Marathon Confirms Montana Storm Knocked 75% Of Its Active Mining Fleet
(Marathon Digital) Marathon Digital Holdings says that a Montana storm that hit the town of Hardin on June 11 took over 75% of the company’s active mining fleet offline. The…
Walgreens No Longer Selling UK Boots Store After Underwhelming Offers
(Walgreens) Walgreens Boots Alliance Inc. has decided against selling its Boots drugstore chain in the UK due to “unexpected and dramatic change” in the global financial markets. Walgreens says that…
Goldman Assigns Coinbase a Sell Rating With a Price Target of $45
(Blockworks) Banking giant Goldman Sachs has rated Coinbase stock a “sell” with a price target of $45, from the previous $70. Led by analyst Will Nance, Goldman says that the…
JetBlue Hikes Offer to Spirit to $34.15 Per Share to Keep Off Frontier
(JetBlue) JetBlue is offering a “ticking fee” to Spirit that would raise the overall offer price to $34.15 per share in a bidding war with Frontier Airlines. Under the “ticking…
Kezar Life Sciences Jumps 77% After Topline Results of Lupus Treatment Trials
(Kezar) Shares of Kezar Life Sciences rose more than 77% on Tuesday after reporting positive topline results for its novel selective immunoproteasome inhibitor. The company said that a Phase 2…
Nike’s Q4 2022 Revenue, Earnings Surpass Estimates
(Nike) Nike announced revenue of $12.23 billion in the fourth quarter of 2022, surpassing estimates of $12.06 billion. The revenue is down 1% from the prior year but 3% higher…
FTX CEO Denies Reports Crypto Exchange Seeks to Acquire Robinhood
(Reuters) FTX CEO Sam Bankman-Fried has refuted claims that his crypto exchange is in talks to buy brokerage firm Robinhood Markets. Bankman-Fried was responding to reports that emerged on Monday…
Tether CTO Defends USTD Amid Reports Hedge Funds Are Shorting the Stablecoin
(Cryptopotato) Paolo Ardoino says Tether is the most proven stablecoin after reports emerged that hedge funds were engaging in short trades. The comments by Ardoino came after reports emerged that…
DNB Asset Management Leads Institutional Palantir Buys as Analysts Differ on Rating
(Defense World) DNB Asset Management AS raised its holding in Palantir by 7.9% in the first quarter, taking total ownership to $3,287,000. DNB is said to have bought 17,595 shares.…
SEC Seeks a Crypto Rule Book to Tame Vulnerability of Fragmented Systems
(FT) The US Securities Exchange Commission chair, Gary Gensler, is calling for establishing a single crypto regulation rule book. Gensler insists that with the different regulatory agencies, crypto operators can…
China to Install a Record 156 Gigawatts of Renewable Energy This Year – Expert
(Bloomberg) Yi Yuechun, vice dean of the China Renewable Energy Engineering Institute, says China is set to build a record 156 gigawatts of renewable energy this year. The installations, which…
ONE Token Plunge After Hackers Stole $100M in Harmony’s Horizon Bridge
(Cointelegraph) Harmony’s ONE tokens have dropped 7.4% in the past day to trade at $0.024 following an exploit of $100 million in its Horizon bridge. Multiple altcoins were lost from…
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