Software Stock Declines After Record Sales Miss Estimates in Q1 2022
(Unity) Shares of Unity Software fell more than 28% in premarket on Wednesday after posting a record $320 million in revenue in the first quarter of 2022. The revenue was…
- Go to the previous page
- 1
- …
- 155
- 156
- 157
- 158
- 159
- 160
- 161
- …
- 399
- Go to the next page