(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…
(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…
(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…
(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…
(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) 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…
(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) 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) 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…
(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) 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…
(Coinbase) Shares of Coinbase traded 17% lower on Wednesday after the first quarter of 2022 revenues came at $1.17 billion, lower than estimates of $1.48 billion. The revenue was 27%…