(CoinDesk) Citi strategists believe that the metaverse economy’s total addressable market would be somewhere between $8 to $13 trillion by 2030. The bank believes that the metaverse would be akin…
(BLS) The total nonfarm payroll employment increased by 431,000 in March, with job gains posted in multiple sectors. The unemployment rate fell by 0.2% to a lower 3.6% in March.…
(Redwire) Shares of Redwire Corporation lost more than a quarter of value on Friday after reporting a loss of $61.5 million in FY21, worsening by $47.2 million from the prior…
(Xpeng) Shares of Xpeng rose more than 8% on Friday in premarket after announcing 15,414 vehicle deliveries in March, up 202% from the prior year. The deliveries rose by 148%…
(Bloomberg) Alibaba shares rose more than 6% as other major Chinese firms listed in the US gained on news that Beijing will give full access to audits of most entities…
(Li Auto) Electric car maker Li Auto said that it delivered 11,034 vehicles in March 2022, an increase of 125.2% compared to the previous year. Following the robust deliveries in…
(Nio) Shares of electric maker NIO rose more than 6% on Friday after reporting total deliveries of 9,985 in March, up 37.6% from the prior year. The March deliveries consisted…
(HIS Markit) The Purchasing Managers’ Index, gauging the operating conditions in China’s manufacturing sector, plunged from 50.4 in February to 48.1 in March. The fall in the index signaled a…
(Eurostat) The annual inflation in the euro area is estimated to have climbed to 7.5% in March 2022, compared to 5.9% the previous month. The price jump exceeded estimates of…
(CNBC) Shares of video game retailer GameStop rose more than 16% on Friday premarket after the company said it was seeking shareholder approval for a stock split. GameStop said that…
(Twitter) The largest NFT collection by market cap Bored Ape Yacht Club said that its discord server was hacked through a phishing attack. BAYC said the hackers gained access to…
(CoinDesk) The EU voted in favor of a measure seeking to outlaw anonymous crypto transactions, with the sector leaders saying the move will stifle innovation and hurt privacy. The EU…